Finals' Question #5

Asialink Finance Corporation is one of the company that adopts MIS or Management Information System. MIS play a vital role of the company, the nature of the company is lending and through the years they have many branches all over the Philippines. Also Asialink Finance Corporation is a group of companies and they have different database intended for different type of transaction.

All of their transactions in AFC needs an MIS from the acceptance up to the releasing of loans, undergo different databases to ensure that the borrower has no negative record and make sure that they are capable of paying their borrowed amount. In communicating to their co-employee or their head officers they just use chatting, or mailing. Or in transfering of data to their head office they just send it through send file in YM or mailing.



May Joy Lora
Mgt 7 (1915-2015)

Knowledge-based system

1. Knowledge-based system focuses on systems that use knowledge-based techniques to support human decision-making, learning and action it is a computer system that is programmed to imitate human problem-solving by means of artificial intelligence and reference to a database of knowledge on a particular subject. Also it based on the methods and techniques of artificial intelligence and their core components are the knowledge base and the inference mechanisms.

2. Knowledge-based system is the system that are capable of cooperating with human users and so the quality of support given and the manner of its presentation are important issues. In knowledge-based system the computer program uses an encoding of human knowledge to help solve problems. KBS are computer systems, contain stored knowledge, solve problems like humans would. And also KBS are AI programs with program structure of new type
knowledge-base (rules, facts, meta-knowledge), inference engine (reasoning and search strategy for solution, other services). While in Management Information System it is a planned system of collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management or in other words the MIS collects or encode data, analyze and convert it in information to be used by the top management in decision making or information management methods tied to the automation or support of human decision making.

3. Knowledge-based system enabled programs to tackle problems that were otherwise difficult to solve by the usual techniques of computer science. It imitate human problem solving by means of artificial intelligence and reference to a database of knowledge on a particular subject or it uses data, facts, and reasons about them in order to do something. Also Knowledge-based system improve the company's competitive advantage and organizational performance because it solve problems like humans would and it has inference engine or reasoning and search strategy for solution and it has intelligent information processing systems.

http://en.wikipedia.org/wiki/Virtual_office

May Joy Lora

Mgt 7 (1915-2015)

The Virtual Office

1. Virtual office is a term for shared office services, which normally includes business address, mail and courier services, phone services, fax services, answering services, web-hosting address, and meeting and conference facilities.Virtual office is also a common term for an environment that enables a network of co-workers to run a business efficiently by using nothing other than online communication technologies.


2. Virtual office has a provider it is a centralized office although the employees work at home or without physical contact with other employees it enables a network of co-workers to runs a business efficiently by using nothing other than online communication technologies. While in MIS Management Information System differs in different company or every company has their own MIS they are used to analyze other information systems applied in operational activities in the organization. MIS is a planned system of collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. And the result is used in decision making of the top management.


3. Virtual offices are typically corporations and corporations typically are not defined with respect to geographic locality of employees. Virtual offices are a matter of degree since even in conventional offices, many business relationships are necessarily maintained across distributed environments, for instance, customers and suppliers are located at different sites, project co-workers are often located in different divisions, and other than online communication technologies . In both traditional and virtual office's the organization mission remains the same, but some business procedures change in the latter to accommodate collaboration at a distance. That is how Virtual Office improve company's competitive advantage and organizational performance.



http://en.wikipedia.org/wiki/Virtual_office

http://www.objs.com/survey/vo.htm

May Joy Lora
Mgt 7 (1915-2015)

Blog Question # 2

1. Decision Support Systems (DSS) are a specific class of computerized information system that supports business and organizational decision-making activities.

2. DSS or Decision Support Systems is a software-based system intended to help decision makers compile useful information from raw data, documents, personal knowledge, and/or business models to identify and solve problems and make decisions. While in MIS or Management Information System, it is an overall internal controls of a business like the application of people, documents, technology and procedures in solving business problems or to support of human decision making of the top managers, e.g. the decision support systems

3. DDS can improve the company's competitive advantage and organizational performance by solving specific problems, gathering information like inventory of all of the current information assets, gathering the comparative sales figures between one week and the next, projected revenues figured based on new product sales assumptions and the consequences of different decision alternatives, give past experience, and all of the information can be extensively used in business management like allocation of business resources that help company increase its sales.

