A management information system (MIS) is a subset of the overall internal controls of a
business covering the application of people, documents, technologies, and procedures by
management accountants to solving business problems such as costing a product, service or a business-wide strategy. Management information systems are distinctive from regular information systems in that they are used to analyze other information systems applied in operational actions in the organization. A 'MIS' is a system for the collection, treatment, storage and dissemination of data in the form of information necessary to carry out the functions of management. MIS and information system are frequently confused. The information systems include systems that are not planned for decision making. The area of study, MIS is sometimes referred to, in a restricted sense, as information technology management. It should not be confused with the computer science. MIS also having some differences between Enterprise Resource Planning (ERP) as ERP incorporates elements that are not essentially focused on decision support. Today, the term used widely in a number of contexts are includes (but is not limited to): decision support system, source and people management application, project management and data base retrieval application. By Funnydidi May 28, 2011