Categories

Strategic Information Managerial Information Operational Information

Input

Process

Output

Open
Closed

An organized combination of

People

Hardware
Software Communications networks

Data resources
Policies and procedures

that stores, retrieves, transforms, and disseminates information in an organization.

MIS can be defined as a system providing management with accurate and timely information necessary to facilitate the decision-making process and enable the organizations planning, control, and operational functions to be carried out effectively

Management information system was built in the 1960s. Companies all over the world use them both for efficient and effective business operations.

Database is a collection of tables.

Processing time is reduced

Centralized files Storage space duplication is reduced

Easy access

Banking Bank Of America

People - Tellers, Helplines , management Software- Windows (OS), banking application, mobile utility, online services

Hardware: ATMS, PCs, Scanners, Currency counter

Database Oracle, Access, etc Procedure Services, Banking online

Establish hierarchical structure

Establish work flow charts Audits Procedures listed in MIS

Most MIS reports are historical

Databases are not in line with user requirements Low reliability in some cases. Personnel resist MIS.

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