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    Management Information Systems: Submitted By:nahidh N.A S1 Mba

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    Nahidh Ghafoor
    A management information system provides managers with information needed to effectively manage an organization. It involves technology, information, and people. There are four main types of management information systems: transaction processing systems, management information systems, decision support systems, and executive support systems. Management information systems produce regular reports for middle and operational managers based on data from transaction processing systems. Decision support systems compile information from various sources to help middle managers solve problems and make decisions. Executive support systems provide quick access to summarized reports for top executives.

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    Management Information Systems: Submitted By:nahidh N.A S1 Mba

    Uploaded by

    Nahidh Ghafoor
    31 views9 pages
    A management information system provides managers with information needed to effectively manage an organization. It involves technology, information, and people. There are four main types of management information systems: transaction processing systems, management information systems, decision support systems, and executive support systems. Management information systems produce regular reports for middle and operational managers based on data from transaction processing systems. Decision support systems compile information from various sources to help middle managers solve problems and make decisions. Executive support systems provide quick access to summarized reports for top executives.

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    A management information system provides managers with information needed to effectively manage an organization. It involves technology, information, and people. There are four main types of management information systems: transaction processing systems, management information systems, decision support systems, and executive support systems. Management information systems produce regular reports for middle and operational managers based on data from transaction processing systems. Decision support systems compile information from various sources to help middle managers solve problems and make decisions. Executive support systems provide quick access to summarized reports for top executives.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Download as pptx, pdf, or txt
    31 views9 pages

    Management Information Systems: Submitted By:nahidh N.A S1 Mba

    Uploaded by

    Nahidh Ghafoor
    A management information system provides managers with information needed to effectively manage an organization. It involves technology, information, and people. There are four main types of management information systems: transaction processing systems, management information systems, decision support systems, and executive support systems. Management information systems produce regular reports for middle and operational managers based on data from transaction processing systems. Decision support systems compile information from various sources to help middle managers solve problems and make decisions. Executive support systems provide quick access to summarized reports for top executives.

    Copyright:

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    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    Management Information Systems

    Submitted by:Nahidh N.A S1 MBA

    A management information system (MIS) is a system that provides information needed to manage organizations effectively. Management information systems involve three primary resources: technology, information, and the most important resource is people. A subset of the overall internal controls procedures in a business, which cover the application of people,documents,technologies,and procedures used by management accountants to solve business problems such as costing a product, service or business-wide strategy. MIS are distinguished from regular information systems in that they are used to analyze other information system applicable in operational activities in the organization.

    TYPES OF MANAGEMENT INFORMATION SYSTEMS


    There are mainly four types of information management systems such as:
    Transaction Processing Systems

    Management Information Systems


    DecisionSupport Systems Executive Support Systems

    1. TRANSACTION PROCESSING SYSTEMS (TPS)

    TPS collect and record the routine transactions of an organization.


    The examples for such systems are sales order entry, hotel reservations,payroll,employee record keeping, and shipping.

    2. MANAGEMENT INFORMATION SYSTEMS(MIS)

    MIS produce fixed, regularly scheduled reports. Based on data extracted and summarized from the

    firms underlying transaction processing systems


    (TPS) to middle and operational level managers to provide answers to structured and semi-structured decision problems.

    3. DECISION_SUPPORT SYSTEMS (DSS)

    o DSS are computer program applications used by middle management to compile information from a wide range of sources to solve problems and make

    decisions

    4. EXECUTIVE SUPPORTSYSTEMS (ESS)

    It is a reporting tool that provides quick access to


    summarized reports coming from all company and departments such as accounting, human resources and

    operations

    ADVANTAGES OF MANAGEMENT INFORMATION SYSTEMS

    Some of the benefits that can be attained for the different types of information management systems are: The company is able to highlight their strength and weaknesses due to the presence of revenue reports, employee performance records etc. The identification of aspects can help them the company to im prove their business processes and operations. .

    The availability of the customer data and feedback can help the company to align their business

    processes according to the needs of the customers.


    The effective management of customer data can help the company to perform direct marketing and

    promotion activities.
    Information is considered to be an important asset for any company in the modern competitive world. The consumer buying trends and behaviors can be predicted by the analysis of sales and revenue

    reports from each operating region of the company

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