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MIS
MIS
One of the primary functions of MIS is to facilitate the collection and processing of data from
various sources within the organization. This includes data from transactional systems,
operational databases, external sources, and other information repositories. By collecting and
consolidating data from disparate sources, MIS provide managers with a comprehensive view of
organizational performance, enabling them to identify trends, patterns, and anomalies that can
inform decision-making.
Once data is collected, MIS use various techniques and tools to process and analyze it,
transforming raw data into meaningful information that can be used for decision-making. This
may involve data manipulation, aggregation, calculation, and statistical analysis to derive
insights and generate reports that are relevant to managerial needs. By providing managers with
timely and accurate information, MIS enable them to assess performance, identify opportunities,
and address challenges more effectively.
Decision support is a key function of MIS, providing managers with the analytical tools and
models they need to make informed decisions. This includes tools for forecasting, simulation,
optimization, and risk analysis, which help managers evaluate alternative courses of action and
assess their potential outcomes. By leveraging decision support capabilities, managers can make
more informed decisions, reduce uncertainty, and improve the likelihood of achieving desired
outcomes.