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.
Very Simplified and easily understandable.
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