Define MIS? What are the objectives and characteristics of MIS?”
MIS is popularly known as the Management Information System. MIS is considered asone such method of generating information which is used by management of organization for decision Making, control of activities, operations etc.During the period 1940 to 1960 computers were commercially used for census andpayroll work. This involved large amount of data and its processing. Since then thecommercial application exceeded the scientific applications for which the computer weremainly intended for.MIS is an information System which helps in providing the management of anorganization with information which is used by management for decision making.
Objectives of MIS:
Managers play a key role in any organization. They are responsible for taking decisionsappropriate to the need of the market. Information systems have become the main toolused by managers in decision making. Managers perceive information as the drivingforce to achieve success in any business. Hence there is a need for MIS as:Support of its business process and operationsSupport of decision making by its employees and managersSupport of its strategies for competitive advantage-Gaining a strategic advantageThe major roles of the business applications of a Management Information System may be represented in the pyramid form as shown below: