Management Information System

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Last updated 12:36 AM on 5/28/24
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23 Terms

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three component of mis

system

information

management

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management

covers the planning, control, and administration of the operations of a concern

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system

made up of inputs, processing, output, and feedback or control

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information

means the processed data that helps the management, controlling, and operations

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management information system

a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management

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objectives of mis

capturing data

processing data

information storage

information retrieval

information propagation

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capturing data

operational information that will contribute in decision making from various internal and external sources of organization

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processing data

the captured data is processed into information needed for planning, organizing, coordinating, directing and controlling functionalities at strategic, tactical and operational level

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information storage

information or processed data need to be stored for future use

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information retrieval

the system should be able to retrieve this information from the storage as and when required by various users

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information propagation

information or the finished products of the mis should be circulated to its users periodically using the organizational network

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management information system

can be defined as information systems that provide reports which assist managerial monitoring and control of organizational functions

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process

at the core of the system is some kind of process that turns into outputs

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monitoring mechanism

this mechanism gathers information about the outputs from the process

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comparison mechanism

this compares the information gathered about current performance with information on previously-set plans, benchmarks, targets, etc.

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control mechanism

this decides upon and then ensures implementation of corrective action a]based on the output of the comparison

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inputs

the resources that are used by the organization

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outputs

the direct services or products produced by the organization

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outcomes

the wider impacts of organizational outputs

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operational management

this role often largely supervisory in nature

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tactical management

mis for this role operate in the same areas as for operational management, but take an organizationally-broader and longer term perspective

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strategic management

however, rational description places a particular emphasis on planning and, for more senior managers, on an integrated view of the organization

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