Management Information Systems

• Serve management level: provide reports and access to company data
• Input: Summary transaction data, high volume data, simple models
• Processing: Routine reports, simple models, low level analysis
• Output: Summary reports
• Users: Middle manager
• A management information system is a computer system designed to help managers plan and direct a businesses operations
• Provides management-oriented reporting usually in a predetermined, fixed format.
• Input of Management Information System
• Data that enters a management information system originates from both internal and external sources
• The most significant internal source is the organization's various transaction processing systems and enterprise resource planning systems.
• Outputs of Management Information Systems
1. Scheduled reports are produced periodically or on a schedule such as daily or weekly.
2. Demand reports are developed to give certain information at a managers request.
3. Exception reports are automatically produced when a situation is unusual or requires management action.
4. Drill down reports provide increasingly detailed data about a situation.
• Functional aspects of a Management Information system
1. Financial
2. Manufacturing
3. Marketing
4. Human resource management
5. Accounting
• Management Information System is an organized approach to the study of the information needs of an organization's management at every level in making operational, tactical and strategic decisions. In management information system, there is a component which gather the information and data is that inputting the data and make the data as information oriented and storing the data as well as making output report of the management.