Management Infomation Systems Research Paper Example | Topics and Well Written Essays - 1500 words

Management Infomation Systems - Research Paper Example For instance, it provides crucial information at the senior management level to assist them make strategic decisions. At the other levels, it observes the organization’s operations and distributes information to all the employees and customers of an organization. Management Information System is vital in the decision making process of an organization (Shajahan & Priyadharshini, 2004). Management Information System is an organized information system that collects, analysis, distributes and stores data associated with all the departments in an organization (Lucey, 2005). Businesses and organizations use MIS in all levels of their operation to store, collect and process data. Thus, different businesses and organizations use different management information systems in their operations. This paper will use a case study of Axis Bank and Walmart. The different levels of management of Axis Bank and Walmart use management information systems in monitoring and controlling the operations of the organizations. The systems should always be supportive of the organizations long term strategic goals and objectives as well as to the everyday operation requirements (Lucey, 2005). Both Axis Bank and Walmart use the everyday financial accounting systems to ensure the maintenance of basic control over the financial record keeping activities. Financial accounting systems are a type of organizational management information system. They are a crucial part or functional element of the management information system structure. Both Axis Bank and Walmart use financial accounting systems. These systems are mostly focused on internal balancing of organization’s books to the general ledger and other subsystems of financial accounting. Predictive information system is a category of management information system. It provides data and information along with the predictions and the inferences. It helps the management to know what could happen if a

Feasibility of hotel to implement changes in strategy Speech or Presentation

Feasibility of hotel to implement changes in strategy - Speech or Presentation Example A British scientist Charles Darwin wrote that survival does not belong to the strongest, but rather those that adapt more easily to change. For change in strategy to be implemented a feasibility study has to be taken. Change in strategy at hotel Penang Mutiara is visible due to these factors; The flexibility of the management is possible because this can be attested to the fact that the hotel can cope up with unexpected requests by customers this is evident from the fact that a hotel can have someone look for camembert cheese when asked by a guest since they don’t have it.This assures the guests of dependable services and satisfaction. (Gregory, G.,Lumpkin,G.&Marilyn,L04).The strategy of the hotel to cope with influx of guests is feasible because the hotel has already moved to a system of having multi-skilled works to cope up with the needs the hotel has proved this also by having them call stuff from other hotels and restaurants to the do the job.This is the flexibility that is needed for the management to work effectively and efficiently. This proves that the hotel can have a better system which is more effective by having a on and off system of hiring labour and retraining the current workers to be multi-skilled or rehiring multi-skilled workers.Changes to make sure Quality of services are there is necessary to be in place; in the case for this hotel the guest can lose their luggage on transit to the hotel.