The document provides an overview of Management Information Systems (MIS), detailing its components, functions, characteristics, advantages, and disadvantages. MIS aids in decision-making, improves efficiency, and requires integrated processes with a focus on management needs. However, it can be costly to implement and relies heavily on technology.

1. Management Information Systems
Basics of MIS
Prepared By:
Mohammed Jasir PV
Asst. Professor
NBS, Koratty
Contact: 9605 69 32 66

2. Topics
• Management Information System
• Concept - MIS
• Components of MIS
• MIS Activites
• MIS Fonctions
• Characteristics of MIS
• Advantages of MIS
• Disadvantages of MIS

3. Management Information System

4. MIS – A Concept
The MIS is an idea which is associated with man, machine,
marketing and methods for collecting information’s from the
internal and external source and processing this information for the
purpose of facilitating the process of decision-making of the
business

5. Concept - MIS
Software
Computer /
Hardware
People
Database
Computer
Networks
Information
Intelligence Design Choice
Decision Implementation
Performance
Data
Data
Data
Data
Data Decision Making
Decision
Monitoring / Feedback

7. Components of MIS
MIS
HW & SW People Database Networks Model base Processes

9. MIS Activities
• Data capturing
• Data processing
• Storage of information
• Dissemination of information
• Retrieval of data
• Control system performance

10. MIS Functions
The broad functions of MIS
• To improve decision making
• To improve efficiency
• To provide connectivity
The main functions of MIS
• Data Processing
• Prediction
• Planning
• Control
• Assistance

11. Characteristics of MIS
• Management Oriented
• Management Directed
• Integrated
• Common Data Flows
• ICT Enabled
• Strategic Planning

12. • Management oriented: - Top down design. Focus is to satisfy the information
needs of the management
• Management directed:- Management is involved in the design process,
continuous review and up gradation of MIS in order to develop a good quality
system. The system is structured. Minimizes the gap between expectation of the
management and the actual system
• Integrated:- Integrated with all the operations and functional activities of the
management. Only an integrated system can provide the complete picture of the
scenario.
Characteristics of MIS

13. • Common data Flows:- Data being stored into the system, retrieved from the
system, disseminated within the system or processed by the system can be
handled in an integrated manner. Avoids data duplication, data redundancy,
and help simplify operations
• Strategic Planning:- A high degree of planning goes into creating an MIS
• Bias towards centralization:- Centralized data management helps an MIS to
exercise version control as well as provide an integrated view of data to the
managers
• ICT enabled:- Information should be timely and accurate for effective
decision making

14. Advantages of MIS
• Smooth data flow
• Easy access to information
• Fast data processing and information retrieval
• Evaluation of the performance
• Cost control and time saving
• Compares budgets and actual performances
• Improved backup systems
• Takes away the uncertainty and risks

15. Disadvantages of MIS
• It is expensive to set up and configure
• Heavy reliance on technology
• Risk of fraud

16. THANK YOU