Describe The Characteristics Of Management Information Systems (MIS)
1. Describe the characteristics of Management Information Systems (MIS). Refer to an example of MIS in a chosen company and explain the advantages of this system to the company. Explain how MIS differs from Transaction Process Systems (TPS) and from Decision Support Systems (DSS).
Management Information System (MIS) is simply referring to the management (organizations, business functions/processes, and human behaviors) of company information (data, knowledge and information) through a system (input, process, output and storage) by which organizational operation upgrades and the decision making becomes better. The continual change in technology as well as in the type of industries and markets makes the use of MIS an important and exciting topic at the same time. Going deeply, one cannot extract the true benefits of MIS without integrating the understanding of organizational management, technology and organization dimensions along with behavioral issues. That’s why it’s didn 't guarantee good returns by solo investment in the information technology, but with the consideration of a right business model and investment in the complementary assets of management and organization capital.
MIS is considered to be one of the types of information systems and part of the Business Intelligence Systems (BIS) --which includes also the Decision Support Systems (DSS) and the Executive Support Systems (ESS). MIS can simply deliver reports for middle managers explaining the real-time
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