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MIS

An MIS is used to collect, store, analyse and present data for an organisation.

The system processes a large amount of data and organises it (such as in databases) so that it can be used for decision making
and general data analysis.

An efficient MIS can be used to display the financial status of an organisation, highlight areas of improvement and generate
sales forecasts based on current data.
• Specifically, a bank could use an MIS
for:

• Looking at the number of customers


that visit each branch.

Bank usage • Forecasting takings based on historical


data.

• Profiling customers.
• Collecting data- by using surveys or paper based
methos which can be handed out in store. Or even
use the software they may own to identify certain
products- via the database
• Storing data- these info tend to be storge in paper
based form or SSD- this therefore could provide a
sense of security if protected well, as paper based
can be filed away safely.

Charity Usage • Retrieval- using their database obtain the desired


search such as numbers customer relating to what
days.

• Manipulation and processing data- can be used into


a spreadsheet or graphs in order to make it easier to
read or interpret
• Analysing populous sales – they analyse can data to
aid business decision as a result would lead to more
reasonable less free decision

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