what i have learned in MIS

what i have learned in MIS?

- I learned more idea and strategy how to solve a problem in the company business getting down and how all the customers will always stay in your company business.

assignment 4

· Effectiveness- Degree in which objectives are achieved and the extent to which target problems are resolved.

· Efficiency- A general term capturing the amount of waste or other undesirable features. How efficient is the trading going on the financial market.

· Pro ducting- Is a measure of output from a production process per unit of input.

Ex. Labor productivity is typically measure as a ration of output per labor hour an input,

assignment 3

1. Explain why strategy or strategic moves are important in business?
-Strategic Planning is an organizations process of defining its strategy, or direction and making decision in allocating its resources to pursue this strategy, including its capital and people.
It is also true that strategic planning may be a tool for effectively plotting the direction of a company.

2. Illustrate how information system can give business a competitive advantages?
-Information system provides Internal control in business and other organization
Business computer were used for the practical business of computing the payroll and keeping track of account payable and account receivable.

3. Identify the basic initiative for gaining a competitive advantages?
-Various business analysis techniques can be used in strategic planning, including SWOT ANALYSIS (strength, weaknesses, opportunities and threats) and REST ANALYSIS (political, economical social and technology analysis) or STEER ANALYSIS (socio-cultural, technological, economic,ecological and regulatory factors) and Epistle ( environment, political, informatics, social, technology, economic and legal