Preview

Management Information System

Powerful Essays
Open Document
Open Document
3549 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Management Information System
MANAGEMENT INFORMATION SYSTEM DEFINED The scope and purpose of MIS is better understood if each part of the term is defined. Thus,

Management:-It has been defined in a variety of ways, but for our purposes it comprises the processes of activities that describe what managers do in their organization, plan, organize, initiate, and control operations. They plan by setting strategies and goals and selecting the best course of action to achieve the plan. They organize the tasks necessary for the operational plan, set these tasks up into homogeneous groups, and assign authority delegation. They control the performance of the work by setting performance standards and avoiding deviations from the standards. Because decision making is such a fundamental prerequisite to each of the foregoing processes, the job of an MIS becomes that of facilitating decisions necessary for planning, organizing, and controlling the work and functions of the business.

Information:-Data must be distinguished from information, and this distinction is clear and important for our purposes. Data are facts and figures that are not currently being used in a decision process and usually take the form of historical records that are recorded and filed without immediate intent to retrieve for decision making. Information consists of data that have been retrieved, processed, or otherwise used for informative or inference purposes, argument, or as a basis for forecasting or decision making.

Systems: - A system can be described simply as a set of elements joined together for a common objective. A subsystem is part of a larger system with which we are concerned. All systems are parts of larger systems. For our purposes the organization is the system and the parts (divisions, departments, functions, units, etc.) are the subsystems.

WHAT IS AN INFORMATION SYSTEM

An information system can be any organized combination of people, hardware, software,

You May Also Find These Documents Helpful

  • Powerful Essays

    M150a Review Questions

    • 2913 Words
    • 11 Pages

    Information : An item of knowledge that is generated by linking together items of data to answer question of interest.…

    • 2913 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Data is a group of information that are used for various purposes like analysis, evaluations and to arrive at certain results or conclusions. Data reporting is a process where data is extracted form a source or many sources and then converted into a format that can be used for a purpose.…

    • 2343 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    P1 Unit 4 Business Research

    • 2470 Words
    • 10 Pages

    Data is simply a "scientific" term for facts, figures, information and measurements. Example; People with white hair.…

    • 2470 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    MIS Homework 1r

    • 2982 Words
    • 10 Pages

    Information: A collection of facts organized and processed so that they have additional value beyond the value of the individual facts.…

    • 2982 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Week 3 Case Study CIS 500

    • 711 Words
    • 3 Pages

    Data is the raw material from which information is produced; for example, taking a look at the number of hours an employee worked for that particular week or the number of new Volvo sold in the first quarter (Turban & Volonino, 2011). Data is simply converted in to knowledge through splicing of the data together.…

    • 711 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Little Brown Handbook

    • 737 Words
    • 3 Pages

    * Information: The specific facts, examples, and other details that make the subject clear, interesting, and convincing.…

    • 737 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Research

    • 12175 Words
    • 49 Pages

    Information is processed data that becomes of use to someone as raw data on its own does not provide the kind of information that can be used for beneficial purposes. Information is meaningful, relevant and helps the user develop an understanding of the data that did not provide any coherence or certainty in what it represented.…

    • 12175 Words
    • 49 Pages
    Powerful Essays
  • Good Essays

    Information is data that has been processed in such a way as to be meaningful to the person who receives it. Businesses need information that is relevant to them.…

    • 1116 Words
    • 5 Pages
    Good Essays
  • Best Essays

    information based decision

    • 3304 Words
    • 14 Pages

    Information is data that has been processed so that it has meaning and value to a recipient,…

    • 3304 Words
    • 14 Pages
    Best Essays
  • Best Essays

    What is Data

    • 1888 Words
    • 7 Pages

    Data, information and knowledge are closely related terms, but each has its own role in relation to the other. Data is collected and analyzed to create information suitable for making decisions,[3] while knowledge is derived from extensive amounts of experience dealing with information on a subject. For example, the height of Mt. Everest is generally considered to be data. This data may be included in a book along with other data on Mt. Everest to describe the mountain in a manner useful for those who wish to make a decision about the best method to climb it. Using an understanding based on experience climbing mountains to advise persons on the way to reach Mt. Everest 's peak may be seen as "knowledge".…

    • 1888 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Information is a critical resource for decision making. It refers to data that has been processed and put into a meaningful context. . Information plays a significant role in our daily professional and personal lives and we are constantly challenged to take charge of the information that we need for work, fun and everyday decisions and tasks. Information is like water in my daily life. Information helps me quench my thirst for knowledge .I need information to make decisions and take action when needed. It helps me to find a solution to my problems by going through the alternative course of action available for that problem and select the best possible solution to me.…

    • 1131 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The term data refers to qualitative or quantitative attributes of a variable or set of variables. Data, which is the plural of datum are typically the results of measurements and can be the basis of graphs, images, or observations of a set of variables. Data are often viewed as the lowest level of abstraction from which information and then knowledge are derived. Raw data refers to a collection of numbers, characters, images or other outputs from devices that collect information to convert physical quantities into symbols that are unprocessed. The data being collected by Freeway Ford pertaining to the dates when cars were purchased and the names of the owners are just numbers and characters, and as my definition of Information below will show, the inability of Freeway Ford to translate this data into anything meaningful renders it short of being described as information.…

    • 323 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    A management information system (MIS) provides information that organizations need to manage themselves efficiently and effectively. Management information systems are typically computer systems used for managing five primary components: hardware, software, data, procedures, people. Management information systems are distinct from other information systems, in that they are used to analyze and facilitate strategic and operational activities. Academically, the term is commonly used to refer to the study of how individuals, groups, and organizations evaluate, design, implement, manage, and utilize systems to generate information to improve efficiency and effectiveness of decision making, including systems termed decision support systems, expert systems, and executive information systems.…

    • 3732 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Inputs: The inputs include package information, customer signature, pickup, delivery, time-card data, current location (while en route), and billing and customer clearance documentation.…

    • 2580 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    - Digital firm is one in which nearly all of the organization’s significant business relationships with customers, suppliers, and employers are digitally enabled and mediated.…

    • 2234 Words
    • 9 Pages
    Good Essays