Interested to Buy Any Domain ? << Click Here >> for more details...
What is Meany By MIS Report?What are things covered in the
report?
- 33 Answers
- 93603 Views
- Axis Bank, ChemLine, College School Exams Tests, Crisil, HCL, Pioneer NF Forgings, Ram Infotech, Robust Silicons, Suzlon, I also Faced
- E-Mail Answers
Answer Posted / yuhi chal diye
At the start, in businesses and other organizations, internal reporting was made manually and only periodically, as a by-product of the accounting system and with some additional statistic(s), and gave limited and delayed information on management performance. Previously, data had to be separated individually by the people as per the requirement and necessity of the organization. Later, data was distinguished from information, and instead of the collection of mass of data, important, and to the point data that is needed by the organization was stored.
In their infancy, business computers were used for the practical business of computing the payroll and keeping track of accounts payable and accounts receivable. As applications were developed that provided managers with information about sales, inventories, and other data that would help in managing the enterprise, the term "MIS" arose to describe these kinds of applications. Today, the term is used broadly in a number of contexts and includes (but is not limited to): decision support systems, resource and people management applications, ERP, SCM, CRM, project management and database retrieval application.
An 'MIS' is a planned system of the collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. In a way it is a documented report of the activities that were planned and executed. According to Philip Kotler "A marketing information system consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers." [3]
The terms MIS and information system are often confused. Information systems include systems that are not intended for decision making. The area of study called MIS is sometimes referred to, in a restrictive sense, as information technology management. That area of study should not be confused with computer science. IT service management is a practitioner-focused discipline. MIS has also some differences with Enterprise Resource Planning (ERP) as ERP incorporates elements that are not necessarily focused on decision support.
Professor Allen S. Lee states that "...research in the information systems field examines more than the technological system, or just the social system, or even the two side by side; in addition, it investigates the phenomena that emerge when the two interact." [4].
MANAGEMENT INFORMATION SYSTEM is defined as :-
1)Provides information support for decision making in the organization
2)MIS is an integrated system of man and machine for providing the information to support the operation .
3)MIS is defined as a computer based information system.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
service tax form no ? What is CC Limit ? What is branch accounts?
What type of questions in accouting point of respect they ask genrally plz help me find out this.
Purchase book is a ----------journal
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
Short Answer on ________Ad-Valorem Duties
Expand SOIT
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
---------is the main or principle book of accounts
What is accounts payable?
A----------involves transfer of money or moneys worth from one person to another
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies.
What is the difference between reserve and provision.
which is the combine entry in ERP?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
