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