This document outlines advantages and disadvantages of management information systems. The advantages include providing relevant information to facilitate planning and control, making data available in summarized form to reduce information overload, easing performance measurement to encourage decentralization, and improving coordination through shared awareness of actions and plans. Disadvantages include requiring constant monitoring of sensitive data, security issues like hacking, output quality depending on input quality, high implementation costs, inflexibility to upgrade software, only handling quantitative data, and potential increased unemployment.