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Mai Doc 6
Mai Doc 6
Mai Doc 6
INFORMATION
SYSTEMS
WHAT IS MANAGEMENT
INFORMATION SYSTEM OR MIS ?
Management information system, or MIS,
broadly refers to a computer-based system
that provides managers with the tools to
organize, evaluate and efficiently manage
departments within an organization.
IMPORTANCE OF INFORMATION SYSTEMS IN AN
ORGANIZATION
Communication
Part of management is gathering and
distributing information, and information
systems can make this process more efficient
by allowing managers to communicate rapidly.
Operations
How you manage your company's operations
depends on the information you have.
Information systems can offer more complete
and more recent information, allowing you to
operate your company more efficiently.
Decisions
The company information system can help
you make better decisions by delivering all
the information you need and by modeling
the results of your decisions. When you have
accurate, up-to-date information, you can
make the choice with confidence.
Records
Your company needs records of its activities
for financial and regulatory purposes as well
as for finding the causes of problems and
taking corrective action. The information
system stores documents and revision
histories, communication records and
operational data.
DIFFERENT TYPES OF MIS
transaction processing systems-
produce fixed, regularly scheduled reports
based on data extracted and summarized
from the firm’s underlying transaction
system .
Decision support systems (DSS) are computer
program applications used by middle and
higher management to compile information
from a wide range of sources to support
problem solving and decision making.
Executive information systems (EIS) is a reporting
tool that provides quick access to summarized
reports coming from all company levels and
departments such as accounting, human resources
and operations.
Marketing Information Systems are Management
Information Systems designed specifically for
managing the marketing aspects of the business.
Accounting information systems(AIS) are
focused accounting functions.
Human resource management systems are used for
personnel aspects.
Examples: