Saturday, 16 November 2013

MANAGEMENT INFORMATION SYSTEMS & CHARACTERISTICS:


Management Information Systems are extensively used in generating statistical report of any organization which can be used to study management by behavior. They set objectives to their employees using ratio analysis. Management also uses MIS for decision making from the low level management to top level management.

MIS CHARACTERISTICS:

  1. It supports transaction handling and record keeping.
  2. It is also called as integrated database Management System which supports in major functional areas.
  3. It provides operational, tactical, and strategic level managers with east access to timely but, for the most, structured information.
  4. It supports decision - making function which is a vital role of MIS.
  5. It is flexible which is needed to adapt to the changing needs of the organization.
  6. It promotes security system by providing only access to authorized users.
  7. MIS not only provides statistical and data analysis but also works on the basis on MBO.

1 comment:

  1. Hey, Very useful information is provided here, thanks. If we are talking about our business growth then we need to monitor objective and key responsibilities carefully. this could be done through OKR Software services.

    https://www.qilotech.com/okr-software

    ReplyDelete