Month: October 2021

FINANCIAL MARKETS, FINANCIAL INSTITUTIONS AND FINANCIAL INSTRUMENTS Financial markets Financial market are institutions or arrangements that facilitate the exchange of financial assets, including deposits and loans, corporate stocks and bonds, government bonds, and more exotic instruments such as options and Read More …

Physical properties of money The following are properties which make a commodity a good choice to serve as money: i. Money should be portable ii. Money should be divisible iii. Money should be durable iv. Money should be of recognizable Read More …

MONEY AND BANKS INTRODUCTION Money and banking are two subjects closely intertwined with our daily lives and with the very day functioning of our economy. On atypical day, you encounter money and banks in many firms like from the obvious Read More …

FINANCIAL AND ACCOUNTING INFORMATION SYSTEMS Financial and accounting information system (FAIS) is a system that provides information related to the accounting and financial activities in an organization. It includes budgeting, cash and asset management, capital budgeting, portfolio analysis, general ledger, Read More …

MARKETING INFORMATION SYSTEM Marketing strategies consist of a mixture of ingredients that has been named the marketing mix product, promotion, place & price. Collectively they are known as the four Ps. Product is what the customer buys to satisfy a Read More …

MANUFACTURING INFORMATION SYSTEMS Manufacturing information system is a system the support the manufacturing functions of purchasing, receiving, quality control, inventory management, material requirements planning, capacity planning, production scheduling, and plant design. It performance applies to both Manufacturing and service environments. Read More …

OFFICE INFORMATION SYSTEMS INTRODUCTION  During the past 30 years, has helped the enhance productivity in the office. The movement towards automation in work is often called office automation (OA).  Office automation includes the new hardware and software technologies-word Read More …

DEVELOPMENT OF DECISION SUPPORT SYSTEMS  The development of a decision support system is determined by the types of information and the facilities needed for taking the decision.  Decision support systems are developed using programming language or produced by Read More …

Database Management System (DBMS)  To solve a problem the necessary data may come from internal or external database.  In an organization, internal data are generated by a system such as TPS and MIS.  External data come from Read More …

DECISION SUPPORT SYSTEM INTRODUCTION  Decision support system (DSS) in an outcome of management information system, providing support for management at operational control, management control, and strategic planning.  Management activity of each of these classes includes planning, control, and Read More …