In a fiercely competitive business environment, management information systems in businesses play an important role in helping the decision-making process be accurate and correct. So what is a management information system? What management information systems are there in the enterprise? Let's find out now with 1C Vietnam.
A management information system in an enterprise is an integrated system including people, processes, software and hardware, designed to collect, store, analyze and provide information necessary for business operations. management and decision making in the business environment.
Application of management information system is important not only for internal operations but also for external activities of the enterprise. Some of the benefits of this system include:
The management information system will act as a useful bridge to help connect departments within the organization. Thanks to this system, internal departments and divisions of the business will become more organized and effective. In particular, the information system has the ability to quickly provide information to many different units according to specific needs and purposes.
Applying management information systems in businesses helps managers quickly collect a lot of data and information from outside such as information about competitors, market fluctuations,... Then , they are analyzed, evaluated and stored for future operations of the business.
In addition, thanks to the establishment of a management information system in the enterprise, information related to the business can also be widely disseminated to the market and customers such as usage needs, prices, and policies. new by the state,...
A management information system in an enterprise is structured by four subsystems including internal recording system, intelligence system, research system and decision support system.
This system provides changing data in the business quickly using pre-installed software on the computer. This allows businesses to fully update the necessary information to serve the decision-making process.
The intelligence system is responsible for providing regular information related to developments in external factors such as the market, competitors, partners,...
This system collects information related to a specific problem facing the business. This requires appropriate research methods, model building, and quantification of the cost/benefit ratio of the information.
This system includes statistical methods and decision-making models to help managers make better and more accurate decisions.
Strategic information is information used for long-term orientations and policies of the enterprise, mainly serving senior managers when making future predictions. The data to process this type of information is often collected from outside the organization. These are special information provided in special circumstances.
Tactical information is information used for short-term orientations and policies of the enterprise, mainly serving middle-level managers. This type of information requires a greater level of detail than strategic information and is provided periodically to support decision making.
Operating information, also known as operational information, is information used for the daily production and business activities of the enterprise and mainly serves supervisors or employees who directly perform it. job. This type of information requires a high level of detail and needs to be provided regularly.
Thus, management information systems in businesses play an essential role in helping to collect, process, analyze and store data effectively and safely. Depending on the goals of the business, there are different management information systems. Businesses need to classify and apply to suit their situation. To learn more useful content about business management, don't forget to follow 1C Vietnam's website!