You are on page 1of 10

Guru Nanak Institute of

Management
&
Technology
Core Related of MIS
With Management

Class Section
M.B.A. A

Submitted To Roll No. Submitted By


Miss. Sunpreet 80103317039 Nidhi
Management
Information System
Management Information System as the study of information system in business & management. The term management

information system (MIS) also designates a specific category of information systems serving management-level of functions. MIS

serve the management level of the organization, providing managers with reports or with on-line access to the organization’s

current performance & historical records. Typically, they are oriented almost exclusively to internal, not environmental or external,

events. MIS primarily serve the functions of planning, controlling & decision making at the management level. Generally, they

depend on underlying transaction processing systems for their data.

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 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. MIS combines tech with business to get

people the information they need to do their jobs better/faster/smarter. Information is the lifeblood of all organizations - now more

than ever. MIS professionals work as systems analysts, project managers, systems administrators, etc., communicating directly with

staff and management across the organization."


Definitions
of MIS
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."

Professor Allen S. Lee states that "...research in the information systems field examines more than the technological system, or just

the social system, or even the two side by side; in addition, it investigates the phenomena that emerge when the two interact."

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 practitioner-focused discipline. MIS has

also some differences with Enterprise Resource Planning (ERP) as ERP incorporates elements that are not necessarily focused on

decision support.
Management
Management in all business and human organization activity is simply the act of getting people together to accomplish desired

goals and objectives. Management comprises planning, organizing, staffing, leading or directing, and controlling or manipulating

an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing

encompasses the deployment and manipulation of human resources, financial resources, technological resources, and

natural resources.

Management can also refer to the person or people who perform the act(s) of management.
Definitions of
Management
Organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly

defined objectives. Management is often included as a factor of production along with machines, materials, and money.

According to the management guru Peter Drucker (1909–2005), the basic task of a management is twofold: marketing and

innovation.

Directors and managers who have the power and responsibility to make decisions to manage an enterprise. As a discipline,

management comprises the interlocking functions of formulating corporate policy and organizing, planning, controlling, and

directing the firm's resources to achieve the policy's objectives. The size of management can range from one person in a small firm

to hundreds or thousands of managers in multinational companies. In large firms the board of directors formulates the policy which

is implemented by the chief executive officer.


Functions of Management
Management operates through various functions, often classified :-

 planning

 organizing

 leading

 motivating

 controlling
 Planning :- Deciding what needs to happen in the future (today, next week, next month, next year, over the next
5years, etc.) and generating plans for action.

 Organizing :- (Implementation) making optimum use of the resources required to enable the successful carrying out of plans.

 Staffing :- Job Analyzing, recruitment, and hiring individuals for appropriate jobs.

 Leading : -Determining what needs to be done in a situation and getting people to do it.

 Controlling :- Monitoring, checking progress against plans, which may need modification based on feedback.

 Motivating : -the process of stimulating an individual to take action that will accomplish a desired goal.
Impact of MIS With
Management
Thank You

You might also like