OBJECTIVES OBJECTIVES OBJECTIVES OBJECTIVES OBJECTIVES

Definition of

Management Information Systems (MIS)

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What is Management?
Management = Manage + Men + T (Tactfully) i.e. manage people tactfully. Management is an art of getting things done through others. Management is what a manager does. The major responsibilities of a manager are to - make policies or plans or take decisions, - collect resources and allocate those resources according to the requisitions of the people or departments of org., - guide people in the right direction and make them efficient, - finally monitor the people and overall activities.
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 Management is the process of planning, organizing, leading and controlling the organizations human, physical, financial and information resources for achieving the goals of the organization effectively and efficiently. - Ricky W. Griffin.

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What is Information?
What is Information?
By information, we mean data that have been shaped into a form that is meaningful and useful to human beings. Data, in contrast, are set of raw facts and figures of objects or events. Information is summarized data or processed data. Show the figure

Data
0017, Beauty soap 1050 units @ Tk.13.40 Cost @ Tk. 12.50; Laundry soap 1750 units @ Tk. 12.75, cost @ Tk.11.25; Detergent powder 1260 packets @ Tk. 18.60, cost @ Tk. 16.30

Information
Inf. Sys.
Item No. 0017 Description Soap & Detergent Units Sold 4060 Total Sales Tk.59819

Figure: Data & Information

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What is System?
System is an organized assembly of components with special relationships between the components and all the components work together to attain a specific goals. For example, a business organization is a social system. Several departments work together to achieve its common goal. Our human body is a perfect example of system.

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Chapter 1

What Is an Information System? What Is an Information System? What Is an Information System?

A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization. Information system produces the information that organizations need to make decisions, control the operations, analyze problems, and create new products or services. Information systems transform raw data into useful information through three basic activities: input, processing, and output. From business point of view, an information system provides a solution to a problem or challenge facing a firm and provides real economic value V.K.Biswas to the business.

What is Management Information Systems?

A management information system (MIS) is a system or process that provides the information necessary to manage an organization effectively.
Management information systems (MIS) help managers to take decisions for managing the businesses successfully. Management information systems consist of computer resources, people, and procedures used in the modern business enterprise. The goal of MIS is to deliver information systems to the various levels of corporate managers so that they can take decisions and conduct their activities smoothly.
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Functions of Information System: Functions of Information Systems: Three activities in an organization system are to produce the information that organizations need to make decisions, control operations, analyze problems and create new products or services. These activities are input, processing, and output.

Chapter 1
Functions of an Information System

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Figure 1-3

Chapter 1

Functions of Information System:

Input: Input captures or collects raw data within the organization or from its external environment. Processing: Processing converts this raw input into meaningful information. Output: Output transfers the processed information to the people who will use it or to the activities for which it will be used. Feedback: Information systems also require feedback, which is output that is returned to appropriate members of the organization to help them to evaluate or correct the input stage.
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Basic Dimensions of Information Technology Dimensions of Information Systems:

Information Systems

ORGANIZATIONS

TECHNOLOGY

INFORMATION SYSTEMS

MANAGEMENT

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Dimensions of Information Systems: Organizations:

Key Elements:
People: Managers, knowledge workers, data workers, production or service workers. Structure: Relationship, organization chart , groups of specialists, products, geography. Operating procedures: Standard Operating Procedures or policies. (SOP, rules for action) Politics: Power to persuade others, get things done by others. Culture: is a fundamental set of assumptions, values, and ways of doing things, that has been accepted by most of its members.
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Dimensions of Information Systems: Management:

Levels:

Senior managers: make long-range strategic decisions about products and services. Middle managers: Carry out the programs and plans of senior management. Operational managers: monitor the firms daily activities.
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Dimensions of Information Systems: Computer Technology:

Hardware: Physical equipments. Software: set of electronic instructions that tell hardware what to do how to do. Storage: Physical media for storing data and the software.

Communications Technology: transfers data from one physical location to another.

Networks: link computers to share data or resources.

Users: People who use computer or technology.

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Digital Firm:
A Digital Firm is a one in which nearly all of the
organizations significant business relationships with customers, suppliers, and employees are digitally enabled and mediated; and core business processes are

accomplished through digital networks spanning the

entire organization or linking multiple organizations.