Managment Information System
Management Information System
“What is MIS and what is systems thinking?” Your answer should be limited to 2 pages. Graphical representations and research will be appreciated.
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. Management aggregates and disseminates this data in the form of information needed to carry out the daily operations of business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses information systems. A car dealership could use a computer database to keep track of which products sell best. A retail store might use a computer-based information system to sell products over the Internet. Many businesses concentrate on the alignment of MIS with business goals to achieve competitive advantage over other businesses.
Kinnaird College also employs the use of MIS to obtain data over its various departments and predict future progress, financial requirements and employment decisions.
MIS have different management functions such as planning, controlling and decision making. Planning is done by setting objectives and identifying activities to achieve those targets. It is supplying the information and establishing procedures for procuring the information in the organization. Controlling is measuring actual performance against the set starter and correcting deviations to ensure that actions remain on course. Decision making requires
“What is MIS and what is systems thinking?” Your answer should be limited to 2 pages. Graphical representations and research will be appreciated.
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. Management aggregates and disseminates this data in the form of information needed to carry out the daily operations of business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses information systems. A car dealership could use a computer database to keep track of which products sell best. A retail store might use a computer-based information system to sell products over the Internet. Many businesses concentrate on the alignment of MIS with business goals to achieve competitive advantage over other businesses.
Kinnaird College also employs the use of MIS to obtain data over its various departments and predict future progress, financial requirements and employment decisions.
MIS have different management functions such as planning, controlling and decision making. Planning is done by setting objectives and identifying activities to achieve those targets. It is supplying the information and establishing procedures for procuring the information in the organization. Controlling is measuring actual performance against the set starter and correcting deviations to ensure that actions remain on course. Decision making requires