Friday, 15 May 2015

INFORMATION FOR MANAGEMENT

INFORMATION FOR MANAGEMENT


Large number of jobs today for graduates is in creating information systems for managing organizations. Students should know what is information and how it is different from data, should know nature of organizations and their structure to design appropriate information system, should know management structure and needs of each level of management & should know functional areas of management and information needs for each area.

TYPES OF INFORMATION
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STRATEGIC:
Needed for long range planning and directions. This is less structured.
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TACTICAL:
Needed to take short range decisions to improve profitability and performance.
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OPERATIONAL:
Needed for day to day operations of the organization. Eg: Daily Sales, Billing.
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CONSTITUTIONAL
Needed by law to send to government authorities. Eg: Sales tax return.

MACHEULA MONICA



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