Define that System

The most important functions that top executives perform include setting policies, planning, and preparing budgets. At the strategic level, these decision-making functions are supported by executive information systems. The objective of these systems is to gather, analyze, and integrate internal (corporate) and external (public) data into dynamic profiles of key corporate indicators. Depending on the nature of the organization’s business, such indicators may relate to the status of high-priority programs, health of the economy, inventory and cash levels, performance of financial markets, relevant efforts of competitors, utilization of manpower, legislative events, and so forth. The indicators are displayed as text, tables, graphics, or time series, and optional access is provided to more detailed data. The data emanate not only from within the organization’s production and administrative departments but also from external information sources, such as public databases.