Preview

The Future Trends Of MIS

Good Essays
Open Document
Open Document
856 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Future Trends Of MIS
Yu Chen
Professor Kearney
MGMT 210
9/17/2014
The Future Trends of MIS During the growth of a competitive global environment, there is considerable pressure on most organizations to make their operational, tactical, and strategic process more efficient and effective. MIS stands for management information systems, which defines as the management and use of information systems that help organizations achieve their strategies. It provides information that organizations require to manage themselves efficiently and effectively. The future trends in MIS are strategic importance for businesses. 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. 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. In fact, many businesses concentrate on the alignment of MIS with business goals to achieve competitive advantage over other businesses. Enterprise Resource Planning Management Information Systems are complex decision support systems used by companies to enhance and improve their business operations. Historically, an MIS was a management tool to help company management make informed decisions for their business based on information gathered from all business departments. Technology has greatly improved the effectiveness of the MIS. “Enterprise resource planning (ERP) software is a form of MIS that is installed in all departments and locations of businesses to enhance the availability of company information” (MIS). With the globalization of the economic marketplace, companies have sought ways to improve their ability to collect and



Cited: "Management Information Systems (Mis)." Encyclopedia of Computer Science. Eds. Edwin D. Reilly, Anthony Ralston, and David Hemmendinger. Hoboken: Wiley, 2003. Credo Reference. Web. 17 September 2014. "Management Information Systems (Mis)." Bcs Glossary of Computing and Ict. Swindon: BCS, The Chartered Institute for IT, 2013. Credo Reference. Web. 17 September 2014. KARL WöBER. "Management Information System." International Encyclopedia of Hospitality Management. Ed. Abraham Pizam. London: Routledge, 2010. Credo Reference. Web. 17 September 2014. ROB LAW. "Information System (Is)." International Encyclopedia of Hospitality Management. Ed. Abraham Pizam. London: Routledge, 2010. Credo Reference. Web. 17 September 2014.

You May Also Find These Documents Helpful

  • Better Essays

    References: O 'Brien, J., & Marakas, G. (2008). Management information systems (8th Edition ed.). The McGraw-Hill Companies.…

    • 1317 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Haag, S., & Cummings, M. (2008). Management information systems for the information age (Laureate Education, Inc., custom ed.). Boston: McGraw-Hill/Irwin.…

    • 2426 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Nt1330 Unit 9 Final Paper

    • 1645 Words
    • 7 Pages

    Management information system (MIS) provides information which is needed to manage organizations efficiently and effectively and the interface between information technology and people ( 4).…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    References: O’Brien, J. A., & Marakas, G. M. (2011). Management information systems (10th ed.). New York, NY: McGraw-Hill.…

    • 1167 Words
    • 4 Pages
    Better 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
  • Satisfactory Essays

    Syllabus IT/205

    • 2628 Words
    • 11 Pages

    Laudon, J. P., & Laudon, K. C. (2013). Essentials of management information systems (10th ed.). Upper Saddle River, NJ: Prentice Hall.…

    • 2628 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 5 Checkpoint

    • 297 Words
    • 2 Pages

    Laudon, J. P., & Laudon, K. C. (2011). Essentials of management information systems (9th ed.). Upper Saddle River, NJ: Prentice Hall.…

    • 297 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Information technology system is a really important sector for banks. There are several benefits can get from bank as follows. Not only can it speed up operation, but increase reliability in bank industry as well. Also, information technology can reduce the cost significantly from world wide networking. These days, if a bank doesn’t have a sound information system, it might be hard to compete in this aggressive market; which means an information technology system becomes a necessary element in banking industry.…

    • 4308 Words
    • 18 Pages
    Powerful Essays
  • Better Essays

    Daniel's Monologue

    • 814 Words
    • 4 Pages

    “Yen,” His voice rasped out, echoing against the walls. He was tired, starving, and sick of this perverted game of hers. It was always just a game to her. The woman barely gave him a glance, instead staring at the glowing crystal pulsating in the middle of the room.…

    • 814 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Management of information system (MIS) is a planned system of the collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. In a way it is a documented report of the activities those were planned and executed. It can also be defined as the subset of the overall internal control of a business covering the application of people, documents, technologies, and procedures by…

    • 5894 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    Information Use

    • 726 Words
    • 3 Pages

    References: Laudon, J. P., & Laudon, K. C. (2008). Essentials of management information systems (8th ed.). Upper Saddle River, NJ: Prentice Hall.…

    • 726 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Patent Warfare

    • 845 Words
    • 3 Pages

    Laudon, K. L. (2012). Management Information Systems, 12/e for DeVry University. Upper Saddle River, New Jersey: Pearson Education, Inc.…

    • 845 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In this assignment we will look at three aspects of operations management, which are Finance, human resource and information technology at an organisation.…

    • 5444 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    report on MIS

    • 4179 Words
    • 14 Pages

    A management information system (MIS) is a set of systems and procedures that gather information from a range of sources, compile it and present it in a readable format. Managers use an MIS to create reports that provide them with a comprehensive overview of all the information they need to make decisions ranging from daily minutiae to top-level strategy. Today's management information systems rely largely on technology to compile and present data, but the concept is older than modern computing technologies.…

    • 4179 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Mis in Restaurant

    • 4079 Words
    • 17 Pages

    Management Information System is the organization of data within the organization with the help of an information technology tool. MIS helps not only the internal operations of an organization but makes its external operations more efficient and beneficial. It helps with problem solving, control and decision-making of the organization, and provides data in the form of management reports. Although information system is usually used for quality control, it is also used for providing certain dimensions of service quality.…

    • 4079 Words
    • 17 Pages
    Powerful Essays