The Ultimate Deal On WHAT IS MANAGEMENT INFORMATION SYSTEM | Needs | Component
What is Management Information System (MIS)? A management information system ( MIS ) is a computer system consisting of hardware and software that serves as the backbone of an organization's operations. An MIS gathers data from multiple online systems, analyzes the information , and reports data to aid in management decision-making. MIS is also the study of how such systems work. The need for MIS The following are some of the justifications for having an MIS system Decision makers need information to make effective decisions. Management Information Systems (MIS) make this possible. MIS systems facilitate communication within and outside the organization – employees within the organization are able to easily access the required information for the day to day operations. Facilitates such as Short Message Service (SMS) & Email make it possible to communicate with customers and suppliers from within the MIS system that an organizati...