A management information system is an advanced system to manage a company’s or an institution’s information system. it is a computerized database to organize and program in such a way so that it generates methodical reports for each level of a company.
Reports for some special events can easily be obtained from the management information system. in simple words, the Management information system or MIS provides feedbacks to managers themselves about their performances. With the help of this system, top management can supervise the whole company.
This system compares the “actual” results with the planned results and also with the results of last year. In this way, it is helpful to measure the progress of the company compared to last year’s performance and targeted goal. Management information system collects data from different units of the company and functions.
However, some data is collected on its own through connected computer counters and remailing data entered into the system periodically. Reports are generated on intervals and can also be obtained on-demand using built-in query language.
Advantages of using management information system.
i) Provides an inclusive picture of an organization.
ii) MIS enhance the operational productivity of an organization.
