Executive Information Systems (EIS)

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Questions and Answers

Which of the following characteristics is least likely to be associated with an Executive Information System (EIS)?

Designed with high customizability to cater for users of all technological skill levels. (correct)
Supports strategic decision-making by identifying potential risks and trends.
Capacity to access and process large quantities of internal and external data.
Focus on presenting data in user-friendly visuals, tables, and text.

Executive Information Systems (EIS) primarily utilize data derived exclusively from internal sources to inform strategic decisions.

False (B)

What functionality of an Executive Information System (EIS) enables users to explore data at increasing levels of detail?

drill down

The use of ______ in Executive Information Systems (EIS) greatly assists in forecasting and predictive analysis for strategic planning.

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Match each Information System (IS) type with its primary purpose:

<p>Management Information System (MIS) = Supports operational and tactical decision-making by providing structured reports. Executive Information System (EIS) = Aids strategic decision-making for senior management using internal and external data. Decision Support System (DSS) = Facilitates complex problem-solving and decision-making through interactive models and analysis.</p> Signup and view all the answers

Flashcards

Accessibility in IS

Ensuring all stakeholders have access to information and analysis, often via a central platform.

3 Types of IS

Management Information Systems, Executive Information Systems, and Decision Support Systems.

Executive IS (EIS)

A system that helps executives make strategic decisions by organizing internal and external data into a user-friendly dashboard.

EIS Characteristics

Visual displays, drill-down capabilities, large data quantities, and BI to identify risks/trends.

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Drill-Down

The ability to explore data in increasing levels of detail.

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Study Notes

Accessibility involves keeping all relevant parties in the loop with analysis, fostering collaboration through the use of a centralised dashboard.
It allows for easy and secure access.

Types of ISs

Management IS
Executive IS
Decision Support Systems

Executive IS

Large companies use an EIS to help executives make strategic decisions by organizing internal and external data.
Features a user-friendly dashboard for easy access to key information.

Characteristics

Designed with management in mind.
Often not tech-savvy, needs to be more user-friendly.
Data is presented through text, visuals, and tables.
Easier to interpret based on the type of data.
It allows access to large quantities of data.
Data comes from various departments and is centrally available, quick, and accurate.
Strategy is supported through identifying risks and trends, which is aided by the use of Business Intelligence (BI).
Forecasting and predicting helps to allow users to drill-down.