Having apt knowledge about various information systems works wonders for MBA students. It helps build their managerial expertise and underlines technology’s critical role and importance in today’s business venture.
(DSS) – Decision Support Systems
Experts who provide on-demand assignment answers to MBA students explain DSS- Decision Support Systems as some natural progression from both info reporting and transaction processing systems.
They decipher DSS- Decision Support Systems as highly interactive computer systems that utilize decision-making models and tailored databases to make decision-making easier for top-tier managerial users.
If you see yourself occupying some high-end managerial position soon, DSS is one information system you must know!
(EIS) – Executive Information Systems
Most top-rated EIS – Executive Information Systems are customized per the strategic information required of top-most business management heads. These management executives can procure the information as per their needs from several sources like – memos, periodicals, letters and reports crafted manually or via some computer device.
Besides these, top executives rely on other sources such as telephone calls, meetings and social interactions.
Most top executive information comes from non-computer mediums. Therefore, knowing about executive information systems is a plus point for most MPA aspirants wanting to make a stable career in the industry.
(KMS) – Knowledge Management Systems
Workers/users of KMS – Knowledge Management Systems tend to create, accumulate, organize and share critical business knowledge whenever and wherever it is required.
Take, for instance: KMS are dependent on the Internet and Intranet sites, interaction forums, and knowledge bases for collecting, preserving and disseminating business knowledge.
By following this process, KMS facilitates learning about the organization and creating and disseminating knowledge inside the enterprise.
For MBA students, KMS does have its utility. And it is why aspiring MBA candidates should be well-versed and competent in handling KMS.
(BIS) – Business Information System
Whether an aspiring MBA student or a future managerial end user, you must understand that information systems support administrative operations in the business. They support essential functions of finance, human resource management, accounting, operations management, marketing and more.
In short, BIS – (Business Information System) is essential for the smooth operations of all business functions.
Take, for example –
- Finance managers will require information and real-time data concerning financing expenses and investment returns via financial information systems.
- Plus, marketing managers will require relevant, accurate facts, figures, and data regarding the latest trends and sales performances through marketing information systems.
So, you see that the importance of BIS- business information systems are irrefutable for MBA aspirants and why they should have in-depth knowledge about it.
(IIS) – Integrated Information Systems
Information systems used in the real world integrated combinations of various other information systems. All classifications of conceptual information systems are designed to highlight the multiple roles of information systems. As a result, they are integrated into cross-functional or composite information systems capable of providing a wide range of functions.
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For that, most high-end information systems are engineered to churn out information and back decision-making for different tiers of business and managerial functions. In addition, they can also keep track of records along with transaction processing systems.
With so many clear advantages of IIS, MBA apprentices must acquire sound knowledge and understanding of such integrated information systems.
It will benefit them and help streamline their work process in many ways!
To learn about each of these MBA candidates can enrol for information system MBA business courses with specialized tech classes in all these information systems.
Doing so will make them more prepared and confident when they enter the MBA venture and carry out their day-to-day responsibilities.