Management information system: A management information system includes hardware

A management information system includes hardware, software, databases, networks, and people who interact with the system . Key Components of Management Information System (MIS) Let’s take a closer look at the key components and functions of a management information system : Management Information System (MIS ) is one of the five major Computer Based Information Systems (CBIS). Its purpose is to meet the general information needs of the managers in firm or organization. MIS is a computer based system that makes information available to users with similar needs. Management Information System (MIS ) consists of following three pillars: Management, Information , and System . These are explained as following below. Management: art of getting things done through and with ... Learn what management information systems (MIS) is and how this enterprise department controls an organization's hardware and software systems . Information Information , in MIS, means the processed data that helps the management in planning, controlling and operations. Data means all the facts arising out of the operations of the concern. Data is processed i.e. recorded, summarized, compared and finally presented to the management in the form of MIS report. System Data is processed into information with the help of a system . A system is made up of inputs, processing, output and feedback or control. Thus MIS means a system for ...