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Tuesday, 16 April 2013

MANAGEMENT INFORMATION SYSTEM IN DETAIL



What is MIS? Discuss in detail?
OR
Describe the three words of MIS: Management, Information, System.
OR

 Management Information Systems (MIS), referred to as Information Management and Systems, is the discipline covering the application of people, technologies, and procedures collectively called information systems, to solving business problems.

“'MIS' is a planned system of collecting, storing and disseminating data in the form of information needed to carry out the functions of management.” Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert Systems, and Executive Information Systems.
Management : Management is art of getting things done through and with the people in formally organized groups. The basic functions performed by a manager in an organization are: Planning, controlling, staffing, organizing, and directing.

Information : Information is considered as valuable component of an organization. Information is data that is processed and is presented in a form which assists decision maker. Information Generation


System : A system is defined as a set of elements which are joined together to achieve a common objective. The elements are interrelated and interdependent. Thus every system is said to be composed of subsystems. A system has one or multiple inputs, these inputs are processed

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