International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Vol. 7, Issue 2, pp: (1338-1343), Month: October 2019 - March 2020, Available at: www.researchpublish.com
Management Information Systems Jumana AlSanad
Abstract: With the advancement of technology, more and more people are using tech as a part of their businesses to make them more profitable and more efficient. One of the most common and useful ways to do this is through Management Information Systems (MIS). Management Information Systems (MIS) are made up of many different types of systems that cover many different aspects of running a business, but, in a nutshell, it takes information stores it analyzes it and uses it.
1. INTRODUCTION Management Information Systems, or otherwise shortened to MIS, is a set of systems, usually organized in a streamlined process, that helps managers and other decision-making entities make educated decisions on the way the company at hand should proceed. It does that by providing routine reports at regular intervals that show the company at hand’s past, present, and projected data, such as human resource management, manufacturing, finance and accounting, consumer behaviors, and inventory management. While it started as something exclusive to super-computers that are rare to find, it has now become available to just about anyone with a computer or even a powerful laptop. This made more and more people want to try MIS, so more businesses started to incorporate it in their day to day work. Now, most small businesses rely on MIS to survive or even thrive. In short, the biggest benefactors of the new meteoric rise of the Management Information Systems are the small businesses because it clarifies what the next step in the company’s life is by managing the overwhelming overflow of information a person in a company could face in any given day. With all that in mind, how do the MIS do all those miraculous things listed previously? Well, they just use databases. Databases are centralized integrated collections of data resources. It is simply a bank of all the information that a company or business has and needs. Now, after knowing what MIS do and how they do it, one needs to know the types of MIS out there, and they are Management Information System (MIS), Marketing Information System (MIS or MkIS), Office Automation System (OAS), Decision Support System (DSS), Executive Information System (EIS), Enterprise Resource Planning (ERP), Expert Systems, Transaction Processing Systems (TPS), and Knowledge Management System (KMS). Each of them has its own functions, and each of them has their own field that they specifically tackle, but that will be discussed later on in the body and not right now in the introduction. To summarize the points presented in this introduction, MISs are a set of systems that helps companies and businesses alike through their collection, organization, and analyzation of given data or information, and this is done by databases or data banks, and there are many unique types of MISs that have different functions.
2. BODY It is now clear that MISs are not just one application or one operating system but rather a huge interlocking network of other, smaller applications that have unique features and functions but work in tandem with each other under the umbrella of MISs. There is a staggering amount of those smaller systems, but the most commonly used ones are Management Information System (MIS), Marketing Information System (MIS or MkIS), Office Automation System (OAS), Decision Support System (DSS), Executive Information System (EIS), Enterprise Resource Planning (ERP), Expert Systems, Transaction Processing Systems (TPS), and Knowledge Management System (KSM). Now that we know what the types of MISs are, what does each one do? Well, first of all, a Management Information System (MIS) is just that: a way or system for small businesses and companies to manage information. This could be as simple as any spreadsheet that has the companies information, sales, customers, and things like that, or this could get as complicated as a huge data file with automated data filling mechanisms. The only criterium for an MIS to be an MIS is for it to be intended as a way to manage and organize data and other types of information. Onto the Marketing Information System (MIS or MkIS), though it is similar in name to MIS, it has completely different functionality and use. It is a way for marketers to automatically organize their data on customer bases so that they know what to market to who. Basically, it shows marketers what a certain individual will most likely want to buy using prior information that has been given by the marketers themselves.
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