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MANAGEMENT INFORMATION SYSTEM SHEETHAL U email@example.com www.facebook.com/sheethu in.linkedin.com/in/sheethal 9447531524
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Information?• Why Do People Need Information? Individuals - Entertainment and enlightenment Businesses - Decision making, problem solving and control
MIS• A management information system (MIS) provides information that organizations need to manage themselves efficiently and effectively.• Management information systems are not only computer systems.• Three primary components: – Technology – people (individuals, groups, or organizations) – data (information for decision making).
• A management information system gives the business managers the information that they need to take decisions.• Produce fixed, regularly scheduled reports based on data extracted and summarized from the firm’s underlying transaction processing systems to middle and operational level managers.• Used to identify and inform decision problems.