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Management Information System (MIS) is a system that provides information needed to manage organizations effectively. Management information systems are regarded to be a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management to solve business problems, decision making, or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.
In addition, the term MIS is used broadly in a number of contexts and includes decision support systems, resource and people management applications, project management, and database retrieval applications.
Effective MIS Involves Humans and Computers Working together
The major aspect to note is that MIS provides only the information; it is the responsibility of concerned managers to act on the information. It is the synergy between efficient, accurate and speedy equipment and humans with commonsense, intelligence and judgment that really gives power to MIS.
Article Sources: Wikipedia.org, SearchDataCenter.com, answers.com, http://EzineArticles.com/4838389