Topics: Management, Decision theory, Information systems Pages: 3 (688 words) Published: November 24, 2013
A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively. [1] Management information systems are typically computer systems used for managing five primary components: 1.) Hardware,

2.) Software,
3.) Data (information for decision making),
4.) Procedures (design,development and documentation), and
5.) People (individuals, groups, or organizations).
Management information systems are distinct from other information systems because they are used to analyze and facilitate strategic and operational activities.

A management information system gives the business managers the information that they need to make decisions. Early business computers were used for simple operations such as tracking inventory, billing, sales, or payroll data, with little detail or structure.Originally, the term "MIS" described applications providing managers with information about sales, inventories, and other data that would help in managing the enterprise. Over time, the term broadened to include: decision support systems, resource management and human resource management, enterprise resource planning (ERP), enterprise performance management (EPM), supply chain management (SCM), customer relationship management (CRM), project management and database retrieval applications.

Management information systems provide a variety of information products to managers. Periodic Scheduled Reports are a traditional form of providing information to managers via a specified format designed to provide managers with information on a regular basis. Exception Reports are produced only when exceptional conditions occur. Exception reporting reduces information overload instead of overwhelming decision makers with periodic detailed reports of business activity. Demand Reports and Responses are available when the managers require immediate access to vital information. Web browsers, DBMS query languages, and report...
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