What is Meany By MIS Report?What are things covered in the
report?
- 33 Answers
- 86347 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
What is the Memorandum voucher?
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
How do you avoid loss situation
What is COVER payment?
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY
What is the journal entry for Call and a Put option both in the books of buyer and seller
What is the difference between Risk, Threat & Hazard?
What is Insider Trading ?
What is meant by consignment
What is Financial planning?
which kind of expenses or Income will come under direct expenses or Income ?
Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
What are the duties of sales tax department? Explain it
Expand---------MDOT
