What is Information in MIS?:- Information is a processed form of data i.e. data that have been processed and shaped into a form that is meaningful to its users is known as information. MIS is a people-oriented field with an emphasis on service through technology. If you have an interest in technology and have the desire to use technology to improve people’s lives, a degree in MIS may be for you. Davis and Olson have defined information as
How a Management Information System works
In the past, management information systems ran on mainframe computers. As computing systems evolved, MIS moved to run on client/server systems. Today, it’s common for MIS to run in the cloud or in a hybrid cloud.
Management Information System, both the department and the software system, can help companies gain a competitive advantage. The data managed by an system can help managers make better decisions related to sales, manufacturing, resource allocation, and more. Both the MIS department and the software systems help organizations increase productivity by enabling workers to spend more time on productive tasks.
Information is derived from data. For example,
Volume = Length x Breadth x Height
It is the main activity of the computer to process data and produce useful information.
There is a need for information in the following areas:
- Strategic planning.
- Marketing environment.
- Customer needs.
The following information is good quality:
- To maximise sales.
- To cut costs.
- To develop new products.
- To take good management decisions.