what is management information system?
what is management information system? MANAGEMENT INFORMATION SYSTEM MIS is an integrated information system, which is used to provide management with needed information on a regular basis . The term system in MIS implies ORDER, ARRANGEMENT, and PURPOSE. The information can be used for various purposes, -strategic planning -delivering increased productivity -reducing service cycles -reducing product development cycles -reducing marketing life cycles -increasing the understanding of customers’ needs -facilitating business and process re-engineering. MIS can also be used across the organization as an information utility to -support policy making -meet regulatory and legislative requirements -support research and development -support consistent and rapid decision making -enable effective and efficient utilization of resources -provide evidence of business transactions -identify and manage risks -evaluate and document quality, performance and achievements. MAKING INFORMATION AVAILABLE The
