Thursday, July 28, 2011

MIS

A management information system is a system that provides information needed to manage organizations effectively (1). Technology, information, and the people involved are the three primary resources involved with management information systems. There are four types of management information systems. These four types include: Transaction processing systems, management information systems, decision-support systems, and executive support systems. Management information systems have a few advantages. Management information systems allow the company to showcase their strengths and weaknesses because of the revenue reports, employee records, and other records and reports that have benefits for the company. By identifying these facets, it helps the company improve the processes and operations of the business. By using management information systems, the business is able to manage customer data. By managing customer data effectively, the company is capable of performing direct marketing. Direct marketing gives the customers exactly what they are looking for which enhances sales and helps the business in so many ways.

Management Information systems provide regular information to managers to allow them to make decisions based on data rather than guesses (2). This is so helpful because managers can advertise and make their product based on what the consumers want. It is much easier for the managers to make their decisions with data because they do not have to assume what the customers want; they know and have the information right in front of them. This data analysis, in which management information systems provide, plays a very significant role in the quality of the products and the business itself. Management information systems answer many questions for managers making their job much less stressful. It shows the manager what decisions to make and when to make these decisions. By having a quality and successful management information system, the managers of the businesses are able to make decisions when they are more informed about the situations instead of a disorganized state.

Management information systems provide a great deal of information on the past, present, and future and on relevant events inside and outside of the organization (3). Management information systems help organize the applications on the computer of the business. These applications on the business’ computer are not independent processing jobs, but they do so much for the business. By using these applications with management information systems, the manager’s job becomes so much easier because his decisions are practically made for him, the only thing that he has to do is follow through and complete the jobs.

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