Project and Literature Review on Effectiveness of Employee Welfare Facilities

Topics: Information technology management, Information systems, Decision theory Pages: 11 (2245 words) Published: May 26, 2012
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Management information system

From Wikipedia, the free encyclopedia
|[pic] |This article is written like a personal reflection or essay rather than an encyclopedic description of the subject. | | |Please help improve itby rewriting it in an encyclopedic style. (January 2011) |

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A management information system (MIS) provides information needed to manage organizations efficiently and effectively.[1] Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization.[2]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.[2]

|Contents |
|  [hide]  |
|1 Overview |
|2 History |
|3 Terminology |
|4 Types |
|5 Advantages |
|6 Enterprise applications |
|7 Developing Information Systems |
|8 See also |
|9 References |
|10 External links |


Initially in businesses and other organizations, internal reporting was produced manually and only periodically, as a by-product of the accounting system and with some additional statistic(s), and gave limited and delayed information on management performance. Data was organized manually according to the requirements and necessity of the organization. As computational technology developed, information began to be distinguished from data and systems were developed to produce and organize abstractions, summaries, relationships and generalizations based on the data.

Early business computers were used for simple operations such as tracking sales or payroll data, with little detail or structure. Over time, these computer applications became more complex,hardware storage capacities grew, and technologies improved for connecting previously isolated applications. As more and more data was stored and linked, managers sought greater detail as well as greater abstraction with the aim of creating entire management reports from the raw, stored data. The term "MIS" arose to describe such applications providing managers with information about sales, inventories, and other data that would help in managing the enterprise. Today, the term is used broadly in a number of contexts and includes (but is not limited to): decision support systems, resourceand people management applications, enterprise resource planning (ERP), enterprise performance management (EPM), supply chain management (SCM), customer relationship management (CRM),project management and database retrieval applications.

The successful MIS supports a business's long range plans, providing reports based upon performance analysis in areas critical to those plans, with feedback loops that allow for titivation of every aspect of the enterprise, including recruitment and training regimens. MIS not only indicate how things are going, but why and where performance is failing to meet...
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