Preview

MANAGEMENT INFORMATION SYSTEMS (MIS)

Good Essays
Open Document
Open Document
577 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MANAGEMENT INFORMATION SYSTEMS (MIS)
Management Information Systems (MIS)

Information systems at the management level of an organization that serve the functions of planning, decision-making and controlling by providing routine summary and exception reports.

A combination of computers and people that is used to provide information to aid in making decisions and managing a firm.

Roles of MIS

Support To Strategic Advantage
Support To Managerial Decision-Making
Support To Business Operations

Features of MIS

MIS is a very important information processing system for all organizations. Some crucial characteristics of MIS are stated bellow:

MIS support structured and semi-structured decisions at operational and management control level.
MIS are very useful for planning purposes of senior management staffs.
MIS are generally reporting and control oriented.
MIS have little analytical capability.
MIS generally aid in decision-making using past and present data.
MIS are relatively inflexible.
MIS have an internal rather than external orientation.

Importance of MIS in Business

MIS Affects All Areas of Business:

Manufacturing
Accounting & Finance
Human Resources Management
Marketing
Strategic Management

Systems from Functional Perspective

Information systems can be classified by the specific organizational function they serve as well as by organizational level. Typical information systems that support each of the major business functions are now explained with examples of functional applications for each organizational level.

Sales and Marketing Information Systems

Systems that help the firm identify customers for the firm’s products or services, develop products and services to meet customers’ needs, promote these products and services, sell the products and services, and provide ongoing customer support.

Examples of Sales and Marketing Information Systems
System
Description
Organizational Level
Order Processing
Enter, process, and

You May Also Find These Documents Helpful

  • Powerful Essays

    Inf 220: Is Principles.

    • 1851 Words
    • 8 Pages

    Information systems have had a great impact on today’s businesses, culture and society. They have changed how people do business, how corporations manage their resources, and among other things, how firms interact and compete with each other. This paper will address several questions concerning information systems, their origin, their future, and their present. This paper will define and describe information systems, and how they impact both employees but also different departments and functions. It will also show how problem solving is involved in developing and implementing information systems.…

    • 1851 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Nt1310 Unit 1 Assignment

    • 4104 Words
    • 17 Pages

    Information Technology (IT) is a set of tools, processes and methodologies (such as coding, programming, data communications, data conversion, storage and retrieval, system analysis and design, systems control) and associated equipment employed to collect, process, and present information. In broad terms, IT also includes office automation, multimedia and telecommunications. It is defined as the technology used involving the development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data. IT is a broad subject concerned with all aspects of managing and processing information, especially within a large organization or company. Because computers are central to information management,…

    • 4104 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Managment Information System

    • 3068 Words
    • 11 Pages

    MIS: A management information system (MIS) is a computerized database of useful information organized and programmed in a way that it produces regular and special reports on operations for every level of management in a company. Generally it is the study of people, organizations, technology and the relationship between them all. MIS helps firm to realize maximum benefit from investment in business processes by collecting, processing and storing past data. Its main purpose is to give feedback about their performance and show the actual data over planned results thus measuring progress against goals.…

    • 3068 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Management Information System is the study of the association amongst technology, organizations and the people involved. MIS professional’s assists in the process of making these organizations benefit at the utmost amount from their investments.…

    • 12370 Words
    • 50 Pages
    Powerful Essays
  • Powerful Essays

    Information System

    • 11528 Words
    • 47 Pages

    This Information Systems (IS) in organizations assignment would provide an understanding of how organizations use information systems to help them manage their specific needs: To understand information needs within different functional areas of organizations; to compare information systems; to use information systems to produce management information.…

    • 11528 Words
    • 47 Pages
    Powerful Essays
  • Satisfactory Essays

    Dominos

    • 485 Words
    • 2 Pages

    Select a (any) company of your choice and explain its MIS setup. You should evidently through light on how MIS is prolifically involved in managing the business of the selected organization, where decisions must be made in the areas of:…

    • 485 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Within companies and large organizations an MIS can include software that helps in decision making, data resources such as databases, the hardware resources of a system, decision support systems, people management and project management applications, and any computerized processes that enable the department to run efficiently. Other names for MIS include IS (Information Services) and IT (Information Technology).…

