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MANAGEMENT INFORMATION SYSTEM
ROLLS OF MANAGEMENT INFORMATION
SYSTEM MEANIG OF MANAGEMENT IFORMATION SYSTEM MIS is a computer based information system which is basically concerned with processing data into information which is then communicated to the various departments in an organization to support the operations INTRUDUCTION OF MANAGEMENT INFORMATION SYSTEM
The concept of MIS is a
systematic and scientific approach to compile internal and external information into integrated and effective business information. MIS is not new to large busines Data Management:
MIS collects, stores, and
organizes vast amounts of data from various sources within the organization.Data Processing: It processes raw data into meaningful information through activities such as sorting, summarizing, aggregating, and calculating. Information Generation:
MIS generates timely and relevant
information in the form of reports, dashboards, and summaries for different levels of management.Data Presentation: It presents information in a format that is understandable and useful for decision- makers. Strategic Planning /Long-Term Planning:
MIS assists in strategic planning by
providing historical data, trend analysis, and forecasting information to help organizations make informed decisions for the future. Decision-Making:
MIS provides support for decision-
making by supplying accurate and It allows managers to explore different scenarios and assess the potential impact of decisions on the organization. imely information to managers. Coordination and Control /Resource Allocation:
MIS aids in the efficient allocation of
resources by providing insights into resource usage and performance metrics.Monitoring: It helps monitor and control organizational activities by tracking key performance indicators (KPIs) and highlighting areas that require attention.. Customer Relationship Management (CRM) / Customer Data:
MIS assists in managing customer
data, improving customer service, and facilitating targeted marketing efforts.Feedback Analysis: It helps analyze customer feedback, preferences, and behavior to enhance products and services... Risk Management:
MIS aids in identifying potential risks
and uncertainties by providing real- time data and analysis.Scenario Planning: It supports scenario planning and risk mitigation strategies, allowing organizations to proactively address challenges. Communication Facilitation:
MIS promotes communication and
information sharing between different departments within an organization.Reporting: It enables the creation and distribution of standardized reports, ensuring that everyone has access to consistent and accurate information.. MAKING OF THE PROJECT