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DATA
The term data means groups of information that represent the qualitative or
quantitative attributes of a variable or set of variables. Data (plural of "datum",
which is seldom used) are typically the results of measurements and can be the
basis of graphs, images, or observations of a set of variables. Data are often viewed
as the lowest level of abstraction from which information and knowledge are
derived. In discussions of problems in geometry, mathematics, engineering, and so
on, the terms givens and data are used interchangeably. Also, data is a
representation of a fact, figure, and idea. Such usage is the origin of data as a
concept in computer science: data are numbers, words, images, etc., accepted as
they stand. Data is now often treated as a singular mass noun in informal usage,
but usage in scientific publications shows a divide between the United
States and United Kingdom. In the United States the word data is sometimes used
in the singular, though scientists and science writers more often maintain the
traditional plural usage. Some major newspapers such as the New York Times use it
alternately in the singular or plural. In the New York Times the phrases "the survey
data are still being analyzed" and "the first year for which data is available" have
appeared on the same day. In scientific writing data is often treated as a plural, as
in These data do not support the conclusions, but many people now think of data as
a singular mass entity like information and use the singular in general usage.
British usage now widely accepts treating data as singular in standard English,
including everyday newspaper usage at least in non-scientific use. UK scientific
publishing still prefers treating it as a plural. Some UK university style guides
recommend using data for both singular and plural use and some recommend
treating it only as a singular in connection with computers.
computer (possibly through a data cable). Raw data is a relative term; data
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processing commonly occurs by stages, and the "processed data" from one stage
may be considered the "raw data" of the next.
Information
The English word was apparently derived from the Latin accusative form
(informationem) of the nominative (informatio): this noun is in its turn derived
from the verb "informare" (to inform) in the sense of "to give form to the mind",
"to discipline", "instruct", "teach": "Men so wise should go and inform their
kings." (1330) Inform itself comes (via French) from the Latin verb informare, to
give form to, to form an idea of. Furthermore, Latin itself already contained the
word informatio meaning concept or idea, but the extent to which this may have
influenced the development of the word information in English is unclear.
Information is the state of a system of interest. Message is the information
materialized.
Even though information and data are often used interchangeably, they are actually
very different. Data is a set of unrelated information, and as such is of no use until
it is properly evaluated. Upon evaluation, once there is some significant relation
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between data, and they show some relevance, then they are converted into
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information. Now this same data can be used for different purposes. Thus, till the
data convey some information, they are not useful and therefore not information.
the need for additional information collection, processing and distribution. It now
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Before we come to our purpose to speak about MIS, we should give a general
outline what a company's or how we can describe a company. Other- wise we
would have problems to understand MIS, which is part of company.
Hence, large business organization, whether it has developed from a one man show
or otherwise, has to perform a lot of functions to achieve the objectives/ goals set
and in the process deploys lot of resources viz., men, material, machine money etc.
this topic more manageable, boundaries will be defined. First, because of the vast
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Another important concept from Davis and Olsen is the value if information.
They note that in general, the value of information is the value of the
change in decision behavior caused by the information, less the cost of the
information. This statement implies that information is normally not a free
good. Furthermore, if it does not change decisions to the better, it may have
no value. Many assume that investing in a better management information
system is a sound economic decision. Since it is possible that the better
system may not change decisions or the cost of implementing the better
system is high to the actual realized benefits, it could be a bad investment.
Also, since before the investment is made, it is hard to predict the benefits
and costs of the better system, the investment should be viewed as one with
risk associated with it.
MIS in an INSTITUTION
An institution's MIS should be designed to achieve the following goals:
Enhance communication among employees.
Deliver complex material throughout the institution.
Provide an objective system for recording and aggregating information.
Reduce expenses related to labor-intensive manual activities.
Support the organization's strategic goals and direction.
Because MIS supplies decision makers with facts, it supports and enhances
the overall decision making process. MIS also enhances job performance
throughout an institution. At the most senior levels, it provides the data and
information to help the board and management make strategic decisions. At
other levels, MIS provides the means through which the institution's activities
are monitored and information is distributed to management, employees, and
customers.
