This Slide discusses about MIS concept, its advantages and disadvantages.

1. Pooja Kumari
Assistant Professor (Commerce)
CMG GCW, Bhodia Khera (Fatehabad)
Management Information
System (MIS)

2. Managem
ent
• To manage
data
Informatio
n
• Data is
converted
into
meaningful
information
System
• Hardware
& Software

3. A management information system (MIS) is a
computer system consisting of hardware and
software that serves as the backbone of an
organization’s operations. An MIS gathers data
from multiple online systems, analyzes the
information, and reports data to aid in
management decision-making.
The MIS collects the data, stores it, and makes it
accessible to managers who want to analyze the
data by running reports.

4. MIS
Decision
support
systems
(DSS)
Executive
information
systems (EIS)
Enterprise
resource
planning
(ERP)
Human
resource
management
systems
Accounting
information
systems
Marketing
information
systems

5.  Improve an organization's operational efficiency
 Companies are able to identify their strengths and
weaknesses due to the presence of revenue reports,
employee performance records etc.
 Giving an overall picture of the company.
 Acting as a communication and planning tool.
 The availability of customer data and feedback can help the
company to align its business processes according to the
needs of its customers. The effective management of customer
data can help the company to perform direct marketing and
promotion activities.
 Help a company gain a competitive advantage.
 Help with decision-making as well as reduce downtime for
actionable items

6.  Retrieval and dissemination are dependent on
technology hardware and software.
 Expensive to set up and maintain
 Chances of leakage of information if MIS is done
using third party
 Potential for inaccurate information.

7. In order to provide past, present and prediction
information, a management information system
can include software that helps in decision
making, data resources such as databases,
the hardware resources of a system, decision
support systems, people management and
project management applications, and any
computerized processes that enable the
department to run efficiently.