A management information system (MIS) is a system or process that provides information needed to manage organizations effectively Management information systems are regarded to be a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational 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 Executive information systems. When this all of this activities run in the organization it face some positive and negative impact. Here in this assignment try to focuse some of this negative and positive impact of MIS in Organization.
Information systems have become integral, online, interactive tools deeply involved in the minute-to-munite operation and decision making of large organizations. Over th last decade, information systems h ave fundamentally ltered the economics of organizations and greatly increatly increased the possibilities for organizining work. Theories and concepts from econnomics and sociology help us understand the change brought about by ITInformation systems and the organizations in which they are used interact with and influence each other. The introduction of a new information sysytems will affect organizational structur, goals, work design, values, competitions between interest groups, decision making, and day to day behavior. At the same time, information systems must be designed to serve the needs of important organizational group and will be shaped by the organization’s structure business processes, goals culture, politics and management.information technology can reduce transaction and agency coasts, and such changes have been accentuated in organizations using the internet. New systems disrupt established patterns of work and power relationsships, so there is often considerable resistance to them when they are introduced. Information technology (IT) has changed the way the world does business and has had a great affect on traditional management functions. Management no longer has to rely on manual processes and a paper trail to perform everyday transactions. IT has automated many of these key management activities. For instance, e-mail has accelerated communication while the Internet allows instant access to branch offices, bank accounts and information. While beneficial, IT has also created a host of new challenges, such as data security and compliance. Because of the explosion of electronic data, many executives are feeling the pressure to better management critical information.
IT mainly serves to cut down the amount of resources spent on repetitive and time-consuming tasks. IT increases worked productivity and frees up employees time to spend on value added services Here we give some of the positive and negative impacts Positive Impact
1) Reduce Relative Cost:
2) Lower market transaction cost
3) Lower agency cost
4) Flatterns Organization
5) Encourages task force-netwark
6) Increasingly relics on knowledge and competence
7) No Boundary
8) Create and distribute new product
9) Increasing flexibility of Organization
10) Help to reach of larger Organization
11) Customization and personization
12) Achive agility and responsiveness
13) It bound up internal politics
14) It potentially change an Organization
15) Rapidly rebuilding key bussiness process
16) help to take decisionor Improve decision making policy 17) Help to understand and change the...