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Chapter: Principles of Management : Controlling

Role of MIS play at various levels of management

Electronic data processing systems: Transaction processing, record keeping, and traditional accounting applications

            Role of MIS play at various levels of management

 

Trends in Information Systems

 

Expanding roles of IS in business and management

 

The expanding participation of end users and managers in Information Systems

 

            Data Processing (1950-1960)

 

            Electronic data processing systems: Transaction processing, record keeping, and traditional accounting applications

            Management Reporting: 1960-1970s

 

            Management information system: Management reports of pre-specified information to support decision making

            Decision support: 1970s 1980s

 

            Decision support systems: Interactive ad hoc support of the managerial decision making

            Strategic and End User support: 1980s-1990s

 

            End user computing systems: Direct computing support for end user productivity and work group collaboration

            Executive information systems: Critical information for top management

 

            Expert systems: Knowledge based expert advice for end users

 

            Strategic information system: Strategic products and services for competitive advantage

            Electronic Business and Commerce 1990s-2000s

 

            Internetworked E-business and E-commerce systems:

 

Internetworked enterprise and global E-business operations and electronic commerce on the internet, intranets, extranets, and other networks.

 


            Reducing the cost

            Greater precision of data

            Co-ordination through unifying the concepts of each sub-system

 

            More rapid access by managers to the information that they need quickly



Stages of Globalisation

 

A firm passes through different stages of development before it becomes a truly global corporation.

 

Typically, a domestic firm starts its international business by exporting. Later it may establish joint ventures or subsidiaries abroad. From an international firm it may then develop into a multinational firm and finally into a global one.

 

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