The capabilities, developments and achievements of
human beings depend on their mind. Our mind gives us immense(Huge) power or advantage, by using information as the raw material. Thus the well-being and success of any individual, enterprise or an economy is closely related to their ability. A project can accomplish significant development in its performance by ensuring that its managers are provided with appropriate information required by them for performing their work. Management Information System deals with understanding the ways and means of doing this effectively. It includes understanding two wide areas: 1. •One is concerned with the question of determining the nature of information required by the managers in an organization and how organization effectiveness can be improved by better information support. 2. •Second concern of BIS is developing ways of making the required information available effectively and economically. It requires understanding of information technology. DEFINING BUSINESS INFORMATION SYSTEM
Information systems contain information about
significant people, places, and things within the organization or in the environment surrounding it. By information we mean data that have been shaped into a form that is meaningful and useful to human beings. Data, in contrast, are streams of raw facts representing events occurring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use. BUSINESS INFORMATION SYSTEM DEFINITIONS.
Business Information System is mostly referred to as
BIS which relates itself as collection of facilities and processes in an organization that provides managers the information used by them. BIS is defined by different Authors in different ways, following are some definitions. Jayant K. Oke An integrated system which transforms data (input) into reports (output) for facilitating decision-making through processing using various components of the information system for example Hardware, Software, Database, Procedures, and personnel. Kelly A combination of human and computer based resources that result in collection, storage, retrieval, communication and use of data for the purpose of efficient management of operations and for business planning. Krober Watson
An organized set of processes that provides information to
managers to support the operation and decision making within an organization. MIS/BIS MIS stands for Management information system. BIS stands for Business information system. IMS stands for information management and system. Management Information Systems (BIS), referred to as Information Management and Systems (IMS), is the discipline covering the application of people, technologies, and procedures collectively called information systems, to solving business problems. “‘MIS'. Is a set of systems that helps the management at different stages to take better decision by providing important information to the managers. 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.