Management Information System

Definition :- An integrated user-machine system for providing information to management and support them in the process of decision making .

MIS

Management

Information

Systems

Management
Management comprises the processes or activities that describe what managers do in the operation of the organization. Functions Planning organizing Controlling decision making.

Data & Information

Data vs. Information

Data A Given fact - a number, a statement, or a picture Represents something in the real world The raw materials in the production of information Information Data that have meaning within a context Data in relationships Data after manipulation

Data Versus Information

Monthly Sales Report for West Region Sales Rep: Charles Mann Emp No. 79154 Item Qty Sold Price TM Shoes 1200 $100

Data are raw facts or figures that are not directly used for decision making. Data has no meaning by itself. Information consists of processed data which is used for forecasting and decision making. When data is transformed into information it becomes meaningful.

Types of Data

The Characteristics of Valuable Information

The Characteristics of Valuable Information

What Is a System?
A System is a set of components that work together to achieve a common goal
Input Processing mechanism Feedback Output System boundary

Components of a System

Contd..
Subsystem: One part of a system where the products of more than one system are combined to reach an ultimate goal
Closed system: Stand-alone system that has no contact with other systems Open system: System that interfaces with other systems

Transformation Process

MIS
Definition A set of interrelated components that collect, manipulate, and disseminate data and information, and provide feedback to meet an objective Examples: ATMs, airline reservation systems, course reservation systems

Contd..
IS contain information about significant people, places and things within the organization or in the environment surrounding it

Why is MIS Important?

MIS affects all areas of business Manufacturing Accounting & Finance Human resources Marketing Top management

Components of Information System

INPUT

PROCESS

OUTPUT

FEEDBACK

Business Information System

Functions of an Information System

Computer-Based Information Systems (CBIS)

Computer-Based Information Systems (CBIS)

A single set of hardware, software, databases, telecommunications, people and procedures that are configured to collect, manipulate, store and process data into information

Components of a CBIS

Types of Information Systems

Information Systems

Operations Support Systems

Management Support Systems

Transaction Processing

Process Control

Enterprise Collaboration

Management Information

Decision Support

Executive Information

Systems

Systems

Systems

Systems

Systems

Systems

Goals of MIS To provide information to managerial end users to support their day-to-day decision making needs. To provide reports with correct information to the concerned manager at the right time To control, organize and plan better business operations. MIS uses databases and transaction processing systems for the storage of data and information. The overall MIS system is computerized that helps in reducing the manual work

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