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1) The document discusses management information systems (MIS), their functions, impact, and disadvantages. MIS helps management make decisions by providing organized information from internal and external sources.
2) MIS has had a major impact on organizations by allowing for speedy access, interpretation, and analysis of data which leads to quick decisions, actions, and increased productivity and profits. However, MIS also has disadvantages like being highly sensitive, difficult to budget, and only taking into account qualitative factors.
3) The document provides examples of how MIS has positively impacted different sectors like education, tourism, transportation planning, office automation, and banking.
1) The document discusses management information systems (MIS), their functions, impact, and disadvantages. MIS helps management make decisions by providing organized information from internal and external sources.
2) MIS has had a major impact on organizations by allowing for speedy access, interpretation, and analysis of data which leads to quick decisions, actions, and increased productivity and profits. However, MIS also has disadvantages like being highly sensitive, difficult to budget, and only taking into account qualitative factors.
3) The document provides examples of how MIS has positively impacted different sectors like education, tourism, transportation planning, office automation, and banking.
Авторское право:
Attribution Non-Commercial (BY-NC)
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Скачайте в формате DOC, PDF, TXT или читайте онлайн в Scribd
1) The document discusses management information systems (MIS), their functions, impact, and disadvantages. MIS helps management make decisions by providing organized information from internal and external sources.
2) MIS has had a major impact on organizations by allowing for speedy access, interpretation, and analysis of data which leads to quick decisions, actions, and increased productivity and profits. However, MIS also has disadvantages like being highly sensitive, difficult to budget, and only taking into account qualitative factors.
3) The document provides examples of how MIS has positively impacted different sectors like education, tourism, transportation planning, office automation, and banking.
Авторское право:
Attribution Non-Commercial (BY-NC)
Доступные форматы
Скачайте в формате DOC, PDF, TXT или читайте онлайн в Scribd
SET 1 MANAGEMENT INFORMATION SYSTEMS Q.1:-a. Explain the impact of MIS in the area of police Information system. b. What are the functions and disadvantages of MIS? Ans:-MIS is an Information system which helps in providing the management of an organization with information which is used by management for decision making. A management information system (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service 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. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert systems, and Executive information systems. During the period of preindustrial revolution most of the data processing was done manually. It was after the industrial revolution that the computers slowly started replacing manual labour. The modern digital computer was basically designed to handle scientific calculations. During the period 1940 to 1960 computers were commercially used for census and payroll work. This involved large amount of data and its processing. Since then the commercial application exceeded the scientific applications for which the computer were mainly intended for. MIS is an Information system which helps in providing the management of an organization with information which is used by management for decision making. Impact of MIS MIS has a major impact on the functions of any organization. The organization derives benefits from the systems in the following form: (a) Speedy access to information, (b) Interpretation of data, (c) Quick decisions, (d) Speedy actions, (e) Increased productivity and thereby increase in the profit (f) Reduced transaction cost The usage of Electronic media for data storage and processing the data is an integral part of MIS. The texts and images in electronic forms are effective in communicating ideas from source to destination. It is technology driven in the sense it revolves around wireless electronic gadgets, internet, money cards – credits cards, debit cards, id cards, atm cards etc. -2- MIS is very significant in modern day education system where we come across usage of LCDs, Smart boards, internet etc in class rooms. In the tourism MIS has led to radical changes in booking system, tourist information system, hotel facilities, accommodation facilities, transportation modes available, images of the facilities that could be provided etc. Function of MIS The main function of MIS is to help the managers and the executives in the organization in decision making. 1. Large quantities of data like customers information, competitors information, personnel records, sales data, accounting data etc is collected from internal sources like the company records and external sources like annual reports and publications. 2. The collected data is organized in the form of a database. 3. The data from the database is processed and analysed by using different tools and techniques. 4. The results of the analysis is properly presented to the managers to help them in decision making. Disadvantages of MIS 1. Highly senstive requires constant monitoring. 2. Budgeting of MIS extremely difficult. 3. Quality of outputs governed by quality of inputs. 4. Lack of flexiblity to update itself. 5. Effectiveness decreases due to frequent changes in top management 6. Takes into account only qualitative factors and ignores non-qualitative factors like morale of worker, attitude of worker etc... -3- MIS Teaching methodology Transportation planning Better Tourists Information Office automation Better Banking system Increased Production