The main objective of management information (MI) is the possession of the necessary informationon operational performance of the regular organization for planning and control. Traditionaltechniques such as intuition, general, personal whims and prestige, etc. are now consideredunnecessary in the process of decision making. Modern Management is constantly looking for specific quantitative information that can help analyze the alternatives proposed and those whochoose its decision. Thus, the functions of modern management information are more popularlyknown as "Information Management". And the system by which information is communicated tomanagement so-called "Management Information System (MIS).
MANAGEMENT INFORMATION SYSTEM
IN STANDARD CHARTERED BANK