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IMPACT OF MIS IN

COMPANIES DECISION
MAKING

INDEX:
What is MIS.
Definition of MIS
Information Chart
Role of MIS
Impact of MIS
MIS: Support to Management

WHAT IS MIS?
1)
2)
3)
4)
5)
6)

Right Information
To the right person
At the right place
At the right time
In the right form
At the right cost

Definitions of MIS:
1.

MIS is defined as a system which provides


information support for decision-making in the
organization.

2.

MIS is defined as an integrated systemof man and


machine

for

providing

information

to

the

operations, management & decision-making function


in the organization.

INFORMATION CHART

ROLE OF MIS
1. ensures that appropriate data is
collected from valid sources,
processed and passed to needy
destinations.
2. satisfies the needs through
Query Systems, Analysis
Systems, Modeling systems.
3. Helps in strategic planning,
Management control, Operational
control & Transaction Processing.
Hence, MIS plays a vital role in management, administration &
operations of an organization.

IMPACT OF MIS
1.

With a good support of MIS, marketing, finance, production &


personnel management becomes more efficient.

2.

MIS gives better understanding of business.

3.

A two-way communication flow is greatly enhanced by MIS. The


management freely tells its employees their jobs, and the ways and
means in which they are to accomplish the tasks entrusted to them.
The employees also in turn discuss their doubts, concerns and
problems.

MIS: Support to Management

The management process is executed through different decisions

taken at each step of management.


Steps in Management

Decision

Planning

A selection from various alternatives


like strategies, resources, methods

Organization

A selection for goals, people,


resources, methods

Staffing

Providing manpower

Directing

Choosing methods from various


methods

Coordinating

Choice of tools and techniques for


coordinating efforts

Controlling

A selection of exceptional conditions


and he decision guidelines

MIS: SUPPORT TO
Environment
MANAGEMENT
Management
Goal Setting
Planning

Organizing

Staffing

Directing

Information Support

MIS

Coordinating Controlling

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