Thursday, May 21, 2009

FINAL QUESTION NO. 5

1. Describe or define Virtual Office.
-----Virtual Office Website (VOW) is a web site that is used to conduct business activities. One example is a VOW used as a real estate property search site allowing the public to conduct searches of approved Multiple Listing Service properties in a given area under certain conditions.

2. Distinguish Virtual Office from MIS.
-----Mobile or remote work-environment equipped with telecommunication links and basic office furniture, but without a fixed office space. While MIS is Organized approach to the study of information needs of a management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement man-machine procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner. Modern, computerized systems continuously gather relevant data, both from inside and outside the organization. This data is then processed, integrated, and stored in a centralized database (or data warehouse) where it is constantly updated and made available to all who have the authority to access it, in a form that suits their purpose.

http://www.businessdictionary.com/definition/management-information-system-MIS.html

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