Module Identifier | RD26710 | ||||||||||||||
Module Title | MANAGING BUSINESS INFORMATION | ||||||||||||||
Academic Year | 2004/2005 | ||||||||||||||
Co-ordinator | Mr Penri James | ||||||||||||||
Semester | Semester 1 | ||||||||||||||
Course delivery | Lecture | 11 Hours 11 x 1 hour | |||||||||||||
Practical | 16 Hours 4 x 4 hour | ||||||||||||||
Assessment |
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Establish the scope and purpose of a Management Information System.
Performance criteria:
a. Distinction between data and information is established.
b. Information needs and flows in an organisation are identified.
c. Purpose of MIS is established.
Ranges:
Organisation:- Large, Medium, Small.
Information need:- Strategic, Tactical, Operational.
Function:- Marketing, Finance, Administration, Production, Technical, Personnel, Research, Design.
Context:- Past, Present, Future.
Outcome 2
Use Information Technology to store, retreive and report management information.
Performance criteria:
a. An appropriate medium to store information is selected.
b. Reliable information is retreived.
c. Management information is processed and reported.
Ranges:
Software:- Word Processor, Spreadsheet, Database.
Data Type:- Textual, Numerical, Spatial, Time.
Data Characteristics:- Accuracy, Relevance, Value
Presentation:- Tables, Charts, Reports.
Outcome 3
Review systems for monitoring and providing management information.
Performance criteria:
a. Components of an information system are reviewed.
b. Value of information is established.
c. Risk of data loss is assessed.
Ranges:
Organisation:- Large, Medium, Small.
Information Need:- Strategic, Tactical, Operational.
Function:- Marketing, Finance, Administration, Production, Technical, Personnel, Research, Design.
System:- Decision Support, Executive Information, Expert Systems.
Risk:- Data Volume, Hardware, Software, Security
Outcome 4
Evaluate information generated by a management information system.
Performance criteria:
a. Audience information need is established.
b. Appropriate statistical test is performed and interpreted.
c. Appropriate presentation format is evaluated.
Ranges:
Comparative Analysis:- Profit and Loss, Balance Sheet, Cash Flow, Gross Margin,.
Ratio Analysis:- Profit and Loss, Balance Sheet
Context:- Past Performance, Current Activity, Forecasting Performance.
Data:- Financial, Physical
Statistical:- Average, Frequency Analysis, Measures of Dispersion, Probability Distributions, Sampling Theory, Correlation.
Presentation:- Tables, Charts, Reports
This module is at CQFW Level 5