Management Information Systems

Task 1

Management Information System (MIS ) is a collection of varied system or process that generates information needed to run the business effectively and efficiently . All the information generated by the MIS is vital to the success of the company . MIS should include in itself the guidelines and protocols the organization will use . This can serve the management as a guide in achieving its goals and objectives (http /www .occ .treas .gov /handbook /mis .pdf , 1995

Based on the areas provided in the case study , I choose the following applications in each

of the category given

Store Operations - Inventory Turnover

Inventory Turnover is the most important application among the other applications given because inventory already includes the number of stocks available after a given period , how many are sold and how many are left . Thus , it can already be identified the in a given period . It is also in this application that the most saleable items can be easily identified . If this is the case , the management can now sell more items which are patronized mostly by customers . This is responsibility should be assigned to the personnel in the Inventory and Sales Department of the organization

Category Management - Market Comparison

Performing a market comparison every given period of time is important so that the organization can determine its position in the local and global market - position in terms of its sales performance as compared to their direct competitors . This should be given importance for the management to be aware of their business status and for them to always look for ways on how to make its services and /or products even better and on how to meet their customers ' needs . The result of this should threaten the management rather it should serve as a challenge to them to do their job well and give the best output . The Marketing Department in the organization should be responsible for doing this market comparison

Merchandise Management - Hot item ' Report

Generating reports of the most saleable items is very important by the management . The result of this can be forwarded to the Inventory and Sales Department which they can use in analyzing the sales the company gets in a given period of time

How might the development of IT affect the use of MIS to improve market share of the company in the future

Information and Communications Technology (ICT ) plays a big role in the development and improvement of any organization . There are so many technologies that can be applied to help the company grow . If this technology will be applied to the MIS Department of the organization surely the management can expect so many positive feedbacks from clients and customers and perhaps even from suppliers . It is an undeniable fact that IT offers so many services . To name a few - the widely spread use of the Internet which makes communication a lot easier , the development of different Information System that makes transactions faster , the application of a wire and wireless network that makes...