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1 Role of MIS in bussiness?

ANS: The role of the MIS in an organization can be compared to


the role of heart in the body. The information is the blood and MIS
is the heart. In the body the heart plays the role of supplying pure
blood to all the elements of the body including the brain. The
heart work faster and supplies more blood when needed. It
regulates and controls the incoming impure blood, processed it
and sends it to the destination in the quantity needed. It fulfills
the needs of blood supply to human body in normal course and
also in crisis. The MIS plays exactly the same role in the
organization. The system ensures that an appropriate data is
collected from the various sources, processed and send further
to all the needy destinations. The system is expected to fulfill the
information needs of an individual, a group of individuals, the
management functionaries: the managers and top management.

2 How to manage the data using MIS product for


business?
ANS: The Four Pillars The relationships of the four pillars:
Interpersonal, Conception, Effectiveness, and Efficiency As the
above diagram shows, the four pillars overlap, thus they are not
separate processes. This blending gives the organization the
ability to focus on opportunities and deal with threats
(Department of the Army, 1987, 1996): Leadership drives the
interpersonal aspects of the organization, such as moral and
team spirit. Management deals with the conceptual issues of the
organization, such as planning, budgeting, and organizing.
Command guides the organization with well thought-out visions
that make it effective. Control provides structure to the
organization in order to make it more efficient.

3 Pillars of MIS?
ANS: The MIS collects the data, stores it, and makes it
accessible to managers who want to analyze the data by running
reports. Central Information System The goal of an MIS is to be
able to correlate multiple data points in order to strategize ways
to improve operations. For example, being able to compare sales
this month to sales a year ago by looking at staffing levels may
point to ways to boost revenue. Or being able to compare
marketing expenditures by geographic location and link them to
sales can also improve decision-making. But the only way this
level of analysis is possible is due to data that is compiled through
an MIS. Running reports that pull together disparate data points
is an MIS’ key contribution. That feature, however, comes with a
significant cost. MIS implementation is an expensive investment
that includes the hardware and software purchases, as well as
the integration with existing systems and training of all
employees.

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