Learn about Management Information System

Learn about Management Information System -MIS

Q1 Define Management Information System?

* It is defined as a system which provides information support for decision making in the organization.
* It is defined as a system based on the database of the organization evolved for the purpose of providing information to the people In the organization.




Q2 What are the characteristics of a good MIS?

* Handling large data.
* Valid data and transactions.
* Quick search and retrieval.
* Communication on time.
* Fulfilling the changing needs of the organization.




Q3. Why we need MIS in business?

* Information is the blood and MIS is the heart of an organization.
* Help to clerical personnel in transaction processing.
* Help to junior management by proving the operational rate for planning, scheduling and controlling.
* Help to middle management in short term, strategic planning and evolving business plan.
* It helps in decision making to control situation.
* MIS plays a vital role in management, administration, operation of an organization.




Q4.Explain the framework of MIS?

There is large amount of data in the organization. In order to create good MIS we need a framework to structure the information from which we are able to use the information effectively for decision making.

There are three main activities in the framework:-

1. Strategic Planning: - In strategic planning we decide the objective of the organization.
2. Management control: - Management control is the technique from which the top level assures that the information is obtained and used effectively and efficiently.
3. Operational control: - In Operational control we verify that the specific task is carried out effectively and efficiently.




Q5. Why we need MIS in Business?

* Information is the blood and MIS is the heart of an organization.
* MIS help to clerical personnel in transaction processing.
* It helps to junior management by proving the operational rate for planning, scheduling and controlling.
* It helps to middle management in short term strategic planning and evolving business plan.
* It helps in decision making to control situation.
* MIS play a vital role in management, administration, operation of an organization.



Q6. What is the importance on MIS in our business?

* Minimizes the risk in decision making.
* Process data and retrieve information.
* Provide sound information regarding health of business organization.




Q7. Why MIS is successful in business?

* MIS is integrated into managerial functions.

1. It sets clear objective.
2. Adequate use of resources.

* MIS selects an appropriate information processing technology to meet data processing.

* MIS is oriented, defined and designed in term of user’s requirements.
* MIS has a basic capability to quickly meet new needs of information.




Q8. Why sometime MIS become failure in business?

* Lacks of training to users of information.
* A belief that MIS can solve the entire management problem.
* Adequate attention is not given to the quality control aspects of Inputs, Process, and Output.
* MIS does not give perfect information to all users in the organization.