BY AMIT HATWALNE 36 GEETANJALI JOHAR 38

INTRODUCTION AND DEFINITION

NEED FOR MIS

OBJECTIVES OF MIS

APPROACHES OF MIS

 Management

information systems (MIS) deals with the information requirements of the business organisation. MIS is defined as a combination of human and computer based resources that result in collection , storage , retrieval , communication and use of data for the purpose of efficient management of operations and for business planning.

 It

is viewed as a means of converting data into information for the purpose of decision making. uses both human and capital resources. is based on the fundamental principles and practices of management

MIS

It

 It

is needed for performing management functions effectively. For effectively decision making. Minimize the element of surprise. It facilitates proactive and reactive decision making. It can act or function both as an instrument of defense as well as a weapon for offense with strong strategic planning base.

 To

provide right type of accurate information at the lowest cost and the right time. To ensure that managerial activities are provided with adequate and appropriate information support. To ensure information overload situation as well as generation of redundant information is avoided. The main function of MIS is to help the managers and the executives in the organization in decision making.

There are two approaches to MIS:

1.

Technical Approach

2.

Behavioural Approach.

Centered around mathematical and normative models. Emphasizes on scientific modeling of businesses, technology and capabilities of systems. Computer Science, Management Science and Operations Research.

 It

looks at the psychological, sociological and economic aspects of the system.

This 1. 2. 3. 4.

approach deals with issues of: Design, Implementation, Business integration, Management.

 MIS

is always management oriented and keeps in view every level of management and gets the desired information. Effective MIS helps the management to know deviations of actual performance from pre-set targets and control things. MIS is highly computerized so it shows accurate results. MIS adds to the intelligence, alertness, awareness of managers by providing them information in the form of progress and review reports of an ongoing activity.