Management Information PPT Powerpoint Presentation

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Management Information PPT

by: Ritika Saxena

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Management Information Systems Why do business people require information? For decision making problem solving control

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Data, Information and Systems Data and Information Data A given fact; a number, a statement or a picture Represents something in the real world The raw materials in the production of information Information Data that have meaning within a context Data in relationships Data after manipulation

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Data, Information and Systems What Is a System? System: A set of components that work together to achieve a common goal Subsystem: One part of a system where the products of more than one system are combined to reach an ultimate goal Closed system: Stand-alone system that has no contact with other systems Open system: System that interfaces with other systems

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Data, Information and Systems Information and Managers Systems thinking Creates a framework for problem solving and decision making. Keeps managers focused on overall goals and operations of business.

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Stages of Data Processing Input: Data is collected and entered into computer. Data processing: Data is manipulated into information using mathematical, statistical, and other tools. Output: Information is displayed or presented. Storage: Data and information are maintained for later use.

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Ethical and Societal Issues Consumer Privacy Organizations collect (and sometimes sell) huge amounts of data on individuals. Employee Privacy IT supports remote monitoring of employees, violating privacy and creating stress.

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Ethical and Societal Issues Freedom of Speech IT increases opportunities for pornography, hate speech, intellectual property crime, an d other intrusions; prevention may abridge free speech. IT Professionalism No mandatory or enforced code of ethics for IT professionals--unlike other professions. Social Inequality Less than 20% of the world’s population have ever used a PC; less than 3% have Internet access.

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