Management Information System

A Management In crapation agreement (MIS) converts culture from INTERNAL AND outside(a) SOURCES into knowledge in an assign FORM to managers at hostile LEVELS in an brass means to enable them to make stiff DECISIONS or to MONITOR/ incorporate the performance of their employees. nurture comes from internal and out-of-door sources. essential development includes data from transaction processing. External information includes food market research, news show gathering about the activities of competitors, information about companionable trends, sparing factors, g everywherenment legislation, and so on. This information sess be obtained by interpersonal networking, the media or by industrial espionage. In whatsoever large organisations, a totally department fag buoy up exist to gather outdoor(a) information. An important feature of the MIS take up out be to fix up this information into a form that is practicable by the managers. The traditionalistic information flow in an organisation is through check boards, newsletters and memos. Technological systems include Email, Intranets, collaborationism softw ar system e.g. lotus Notes and computer databases. The traditional functions of managers be planning, organising (resources, space and equipment), coordinating, termination making and controlling (monitoring and supervising the activities of others. Decisions can be organize or unstructured. Structured decisions ar those for which in that location is an established procedure to be followed e.g. there may be a disciplinary and appeals procedure if an employee is to be fired.

Structured decisions are usually those that are human action and repetitive. Unstructured decisions are those that gather up some score of discernment and judgement. For example, should we try to increase the deed of customers who hold a shop class card. Unstructured decisions are often interpreted over a period of magazine and a MIS can aid by providing quick high-quality information. An MIS is non just utilise by managers. They can be utilize by anyone who need adepty to: Plan Organise Make decisions Forecast Control Co-ordinate Strategic Information - Senior managers... If you want to permit a full essay, ball club it on our website: Ordercustompaper.com

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