What is MIS? Meaning, Definition, Objectives, Role, Characteristics
What is MIS?
MIS is an organized integration of hardware and software technologies, data, processes, and human elements. It is a software system that focuses on the management of information technology to provide efficient and effective strategic decision making.
What is MIS? MIS is the acronym for Management Information Systems. MIS is a set of procedures which, when executed, provides information to support decision making.
The following are some of the justifications for having an MIS system
- Decision makers need information to make effective decisions. Management Information Systems (MIS) make this possible.
- MIS systems facilitate communication within and outside the organization — employees within the organization are able to easily access the required information for the day to day operations. Facilitates such as Short Message Service (SMS) & Email make it possible to communicate with customers and suppliers from within the MIS system that an organization is using.
- Record keeping — management information systems record all business transactions of an organization and provide a reference point for the transactions.
Role of MIS
A management information system (MIS) plays an important role in business organizations.
What is MIS role: There are many roles of MIS and some of the important MIS role are discussed below:
Advantage of MIS
A good management information system can be used not only for the storage of electronic data alone but must be able to support the analysis required by management. There are many advantages of MIS which are utilised by manager to achieve organization goal.
The following are some of the benefits of a good MIS.
- Increased customer satisfaction
- Improved quantity and quality of information
- Improved quality and quantity management decisions
- Improved quality and responsiveness number of the competitor’s condition
- Improved operational efficiency and flexibility
- Improved quality of internal and external communications
- Improved quality of planning
- Improved quality control and supervision
Summary
Management Information Systems (MIS), referred to as Information Management and Systems, is the discipline covering the application of people, technologies, and procedures collectively called information systems, to solving business problems.
Got to Topic: 1. What is MIS? 2. MIS Definition 3. MIS Meaning 4. MIS Components
5. MIS Objectives 6. MIS Characteristics 7. MIS Advantage 8. MIS Role 9. MIS Challenges 10. MIS Limitations
