MBA (General) - IV Semester, Information Technology and E-Business, Unit 4.2
Developing Business/IT Solutions
The Wikipedia encyclopedia has defined the Management Information System as– the subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service or a business-wide strategy. In a larger view, a Management Information System is a system or process that provides the information necessary to manage an organization effectively.
Introduction
The Wikipedia encyclopedia has defined the
Management Information System as– the subset of the overall internal controls
of a business covering the application of people, documents, technologies, and
procedures by management accountants to solving business problems such as
costing a product, service or a business-wide strategy. In a larger view, a
Management Information System is a system or process that provides the
information necessary to manage an organization effectively.
MIS and the information it generates, are generally
considered essential compo-nents of prudent and reasonable business decisions.
MIS is also popularly known as the Information System, the Information and
Decision System, the Computer-based Infor-mation System.
Information System (IS) refers to a system of
people, data records and activities that process the data and information in an
organization, and it includes the organization’s manual and automated
processes.
In a narrow sense, the term information system
(or computer-based information system) refers to the specific application
software that is used to store data records in a computer system and automates
some of the information-processing activities of the organization.
Computer-based information systems are in the
field of information technology. The discipline of business process modeling
describes the business processes supported by information systems.
The term information system refers to
information technology that is used by people to accomplish a specified
organizational or individual objective. The technology may be used in the
gathering, processing, storing and/or dissemination of information, and the
users are trained in the use of that technology, as well as in the procedures
to be followed in doing so.
The specific technologies that collectively
comprise information technology are computer technology and data communications
technology. Computers provide most of the storage and processing capabilities,
while data communications - specifically networks - provide the means for
dissemination and remote access of information.
Advances in computer hardware, software, and
networking technologies have spurred an evolution in the structure, design, and
use of corporate information systems.
