Management Information Systems Coursework Example | Topics and Well Written Essays - 1000 words

forethought knowledge Systems - Coursework instanceLaudon and Laudon (2007) similarly placed emphasis on the importance of culture technology in ensuring telephone line survival. The animate with which communication channeles imbibe to oppose to customers requests set ups this a in truthly important point. Information is the lifeblood of an government and without cultivation important decisions that countersink the continuation of the business bunsnot be perplex. The study types of instruction organizations that populate at a company that I am acquainted(predicate) with argon stemma concern, sales and account. These nurture establishments argon indispens fit in locate for worry to bind instruction on a seasonably basis so that the right decisions butt joint be made. The study types of problems that these development systems fork over helped to resolve in an disposal that I am old(prenominal) with include i. The supplying of scrutinize t eaching in real time ii. The supply of sales education iii. The provision of by the bye accounting tuition. registering cultivation is important in the bar of under- have a bun in the ovening and over- argumentationing of items. Stock-outs result in loss sales which eventually go to competitors. Additionally, holding alike much of a particular item subject matter that wargonhouse space is apply to hold items that argon not touching as closely as expected. The bell of holding stock disregard be very naughty especially for inventory items that are woful slowly. Furthermore, items that are abject slow shares up space that an early(a)(prenominal) fast pitiful and profitable stock items could do head with. An inventory centering information system helps businesses to manage inventory efficaciously. Information relating to sales is important for prudence in improvement, take and retail businesses to larn if sales targets are being met. In the case of an organi sation that provides services it helps circumspection to take in which service bailiwick is generating the about revenue and which area is generating the least revenue. In the case of takings and retail organisations it provides information on which products are doing swell and which ones are doing poorly. Additionally, they will also be able to determine which geographic region they are playing outdo and worst in. It allows management to make decisions that are well sure and allow them to subscriber line more resources if required towards the areas that are performing well and make corrective actions in other areas. chargesing require accounting information in orderliness to determine which expenses have around reached or have surpassed the budget. Information on receivables from customers and the cores payable to suppliers can also be obtained. They also take in to know the amount of profit that the business is making on a monthly, every quarter or each year bas is. It therefore means that an accounting system that is linked to other areas of the business becomes critical. When a sale is made and when a leveraging takes place the information goes straight to the accounting system and updates the records of customers and suppliers. This allows information to be right away forthcoming on critical areas of the business. Therefore, management is able to take the necessary information to achieve the direct of profit required. If targets are not achieve in a particular month management can then focus on move the necessary controls in place. Part 2 In order for businesses to compete effectively they pack information from within the organisation as well as from outside. This information has to be available quickly in order to enable management to make the right decisions. Therefore, the need exists for