Why MIS?


WHY MIS?

            A Management Information System is used to transform data into useful information and needed to support managerial decision making with structured decisions (formally called programmed decisions) which are those that are based on predictable patterns of activity. The typical MIS is based on four major components.
i)              Data Gathering
ii)             Data Entry
iii)            Data Transformation
iv)           Information Utilization
Data Gathering: Data pertinent to the operating of the organization are gathered from both external and internal sources.
Data Entry: The above data is inputted and stored in databases as the information processing core of the system.
Data Transformation: Data is transformed into useful information through the application of computer software programs and judgments made by technical support staff and other system users.
Information Utilization: This useful information is retrieved as needed by the management and technical personnel and applied to a wide variety of decisions related to the conduct of organizational operations.

WHAT MIS IS?

            A Management Information System is a network of communication channels and information processing centers collecting information from its sources of origin:
i)              Storing, updating, collecting and processing it.
ii)             Supplying the processed information to the various users managing the organization.

1 comment: