ASSIGNMENT ON MANAGEMENT INFORMATIONSYSTEMS
a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied inoperational activities in the organization. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert systems, and Executiveinformation systems.An 'MIS' is a planned system of the collecting, processing, storing and disseminatingdata in the form of information needed to carry out the functions of management.According to Philip Kotler "A marketing information system consists of people, equipment,and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurateinformation to marketing decision makers." The terms MIS and information system areoften confused. Information systems include systems that are not intended for decisionmaking.The area of study called MIS is sometimes referred to, in a restrictive sense, asinformation technology management. That area of study should not be confused withcomputer science. IT service management is a practitioner-focused discipline. MIS has alsosome differences with Enterprise Resource Planning (ERP) as ERP incorporates elementsthat are not necessarily focused on decision support. MIS has a major impact on thefunctions of any organization.The organization derives benefits from the systems in the following form:a) Speedy access to information, b) Interpretation of data,c) Quick decisions,d) Speedy actions,e) Increased productivity and thereby increases in the profitf) Reduced transaction cost.
In any organization managers will have varieties of tasks to manage. MIS is mainlydesigned to take care of the needs of the managers in the organization.
Organizations will have different departments like marketing, production, sales,inventory, maintenance etc. Each of these departments function individually andalso in relationship with other departments. Information is available in abundance.
RAHUL GUPTA, MBAHCS (2
SEM), SUBJECT CODE-MB0031, SET- 1Page 2
This unit will introduce you to the concept of MIS and the impact it has on business organizations. Most people recognize that information systems are composed of technologies such as computers, keyboards, and networks, but technology is just one small component. Some argue that other components of MIS are far more important. Information systems are made up three high-level components: technology, people, and process. Later in the course, you will spend more time learning about the specifics of each of the three components introduced in this unit.
Innovation drives MIS. The right technology, processes, and people come together to solve problems utilizing new techniques and strategies. In this unit, you will also look at the applications of MIS in business and learn how far MIS has come since the inception of the information age.
Completing this unit should take you approximately 6.5 hours.