Scribd
Upload
73 views2 pages

Management Information System (MIS) Is An Information System Used For Decision-Making

A management information system (MIS) is an information system used for decision-making and coordination within an organization. MIS examines the people and technology of a company to increase its value and profits. Some common types of MIS include decision support systems, executive information systems, marketing information systems, and enterprise resource planning software. Proper design and data are vital for an efficient MIS, which provides operational data and reports to support decision-making at all levels of management.

Uploaded by

Amal Tharaka
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
73 views2 pages

Management Information System (MIS) Is An Information System Used For Decision-Making

A management information system (MIS) is an information system used for decision-making and coordination within an organization. MIS examines the people and technology of a company to increase its value and profits. Some common types of MIS include decision support systems, executive information systems, marketing information systems, and enterprise resource planning software. Proper design and data are vital for an efficient MIS, which provides operational data and reports to support decision-making at all levels of management.

Uploaded by

Amal Tharaka
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Management Information System (MIS)

A management information system (MIS) is an information system used for decision-making,


and for the coordination, control, analysis, and visualization of information in an organization.

Management information system examines people and technology in an organization. In a


corporate setting, the ultimate goal of the use of a management information system is to increase
the value and profits of the business.
The following are types of information systems used to create reports, extract data, and assist in
the decision making processes of middle and operational level managers.

 Decision support systems (DSS) are computer program applications used by middle and
higher management to compile information from a wide range of sources to support problem
solving and decision making. A DSS is used mostly for semi-structured and unstructured
decision problems.
 Executive information systems (EIS) is a reporting tool that provides quick access to
summarized reports coming from all company levels and departments such as accounting,
human resources and operations.
 Marketing information systems are management Information Systems designed
specifically for managing the marketing aspects of the business.
 Accounting information systems are focused accounting functions.
 Human resource management systems are used for personnel aspects.
 Office automation systems (OAS) support communication and productivity in the
enterprise by automating workflow and eliminating bottlenecks. OAS may be implemented
at any and all levels of management.
 School Information Management Systems (SIMS) cover school administration, often
including teaching and learning materials.
 Enterprise resource planning (ERP) software facilitates the flow of information between
all business functions inside the boundaries of the organization and manage the connections
to outside stakeholders.
 Local Databases, can be small, simplistic tools for managers and are considered to be a
primal or base level version of a MIS.

The following are some of the benefits that can be attained using MIS:

 Companies are able to identify their strengths and weaknesses due to the presence of
revenue reports, employees' performance record etc. Identifying these aspects can help a
company improve its business processes and operations.
 Giving an overall picture of the company.
 Acting as a communication and planning tool.
 The availability of customer data and feedback can help the company to align its business
processes according to the needs of its customers. The effective management of customer
data can help the company to perform direct marketing and promotion activities.
 MIS can help a company gain a competitive advantage.
 MIS reports can help with decision-making as well as reduce downtime for actionable
items.

Proper design according to the nature of the business, infrastructure (hardware) and correct data
is vital for an efficient MIS.

The MIS helps the clerical personnel in the transaction processing and answers their queries on
the data pertaining to the transaction, the status of a particular record and references on a variety
of documents. The MIS helps the junior management personnel by providing the operational data
for planning, scheduling and control, and helps them further in decision making at the operations
level to correct an out of control situation. The MIS helps the middle management in short them
planning, target setting and controlling the business functions. It is supported by the use of the
management tools of planning and control. The MIS helps the top management in goal setting,
strategic planning and evolving the business plans and their Implementation.

The MIS plays the role of information generation, communication, problem identification and
helps in the process of decision making.

You might also like