1. A management information system (MIS) provides organizations with the information needed to manage efficiently and effectively by evaluating, designing, implementing, and utilizing systems to generate and improve the use of information.
2. The development of MIS has occurred in five phases from mainframe computers to personal computers to client-server networks to enterprise computing and cloud computing.
3. An MIS helps a business by providing managers with reliable and timely information needed for decision making, strategic planning, management control, operational control, and transaction processing. It plays a key role in generating, communicating, and identifying problems to aid the decision making process.