"MANAGEMENT INFORMATION SYSTEM"
Contents
I-INTRODUCATION
II- THE MANAGEMENT INFORMATION SYSTEM
A- It definition
B- MIS – Capabilities
III-APPLICATION OF MIS
A-Strategy Support
B- Data Processing
C- Marketing
IV- The Benefits of MIS
A- For Organization.
B- For People
CONCLUSION
OUT LINE
WORK CITED
I- Introduction
A management information system is a planned system of the collecting, processing, storing, and disseminating data in the form of information need to carry out the function of management. It is a documented report of the activities that were planned and executed. Management information systems were invented in the last decade of the last century. This report is about management information system, showing its history, application and its benefits.
II- The management information system
A- Its definition
A management information system is a system or a process 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. Most big organizations use management information systems that are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization. This system helps the managers to make decisions. 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.(1:1-3)
B- MIS capabilities
Management information system has a lot of capabilities. It facilitates access to information. It is integrated data sources and information system, which meet the particular needs and requirements of planning and decision making. It helps in reaching and understanding of the relevant processes on the basis of the available historic information. It provides information on the current situation of the organization. It also forecasts changes and impacts, either natural or man-made. Moreover, it forecasts the consequences of policy decision and measures before they are implemented in reality.(2:2-3)
III- Application of MIS
A- Strategy support
There are many applications of management information system. It can be applied in strategy support which is needed by the organization. While computers can not build business strategies by themselves, they help the management in understanding the effects of their strategies to make an effective decision. MIS can be used to transform data into information which is necessary for decision making. Management information system is a good supporter and assists in the planning, monitoring and implementation of strategies. Each company has a perfect and accurate management information system to carry out its strategies in the future.(3:1-4)
B- Data processing
Data processing is the second important application of management information system. The huge organizations always use “MIS” to process the gathered data about any new project for making the final decision. MIS has the ability to deal with vast amounts of information and data. The aim of any company is to achieve benefits. Through data processing by MIS, the company can gain vast amount of benefits. The management information system gives accurate information during processing the data of any project. MIS gives the final judgment of the data to the organization for making its decision.(1:2-4)
C. Marketing
Management information system can be applied in the marketing to know the modern and the current developments of the market. The company or the organization uses MIS to estimate and make assessment for the market. It also used to identify the cost of the product and its price in the market. Management information systems analyze the needs of the markets and give orders to the company to save these needs. MIS is widely-used in making decisions pertaining to marketing and marketing strategies. The aim of applying MIS is to know the changes of prices in the markets and the prices which the company sells its products.(2:1-3)
IV- The benefits of MIS
A. For companies
The companies gained a lot of benefits from using management information systems. These systems provided the companies with information about every new change in the markets to identify their strategies. Management information system helped the companies to get vast amounts of many MIS helps the companies to change their plans according t the changes of the market. It helps the companies to save their raw material consequencely. MIS helps in determining salaries, commissions and the income of the whole organization. MIS is widely used in companies for planning, leading, controlling and implementing strategies. (1:1-3)
B. For people
Management information system is not only useful for companies, but also for people especially the family leader. MIS helps the leader of the family to put plans for the budget of the family and its expenses. This budget may be weekly, monthly or every year. MIS helps the members of the family to know their daily tasks. MIS helps the family to organize their time between the work and amusement. MIS enables the family to exploit their free time in useful things such as reading, writing, shopping and drawing. MIS can be used to make control on the behaviors of the children and teenagers inside the family.(4:1-3)
Conclusion
This report is very useful for developments of companies through applying management information systems. Management information system has many application and capabilities in performing any task. Also , MIS has many benefits for companies and people especially the family member. Each company uses MIS to paln, organize, lead and control its projects in the future. There will be more and more developed management information systems in the future.
Outline
I. The management information system.
C- A- It definition
D- MIS – Capabilities
II. Application of MIS
A- Strategy Support
B- Data processing
C- Marketing
III. The benefit of MIS
A. For organization
B. For people
WORK CITED
1- Burner, Feed. Management Information System.
Free Linux e book: Cambrige University Press, 2010.
2- Geerders, Paul.” Internet knowledge for develop
Management Information System “.
May. 2004: 1-7<http:// know lede.cat.int/MIS/.com.hml>.
3- Lane Kevin. “Management Information System “. The free
Encyclopedia. 8th ed. 2010.
4- “Bpc”. What are mangment information System? December,5 2010.
5- Adel AL-Balawi “interview with Dr.Sharif Asmail”.December, 7, 2010.