Reference:

http://en.wikipedia.org/wiki/Decision_support_system

May Joy Lora

MGT 7

1815-1915

Johnson & Johnson

Johnson & Johnson is a global America pharmaceutical, medical devices and consumer packaged good manufacturer. The MIS strategic plan of Johnson & Johnson is to make a vision, mission and goals also an objective on how to assess their consumer, to make a competitive advantage of the competitors and to assess the internal capacity of the organization and measuring and revising the plan as needed.

This strategic plan can be applied in the Phillipines they just assess the external environment, assess internal capacity and organization, developing a vision and a mission for the future, developing goals and objections - the actions - for reaching that future, implementing their plan and measuring progress and revising the plan, as needed

If they go in this strategic plan and implement it, this will be a great achievement of the company or its succes because it has a good impact for their customers - building good relationship and trust, their competitor - having a competitive advantage, and their company itself - maximizing resources and minimizing the cost, etc. that can be helpful to the company.

Reference:

Jhonson & Jhonson

www.jnj.com

May Joy Lora

Mgt. 7 (1915-2015)

Blog Question # 3

The loan of the borrower in Asialink Finance Corporation undergo several databases. The the receiving area or the marketing they have a database where they encode all the data of the borrower. From there, they passed it to the Account Officer (AO) for the FFCC and making of CAM that also have a database system. Then, to the Credit Review Department (CRD) until it goes to the releasing releasing that has also a database system. So in the processing all the department has its own DATABASE system.

Also some of the computer database system in Asialink Finance Corporation is the LMS or Loan Management System which store the profile of the loan consultants or Agent of their company like the name, complete address, phone number, the loan consultant who recruit them. The Forbes Financial Consultancy Corporation (FFCC) monitors or provide the positive or negative records of the borrower. In FFCC, it is the database that gives information about the borrower, either it gives negative or positive feedback like if the borrower has a case. Also if the borrower has bounching check, failure to pay bills and other cases that is money related.



May Joy Lora
18:15 - 1915

Research 1 company and describe how they protect their company from internet risks.

All company's wants to protect their own company from internet risk like hacking because if their company will not protected it can damage their business or it can give risk to their business.

In ASIALINK FINANCE CORPORATION they have their own security measures. Because AFC conduct transaction online they have their own security measures or firewall that only their company knows. Also they have their own connection that is not open in the public, only their company or their branches knows. Also all employee has its own password upon entering or upon accessing that website because it is condusive of the AFC employee. Also they can have only their username and password to their work related only because every department have different site so employee assigned in treasury has no access to the site of the marketing dept.

The possible risk or danger is the internet hacking, the hacking of their password of their security system. If their system is hacked their is a big possiblity that their competitor use it against their company.

May Joy Lora
1815-1915

Research 1 company that makes use of E-commerce. Describe the nature of this company in 1-2 paragraphs.

Asialink Finance Corporation is one of the company that makes use of e-commerce.

"Money is easy it's all about character"

Asialink Finance Corporation is a corporation that granted different kinds of loans. The OFW/Beneficiary loans, immigrant , SEAMAN/Allottee loans, Car loans, Real estate, Tricycle loans, business loans and educational loans. Asialink Finance Corporation or AFC has different branches all around the Philippines. They process loans in their branch but the approval of the loans is from their head office that is located in Manila.

Asialink Finance Corporation (AFC) use e - commerce to achieve strategic advantage by means of easily transmitting documents and other concern transaction to other branches and for processing and approval to its head office. Also the immigrant can apply loans online just filing up the forms from their website.

The benefits of e - commerce for the AFC and its clients is, it can make their loan processing easily within their limit time and being globally competitive. And for those who apply loan online they can easily apply even if they are outside the Philippines.



