Preview

Mb0047

Good Essays
Open Document
Open Document
13558 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mb0047
Name Barun Prasad Roll No. 521066695 Course MBA – 2nd Semester Subject Management Information System Assignment MB0047 – Set 1

Q1. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS?

Answer:-
MIS systems are extensively used in generating statistical report of any organization which can be used to study management by behavior. They set objectives to their employees using ratio analysis. Management also uses MIS for decision making from the low level management to top level management. In order to perform task using Information systems use of technical support is required. So it is the combination of 3 components i.e. organization, technology and management.

MIS characteristics

* It supports transaction handling and record keeping. * It is also called as integrated database Management System which supports in major functional areas. * It provides operational, tactical, and strategic level managers with east access to timely but, for the most, structured information. * It supports decision –making function which is a vital role of MIS. * It is flexible which is needed to adapt to the changing needs of the organization. * It promotes security system by providing only access to authorized users. * MIS not only provides statistical and data analysis but also works on the basis on MBO (management by objectives). MIS is successfully used for measuring performance and making necessary change in the organizational plans and procedures. It helps to build relevant and measurable objectives, monitor results, and send alerts.

Basic Function of MIS

The main functions of MIS are: * Data Processing: Gathering, storage, transmission, processing and getting output of the data. Making the data into information is a major task. * Prediction: Prediction is based on the historical data by

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The management information system helps the managers with reports by giving them access to the organisations Management information systems MIS: are the computer systems in an enterprise that provides information about its business operations. The management information system is the centrally coordinated system of a computer expertise and management, The MIS is the computerized database of financial information organizes and programed to produce regular reports on operations. At ICT4Students we use MIS to give feedback on our performance and are used to monitor the company as a whole oppose to separate departments so we can check the product sale levels and the rate of refurbishment of products. The MIS helps us to measure our progress to reach our goals.…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Nt1330 Unit 9 Final Paper

    • 1645 Words
    • 7 Pages

    MIS assisted the business world to process the transactions, getting information for the sought people at the right time. The volume of information MIS provides for companies, banks and the different industries is huge and MIS can be heavily relied on in the business industry as it can control massive amounts of information and accelerate the transactions being made…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    2. A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information or decision making. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the…

    • 599 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Designing and creating effective information system is a complex task and several techniques have been developed to manage organization and build information system. Management Information System goal is to enable managers to make better decisions providing quality information. MIS can be the foundation of a business but it can also be expensive. It is important that the information system should be designed and organized to match the needs of the firm.…

    • 6040 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Mis in Restaurant

    • 4079 Words
    • 17 Pages

    The appropriate development and management of information technology tools is of great help to executives and management. This assists them in performing tasks related to the processing of information. MIS and business systems are especially useful in the collation of business data and the production of reports to be use as tools for decision making. IT system gives a comprehensive picture so that available data can be accessed, evaluated and utilized. It is designed to…

    • 4079 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    History of Mis

    • 433 Words
    • 2 Pages

    A management information system (MIS) provides information which is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information or decision making. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization.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.…

    • 433 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Mb0041

    • 1702 Words
    • 7 Pages

    e) A sum of Rs. 125.05 realised on the sale of old furniture has been posted to the…

    • 1702 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    1. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS?…

    • 11189 Words
    • 45 Pages
    Good Essays
  • Good Essays

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

    • 577 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mis Classification

    • 659 Words
    • 3 Pages

    What are the various classifications of MIS? Explain the various views of MIS structure? Give suitable examples.…

    • 659 Words
    • 3 Pages
    Good Essays
  • Good Essays

    mb0048

    • 559 Words
    • 3 Pages

    Q1. Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research.…

    • 559 Words
    • 3 Pages
    Good Essays
  • Better Essays

    business information

    • 1040 Words
    • 5 Pages

    It is the combination of human and computer based resources which as an outcome gives a result in the storage, collection, retrieval, communication and use of data to efficient management of operations and business planning for purposes. It is also use to easily get special reports from the system.…

    • 1040 Words
    • 5 Pages
    Better Essays
  • Better Essays

    A management information system (MIS) provides information needed to manage organizations efficiently and effectively.[1] Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization.[2]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.[2]…

    • 2245 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Mba Solved Paper

    • 4251 Words
    • 18 Pages

    2. It is also called as integrated database Management System which supports in major functional areas.…

    • 4251 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    Mis of Maruti

    • 532 Words
    • 3 Pages

    Integration and Streamlining of Business Processes Process Adherence Structuring, Storage and Retrieval of Data Instant Generation of Business Analysis Report, MIS Control and monitoring Man and Machine Support Operations , management and decision making…

    • 532 Words
    • 3 Pages
    Satisfactory Essays