Tuesday, November 3, 2015

Executive Information Systems (Week 10)

     Executive Information Systems (EIS) is a tool used by executives to aid in decision making. (EIS) is branch of Decision Support System (DSS) which is a support system that is computer based which supports businesses in decision making activities.
      With EIS an executive has the support and the ability for making decisions because they can have easy access to internal and external data of a company. In addition they are of such importance because they help executives to monitor the performance of a company and also they can identify possible opportunities or maybe identify problems that a company is currently having. Knowing how a business is doing is very important and EIS helps to analyze and compare the operations.
     An EIS must be well designed and user friendly because not al users are computer experts therefore having a program that is simple is a must.
    
So why use EIS?
Efficiency and effectiveness od decision making can be achieved in the following ways:
: Increase managers' productivity by providing fast and easy access to relevant information.
: Help managers analyze different business scenarios and see the effect of certain decisions on the organization by converting information into formats such as charts and graphs.
: Identify trends and report exceptions
: Identify possible opportunities
: Identify possible problems




If interested in knowing more about EIS clink in the links below :
 http://www.computerbusinessresearch.com/Home/decision-making/executive-information-system
https://www.techopedia.com/definition/1016/executive-information-system-eis
https://en.wikipedia.org/wiki/Executive_information_system





References:

Bidgoli, H. (2015). Executive In formation Systems. In MIS Management Information Systems (5th ed., pp. 250-252). Cengagebrain Learning.

Executive information system. (n.d.). Retrieved November 3, 2015, from Computer Business Research website: http://www.computerbusinessresearch.com/Home/decision-making/executive-information-system

Executive information system. (n.d.). Retrieved November 3, 2015, from Wikipedia website: https://en.wikipedia.org/wiki/Executive_information_system

Executive Information System (EIS). (n.d.). Retrieved November 3, 2015, from techopedia website: https://www.techopedia.com/definition/1016/executive-information-system-eis














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