Management Information System (MIS)
Concept Overview β Educational Notes by Sachin Arora
1οΈβ£ Meaning of MIS
Management Information System (MIS) is a computer-based system that collects, processes, stores, and provides information to managers for planning, decision-making, and controlling operations in an organization.
In simple words:
βMIS gives the right information to the right person at the right time to make better business decisions.β
2οΈβ£ Components of MIS
MIS is made up of 4 main components:
| Component | Description |
|---|---|
| People | Users who manage, operate, and use MIS β like managers, staff, and IT team |
| Data | Raw facts collected from inside and outside the organization |
| Processes / Procedures | Methods to collect, process, analyze, and present data |
| Technology | Hardware, software, databases, and communication networks used to run MIS |
3οΈβ£ Objectives of MIS
- Support decision-making at all levels of management
- Provide timely, accurate, and relevant information
- Improve planning, control, and coordination
- Increase efficiency and productivity
- Help in problem-solving and spotting opportunities
4οΈβ£ Types of MIS
MIS is broadly classified into the following types based on the kind of support they provide:
| Type | Full Form | Purpose / Use |
|---|---|---|
| TPS | Transaction Processing System | Handles day-to-day routine transactions (e.g., billing, payroll) |
| DSS | Decision Support System | Helps managers make decisions using data and analytical models |
| ESS / EIS | Executive (Information) Support System | Provides summarized information to top-level executives |
| OAS | Office Automation System | Supports office work like document management, emails, and scheduling |
| KMS | Knowledge Management System | Stores and shares organizational knowledge and best practices |
π Notes Prepared By: Sachin Arora
Founder β Sachin Education Hub
For any Commerce Subject Classes β
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