Management Information Systems (Forums and Assignments)
QUESTION : What is MIS? Why is it important? please explain
ANSWER : MIS is a system that used for decision making, coordination, controlling,
analyzing, and also visualization of information for an organtization itself. In corporate
settings, MIS was used to achieve some goals, such as; to gain profit and increase value of
their business.
MIS itself helps corporate to become more competitive It gaves report about what is working
and what is notworking according to the settings, plans and ideas. These reports gave the
owners the informations they needed to make decisions and to make improvement towards
their works and employees performance.
QUESTION : In your opinion, is better to have competitive advantage or comparative
advantage?
ANSWER : Competitive advantage is an advantage over competitors gained by offering
consumers greater value, either by means of lower prices or by providing greater benefits and
services that justifies higher prices.
Comparative advantage is a term that refers to an an economy's ability to produce goods and
services at a lower opportunity cost than that of trade partners. It also can give a company the
ability to sell goods and services at a lower price than its competitors and realize stronger
sales margins. It also can be known as what you do the best while also giving the least.
In my opinion that based on the explanation above, it is depends on what the business or
company current need. If a company advertises a product for a price that's lower than a
similar product from a competitor, that company is likely to have a competitive advantage.
Meanwhile if a brand has two products (A & B), but product is better, then the comparative
advantage is B product because the brand make more money on B product.
QUESTION : What is the competitive advantage? Why is important for company to have
MIS? please explain!
ANSWER : Competitive advantage is an advantage over competitiors gained by offering
consumers greater value, either by means of lower prices or by providing greater benefits and
services that justifies higher prices. In business, it was an attribute that allows organization to
outperform its competitiors.
MIS itself helps corporate to become more competitive It gaves report about what is working
and what is notworking according to the settings, plans and ideas. These reports gave the
owners the informations they needed to make decisions and to make improvement towards
their works and employees performance.
, QUESTION : In current situation why people prefer to use E business compare with
conventional business?
ANSWER : It is because, these days people try to find some ways that are easiest/convenient
enough for shopping or buying stuffs they want without making plan for going out, also
online stores usually not providing wide ranges of different products. They usually offer
lower prices and discounts (this one depending on seasons/holidays such as Christmas,
valentines or new year).
QUESTION : What is E business? What is the diference with convetional busines? Please
explain!
ANSWER : E-business is a business that digital or technology based (smartphone, laptop, pc
or tablet) that including selling and buying process on internet. The differences between e-
business and conventional business are based on convenience, strategies, cost, time and
accessibility.
1. Convenience : The growth of online retailer these days such as Amazon or Tokopedia
has made it difficult to conventional business/stores to compete with consumers who
seek a convenient shopping experience. However, there is still a group of
consumers who prefer the process of a live shopping experience and the
opportunity to physically examine products or try on clothing. Depending on the
current situation, people rather stay inside their place or house and if they need to buy
something, they will find something easier and safer for them.
2. Strategies : Businesses that are exclusively online usually have a much larger
digital marketing budget than a traditional business. Traditional businesses
typically diversify marketing to attract customers from both local areas and from
online demographics.
3. Cost : One of the main key in business is how you manage to running your money
efficiently, from buying sources, checking any surplus or deficit, to counting how
many income you gain. However, there are a significant difference between 2 types of
business. E-business generally have lower cost-to-be-paid rather than conventional
businesss. For example, conventional business need to pay their production fees,
wages, advertising fees, rent, electricity and water bills on the building they use
meanwhile e-business only focused on wages, production fees adn advertising fees.
4. Time and Accessibility : E-businesses are always open and consumers can usually
complete a transaction in minutes. Eanwhile on the other hand, driving to and from
a conventional business, viewing the merchandise and talking with salespeople,
even the possibility of standing in line waiting to check out, all take up valuable
time. E-businesses can sell products and services 24 hours a day every day of the
week. Only few conventional businesses are open 24 hours a day, although some
QUESTION : What is MIS? Why is it important? please explain
ANSWER : MIS is a system that used for decision making, coordination, controlling,
analyzing, and also visualization of information for an organtization itself. In corporate
settings, MIS was used to achieve some goals, such as; to gain profit and increase value of
their business.
