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    Sotero 07activity MIS

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    bernadette sotero
    The document discusses components that can improve a management information system: 1) An internal reports system that assembles internal data. 2) A marketing research system that examines external market trends. 3) A marketing intelligence system that examines constant market changes. 4) A marketing decision support system that evaluates data to aid decision making. These components can be implemented across industries by evaluating procedures, saving research data, and predicting future paths. They can also be combined with other management systems to provide a complete picture of customers and markets through coordinated functions. However, security risks must be considered before implementation to protect against hacking and data theft.

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    Sotero 07activity MIS

    Uploaded by

    bernadette sotero
    32 views2 pages
    The document discusses components that can improve a management information system: 1) An internal reports system that assembles internal data. 2) A marketing research system that examines external market trends. 3) A marketing intelligence system that examines constant market changes. 4) A marketing decision support system that evaluates data to aid decision making. These components can be implemented across industries by evaluating procedures, saving research data, and predicting future paths. They can also be combined with other management systems to provide a complete picture of customers and markets through coordinated functions. However, security risks must be considered before implementation to protect against hacking and data theft.

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    The document discusses components that can improve a management information system: 1) An internal reports system that assembles internal data. 2) A marketing research system that examines external market trends. 3) A marketing intelligence system that examines constant market changes. 4) A marketing decision support system that evaluates data to aid decision making. These components can be implemented across industries by evaluating procedures, saving research data, and predicting future paths. They can also be combined with other management systems to provide a complete picture of customers and markets through coordinated functions. However, security risks must be considered before implementation to protect against hacking and data theft.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    32 views2 pages

    Sotero 07activity MIS

    Uploaded by

    bernadette sotero
    The document discusses components that can improve a management information system: 1) An internal reports system that assembles internal data. 2) A marketing research system that examines external market trends. 3) A marketing intelligence system that examines constant market changes. 4) A marketing decision support system that evaluates data to aid decision making. These components can be implemented across industries by evaluating procedures, saving research data, and predicting future paths. They can also be combined with other management systems to provide a complete picture of customers and markets through coordinated functions. However, security risks must be considered before implementation to protect against hacking and data theft.

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    Sotero, Maria Bernaditte L.

    BSBA
    Reference: https://www.youtube.com/watch?v=0h0lO46ACfA
    1. How do the concepts/aspects/components from this particular topic improve upon a
    management information system?
    The components from this topic can improve the management information
    system. There are 4 components in this topic, Internal Reports System, Marketing
    Research System, Marketing Intelligence System, and Marketing Decision Support.
    Internal Reports System Assembles data and information from the internal records based
    on finances, sales and operations and also from customer and product databases.
    Marketing Research System Reads the market external based on competitor's pricing and
    promotion strategies, customer taste, market trends. Marketing Intelligence System
    examines the market and the constant changes occurring. And lastly Marketing Decision
    Support Evaluates the data instead of just acquiring it. So, management information may
    be improved due to its interactive software-based methods, which aid in making
    decisions. Using the acquired data, this may aid in issue solving and decision-making.

    2. Can the discussed concepts/aspects/components be implemented across all possible


    businesses and/or organizations? How?
    Yes, it can, and it has benefits that can be applied to any industry. Evaluation of
    independent procedures that broadens the company's perspective, development and
    growth save data that aids in research and strategy implementation. It also predicts an
    organization's future path and assists in avoiding a disaster; coordinates multiple
    operations to maintain seamless operation.

    3. Can these concepts/aspects/components be combined with other types of management


    information systems previously discussed? How?
    Yes, when these concepts are integrated with other types of management systems,
    the organization's ability to achieve its goals is considerably enhanced. This is because
    these management systems give managers with extremely useful information for
    decision-making and planning.
    A marketing system's numerous functions can be coordinated through a single
    management system. The internal report system, which is responsible for gathering data
    to identify customer characteristics and behavior patterns; the marketing research system,
    which is in charge of conducting research to aid in the design and development of a
    product or service; and, finally, the marketing decision support system, which includes
    statistical models and simulation techniques that help managers manage their businesses.
    These systems can collaborate to give you a complete picture of your consumers and/or
    marketplaces.
    4. Are there possible risks and/or limitations to consider before implementing these
    concepts/aspects/components? What are they?
    Yes, there may be concerns about the system's security and threats. We live in a
    digital age in which everyone has internet access and electronic communication gadgets
    are widely available. Some individuals can take advantage of it by spreading viruses or
    indulging in illicit activities such as hacking on various communication devices. Before
    implementing an e-communication system, the organization should prioritize protection
    or security.

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