    • 796 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Information Management

    • 2810 Words
    • 12 Pages

    Businesses use information systems at all levels of operation to collect, process and store data. Management aggregates and disseminates this data in the form of information needed to carry out the daily operations of business.…

    • 2810 Words
    • 12 Pages
    Good Essays
  • Good Essays

    In today’s world the use of information systems and software applications are critical to the workplace. “Information systems (IS) collects, processes, stores, analyzes, and disseminates information for a specific purpose” (Rainer & Turban, 2008). “Information systems refers to technology designed to handle the data that institutions receive, process, generate, save, backup, disseminate, and use to make decisions” (Smith, 2007). IS do not have to be used with computers, but with today’s technology, most IS are associated with them. Computer-based information systems (CBIS) are made up of a few components including hardware, software and people, just to name a few. Software applications are “a set of computer instructions that provide more specific functionality to a user” (Rainer & Turban, 2008). An example of a software application is Microsoft Word, the popular word processing application that is standard on most computers. Software applications exist to make work easier for computer users. The same can be said for information systems, both IS and software applications are very helpful in the workplace for different departments such as human resources, accounting and marketing.…

    • 723 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The objective of an MIS (Management Information System) is to provide information for decision making on planning, initiating, organizing, and controlling the operations of the subsystems of the form and to provide a synergetic organization in the process. Decision Support System: It is sometimes described as the next evolutionary step after Management Information Systems (MIS) . MIS support decision making in both structured and unstructured problem environments.. It supports decision making at all levels of the organization .IS (Information Systems) are intended to be woven into the fabric of the organizations , not standing alone. IS support all aspects of the decision making process.MIS are made of people, computers, procedures, databases, interactive query facilities and so on. They are intended to be evolutionary/adaptive and easy for people to use. The human intelligence is closely related with the human experience and decision making skills which is strongly backed by information's. Now a day's in every field of human working right information is considered as the most important resource of good decision making. Every organization runs by the managers of organization, who are making decisions in every step of organizational activities. Due to the importance of information in decision making a separate field has emerged to serve the appropriate information's to managers for effective and good decision making purpose. Serving the suitable information use to pass through a process called management information system as the information is using to make management decisions.…

    • 450 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The software allows data to be used by multiple functions and business processes for precise organizational coordination and control. Organizations implementing this software would have to first select the functions of the system they wish to use and then map their business processes to the predefined business processes in the software. A particular firm would use configuration tables provided by the software to tailor a particular aspect of the system to the way it does business.…

    • 2757 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Mis Grameenphone

    • 3728 Words
    • 15 Pages

    Management and organizations facing constantly changing problems, diverse managerial styles, and ever present information needs offer a challenging context for developing computer based information systems. A management information system (MIS) is a system or process that provides information needed to manage organizations effectively. Management Information Systems (MIS) employs the integration of information technology in achieving the needs and objectives of the general workforce, managers and their organization. The development of MIS in organizations helps corporate executives in applying efficient and effective information technology-based business and economic decisions. With new trends in information technology, managers and organizations will face more advance and flexible management of organizational information. Management information systems are regarded to be 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. 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. The terms MIS and information system are often confused. MIS is sometimes referred to, in a restrictive sense, as information technology management. That area of study should not be confused with computer science. IT service management is a practitioner-focused discipline. MIS has also some differences with Enterprise Resource Planning (ERP) as ERP incorporates elements that are not necessarily focused on decision support. MIS uses computer technology to provide information and decision support to managers, helping them becomes more effective. Developments…

    • 3728 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Management information systems (MIS) deals with the coordination and use of information technology. MIS plans for, develops, and manages the use of information technology tools to help people perform tasks related to information processing and management in their personal lives, careers, and/or just for every day actions when working with information. MIS helps get the right information technology and right information into the hands of the right people at the right time.…

    • 882 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    This topic might be complicated for the one who have not experience any real functioning information system in organization. For this topic, various information systems in organization will be described.…

    • 2977 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    “An information system (IS) - is any combination of information technology and people's activities that support operations, management and decision making. In a very broad sense, the term information system is frequently used to refer to the interaction between people, processes, data and technology.”…

    • 2056 Words
    • 9 Pages
    Powerful Essays