May Joy Lora
1715-1815

Blog Question # 6

Sony Corporation is a multinational conglomerate corporation headquartered in Tokyo, Japan, and one of the world's largest media conglomerates with revenue of US$88.7 billion (as of 2008) based in Minato, Tokyo.

Sony is one of the leading manufacturers of electronics, video, communications, video game consoles and information technology products for the consumer and professional markets. Its name is derived from Sonus, the Greek goddess of sound.Sony Corporation is the electronics business unit and the parent company of the Sony Group, which is engaged in business through its five operating segments—electronics, games, entertainment (motion pictures and music), financial services and other. These make Sony one of the most comprehensive entertainment companies in the world. Sony's principal business operations include Sony Corporation (Sony Electronics in the U.S.), Sony Pictures Entertainment, Sony Computer Entertainment, Sony BMG Music Entertainment, Sony Ericsson and Sony Financial Holdings. As a semiconductor maker, Sony is among the Worldwide Top 20 Semiconductor Sales Leaders. The company's slogan is Sony.In July 2000, a marketing executive working for Sony Corporation created a fictitious film critic, David Manning, who gave consistently good reviews for releases from Sony subsidiary Columbia Pictures, which generally received poor reviews amongst real critics.In November 2006, a marketing company employed by Sony created a website entitled "All I want for Xmas is a PSP", designed to promote the PSP through viral marketing. The site contained a blog, which was purportedly written by "Charlie", a teenager attempting to get his friend "Jeremy"'s parents to buy him a PSP, providing links to t-shirt iron-ons, Christmas cards, and a "music video" of either Charlie or Jeremy "rapping". However, visitors to the website soon discovered that the website was registered to a marketing company, exposing the site on sites such as YouTube and digg, and Sony was forced to admit the site's true origin in a post on the blog, stating that they would from then on "stick to making cool products" and that they would use the website for "the facts on the PSP". The site has since been taken down. In an interview with next-gen.biz, Sony admitted that the idea was "poorly executed"Sony's policies address their effects on global warming, the environment, and resources. They are taking steps to reduce the amount of greenhouse gases that they put out as well as regulating the products they get from their suppliers in a process that they call "green procurement" [56]. Sony has said that they have signed on to have about 75 percent of their Sony Building running on geothermal power. The "Sony Take Back Recycling Program" allows consumers to recycle the electronics products that they buy from Sony by taking them to eCycle (Recycling) drop-off points around the U.S. The company has also developed a biobattery that runs on sugars and carbohydrates that works similarly to the way living creatures work. This is the most powerful small biobattery to dateIn 2000, Sony was ridiculed for a document entitled "NGO Strategy" that was leaked to the press. This document involved the company's surveillance of environmental activists in an attempt to plan how to counter their movements. This document specifically mentioned environmental groups that were trying to pass laws that held electronics-producing companies responsible for the clean up of the toxic chemicals contained in their merchandise [61]. In early July of 2007, Sony ranked 14th on the Greenpeace chart "Guide to Greener Electronics." This chart graded major electronics companies on their environmental work. Sony fell from its earlier 11th place ranking due to Greenpeace's claims that Sony had double standards in their waste policies

As a future manager, What is your computer ethics program? Justify each activity.

My Computer Ethics Program

1. Use computer in legal action

Computers provide us with new capabilities and these in turn give us new choice of action but the computer user must open only the information needed for their field of work and not using the information The user of the computer must open only their access in their field of work and they should not open the access of information not intended for them.


2. The uses of the company's computer is only for the company's transaction or work

It is not new to us that computer has many uses and one of it is a games. And using computer in having games can destruct the work of an employees.

3. Use company's computer like your personal computer.

In using the company's computer, treat it as your personal computer like hadling it with care and in proper manner.

4. Using computer as a tool in easier communication.

In now a days using computer in communicating others is very important. It can access all over the world unlike if you call using telephone or mobile phone you spend much in just an hour. In computer it only required internet access then everything follows.

