Executive Information SystemIntroductionAn executive information system (EIS) is known as a decision support system (DSS) used to help senior supervisors in decision making. It is admitted that it does so by providing easy access to meaningful data. Executive information systems can be used in many different types of structures to monitor the progress of initiatives and to organize perspectives and issues. Furthermore, it provides very quick access to appropriate information and also suggests direct access to different management reports. Currently, EIS data is available at the enterprise or enterprise level, enabled by personal computers and workstations on local area networks (LANs). Employees can admit company data to assist decision making in individual workplaces and departments. This allows employees to provide relevant information and ideas. Features of the EIS: • The EIS organizes summary data to allow visualization of the commercial act. This is often achieved through measures known as “Key Performance Indicators” (KPIs). • It helps to incorporate graphics and text in the same screen, which helps in having better understanding. • Assimilate data from a wide variety of information bases. It supports learning, which leads to new burdens and the improvement of existing obedience, which leads to further learning. • Last but not least, they offer analysis tools, which allow for easy implementation of understanding investigations. EIS Examples: Example 1. Duration of the statistic checking. An innovative trend called Information Lifecycle Management (ILM) is evolving in the world of load management. In general, ILM is known as a policy-oriented system approach as the company develops. Examples of MIS: Example 1. Bringing an instance, it should be noted that most managers for many reasons use management information systems. Primarily, they use MIS for scheduled periodic reporting. This is the usual form of providing information to supervisory authorities on a regular basis. Typical examples of such interval reports are daily or weekly sales analysis reports and monthly financial statements. Example 2. MIS can be used not only by supervisors but also by sales managers to review sales analysis reports. This helps tremendously in evaluating performance differences between sellers selling the same types of products to the same types of customers. Additionally, these sales executives have a good idea of the sales performance information they need to effectively monitor sales performance.
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