Project Proposal

On

Management Information Systems Practices in Bangladesh A Case Study on KS Group

Submitted by: Veronica Finney ID : 08-2-71-812-081
Email : finney_v3@yahoo.com Mobile: 01754077299

Commonwealth Executive MBA

Corse Code : REQD 4623 Course Title : Project

Management Information Systems Practices in Bangladesh: A Case Study on KS Group

Submitted by:

Veronica Finney ID : 08-2-71-812-081

Email : finney_v3@yahoo.com Mobile: 01754077299 Supervised By:

Md. Shahidul Islam Fakir

Assistant Professor Department of Management Studies Jagannath University Dhaka.

Approved By:

Mostafa Azad Kamal

Coordinator CEMBA Program Open University Bangladesh

ATM Tofazzel Hossain

Processor and Dean School Of Business Open University Bangladesh

Introduction and Background of the Study:

Management information system (MIS) is a system that provides information needed to manage organizations effectively. Management information systems involve three primary resources: technology, information, and people. It's important to recognize that while all three resources are key components when studying management information systems, the most important resource is people. Management information systems are regarded as a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert systems, and Executive information systems. There are many types of information management systems in the market that provide a wide range of benefits for companies.

Transaction processing systems (TPS) collect and record the routine transactions of an organization. Examples of such systems are sales order entry, hotel reservations, payroll, employee record keeping, and shipping. Management information systems (MIS) produce fixed, regularly scheduled reports based on data extracted and summarized from the firms underlying transaction processing systems (TPS) to middle and operational level managers to provide answers to structured and semi-structured decision problems. Decision-support systems (DSS) are computer program applications used by middle management to compile information from a wide range of sources to solve problems and make decisions. Executive support systems (ESS) is a reporting tool that provides quick access to summarized reports coming from all company levels and departments such as accounting, human resources and operations.

In this project, theoretical framework is used to evaluate the management information system concepts of KS Group. Since the 1980s, a new concept of community living and property ownership has evolved in Bangladesh and this concept has resulted in a new made of property ownership-Apartment-and Commercial Spaces. This now concept of property ownership has emerged out of a need to cope with and escalating demand for urban housing, office accommodation, investment options, security, and cost-benefit. With the dawn of the new millennium, Dhaka is slowly transforming into a Mega City and in this process, is facing tremendous population growth, high density of

traffic, and toxic levels of air and noise pollution. As a result, an exodus to areas of low population density, traffic congestion, air and noise pollution in forthcoming. Taking this into consideration, KS Group, a Company formed by four Professionals with wide ranging domestic and international experience and committed to quality and excellence, started introducing quality apartments and commercial spaces in relatively less crowded areas of the city of reasonable price. The ultimate vision of our company is to produce high quality product, gives the clients the best customer service and become the most profitable as well reliable company in the this industry. This will be achieved through top quality work and after-sales service (the mission).

Statement of the Problem:

This report will investigate the MIS practices of Bangladeshi organizations generally and MIS practices of KS group. The problem stated above is that current performance of management information system is satisfactory but how can done this total service level more satisfactory level in desired time. The purpose of this thesis is to identify the reasons for such development and to highlight the theoretical frameworks, which could improve management information system especially in terms of our whole service level.

Rationale of the Study :

A business organization has a set of goals and objectives to be achieved. Hence, a business organization should be structured in the most effective way to fully utilize its resources- capital, human resources, knowledge in products and services, and both external and internal information to achieve its strategic goals. Our organization is a business organization so the motive or Justification of the study is to assess the performance of KS Group present activity of information management system.

Objectives and Scope of the study:

To know about the understanding of MIS as a field of study and as a field of business. To know about the scenario of MIS practices in Bangladesh. Identify the major functions within a functional area (e.g., finance, human resources, marketing, etc,) with in our own organization.

To describe the business (enterprise) functions and the major processes and procedures within that functional area. To identify what MIS exist to support these areas. To know about the MIS practices from global perspective. To investigate the problems/challenges of MIS in Bangladesh. To know what strategies could apply for the future. To provide recommendations to solve the problems for excellence performance in MIS

Methodology :
Data for this report collected from the following sources: Primary source Secondary source

Primary Data Collection Methods: By talking with the employees of the organization. Observation method will also be used in this study.

Secondary Data Collection Methods:

Data collection from the companies brochures. Going through our companies annual reports, project feasibility and search the net for analysis. Number of books and articles also has been reviewed to assist in producing this proposal.

Bibliography

Broadbent, M, Weill, P, and St. Clair, D (1999) The implications of information technology infrastructure for business process redesign, MIS Quarterly, June 159-82.

OBrien, J (1999). Management Information Systems Managing Information Technology in the Internetworked Enterprise. Boston: Irwin McGraw-Hill.

Pant, S., Hsu, C., (1995), Strategic Information Systems Planning: A Review, Information Resources Management Association International Conference, May 2124, Atlanta.