A management information system (MIS) is an arrangement of systems and techniques that accumulate info from a scope of sources order it and gift it in a very clear organization. Administrators utilize a MIS to form reports that furnish them with a so much reaching diagram of all the knowledge they need to choose selections extending from day by day details to top-ranking procedure. These management information systems rely to a good extent on innovation to accumulate and show information, but the concept is additional seasoned than current registering advances.
Benefits: An organization advantages immensely by victimization associate degree MIS. This machine-driven system allows the organization to record, method and tabulate all of its business dealings and transactions. In addition, the information collected makes it doable to form necessary changes and enhancements to the gaey areas. Let us say, the organization will compare actual and projected sales and take steps to correct any deviations.
Types: There are a unit four types of MIS. The primary one, TPS (Transaction process System), is that the most basic. This technique processes routine, mundane and continual business transactions. Agency (Operations information Systems) gathers comprehensive information and tabulates it for operations managers to use and maximize their output and minimize losses. DSS (Decision Support Systems) and Es (Expert Systems) area unit the 2 types of MIS utilized by the highest management to form knowing and intelligent selections. The 2 sorts create in depth use of databases and modeling techniques
Limitations: MIS is heavily technology driven and so lacks a person’s component. The information delineate by the MIS is usually wealthy in nature. The experience of humans is required to research the information conferred and to form selections consequently.
Considerations The idea of the MIS has advanced over some undefined period involving numerous distinctive features of the authoritative capacity. MIS is a need in every one of the associations. The underlying idea of MIS was to process the information accessible in the association and exhibit it as reports at consistent interims. This idea is like a crude material also, the completed item. Nevertheless, information can be examined in various ways, delivering distinctive shades and particulars of the information as an item. It was, along these lines, requested that the system idea be an individual-situated, as every individual may have an alternate introduction towards the information.
MehmanNavaz, V. (2013). CONCEPTS AND APPLICATIONS OF MANAGEMENT INFORMATION SYSTEMS. Arabian Journal of Business and Management Review (Oman Chapter), 2(6), 6-15.
Lucas, H. (1982). Information systems concepts for management (2nd ed., McGraw-Hill series in management information systems). New York: McGraw-Hill.
MIS Q2: (Lavanya Pakala)
The principles of managerial information systems were used in many firms and in many areas. In recent days hospitals were using the managerial information systems principles in water management. This article will explain many principles in effective using of the water in hospitals. With the principles of the managerial systems, information integrity can be achieved, and the transcription errors will be reduced.
Optimization can be achieved with the managerial information principles. Patient health information can be analyzed using the big data principles along with the managerial systems. Physician Information Systems will improve the physician practices in the hospitals. All these principles will cut the cost and deliver high quality to the patients.
2. Information systems is a collection and storing of the data. The huge set of data is used in taking many business decisions. In this procedure, first the data is collected through various data sources and the data collected is then analyzed using various tools available. The analyzed data can be used in making many business decisions.
Many firms were using the integrated system of big data and information systems in analyzing the huge bulk data. This trend would be grown in the next 5 years.
3. Managerial Information systems were often used in ERP systems. These technologies were used in automated data update. Many ERP tools were used in increasing the efficiency and accuracy of the product. With the combination of the information system better results were extracted. ERP will help in integrating the business and management process. The supply performance will also be increased using the ERP systems. In achieving the objectives managerial systems were used in combination with many ERP tools. The integration of account payables, stock systems will help the customers in achieving better results. Many firms were using Managerial information systems in better implementing the strategic plans in achieving the success.
1. Naranjo-Gil, D. (2017). Accomplishing water strategy policies in hospitals: The role of management information systems and managerial styles. Water, 9(2), 107. doi:10.3390/w9020107
2. Yaser Hasan Al-Mamary, Alina Shamsuddin, Nor Aziati.( 30 December 2013) The Impact of Management Information Systems Adoption in Managerial Decision Making: A Review. Management Information Systems,Vol. 8 (2013), No. 4, pp. 010-017
ISS Q3: (Sumasindhu Pullela)
Data security is the crucial challenge for every owner of a firm with any kind of information. The company need to implement proactive measures and develop an awareness among the employee. Spies always pretend that they know more about your company. They try to acquire more information from the employee using social engineering. However, there are some recommendations that can be done to overcome the situation. In regards of receiving calls from the unidentified individual instruct the employees not to give any information. The individual who was suspected to be a vendor could have been an intruder or a member of a critical organization. Any inbound emails or calls from suspicious sources should be ignored and informed to the desired departments.
Installation of the call system which recognize threats would be more useful. This is called confidentiality of the information. Establishment of strong password, installation of antivirus, setting a firewall with security and educating the employees are the key factors for the prohibition of malware activities. Emails from unknown sources should be closely examined before opening such emails. Magnetic storage media which is discarded in the trash should have all files deleted. The employees should avoid filling their details on unfamiliar websites. Retired employee’s logins should be disabled. If the employee laptop is having sensitive data, the data should be encrypted. The employee laptop or desktops should not share with other’s when there is confidential data in it.
Finally, companies should take careful steps for example, security work force designated to limited regions, unapproved people far from the premises and CCTV establishment in the organization etc.
Data-Security Measures You Can’t Do Without, Retrieved June 23,2017 from