Question

Topic: As we begin our course study on Management Information Systems, a favorable and beneficial exercise will be to consider; What is the definition and meaning of Management Information Systems as it pertains to business and business operations. (Consider who, what, when and where our study of Information Systems Management may apply.) At least 75-100 words

To begin this short exercise, I offer the following definition:

Information Systems Management: An organized approach to the study of the information needs of an organization's management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner.

In a management information system, modern, computerized systems continuously gather relevant data, both from inside and outside an organization. This data is then processed, integrated, and stored in a centralized database (or data warehouse) where it is constantly updated and made available to all who have the authority to access it, in a form that suits their purpose.

Answer 1

A management information system can be defined as a computerized database which contains different types of financial information which are organized and programmed in order to facilitate the occasional reports related to the operations and processes of each level of the management in any organization This can also be used for providing the customized report to the decision makers.

MIS can be seen as a network of different software and hardware which are combined o collect, process, store and distribute the relevant information and data to different elements of the organisational hierarchy for helping and assisting them to perform their normal managerial operations with the help of information technology for having increased business values and profits and it is mainly employed for effective and informed decision making coordination, analysis, controlling and visualization processes.