Course Content
International Business: Managing Business in the Globalization Era
International Business: Managing Business in the Globalization Era
0/2
Balance of Payment
Balance of Payment
0/1
Data Warehousing, Data Mining, and Knowledge Management – Concepts Managing Technological Change.
Data Warehousing, Data Mining, and Knowledge Management – Concepts Managing Technological Change.
0/7
Unit IX: Test Your Knowlege
Unit IX: Test Your Knowlege
0/1
Unit IX: International Business and Management Information Systems

πŸ“˜ MIS (Management Information System)


A specific category of information system serving middle managers by providing reports on the organization’s current performance.

MIS at the management level of an organization serves the functions of planning, controlling, and decision-making by providing routine summary and exception reports.

MIS helps middle managers in monitoring, controlling, decision-making, and administrative activities.


βš™οΈ The Functions of MIS:

  • 🧭 A. To support tactical and operational decision-making

  • πŸ”„ B. To process data into meaningful information

  • πŸ“ˆ C. To predict future data trends


πŸ’‘ Examples of MIS:

🧾 TPS (Transaction Processing System):

An information system that captures and records fundamental business events.

🏒 Enterprise Resource Planning (ERP):

Integrating core business processes across departments.

πŸ“Š DSS (Decision Support System):

  • Provides information for non-routine and complex decision-making

  • Helps in business decisions in ill-structured situations, often using a complex spreadsheet by creating β€œwhat if” models for the manager.