Mis structure based on management activity. Describe the MIS Structure Based on the Physical Components 2022-11-03
Mis structure based on management activity Rating:
4,3/10
290
reviews
Bath & Body Works is a well-known retailer of personal care and home fragrance products. Founded in 1990, the company has grown to over 1,700 stores in the United States and has a strong online presence as well. In this essay, we will conduct a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis of Bath & Body Works to better understand the company's current position in the market and its potential for growth.
Strengths:
Strong brand recognition: Bath & Body Works is a household name with a loyal customer base. The company's products are well-known for their high quality and appealing scents, which has helped to establish the brand as a leader in the personal care and home fragrance industry.
Wide range of products: Bath & Body Works offers a wide variety of personal care products, including body wash, lotion, and fragrance mist, as well as home fragrance products such as candles and room sprays. This diversity allows the company to appeal to a wide range of customers and meet a variety of needs.
Strong online presence: In addition to its physical stores, Bath & Body Works has a strong online presence, with a user-friendly website and active social media accounts. This allows the company to reach customers beyond its physical locations and make it easy for customers to shop online.
Weaknesses:
Dependence on mall traffic: A significant portion of Bath & Body Works' stores are located in malls, which have been struggling in recent years due to declining foot traffic. This reliance on mall traffic puts the company at risk of declining sales if mall traffic continues to decline.
Limited international presence: While Bath & Body Works has a strong presence in the United States, the company has limited international expansion compared to some of its competitors. This limits the company's potential for growth in the global market.
Opportunities:
Growing demand for natural and organic products: Consumers are increasingly seeking out natural and organic products, and Bath & Body Works has an opportunity to expand its offerings in these areas to meet this demand.
Partnerships and collaborations: Bath & Body Works could consider partnering with other brands or collaborating on limited-edition products to reach new customers and expand its product offerings.
Expansion into new markets: Bath & Body Works could consider expanding into new markets, either through physical stores or online sales, to increase its customer base and revenue.
Threats:
Competition: Bath & Body Works faces strong competition from other retailers in the personal care and home fragrance industries, both from established brands and smaller, niche companies.
Economic downturns: The personal care industry is generally considered to be recession-proof, but economic downturns could still impact Bath & Body Works' sales if consumers cut back on non-essential purchases.
Changes in consumer preferences: As with any company, Bath & Body Works is at risk of changes in consumer preferences and shifts in the market. The company will need to stay attuned to these changes and adapt its strategies accordingly.
In conclusion, Bath & Body Works is a strong company with a well-established brand and a wide range of products. However, the company's reliance on mall traffic and limited international expansion present potential weaknesses, and it will need to stay vigilant in the face of competition and shifts in consumer preferences. By capitalizing on opportunities such as expanding into natural and organic products and entering new markets, Bath & Body Works can continue to grow and succeed in the personal care and home fragrance industry.
Structure of MIS
And information manager is responsible for design, fulfillment and maintenance of information system Basic functions of management information system in furniture enterprises: In order to meet with the demand of furniture enterprise managers on information, the management information system needs to finish a large amount data or information processing work. Pyramid Diagram Operational management level The operational level is concerned with performing day to day business transactions of the organization. The manager and the planner of an information system have to take full account of the factors of category, volume, frequency and reliability requirement of information to be transferred. Information systems have the capacity to help an organization into such a position. Data collected from the report forms of furniture enterprises are also included. The reason why Management Information Systems are very important in the day to day operation of companies is because these systems work with people, organizations, technology and relationships among the people and organizations affecting the company. In this tutorial, you will learn the different Classification of Information.
Types of Information System: MIS, TPS, DSS, Pyramid Diagram
Personnel The personnel in the MIS function include computer operators, programmers, systems analysts and managers. The system can also be used to cancel or modify transactions done in the past if the need arises. Strategic planning is concerned with simplifying, automating ,integrating many of the activities needed to produce goods. The data is presented in easy to understand reports and graphs that make interpretation easy. The system software comprises of the operating system, utility programs and special purpose programs.
