An information system combines hardware, software, data, and networking to collect, process, create, and distribute useful organizational data. A management information system (MIS) specifically provides managers with information to help ensure the smooth running of an organization in the short to medium term, such as by extracting and summarizing data from transaction processing systems and allowing managers to monitor, direct, and get accurate feedback about the organization. Key types of information systems include transaction processing systems, management information systems, and executive support systems.
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Management Information System
An information system combines hardware, software, data, and networking to collect, process, create, and distribute useful organizational data. A management information system (MIS) specifically provides managers with information to help ensure the smooth running of an organization in the short to medium term, such as by extracting and summarizing data from transaction processing systems and allowing managers to monitor, direct, and get accurate feedback about the organization. Key types of information systems include transaction processing systems, management information systems, and executive support systems.
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MANAGEMENT INFORMATION
SYSTEM (MIS) Introduction Learning Objectives
Define what is management.
Define what is information. Define what are systems. Define what an information system is by identifying its major components. Types of information systems. Define management information system. Management Management is the process of reaching organizational goals by working with and through people and other organizational resources.
Good management is the backbone of successful
organizations. Data vs. Information Data is defined as 'groups of non-random symbols in the form of text, images, voice representing quantities, actions and objects'.
Information is a sequence of symbols, signs, characters
that can be interpreted to form a useful message and is used to make decisions.
To transform data into information, processing is needed and
it must be done while considering the context of a decision. Information vs. Data Example: If we give you a number 1-212-290-4700, it does not make any sense on its own. It is just a raw data.
After processing
Tel: +1-212-290-4700, it starts making sense. It becomes a
telephone number. Information/Data Collection Techniques The most popular data collection techniques include:
Surveys: A questionnaire is prepared to collect the data
from the field. Secondary data sources or archival data: Data is collected through old records, magazines, company website, etc.
Objective measures or tests: An experimental test is
conducted on the subject and the data is collected.
Interviews: Data is collected by the system analyst by
following a rigid procedure and collecting the answers to a set of pre-conceived questions through personal interviews. systems system is a collection of elements or components that are organized for a common purpose. Information System Information systems are combinations of hardware, software, and telecommunications networks that people build and use to collect, process, create, and distribute useful data, typically in organizational settings. Information system components 1. Information systems hardware: is the part of an information system you can touch the physical components of the technology. Computers, keyboards, disk drives, and iPads. 2. Software is a set of instructions that tells the hardware what to do. Software is not tangible it cannot be touched. 3. Data The third component is data. You can think of data as a collection of facts. For example, your street address, the city you live in, and your phone number are all pieces of data. Like software, data is also not tangible 4. Networking Communication An information system can exist without the ability to communicate Information system types Transaction Processing System A computerized system that performs and records daily routine transactions necessary to conduct the business.
TPSs are information systems that process data resulting
from the occurrence of business transactions.
Example: payroll system; production instructions.
Management Information System Management Information Systems are management- level systems that are used by middle managers to help ensure the smooth running of the organization in the short to medium term.
provides information for managing an organization.
- Extract and summarize data from TPSs. - Allow managers to monitor & direct the organization. - Provide accurate feedback. Executive Support System 5-year operating plan