Definition and meaning of management information system, Management Information Sys

DEFINITION AND MEANING OF MANAGEMENT INFORMATION SYSTEM 

There are numerous definitions of  Management Information System.  Yet the fundamental concept remains essentially the same. Management Information System can be defined as a collection of data processing equipment, procedures, software and people that integrates the  sub-systems of the organisation and provides information for decision making on planning and control operations. In other words, Management Information System is an integrated user-machine system that monitors and retrieves data from the environment, captures data from transactions and operations within the firm, filters, organises and selects data and presents them as information to managers, and also provides the means for managers  to generate information as desired. In simple terms Management  Information System is any organised approach for obtaining relevant and timely information on which to base management decisions. Historically,  accounting systems provide information for planning and control in business. Managers have always had sources of  information. But Management Information System, with computerised processing of data provides a comprehensive system of information. Management Information System is a powerful method for aiding managers in operations analysis for solving problems and making decisions.  

Posted Date: 10/26/2012 5:41:23 AM | Location : United States







Related Discussions:- Definition and meaning of management information system, Assignment Help, Ask Question on Definition and meaning of management information system, Get Answer, Expert's Help, Definition and meaning of management information system Discussions

Write discussion on Definition and meaning of management information system
Your posts are moderated
Related Questions
Suggest an effective management information system for your organization a multi unitand multi product organization


Types of Networks In this section, let us try to discuss the types of computer networks as they have evolved from a technical point of view. In this context, it may be stated

what are the pitfalla of mis ? discuss briefly?

QUESTION 1 In the case where information has leaked or a third party has released information or disinformation detrimental to the organisation, then a reactive process must oc

i am studying in tybca. in MIS, i have chapters: 1)Introduction to system & Basic concepts 2)Information systems 3)Overview of MIS 4)Developing IS I want detailed notes on these to

QUESTION 1 (a) Explain IT Governance and provide an overview on its origin (b) What are the challenges faced to implement IT Governance? QUESTION 2 (a) Explain how t

WHAT ARE THE STEP REQUIRED TO BUILD A NEW INFORMATION SYSTEM FOR A TYPICAL BUSINESS FUNCTION IN YOUR ORGANIZATION. DESCRIBED ANY ALTERNATIVE METHOD IF ANY CARRYING OUT THIS ACTIVIT


How do you accommodate last minute changes that have to be incorporated into your work? Ans) Applicant should anticipate the possibility that amendments have to be made and plan