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MIS and ERP Study Material

MIS and ERP Study Material

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Published by Soumya Sharma

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Published by: Soumya Sharma on Oct 22, 2011
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05/06/2013

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MIS AND ERP MaterialFor MBA 2
nd
SEMESTER ByMr.Satyabrata Kanungo
1
 
MODULE-1Management information system
A management information system (MIS) is a system that provides information needed to manage organizationseffectively.Management information systems are regarded to be a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by managementaccountants to solve business problems such as costing a product, service or a business-wide strategy.Management information systems are distinct from regular information systems in that they are used to analyzeother information systems applied in operational activities in the organization.Academically, the term is commonly used to refer to the group of information management methods tied to theautomation or support of human decision making, e.g. Decision Support Systems, Expert systems, andExecutive information systems
An 'MIS' is a planned system of the collection, processing, storage and dissemination of data in the form of information needed to carry out the management functions. In a way, it is a documented report of theactivities that were planned and executed. According to Philip Kotler "A marketing information systemconsists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed,timely, and accurate information to marketing decision makers."
The role of a
management information system
(MIS) is to provide a manager with sufficient information to makeinformed decisions to help him to carry out the above functions. The best definition of an MIS is:The role of a management information system is to convert data from
internal
and
external
sources intoinformation that can be used to aid in making
effective
 
decisions
for planning, directing and controlling.2
 
Organizational structure
An organizational structure consists of activities such as task allocation, coordination and supervision,which are directed towards the achievement of organizational aims. It can also be considered as the viewingglass or perspective through which individuals see their organization and its environment.
Many organizations have hierarchical structures, but not all.[citation needed]
An organization can be structured in many different ways, depending on their objectives. The structure of anorganization will determine the modes in which it operates and performs.
Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the branch, department, workgroup and individual.
Organizational structure affects organizational action in two big ways. First, it provides the foundation onwhich standard operating procedures and routines rest. Second, it determines which individuals get to participate in which decision-making processes, and thus to what extent their views shape the organization’sactions.
Organization structure:
3

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