π MIS (Management Information System)
A specific category of information system serving middle managers by providing reports on the organizationβs 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.
βοΈ The Functions of MIS:
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π§ A. To support tactical and operational decision-making
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π B. To process data into meaningful information
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π C. To predict future data trends
π‘ Examples of MIS:
π§Ύ TPS (Transaction Processing System):
An information system that captures and records fundamental business events.
π’ Enterprise Resource Planning (ERP):
Integrating core business processes across departments.
π DSS (Decision Support System):
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Provides information for non-routine and complex decision-making
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Helps in business decisions in ill-structured situations, often using a complex spreadsheet by creating βwhat ifβ models for the manager.