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What are Management Information Systems?

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What are Management Information Systems?

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In their infancy, business computers were used for the practical business of computing the payroll and keeping track of accounts payable and receivable. As applications were developed that provided managers with information about sales, inventories, and other data that would help in managing the enterprise, the term “MIS” arose to describe these kinds of applications.

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Management Information Systems consist of hardware and software that are used to process information automatically. Commonly, MIS systems are used within organizations to allow many individuals to access and modify information. In many organizations, the management information system mainly operates behind the scene, and the user community is rarely involved or even aware of the processes that are handled by the MIS. A computer system used to process orders for a business could be considered a management information system because it is assisting users of the system in automating processes related to orders. Other examples of modern management information systems are websites that process transactions for an organization or even those that serve support requests to users. A simple example of a management information system might be the support website for a product could be considered an MIS because it returns information to the end user after some initial input is provided. Online bil

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Definition: Management Information Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organisation. The development and management of information technology tools assists executives and the general workforce in performing any tasks related to the processing of information. MIS and business systems are especially useful in the collation of business data and the production of reports to be used as tools for decision making. Applications of MIS With computers being as ubiquitous as they are today, there’s hardly any large business that does not rely extensively on their IT systems. However, there are several specific fields in which MIS has become invaluable. * Strategy Support While computers cannot create business strategies by themselves they can assist management in understanding the effects of their strategies, and help enable effective decision-making. MIS systems can be used to transform data into info

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A system, as defined by Abel B. Duro-Ishola (1992, p. 62) is A set of procedures used to accomplish a unified set of tasks to achieve some objective. Management Information Systems for HNC/HND BTEC Core Unit 7 (2002, p. 4) defined a system as A set of interacting components that operate together to accomplish a purpose. While a Business System is A collection of people, machines and methods organized to accomplish a set of specific functions. Larry Long and Nancy Long (2005, p. 370) said: A system is any group of components (functions, people, activities, events, and so on) that interface with and compliment one another to achieve one or more predefined goals. Information system is a generic reference to a technology-based system that does two things: providing information processing capabilities and providing information people need to make better, more informed decisions. While Management Information system is a computer-based system that optimizes the collection, transfer and presen

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