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Computerized Information System

This document discusses computerized information systems and management information systems (MIS). It provides definitions of MIS and describes the goals of MIS as generating information to support managerial planning, decision making, and control. The document outlines different types of information systems and explains the role of MIS in providing accurate and timely data to assist managers across various business functions like marketing, finance, production, and personnel.

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0% found this document useful (0 votes)
74 views25 pages

Computerized Information System

This document discusses computerized information systems and management information systems (MIS). It provides definitions of MIS and describes the goals of MIS as generating information to support managerial planning, decision making, and control. The document outlines different types of information systems and explains the role of MIS in providing accurate and timely data to assist managers across various business functions like marketing, finance, production, and personnel.

Uploaded by

LaxmiPant
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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Computerized Information

System
What is Information Systems
• Information system includes people, process, data
and information technology

• IS is the name of the department responsible for


computers , networking and data management
Types of Information System
• Transaction Processing System
• Management Information System
• Decision Support System
• Executive Information System
• Geographic Information System
• Enterprise System
– ERP
What is MIS
• MIS is a man-machine system that
produces information for use in managerial
problem solving and decision making.
• Management Information Systems (MIS) is
the term given to the discipline focused on
the integration of computer systems with
the aims and objectives on an
organization.
What is MIS
• MIS is defined as an academic discipline which
covers the application of people, technologies
and procedures to the problems that are faced by
a business organisation
• . It is collectively known as an information system.
• MIS is a formal system for providing management
with accurate and timely information necessary
for decision making.

What is MIS
• MIS is popularly known as the
Management Information System. MIS is
considered as one such method of
generating information which is used by
management of organization for decision
Making, control of activities, operations
etc.
MIS support in Managerial
Decision Making
• · Normally, the information provided by an MIS helps the
managers to make planning and control decisions. Now, we
will see, what is planning and control. Every organization in
order to function must perform, certain operations. For
Example, a car manufacturer has to perform certain
manufacturing activities, a wholesaler has o provide water
to its area of jurisdiction. All these are operations that need
to be done. Besides, these operations, an organization
must make plans for them. In other words it must decide on
how many and what type of cars to make next month or
what commissions to offer retailers or what pumping
stations to install in the next five years.
• Effective management information systems are needed by
all business organization because of the increased
complexity and rate of change of today’s business
environment . For Example, Marketing manager need
information about sales performance and trends, financial
manger returns, production managers needs information
analyzing resources requirement and worker productivity
and personnel manager require information concerning
employee compensation and professional development.
Thus, effective management information systems must be
developed to provide modern managers with the specific
marketing , financial, production and personnel information
products they required to support their decision making
responsibilities .
Goals and Objectives of MIS
• Goals are long term aims achieved by the
organisation
• Objectives are relatively short-term
milestones to be accomplished
• Targets are physical achievements in the
organisation
• (All three must be consitent with each
other)
Objectives of MIS
• How is the market currently allocated?
• · Which are the competitors product offer
to hold share in the market?
• · Pros and cons of this product
• · Customer set of each of these products
• · Money spent in advertising
• · In what stage of the product life cycle in
each product
• - Present statistical findings orally to audience

- Present statistical findings in a formal, comprehendible written format

- Distinguish between descriptive and inferential statistics and their uses

- Distinguish special causes and common cause of variation

- Summarize sources of data

- Describe the types of data and scales and understand different


analyses

- Explain types of samples


• - How is the market currently allocated?

- Which are the competitors product offer to hold share in the market?

- Pros and cons of this product

- Customer set of each of these products

- Money spent in advertising

- In what stage of the product life cycle in each product

- Describe survey process and errors

- Organize, tabulate and graph numerical data

- Construct tables and charts for categorical data


• - Create and interpret contingency tables
- Understand differences between good and bad data presentation

- Distinguish between parametric and nonparametric procedures

- State regression modeling assumptions and procedural steps

• Forecast using trend models

• Scheduling of task
Characteristics of MIS
• MIS is management oriented/directed
• Business driven
• Integrated System
• Avoids redundancy in data storage
• Heavy planning
• Common database
• Flexibility and ease of use
• Distributed systems
• Information as a resource
Role of MIS in business
• MIS helps in Strategic Planning,
Management Control, Operational Control
and
• Transaction Processing.
• IMPACT OF THE MANAGEMENT
INFORMATION SYSTEM
• MANAGEMENT INFORMATION
SYSTEM AND COMPTER
MIS and Management
• The overall purpose of MIS is to provide
profitability and related information to help
managers and staff understand business
performance and plan its future direction.
IMPORTANCE OF MIS
• 1. MIS is always management oriented and keeps in view every level of
management and gets the desired information.
2. Integrated - refers to how diff components(sub systems) are actually
tied up together. eg: diff departments of organization linked together.
3. Useful for planning - as every organization makes log-term and short-
term plans with the help of information like sales & production, capital
investments, stocks etc management can easily plan..
4. Effective MIS helps the management to know deviations of actual
performance from pre-set targets and control things.
5. its important for increasing efficiency.
6.MIS provides updated results of various departments to management.
7.MIS is highly computerized so it provides accurate results.
8.MIS adds to the intelligence, alertness, awareness of managers by
providing them information in the form of progress and review reports of
an ongoing activity.
9.Helps managers in decision- making.
• 1. It Facilitates planning : MIS improves the quality of plants by providing relevant
information for sound decision – making . Due to increase in the size and complexity
of organizations, managers have lost personal contact with the scene of operations.
• 2. In Minimizes information overload : MIS change the larger amount of data in to
summarized form and there by avoids the confusion which may arise when managers
are flooded with detailed facts.
• 3. MIS Encourages Decentralization : Decentralization of authority is possibly when
there is a system for monitoring operations at lower levels. MIS is successfully used
for measuring performance and making necessary change in the organizational plans
and procedures.
• 4. It brings Co ordination : MIS facilities integration of specialized activities by keeping
each department aware of the problem and requirements of other departments. It
connects all decision centers in the organization .
• 5. It makes control easier : MIS serves as a link between managerial planning and
control. It improves the ability of management to evaluate and improve performance .
The used computers has increased the data processing and storage capabilities and
reduced the cost .
• 6. MIS assembles, process , stores , Retrieves , evaluates and Disseminates the
information .
•  
• Role of Management Information System
MIS can be classified as
performing three functions:
• (1) To generate reports-for example, financial statements,
inventory status reports, or performance reports needed
for routine or non-routine purposes.

(2) To answer what-if questions asked by management.


For example, questions such as "What would happen to
cash flow if the company changes its credit term for its
customers?" can be answered by MIS. This type of MIS
can be called Simulation.

(3) To support decision making. This type of MIS is


appropriately called Decision Support System (DSS). DSS
attempts to integrate the decision maker, the data base,
and the quantitative models being used.
Human Resource MIS
Modified Model of Organisation
System
TASKS

STRUCTURE
PEOPLE

GOALS

TECHNOLOGY CULTURE

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