PRESENTATION ON STRUCTURE OF MIS, DECISION MAKING AND ROLE OF MIS.
MIS MIS stand for MANAGEMENT INFORMATION SYSTEM. Key elements of MIS: MANAGEMENT: It is defined as planning , organizing, directing and controlling the business operation. INFORMATION: the act of informing or the state of being informed. SYSTEM: It is a scientific method of inquiring.
MANAGEMENT INFORMATION SYSTEM A MIS is an information system used for decision making or for the coordination, analysis, control and visualization of information in an organization especially in a company. A MIS are preliminary meant for providing information from the data after processing them. A MIS consists of people, equipment and procedures to gather, sort, analyze, evaluate and distribute needed and accurate information to the decision maker.
CONCEPT OF MIS A MIS is designed by an organization for its smooth functioning. A MIS, a decision making instrument used by top management, comprises of a set of controls.
DECISION MAKING AND ROLE OF MIS Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternatives resolutions. It is a developing concept leading to the selection of course of action among variation. Every decision making produce a final choice for example a decision to raise a purchase order.
TYPES OF DECISION DECISIONS
PROGRAMMED NONOR STRUCTURED PROGRAMMED DECISION OR UNSTRUCTURED DECISION
SEMI STRUCTURED DECISION
MEANING 1) PROGRAMMED OR STRUCTURED DECISION: These are repetitive and routine decisions. The decision makers can follow a definite procedure for handling them to be efficient. 2) NON-PROGRAMMED OR UNSTRUCTIRED DECISION: These are the decision maker must provide judgement evaluation and insights into the problem definition. 3) SEMI STRUCTURED: Many decision have elements of both and are considered as semi structured decision in which only part of the problem has a clear cut answer provided by an accepted procedure.
ROLE OF MIS IN DECISION MAKING The MIS helps the top level management in goal setting, strategic planning and evolving the business plans and their implementation. The MIS plays the role of information generation, communication, problem identification and helps in the process of decision making.
ROLE PLAY BY MIS IN DECISION MAKING 1) INFORMATION ACCESS. 2) DATA COLLECTION. 3) COLLABORATION. 4) INTERPRETATION. 5) PRESENTATION.
STRUCTURE OF MIS MIS is a complex design on the basis of which the other sub information systems operate. MIS adopts a complex and multiple approach towards its structure. MIS is the sum total of all the information processing systems in an organization, which may be either public or private.
APPROACHES IN MIS STRUCTURE 1) THE CONCEPTUAL STRUCTURE a) Transactional processing system(TPS) b) Operational control information system. c) Managerial control information system. d) Strategic planning information system. 2) THE PHYSICAL STRUCTURE
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