Professional Documents
Culture Documents
ON STRUCTURE
OF MIS,
DECISION
MAKING AND
ROLE OF MIS.
MIS
MIS stand for MANAGEMENT INFORMATION
SYSTEM.
Key elements of MIS:
MANAGEMENT: It is defined as planning ,
organizing, directing and controlling the
business operation.
INFORMATION: the act of informing or the
state of being informed.
SYSTEM: It is a scientific method of
inquiring.
MANAGEMENT INFORMATION
SYSTEM
A MIS is an information system used for
decision making or for the coordination,
analysis, control and visualization of information
in an organization especially in a company. A
MIS are preliminary meant for providing
information from the data after processing them.
A MIS consists of people, equipment and
procedures to gather, sort, analyze, evaluate
and distribute needed and accurate information
to the decision maker.
CONCEPT OF MIS
A MIS is designed by an
organization for its smooth
functioning. A MIS, a decision
making instrument used by top
management, comprises of a set
of controls.
DECISION MAKING AND ROLE
OF MIS
Decision making is the process of making
choices by identifying a decision, gathering
information, and assessing alternatives
resolutions.
It is a developing concept leading to the
selection of course of action among
variation. Every decision making produce a
final choice for example a decision to raise a
purchase order.
TYPES OF DECISION
DECISIONS