mis jk
mis jk
(A CENTRAL UNIVERSITY)
Accredited with Grade ‘A++’ by NAAC )
ASSIGNMENT
OF
❝ MANAGEMENT INFORMATION SYSTEMS ❞
Academic Year – 2024
BCA- 2nd year
Submitted By:
Rishi Maurya 223135
Anuj Saroj 223118
Surya Narayan 223143
Submitted To:
Dr. Aditya Khamparia
BABASAHEB BHIMRAO AMBEDKAR UNIVERSITY
SATELLITE CENTRE, AMETHI
TABLE OF CONTENT
Definition of MIS
Advantages of MIS
Disadvantages of MIS
Role of MIS
MIS is the use of information technology, people, and business processes to record, store and
process data to produce information that decision makers can use to make day to day decisions.
The full form of MIS is Management information system. The purpose of MIS is to extract
data from varied sources and derive insights that drive business growth.
The following are some of the justifications for having an MIS system.
Advantages of MIS
High Costs: Developing and implementing a robust MIS system can be expensive.
This includes the cost of hardware, software, ongoing maintenance, and employee
training.
Data Quality Issues: If the data entered into the system is inaccurate or incomplete,
the outputs and insights generated by MIS will be compromised. Data quality control
processes are crucial.
Learning Curve: Employees may require time to learn how to effectively use the new
system, potentially causing temporary dips in productivity. Training programs and
support are essential.
Role of MIS
MIS or Management Information System is a computerized system that provides information
to support decision-making at the management level of an organization. It is an organized
approach to gathering, storing, and analyzing information to help managers make informed
decisions.
The role of MIS in an organization can be summarized as follows:
1. Data collection: MIS provides a platform for collecting data from various sources within
the organization, such as transactional data, customer feedback, operational reports, and market
research.
2. Data storage: MIS stores this data in a structured format, making it easy for managers to
access and use it.
3. Data processing and analysis: MIS processes and analyzes the data to generate insights
into the performance of the organization, identify trends, and highlight opportunities and
challenges.
4. Decision-making support: MIS provides managers with timely and accurate information
to support their decision-making process. This enables them to make informed decisions that
are backed by data and analysis.
5. Strategic planning: MIS helps in strategic planning by providing insights into the industry
trends, market conditions, and customer preferences. This helps managers to align their plans
with the changing business landscape.
6. Performance evaluation: MIS helps in evaluating the performance of the organization
against its goals and objectives. This helps in identifying areas of improvement and taking
corrective actions.