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Advantages and Disadvantages of EIS Advantages of EIS Easy for upper-level executives to use, extensive computer experience is not required in operations Provides timely delivery of company summary information Information that is provided is better understood Filters data for management Improves to tracking information Offers efficiency to decision makers Disadvantages of EIS System dependent Limited functionality, by design Information overload for some managers Benefits hard to quantify High implementation costs System may become slow, large, and hard to manage Need good internal processes for data management May lead to less reliable and less secure data
Applications of EIS EIS enables executives to find those data according to user-defined criteria and promote information-based insight and understanding. Unlike a traditional management information system presentation, EIS can distinguish between vital and seldom-used data, and track different key critical activities for executives, both which are helpful in evaluating if the company is meeting its corporate objectives. After realizing its advantages, people have applied EIS in many areas, especially, in manufacturing, marketing, and finance areas. Manufacturing Basically, manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. It is a large branch of industry and of secondary production. Manufacturing operational control focuses on day-to-day operations, and the central idea of this process is effectiveness and efficiency. To produce meaningful managerial and operational
Components of EIS The components of an EIS can typically be classified as: Hardware When talking about hardware for an EIS environment, we should focus on the hardware that meet the executive’s needs. The executive must be put first and the executive’s needs must be defined before the hardware can be selected. The basic computer hardware needed for a typical EIS includes four components: Input data-entry devices. These devices allow the executive to enter, verify, and update data immediately; The central processing unit ( CPU ), which is the kernel because it controls the other computer system components; Data storage files. The executive can use this part to save useful business information, and this part also help the executive to search historical business information easily; Output devices, which provide a visual or permanent record for the executive to save or read. This device refers to the visual output device or printer. In addition, with the advent of local area network

Executive Information System

EIS An Executive Information System (EIS) is a type of management information system intended to facilitate and support the information and decision-making needs of senior executives by providing easy access to both internal and external information relevant to meeting the strategic goals of the organization . It is commonly considered as a specialized form of a Decision Support System (DSS) The emphasis of EIS is on graphical displays and easy-to-use user interfaces . They offer strong reporting and drill-down capabilities. In general, EIS are enterprise-wide DSS that help top-level executives analyze, compare, and highlight trends in important variables so that they can monitor performance and identify opportunities and problems. EIS and data warehousing technologies are converging in the marketplace. In recent years, the term EIS has lost popularity in favour of Business Intelligence (with the sub areas of reporting, analytics, and digital dashboards ).

MIS capabilities

MIS in Agriculture The Indian Council for Agricultural Research, in referring to its Agricultural Research Information System, stated that agricultural scientists can carry out research more effectively by having systematic access to research information available in India as well as in other countries, better project management of agricultural research, and modernization of the office tools. Information is the blood of an organisation, country or region and its management is vital for effectiveness, efficiency and economic and social stability. In many organizations, countries and regions, there have been increasing calls for the development of integrated, national (geo-) information infrastructure for management, resource planning and decision-making. ACP scientists who work in the various disciplines generating scientific data on climate, water, soils, land etc need to pay more attention to integrating the data sets to improve decision making at the policy and enterprise level

Integrated Financial Management Information Systems

Integrated Financial Management Information Systems Integrated financial management information systems (IFMIS) are computer-based systems that automate and store key financial information in large organizations like governments, multinational corporations and large nonprofit institutions. The goal of these systems is to increase access to information while decreasing long-term costs.The initial investment of time and money to implement IFMIS is high, but the improved financial transparency and information access usually offsets its initial expense. Features The primary features that distinguish an integrated financial management information system from other computer systems are the reduction in duplicate data entry; implementation of internal controls for transactions, reporting and information entry; and the standardization of data classifications for financial events. IFMIS can integrate accounting-related information, or larger organizational data management systems. Functions

MALICIOUS SOFTWARES

Malicious Software: Viru ses, Worms, Trojan Horses, and Spyware Have you ever picked up a cold or the flu from another human? Probably. You then spread it to two or three other people through touch or association. Those people spread it to two or three more people each. Pretty soon it seems that everyone on campus or at work is sick. That is how computer viruses are spread. You copy a file from an infected source, use the file, and maybe send it to friends or associates. The virus is now on your computer and spreads to files other than the original. You then send the same or even a different file to a few friends and their computers are infected. A different type of malware called worms can also destroy data on computers or clog network systems with software-generated electronic transmissions. Worms are similar to viruses in that they c an create additional file copies on a computer and generate emails to other computers with the infected file attached. Worms differ from viruses be