1. INTRODUCTION
1.1 WHAT IS MANAGEMENT INFORMATION SYSTEM?
Management Information System or otherwise called MIS is a sorted out or an orchestrated course of action of social occasion, securing, and diffusing data as information anticipated that would finish the various errands or particular components of organization.
As showed by the administrators, Management Information System is a utilization of the various leveled strategies, measures, and systems. To a designer it is just record taking care of and structures. On the other hand, it incorporates significantly more multifaceted nature than it shows up.
The three rule parts of Management Information System (MIS) give a more complete and precise definition, where System proposes blend and expansive point of view, Information stays for took care of vigilant data, and Organization is the last and amazing customer, or also the pioneers.
Along these lines, Management Information System (MIS) can be inspected as takes after:
MANAGEMENT
Organization covers all the masterminding, control, and association of the concerned operations. The top organization certifications orchestrating; the inside organization is accountable for controlling; and the lower organization is obliged to handle the authentic association.
INFORMATION
Information in Organization information structure infers they took care of data that helps the organization in orchestrating and controlling the operations. Data suggests each one of the substances
Information Management System (IMS) refers to a database that integrates financial and other information in organizations from different levels of management and produces regular reports. Starbucks is one of the firms that have implemented IMS. This paper describes IMS for Starbucks, its impact on competitive edge and how it helps to coordinate supply chain partners and to monitor inventory levels. The paper also explains why managing information is better than moving products.
* A marketing information system is a management information system designed to support marketing decision making. A system in which marketing data is formally gathered, stored, analysed and distributed to managers in accordance with their informational needs on a regular basis.
Furthermore, Management Information Systems (MIS) not only is based on software systems, but also includes set of business processes and useful resources that work to put the information together from tactical systems. The entire system is designed to the company to get tactical goals and meet strategies. Basically, the role of any MIS organization could be compared with the heart of a body. This means that information is the blood and MIS is the heart. For a good function of the body should be flow pure blood, because it will help to regulate correctly the brain. MIS has the same role in any organization, all information is collected from distinct sources to all needed destinations. Additionally, MIS plays a particular role of information generation, problem identification and communication because all of this help to improve and take right the decision making.
| MIS is a tool that assists executives and the general workforce in performing any tasks related to the processing of information. MIS and business systems are especially useful in the collation of business data and the production of reports to be used as tools for decision making.
2. Management Information Systems is a system that contains technology, information, and people, which are used to resolve business problems, such as the price of a product or other problems.
Information is the lifeblood for decision makers. One of the ways, firm collect information is through a marketing information system. MIS is a process that first determines what information Marketing Managers need then it gather, sort, analyses, store and distribute relevant and timely marketing information system uses. The MIS system includes four important components.
Meeting information requirements of management is a key focus for many organizations. Companies are constantly looking for ways to improve how they manage information. Information is essential for any decision making process and day-to-day operation. Therefore, it is important that information is managed and disseminated properly throughout the organization. Management use information to establish policy and strategic planning.
Management information systems, also known as MIS, are computer systems that direct business and organize operations or files. Many people wonder why
The management information systems implemented within an organisation can be paper, computer or human-based; serving to produce timely information, usually of a historical manner, to allow management to initiate business processes and form decisions (Cox, 2014).
Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences; is also particularly critical to businesses that work in conjunction with other businesses, so the two must share information with, or transfer information to, each other. In addition, businesses with more than one department or unit can use the MIS to compile information in one central location, thereby preventing information loss.
The purpose of this report is to explain what “Management Information Systems” (MIS) is. This report will discuss how management information system helps different departments in an organization. The functions and advantages of using MIS will also be examined in this report.
The organization has a bureaucratic structure. Roles are hierarchically arranged with a single chain of command from top to bottom of the organization (Senior, & Fleming, 2006, p.74). Duties are carried out impersonally in conformity with defined rules. O&T Co. follows the hierarchy principle and separation of members in the different subgroups. Also, centralization and traditionalism are common structures within the company. The number of procedures understood is less than the number of written ones (Senior, & Fleming, 2006, p.73).
The participants were given instructions on how to complete the document and given information regarding the purpose and outcome of this study. Even though there are 185 staff members, we decided to just get a sample of 10 from each department. A total of 60 samples were collected and evaluated. Based on the responses of the staff that participated, it was determined that the RFP needs to include each of the following areas of deficiencies within the scope of services:
Traditionally any information management system has been defined as the collection and management of information from one or more sources and information dissemination to relevant stakeholders.
Those Management Information Systems will approach, set up, sum up and present information for providing routine decision making in the functional filed. Especially for those managers who work as the middle level of management in the company, Management Information Systems offer them the essential functions by delivering recurrent reports.