Effective MIS should ensure the appropriate presentation formats and time
frames required by operations and senior management are met. MIS can be
maintained and developed by either manual or automated systems or a
combination of both. It should always be sufficient to meet an institution's
unique business goals and objectives. The effective deliveries of an
institution's products and services are supported by the MIS. These systems
should be accessible and useable at all appropriate levels of the organization.
Controls are developed to support the proper management of risk through the
institution's policies or practices, operational processes, and the assignment
of duties and responsibilities to staff and managers.
The advances that have taken place in calculating equipment and methods
make it possible to determine the relationship between ultimate yields, time
of harvest and climatic conditions during the growing season. Relationship
between the perspective and actual yields and changing prices can be
established. With such information at hand the farmer should be in a position
to make a decision on his prediction with a high degree of certainty at mid-
season regarding his yield and income at harvest time.
This statement, made in 1963, reflects the optimism that prevailed with
respect to information systems. Even though there was much enthusiasm
related to these early systems they basically concentrated on accounting
activities and production records. Examples include the TelFarm electronic
accounting system at Michigan State University and DHIA for dairy
operations. These early systems relieved on large mainframe computers with
the data being sent to a central processing center and the reports send back to
the cooperating businesses. To put these early efforts into a management
information system framework, the one proposed by Alder is useful. (See
Figure ). They would be defined as data oriented systems with limited data
analysis capabilities beyond calculating typical ratios (e.g., return on assets,
milk per cow, etc.).
By the mid 1960s it became clear that the accounting systems were fairly
effective in supplying descriptive and diagnostic information but they lacked
the capacity to provide predictive and prescriptive information. Thus, a new
approach was needed a method of doing forward planning or a management
information system that was more models oriented. Simulation models for
improving management skills and testing system interaction were developed.
As an example, Kuhlmann, Giessen University, developed a very robust and
comprehensive whole farm simulation model (SIMPLAN) that executed on a
mainframe computer. This model was based on systems modeling methods
that could be used to analyze different production strategies of the farm
business. To be used by managers, however, they often demanded that the
model developer work closely with them in using the model.
It was also clear from these early efforts that the data oriented systems where
not closely linked to the model oriented systems. Information for the data
oriented systems often did not match the data needed for the model oriented
systems. For example, a cash-flow projection model was not able to directly
use financial data contained in the accounting system. In most cases, the data
had to be manually extracted from the accounting system and re-entered into
the planning model. This was both a time consuming and error prone process.
The international conferences that followed had varying themes. One of the
major themes was precision agriculture with several conferences held. These
conferences extolled the use of geographic information systems (GIS) in
conjunction with geographic positioning systems (GPS) to record and display
data regarding cropping operations (e.g., yields obtained) and to control
production inputs (e.g., fertilizer levels). Other conference addressed the use
of information systems to more tightly control agriculture production such as
those developed for greenhouse businesses.
Specific product and project planning and control functions and tools are
identified in this paper, and the types and sources of incompatibilities are
discussed.
Suggested methods of minimizing the problems are briefly presented.
The underlying thesis of this discussion is that a better understanding of
the differences and interfaces between project and organizational MIS
will help to resolve current problems and avoid future difficulties in the
implementation of information systems to serve operating project
managers.
MIS IN GENERAL
In this discussion, I refer to management information systems (MIS) as
identifiable sets of policies, models, procedures and files of information
which operate to record, manipulate, store, retrieve, process and display
information useful in managing some aspect of an organized enterprise. Such
systems may depend only on rather simple mechanical devices operated
directly by human hands, such as pencils, pens, ledgers, charts, and so on; or
they may also depend on more complex devices and machines, such as slide
rules, calculators and electronic data processing systems. They all seem to
depend on paper to a great extent!
Perhaps Moses had the first MIS when he came down the mountain with the
Ten Commandments chiseled into stone tablets. At least today's reports carry
more information per pound, but they are certainly no lighter to carry than the
stone tablets of Moses' day.
This class includes systems for financial planning, budgeting, cash handling,
accounts and financial analysis.
Tasks of Management
Decision Making
Decision making is basic to all management activities and can be defined as
the process of selecting a best alternative from among several alternatives,
which may be either quantitative or qualitative) for achieving the objectives.
Increase in number of alternatives makes decisions more and more complex
and this decision complexity decides the time of decision making. The
decision complexity may be because of:
i) Variety ii)
Uncertainty iii)
Time Horizon,
and iv)
Implications.