Management Information Services

Assignment: As a business man, how does MIS come handy to you for providing information at various stages of decision making in today’s world of ever increasing complexities of business management. Also mention the use of computer in MIS (Take any business as an example).

Introduction

Management information system (MIS) is one of the major computer based information systems. Its purpose is to meet the general information need of all my managers in the firm or in some organizational subunit of the firm. Subunit can be based on functional areas on management levels.

There are many definitions for MIS, but one of the most appropriate definitions describes management information system (MIS) as "an organizational method of providing past, present and projected information related to internal operations and external intelligence. It supports the planning, control and operation functions of an organization by furnishing uniform information in the proper time frame to assist the decision makers" (Waston, 1987). The information in MIS describes the firm or one of its major systems in terms of what has happened in the past, what is happening now and what is likely to happen in the future. The information is made is available in form of periodic reports, special reports and output of mathematical simulations. All managers use the information output as they make decisions to solve the firm’s problems (Raymond, 1990).

An MIS Model (Raymond, 1990)

The figure above well illustrates the MIS arrangement, I would have in my business enterprise to ensure I manage it well in this world of increasing uncertainties.

Decision – making

The relationship between information system and decision making is a central concern in the field of information system (IS). The main objective of information systems is helping decision makers by providing accurate and time based information helping them in making the right decisions in turbulent environment. A successful organization...