5. Using computer as a means of marketing company's products.

In today's trends we are now very aware of web marketing. And using computer in selling product through web or informing the public about the product its advantages and other information is the very big help of the company's business.

May Joy Lora

Mgt 7 (1915-2015)

If you are just a student of RMMC and not currently working, cite a manual procedure here in our school which you prefer to computerize.

As a student of RMMC I experience the hardship in looking for the book and it so happen that the book I'm looking is not available because it already borrowed by one of the student and there are only one copy or two copies of the said book. Because of that, I asked one of the staff of the library where to find the said book, only they said I can find it in the circulation but nothing was there because it is already borrowed.

For that reason I want the library staff use computer in inventorying their books so that they know if the book were already available or not. They have to encode all the books in the library, its informations like author, title and even subject if possible so that they have the control were the books is and also the one who borrowed the said book. The advantage of this is they can have the proper inventory, where they can find the books if it is lost because they have the information of the person who borrowed the book. And also it can make their work in the library easier than without computer.

And also, as a student it is a burden to find the book which is not available. If they use computer, you give them the title of the book and they just say if it is available and give you the information where you can find it or they just say it is already borrowed by a student.

May Joy Lora
Mgt. 7(1915 - 2015)

WIth MIS trends, justify and contradict the statements. Cite examples whenever needed.

1) Mis users are more knowledgeable

• Yes MIS users are more knowledgeable than those who are not because it really not necessary that you gather all information because it serves as irrelevant information if you get confused on how to use it.

2) More sources is available to the users

• If you are MIS user you can have many sources of information that makes you more knowledgeable and you can really use it especially in business making decision.

3) Resistance to the implementation of emerging MIS subsiding.

• Yes, because it is play a vital role in the company especially in company's that has many branches. They can communicate easily if they have some changes in their company's rules to be implemented.

4) Connectivity

• We can easily connect or shall we say communicate because by means of MIS we can connect easily. The best example is in the Asialink they can connect easily to their head office by means of YM or send a file via yahoo messenger.

5) Mis is becoming one of the primary of increasing productivity

• The best example of this is the Asialink because they use MIS also in transferring the data or the requirements of the barrower to their head office for approval, it increases their productivity because it is easier for them to process unlike the past years that they have to transfer the papers through LBC that takes one day to delver.

6) Companies are using MIS as a competitive strategy

• As of now company uses MIS as their edge over other company because if you are behind in using high technology you are also behind by your competitor because using MIS makes your company more faster especially in processing and decision making.

7) Mis is becoming integral to the decision making process.

• MIS help in decision making process because it gives accurate information at the right time.

8) The end user is becoming the focus of MIS activity.

• Once you are more knowledgeable in MIS you can have an extra income through it not just by being a tutor to the one who need but also in the internet like for example in blogging and in auction.com.

May Joy Lora
Mgt. 7 (1915 - 2015)

How can the manager & employees make use of information as a strategic/competitive advantage over other competitors

Business who aren't gather information will have a difficulties in making decisions and planning for the present and future improvement if there are factors that affects the performance of the business, because the efficient decision are the accurate and based on facts information.

Manager use such information in making decisions and strategic planning as employees does to be able to perform well and have the efficient output in especially in decision making to improve the company's perfomance. Also they can make use of information as an edge among other competitors because their informations are accurate and verifiable that has the greatest possibility that the business could stand out among others.

May Joy Lora
Mgt. 7 (1815-1915)

Feedback "Striking ideas about MIS"

MIS is more than computer based system that manager used information and have that as a basis in making decision.
Importance in studying MIS

• It is important to study MIS because it gives more efficient communication
• Higher quality info system
• Increase mutual responsiveness
• In company it increase productivity
  
• and it give great career opportunity
  

IT (Information Technology) is quite relevant, (company function without IT but not efficient of productive as a company with IT. Also knowledge in IT help you to find a job.

TO SUM UP ALL IT IS THE THINGS NEEDED FOR THE COMPANY TO BE EFFICIENT AND TO OPERATE EFFECTIVELY

Created by:
MAY JOY P. LORA