A management informationed system (MIS) is a system that provides information needed to manage organizations efficiently and effectively.

[1] Management information systems involve three primary resources: technology, information, and people. It's important to recognize that while all three resources are key components when studying management information systems, the most important resource is people[according to whom?]. Management information systems are regarded as a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants 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 analyze other information systems applied in operational activities in the organization.[2]Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. decision support systems, expert systems, and executive information systems.[2]

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 the activities that were planned and executed. According to Philip Kotler "A marketing information system consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers."[3] The terms MIS and information system are often confused. Information systems include systems that are not intended for decision making. The area of study called MIS is sometimes referred to, in a restrictive sense, as information technology management. That area of study should not be confused with computer science. IT service management is a practitionerfocused discipline. MIS has also some differences with ERP which incorporates elements that are not necessarily focused on decision support. The successful MIS must support a business's Five Year Plan or its equivalent. It must provide for reports based upon performance analysis in areas critical to that plan, with feedback loops that allow for titivation of every aspect of the business, including recruitment and training regimens. In effect, MIS must not only indicate how things are going, but why they are not going as well as planned where that is the case. These reports would include performance relative to cost centers and projects that drive profit or loss, and do

 Executive support systems (ESS) is a reporting tool that provides quick access to summarized reports coming from all  . and in virtual real-time.  Management information systems (MIS) produce fixed.  Decision-support systems (DSS) are computer program applications used by middle management to compile information from a wide range of sources to solve problems and make decisions. The life cycle includes analysis. design. Any time a business is looking at implementing a new business system it is very important to use a system development method such as system development life cycle. employee record keeping. [edit] Types of information management systems There are many types of information management systems in the market that provide a wide range of benefits for companies. regularly scheduled reports based on data extracted and summarized from the firm’s underlying transaction processing systems (TPS) to middle and operational level managers to provide answers to structured and semi-structured decision problems. testing and implementation. payroll.so in such a way that identifies individual accountability. requirements. hotel reservations. Examples of such systems are sales order entry. Transaction processing systems (TPS) collect and record the routine transactions of an organization. and shipping. development.

accounting. human resources and operations. [edit]Advantages of information management systems The following are some of the benefits that can be attained for different types of information management systems. inventory management and distribution. production. marketing.company levels and departments such as accounting. employee performance records etc. .  Giving an overall picture of the company and acting as a communication and planning tool.[4] The company is able to highlight their strength and weaknesses due to the presence of revenue reports. Modules of ERP systems may include finance. also known as enterprise resource planning (ERP) systems provide an organization with integrated software modules and a unified database which enable efficient planning. and controlling of all core business processes across multiple locations. The consumer buying trends and behaviors can be predicted by the analysis of sales and revenue reports from each operating region of the company. The effective management of customer data can help the company to perform direct marketing and promotion activities.  The availability of the customer data and feedback can help the company to align their business processes according to the needs of the customers. managing. The identification of these aspects can help the company to improve their business processes and operations. human resources.  [edit] Enterprise applications  Enterprise systems.  Information is considered to be an important asset for any company in the modern competitive world.

tech support etc. retrieval. refers to the IT related management activities in organizations. networks and data centre facilities. practices and skills.[3] .[2] IT Management. This requires the alignment of technology andbusiness strategies. as stated in the above definition. the free encyclopedia IT management is the discipline whereby all of the technology resources of a firm are managed in accordance with its needs and priorities. like change management. These resources may include tangible investments like computer hardware. MIS as it is referred to is focused mainly on the business aspect with a strong input into the technology phase of the business/organization. This may include suppliers. and collaborative team instead of a purely mechanistic span of control according to Bird. software design. data. and service. staffing. as well as the staffs who are hired to maintain them. likebudgeting. this increase requires business and technology management to work as a creative. software. accounting records. This may include documents.  Customer relationship management (CRM) systems help businesses manage relationships with potential and current customers and business partners across marketing. manufacturer. retailers and final customers. and dissemination of knowledge. Information technology management From Wikipedia. along with other aspects that are unique to technology.  Knowledge Management System (KMS) helps organizations facilitate the collection. synergistic. A primary focus of IT management is the value creation made possible by technology. recording. Management information systems refer to information management methods tied to the automation or support of human decision making. and unrecorded procedures. wholesalers.[1] IT Management is a different subject from management information systems. and organizing and controlling. However. Managing this responsibility within a company entails many of the basic management functions. network planning. While the value creation for an organization involves a network of relationships between internal and external environments. Supply chain management (SCM) systems enable more efficient management of the supply chain by integrating the links in a supply chain. technology plays an important role in improving the overall value chain of an organization. organization. sales.

cloud computing.[1] The term in its modern sense first appeared in a 1958 article published in the Harvard Business Review. processing. textual and numerical information by a microelectronics-based combination of computing and telecommunications. the free encyclopedia (Redirected from Information Technology) Information technology (IT) is the acquisition. storage and dissemination of vocal. global information systems. We shall call it information technology (IT). bioinformatics. Some of the modern and emerging fields of Information technology are next generation web technologies. . etc. large scale knowledgebases. pictorial. in which authors Leavitt and Whisler commented that "the new technology does not yet have a single established name."[2].Information technology From Wikipedia.

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