Preview

Information Management

Good Essays
Open Document
Open Document
2810 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Information Management
State the factors to be considered for designing an effective Managing Information System (MIS)
Definition of MIS
An organized approach to the study of the information needs of an organization's management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes,and routines that provide suitably detailed reports in an accurate, consistent, and timely manner.
MIS is a general term for the computer systems in an enterprise that provide information about its business operations. It's also used to refer to the people who manage these systems. in a large corporation, "MIS" refers to a central or centrally-coordinated system of computer expertise and management, often including mainframe systems but also including by extension the corporation's entire network of computer resources.

Managing Information System
Management Information Systems (MIS) is the study of people, technology, organizations and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel, equipment, and business processes. MIS is a people-oriented field with an emphasis on service through technology
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.
MIS professionals create information systems for data management (i.e., storing, searching and analyzing data).
OBJECTIVES OF MIS:-
An effective MIS has the following objectives
1. Facilitate the decision - making process by furnishing information in the proper timeframe. This helps the decision - maker to select the best course of action.
2. Provide requisite information at each level of management to carry out their functions.
3. Help in highlighting the critical factors to the closely monitored for successful functioning of the

You May Also Find These Documents Helpful

  • Powerful Essays

    Nt1330 Unit 9 Final Paper

    • 1645 Words
    • 7 Pages

    Information systems integrate both the information and technologies to serve the business of the companies and the customers at the same time. Take for instance, the online based businesses where we can find multiple choices to choose from and shop from the comfort of our own houses. The process of procuring things online…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Wnz Study Guide

    • 535 Words
    • 3 Pages

    Management Information Systems is the merging of the business world with the need for technology to succeed. While technology continues to advance and change, it is only useful in business when developed in the context of how it will be utilized. It does a company no good to bring in the latest software or create new systems if they do not increase productivity and efficiency. This is where the MIS professional comes in. Working closely with people in all aspects of a business, the MIS team will work to create a process that is right for the company’s needs now and in the future. Unlike some technology-focused careers, MIS is a people-centered role and professionals must understand not only the technology that they work with the how to strategically help the people that they work with.…

    • 535 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Information Management

    • 696 Words
    • 3 Pages

    1. Think about the different disciplines addressed in the lecture. How are the disciplines of information management, information technology, and informatics related? How do they differ?…

    • 696 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    10. Management information systems (MIS) are concerned with providing management with the information it needs to effectively manage.…

    • 3894 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    Information systems has been defined as “a set of interrelated components that collect, process, store, retrieve and distribute data or/information in an organization referred to above facilitates decision making and control in an organization” The data or information referred to above facilitates decision making and control in an organisation and hence being crucial to organizational management and performance. It can therefore be said that the system of managing the collection, processing, storage, retrieval and distribution of data and information is what is termed as Management Information Systems. Infact Management Information Systems is about the relationship between management and the operations of an organization. When you think about this assertion, three things stand out;…

    • 1260 Words
    • 6 Pages
    Powerful Essays
  • 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
  • Good Essays

    In my words, Management Information System is a digital, or computer based tool, which provides managers of all levels, as well as regular employees, with information crucial to perform their tasks more effectively.…

    • 760 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Management Information Systems (MIS): serve the management level of the organization, providing managers with reports and often-online access to the organization’s current performance and historical records and primarily serve the functions of planning, controlling, and decision-making.…

    • 926 Words
    • 5 Pages
    Good 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

    The concept of the MIS has evolved over a period of time comprising many different…

    • 846 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Management Information Systems examines how organizations design and manage information systems and how they use information as an important corporate resource. This occurs in the context of electronic business trends where organizations are using new e-technologies to achieve and sustain corporate growth and health. Management Information Systems also covers concepts of how data is used to support basic business processes and how managers and professionals link data to provide information for effective decision-making.…

    • 1264 Words
    • 6 Pages
    Better Essays
  • Good Essays

    A. 1 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 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.…

    • 11189 Words
    • 45 Pages
    Good Essays
  • Good Essays

    Marketing Information System, abbreviated as MIS, means to collect, analyze and supply marketing information to the marketing managers. The marketing managers use this information to take marketing decisions. MIS is a permanent and continuous process.…

    • 2027 Words
    • 9 Pages
    Good Essays
  • Good Essays

    A management information system (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in 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.…

    • 1671 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Mis Concepts & Design

    • 2430 Words
    • 10 Pages

    refers broadly to a computer-based system that provides managers with the tools for organizing, evaluating and efficiently running their departments.…

    • 2430 Words
    • 10 Pages
    Good Essays