Management Information Systems (MIS) Assignment Help
As a result, you will not be able to get the best return on investment. This means that they have defined rules that guides them while making decisions. The software is broken down into two major categories namely system software and applications software. COMPONENTS OF MANAGEMENT INFORMATION SYSTEMS To effectively deliver the information needed to decision makers, Management Information Systems need to have the necessary components to collect, process, store and retrieve the information whenever it is needed. The cost calculation of this activity will include the cost of labor, electricity, and space required to run the machines. There are small database management systems that can comfortably work on personal computers and there are huge ones that will need larger and more complex machines like mainframe computers.
Describe the MIS Structure Based on the Physical Components
Data is stored in files. With time, you might need to change the personnel handling different tasks in the system or the reports that you will need the system to generate. Tall management structure is not considered by the organization if they can apply MIS systems because it enhances the motivation and innovation abilities of employees. Then, the value added by running the machines can be weighed against the cost of running the machines, and allow the company to identify whether the activity is profitable or problematic. These employees will not be happy about the changes and this can easily result in lawsuits or other problems with trade unions when large numbers of employees are retrenched.
Management Information Systems (MIS): Definition and How It Works
Scattered storage of information may reduce the amount of information transfer. These facilities increase the expenses to the organization. Physical Structure The actual organizational information system will defer from the above model because certain elements are not cost justified. When you want a report on sales and profit totals each year over the last five years, the raw data are in the database but the totals may not be. System software refers to the operating system i.
Physical Structure of Management Information System
Company wastes will also be reduced when the company goes paperless. Transactions include production order, assembly order, finished parts tickets, scrap tickets. Nothing should be missing. The information must be directly related to the problem that the intended recipient is facing. Close supervision can be obtained from the MIS through less paperwork. These devices include servers, tablets, laptops and desktop computers. In an actual operating management information system, the mechanisms playing functions are extremely different and the priority to be considered in design also differs with different systems.
Structure and Development of Management Information System in Furniture Enterprises
The conceptual structure includes some unique files for each subsystem plus a common database. In such an era, it is a must to get information tendency in the nick of time and construct a reasonable and effective management information system. Invest in reliable devices across your company Investing in enough devices improves the accessibility of the system. For example, operational managers required very detailed information, and this should be considered when presenting information to operational managers. Given the above analysis of both the merits and drawbacks of the Structured System Development Methodology, it is concluded that this method is suitable for development of large scale and complex management information system. So, the use of tall management structure is not effective in comparison to MIS that reduces the need of Tall management structure in the organization.
This information can be used to make future inventory orders i. MIS Assignment Help An information system and structure is quite important part to make a successful organization in the current competitive environment. With the improvement of cellphone networks to provide high speed mobile data access and the increase in popularity of Wi-Fi networks, managers have ready access to the Management Information System around the clock hence better decisions can be made faster. Tell us what you think about our post on. Therefore, based on the management function, the management information system in furniture enterprises is constituted by the following sub-systems. Transaction processing systems are used to record day to day business transactions of the organization.
It is also necessary to adhere to the principle of unified planning and implementation by step and to begin fundamentally with satisfying the need of business. Owing to the unique needs of each organization, Management Information Systems have to be customized for each company. It allows managers to identify anomalies in the costing process and investigate accordingly. The fact that the system is accessible by people from different parts of the organization makes it an effective reporting and communication tool. The conditions include comprehensive scale, degree of complexity and development instrument, etc. .
In order to ensure the effectiveness of system designed, management should continuously make reviews. The results of coordination and motivation reduce the operating cost of the company. Access to this information also helps ensure that problems are detected early and decisions are made quickly using the latest information. When evaluating a management information system, make sure the input data include the information you need and that they are transmitted securely to the servers. CONCLUSIONS In brief, it can be found from the above discussion on several frequently used management information system development methods in furniture enterprises, each method has its own limitations.
:max_bytes(150000):strip_icc()/Decision-support-system_final-2a1993d5201d4e42943dbf70d46114fa.png)
