MBA _MIS 3201
MANAGEMENT INFORMATION SYSTEM
MODULE-1
Introduction
Management Information System:
With the coming of the computer age, management information system [i.e. MIS) is
becoming popular in the corporate circle for giving quick information to the
management. The purpose of MIS is reporting and is to provide the necessary
information to the managers and supervisors at various levels to help them to discharge
their functions of organising, planning, control and decision making.
MIS is a scientific way of collecting; processing, storing and communicating
information relating to the various activities of an organisation to the various levels of
management so that management may be facilitated in discharging its functions
efficiently and run the organisation in an efficient manner for the betterment of all.
MIS enhances the quality of management and growth of the organisation by providing
timely, accurate and meaningful information for planning, organisation and control, No
management can ever succeed without continuous appraisal of its performance and
MIS by providing timely and meaningful information can be helpful in this regard.
MIS should be developed keeping in mind the information needs of all managers and it
should be based on cost- benefit analysis. It should be designed in such a way that it
covers all aspects of the organisation and it should be flexible to meet changing
management needs and changing inputs.
Management information system is a system designed in an organisation to provide
right information at the right time to facilitate managerial decision making. The need
for management information system has arisen because managerial decision making
has become very complicated due to fast changing economic, political, social, and
technological changes..
Definition of Management Information System:
1. “A formal method of collecting timely information in a presentable form in order to
facilitate effective decision making and implementation, in order to carryout
,organisational operations for the purpose of achieving the organisational goals”.-
Walter Kennevan
2. “An MIS is a system designed to provide selected decision oriented information
needed by management to plan, control and evaluate the activities of the corporation. It
is designed within a framework that emphasises profit planning, performance planning
and control at all levels.It contemplates the ultimate integration of required business
information, sub systems both financial and non-financial within the
company”.—Management Information System Committee of the Financial Executive
Institute
Management information system is a system consisting of people, machines,
procedures, databases and data models, as its elements. The system gathers data from
the internal and external sources of an organisation.
Meaning:
Management information system is an acronym of three words, viz., Management,
information, system .in order to fully understand the term MIS, let us try to
,understand these three words.
Management: Management is the art of getting things done through and with the
people in formally organised groups.
Managerial function:
Planning
Organising
Staffing
Directing
Controlling
Information: Information is data that is processed and is presented in a form which
assists decision- making.it may contain an element of surprise, reduce uncertainty or
provoke a manager to initiate an action.Data usually take the form of historical records.
In contrast to information, raw data may not be able to surprise us, may not be
organised and may not add anything to our knowledge.
DATA-------→PROCESSING →INFORMATION
System: The term system is the most loosely held term in management literature
because of its use in different contexts. However, a system may be defined as a set of
elements which are joined together to achieve a common objective. The elements are
interrelated and interdependent. The set of elements for a system may be understood us
input, process and output. A system has one are multiple inputs; these inputs are
processed through a transformation process to convert these input into outputs. The
three elements of a system are
INPUT------→PROCESS →OUTPUT
, Components of MIS
● People Resources: People are required for the operation of all
information system.
● Data Resources: Database holds processed and organized data.
● Software Resources: It includes all sets of information processing
instruction.
● Hardware Resources: Include all physical devices and materials used
in information processing.
● Process: is a step undertaken to achieve a goal.
Characteristics of MIS
MIS plays a very important role in every aspect of an organization. These
characteristics are generic in nature.
1. System Approach
2. Management Oriented
3. Need-Based
4. Exception Based
5. Future Oriented
6. Integrated
7. Long Term Planning
8. Sub-System Concept
9. Central Database
Characteristics of MIS
System Approach
MANAGEMENT INFORMATION SYSTEM
MODULE-1
Introduction
Management Information System:
With the coming of the computer age, management information system [i.e. MIS) is
becoming popular in the corporate circle for giving quick information to the
management. The purpose of MIS is reporting and is to provide the necessary
information to the managers and supervisors at various levels to help them to discharge
their functions of organising, planning, control and decision making.
MIS is a scientific way of collecting; processing, storing and communicating
information relating to the various activities of an organisation to the various levels of
management so that management may be facilitated in discharging its functions
efficiently and run the organisation in an efficient manner for the betterment of all.
MIS enhances the quality of management and growth of the organisation by providing
timely, accurate and meaningful information for planning, organisation and control, No
management can ever succeed without continuous appraisal of its performance and
MIS by providing timely and meaningful information can be helpful in this regard.
MIS should be developed keeping in mind the information needs of all managers and it
should be based on cost- benefit analysis. It should be designed in such a way that it
covers all aspects of the organisation and it should be flexible to meet changing
management needs and changing inputs.
Management information system is a system designed in an organisation to provide
right information at the right time to facilitate managerial decision making. The need
for management information system has arisen because managerial decision making
has become very complicated due to fast changing economic, political, social, and
technological changes..
Definition of Management Information System:
1. “A formal method of collecting timely information in a presentable form in order to
facilitate effective decision making and implementation, in order to carryout
,organisational operations for the purpose of achieving the organisational goals”.-
Walter Kennevan
2. “An MIS is a system designed to provide selected decision oriented information
needed by management to plan, control and evaluate the activities of the corporation. It
is designed within a framework that emphasises profit planning, performance planning
and control at all levels.It contemplates the ultimate integration of required business
information, sub systems both financial and non-financial within the
company”.—Management Information System Committee of the Financial Executive
Institute
Management information system is a system consisting of people, machines,
procedures, databases and data models, as its elements. The system gathers data from
the internal and external sources of an organisation.
Meaning:
Management information system is an acronym of three words, viz., Management,
information, system .in order to fully understand the term MIS, let us try to
,understand these three words.
Management: Management is the art of getting things done through and with the
people in formally organised groups.
Managerial function:
Planning
Organising
Staffing
Directing
Controlling
Information: Information is data that is processed and is presented in a form which
assists decision- making.it may contain an element of surprise, reduce uncertainty or
provoke a manager to initiate an action.Data usually take the form of historical records.
In contrast to information, raw data may not be able to surprise us, may not be
organised and may not add anything to our knowledge.
DATA-------→PROCESSING →INFORMATION
System: The term system is the most loosely held term in management literature
because of its use in different contexts. However, a system may be defined as a set of
elements which are joined together to achieve a common objective. The elements are
interrelated and interdependent. The set of elements for a system may be understood us
input, process and output. A system has one are multiple inputs; these inputs are
processed through a transformation process to convert these input into outputs. The
three elements of a system are
INPUT------→PROCESS →OUTPUT
, Components of MIS
● People Resources: People are required for the operation of all
information system.
● Data Resources: Database holds processed and organized data.
● Software Resources: It includes all sets of information processing
instruction.
● Hardware Resources: Include all physical devices and materials used
in information processing.
● Process: is a step undertaken to achieve a goal.
Characteristics of MIS
MIS plays a very important role in every aspect of an organization. These
characteristics are generic in nature.
1. System Approach
2. Management Oriented
3. Need-Based
4. Exception Based
5. Future Oriented
6. Integrated
7. Long Term Planning
8. Sub-System Concept
9. Central Database
Characteristics of MIS
System Approach
