October 15 2015
October 15 2015 MGT 3180
Popular in Management of Information Systems
Popular in Business, management
This 2 page Class Notes was uploaded by jj on Sunday October 18, 2015. The Class Notes belongs to MGT 3180 at Clemson University taught by Dr. Raman in Spring 2015. Since its upload, it has received 20 views. For similar materials see Management of Information Systems in Business, management at Clemson University.
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Date Created: 10/18/15
101515 Lecture Slides 5 IT amp Business Decision Making Part2 Pg 4548 and 5355 0 Key types of Decision Making in Business Strateg Manageri Operation 2 Types of Data Structured and Unstructured Data Structured Numbers amp short phrases Easily organized into rows amp columns 20 data is structured Unstructured Videos audios interviews articles text messages tweets posts Not readily organized into a 2D structure 80 is unstructured data Strategic Managerial Operational Highly Unstructured Data Unstructured to Semistructured Data Structured Data Less frequently more frequently than strategic made frequently Highly important focus on medium term goals and in repetitive Long term have opportunities to make nature 101515 changes affect short term business strategies Operational employees develop control and maintain core business activities required to run the daytoday operations Reordering inventory and creating employee staf ng and weekly production schedules are examples of routine decision making Transaction Processing Systems TPS Managerial employees are continuously evaluating company operations to hone the rm39s abilities to identify adapt to and leverage change Decision Support Systems D55 and Management Information Systems MIS Strategic managers develop overall business strategies goals and objectives as part of the company39s strategic plan They also monitor strategic performance of the organization and its overall direction in the political economic and competitive business environment Executive Information System EIS Types of Transactional Processing Systems Point of Sale POS Systems Payro Transaction Processing System Hours worked Payro Transaction Processing gt PayroLLGhec ks39 Pay Rate Transaction Processing Systems ACID Properties Atomicity in a transaction involving two or more discrete pieces of information either all of the pieces are committed or none are Consistency a transaction either creates a new and valid state of data or if any failure occurs returns all data to its state before the transaction was started Isolation a transaction in process and not yet committed must remain isolated from any other transaction Durability committed data is saved by the system such that even in the event of a failure and system restart the data is available in its correct state
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