What are Components of Management Information System (MIS)

Definition of management information system MIS or management information system is a type of system in which managers and top executives manage information and use that information for making decisions in the company. Components of management information system Various components of MIS are:- People People are the main component of MIS. The people include managers, top executives, and staff of the company. The profit and loss of the [...]

By |2024-03-27T12:55:02+00:00August 28, 2023|computers|0 Comments

Advantages and disadvantages of management information system (MIS)

Management information system consists of three words. Management: We can manage data Information: Get information from raw data System: Computer/hardware system used to process all data So it is clear now that a large amount of data is collected by some company and then convert to precise information that summarizes future planning of the company. Advantages disadvantages of MIS Let us take an example of car manufacturing company. [...]

By |2024-03-27T13:00:25+00:00November 16, 2017|computers|0 Comments
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