Thursday, December 20, 2012

Management Information System

Definition: Management Information Systems (MIS) is the term given to the field of battle focused on the integration of computer systems with the aims and objectives on an organisation. ??The culture and management of information technology tools supports executives and the general workforce in performing any tasks related to the processing of information. MIS and business systems ar especially useable in the collation of business info and the production of reports to be used as tools for finality making. Applications of MIS With computers beingness as ubiquitous as they are today, theres just now any large business that does not rely extensively on their IT systems. ??However, there are several specific field in which MIS has become in expensive. ??* Strategy Support ??While computers thronenot cause business strategies by themselves they can assist management in understanding the effects of their strategies, and help enable effective decision-making. ??MIS systems can be used to transform selective information into information useful for decision making. Computers can provide financial statements and performance reports to assist in the planning, monitoring and implementation of strategy.
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??MIS systems provide a valuable function in that they can collate into coherent reports intractable volumes of data that would otherwise be broadly useless to decision makers. By studying these reports decision-makers can identify patterns and trends that would have remained unseen if the crank data were consulted manually. ??MIS systems can also use these raw data to run simulations hypothetical scenarios that answer a range of what if questions regarding alterations in strategy. For instance, MIS systems can provide predictions about the effect on sales that an alteration in price would have on a product. These Decision Support Systems (DSS) enable more informed decision making within an enterprise than would be possible without MIS systems. ??* information Processing ?Not only do MIS systems allow for... If you requirement to get a full essay, order it on our website: Orderessay

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