Why Management Information Systems is Significant for an Organisation? Aware with Importance, Types, Characteristics and Advantages+ Much More...
Abstract: Management Information Systems (MIS) refer to the use of technology, people, and processes to support organizational activities, decision-making, and problem-solving. To the managers, Management Information System is an implementation of the organizational systems and procedures. To a programmer it is nothing but file structures and file processing. However, it involves much more complexity. The three components of MIS provide a more complete and focused definition, where System suggests integration and holistic view, Information stands for processed data, and Management is the ultimate user, the decision makers. Management information system can thus be analyzed as follows − Management Management covers the planning, control, and administration of the operations of a concern. The top management handles planning; the middle management concentrates on controlling; and the lower management is concerned with actual administration. Information Information, in MIS, means t