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  • Dbit Principals of Management Assingnment 3

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    Management information systems (MIS) use hardware, software, data, people, and networks to capture, process, store, and disseminate data for planning and decision-making. An MIS provides managers across an organization with timely, reliable information. It can reduce costs, facilitate coordination, and improve data accuracy and human resources. However, implementing an MIS requires extensive employee training and has high expenses. Once created, an MIS may also lack flexibility.

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    Management information systems (MIS) use hardware, software, data, people, and networks to capture, process, store, and disseminate data for planning and decision-making. An MIS provides managers across an organization with timely, reliable information. It can reduce costs, facilitate coordination, and improve data accuracy and human resources. However, implementing an MIS requires extensive employee training and has high expenses. Once created, an MIS may also lack flexibility.

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    1 views2 pages

    Dbit Principals of Management Assingnment 3

    Uploaded by

    Glen Murayi
    Management information systems (MIS) use hardware, software, data, people, and networks to capture, process, store, and disseminate data for planning and decision-making. An MIS provides managers across an organization with timely, reliable information. It can reduce costs, facilitate coordination, and improve data accuracy and human resources. However, implementing an MIS requires extensive employee training and has high expenses. Once created, an MIS may also lack flexibility.

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    DBIT PRINCIPALS OF MANAGEMENT ASSINGNMENT 3

    GLEN MURAYI

    21/07581

    1. Define management information system-a computer system consisting of hardware and


    software that serves as the backbone of an organizations operations
    2. Components of a typical MIS
    Hardware- include various input and output devices that help in feeding data as well as
    displaying information
    Data-the recorded day to day business transactions
    Software-includes all sets of information processing instructions
    People-are required for the operation of all information system
    3. Advantages of management information system
    Reduce operational cost
    Facilitate coordination
    Improve data accuracy
    Improve quality of human resources

    4. Types of information systems


    -Office automation system-is a network of various tools, people, technologies required to
    perform clerical and managerial tasks
    -Knowledge management system-stores and extracts information to help users to enhance their
    knowledge and optimize collaboration efforts to complete tasks
    -Management information system-uses various transaction data from the transaction process
    system to help middle management optimize planning and decision making
    -Decision support system-processes data to assist in decision-making

    5. Qualities of a good information system


    Complete
    Understandable
    Reliable
    Available
    Timely
    Cost effective
    6. Limitations of a management information system
    Employee training-length and depth of training may vary making it difficult to estimate the cost
    of training
    Management information system expense-implementation can be really expensive for
    companies looking to manage their operations more effectively
    Flexibility-once a MIS is created and installed in a company it may prove to be an inflexible
    system

    7. Uses of Information systems in management- provide the owner and other decision maker at a
    business with the data needed to make informed decisions at a company
    8. Five resources of information system
    Hardware – the system components in which we can physically touch
    People- human element needed to run the system
    Software-needs to know what to do further dividing it into two that is system software and
    application software
    Data-generally store information in a database system
    Network-a system in which the system is connected through a transmission media

    9. Role of MIS
    Data capturing-capture data from various internal and external sources of organizations
    Processing of data-data is processed to convert it into required information
    Storage of information-stores processed and unprocessed data for future use
    Retrieval of information-retrieve information from its stores as when required by its users
    Dissemination of information-information which is finished is disseminated to the users in the
    organization
    10. Characteristics of management information system
    System approach-implies a holistic approach to the study of the system and its performance
    Management oriented-the system development starts from the determination of management
    needs and overall business objectives
    Need-based-MIS design and development should be asper information needs of managers at
    different levels, strategic planning level, management control level and operational control level

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