“Information system is a generic reference to a technology-based system that does two things: providing information processing capabilities and providing information people need to make better,more informed decisions”. “Management Information system is a computer-based system that optimizes the collection, transfer and presentation of information throughout an organization by using an integrated structure of databases and information flow”.
Management Information Systems are information systems, typically computer based that are used within an organization comprising of all the components that collect,manipulate,and disseminate data or information. It usually includes hardware, software,people,communications systems and the data itself. Management Information Systems defined a system as “A set of interacting components that operate together to accomplish a purpose”.
Advantages of MIS :
• MIS Facilitates planning.
• Minimizes information overload.
• Encourages Decentralization.
• MIS brings Co ordination.
• MIS assembles, process , stores , retrieves , evaluates and disseminates the information.