MIS itself helps corporate to become more competitive It gaves report about what is working
and what is notworking according to the settings, plans and ideas. These reports gave the
owners the informations they needed to make decisions and to make improvement towards
their works and employees performance.
QUESTION : In your opinion, is better to have competitive advantage or comparative
advantage?
ANSWER : Competitive advantage is an advantage over competitors gained by offering
consumers greater value, either by means of lower prices or by providing greater benefits and
services that justifies higher prices.
Comparative advantage is a term that refers to an an economy's ability to produce goods and
services at a lower opportunity cost than that of trade partners. It also can give a company the
ability to sell goods and services at a lower price than its competitors and realize stronger
sales margins. It also can be known as what you do the best while also giving the least.
In my opinion that based on the explanation above, it is depends on what the business or
company current need. If a company advertises a product for a price that's lower than a
similar product from a competitor, that company is likely to have a competitive advantage.
Meanwhile if a brand has two products (A & B), but product is better, then the comparative
advantage is B product because the brand make more money on B product.
QUESTION : What is the competitive advantage? Why is important for company to have
MIS? please explain!
ANSWER : Competitive advantage is an advantage over competitiors gained by offering
consumers greater value, either by means of lower prices or by providing greater benefits and
services that justifies higher prices. In business, it was an attribute that allows organization to
outperform its competitiors.
MIS itself helps corporate to become more competitive It gaves report about what is working
and what is notworking according to the settings, plans and ideas. These reports gave the
owners the informations they needed to make decisions and to make improvement towards
their works and employees performance.
, QUESTION : In current situation why people prefer to use E business compare with
conventional business?
ANSWER : It is because, these days people try to find some ways that are easiest/convenient
enough for shopping or buying stuffs they want without making plan for going out, also
online stores usually not providing wide ranges of different products. They usually offer
lower prices and discounts (this one depending on seasons/holidays such as Christmas,
valentines or new year).
QUESTION : What is E business? What is the diference with convetional busines? Please
explain!
ANSWER : E-business is a business that digital or technology based (smartphone, laptop, pc
or tablet) that including selling and buying process on internet. The differences between e-
business and conventional business are based on convenience, strategies, cost, time and
accessibility.
1. Convenience : The growth of online retailer these days such as Amazon or Tokopedia
has made it difficult to conventional business/stores to compete with consumers who
seek a convenient shopping experience. However, there is still a group of
consumers who prefer the process of a live shopping experience and the
opportunity to physically examine products or try on clothing. Depending on the
current situation, people rather stay inside their place or house and if they need to buy
something, they will find something easier and safer for them.
2. Strategies : Businesses that are exclusively online usually have a much larger
digital marketing budget than a traditional business. Traditional businesses
typically diversify marketing to attract customers from both local areas and from
online demographics.
3. Cost : One of the main key in business is how you manage to running your money
efficiently, from buying sources, checking any surplus or deficit, to counting how
many income you gain. However, there are a significant difference between 2 types of
business. E-business generally have lower cost-to-be-paid rather than conventional
businesss. For example, conventional business need to pay their production fees,
wages, advertising fees, rent, electricity and water bills on the building they use
meanwhile e-business only focused on wages, production fees adn advertising fees.
4. Time and Accessibility : E-businesses are always open and consumers can usually
complete a transaction in minutes. Eanwhile on the other hand, driving to and from
a conventional business, viewing the merchandise and talking with salespeople,
even the possibility of standing in line waiting to check out, all take up valuable
time. E-businesses can sell products and services 24 hours a day every day of the
week. Only few conventional businesses are open 24 hours a day, although some
