Information system, which is an integrated set associated with components for collecting, storing, as well as processing data and for providing information, knowledge, and digital items. Business organization and other businesses rely on information systems to handle and manage their operations, connect to their customers and suppliers, and compete available. For instance, corporations use information systems to achieve their potential customers with targeted messages within the Web, to process financial company accounts, and to manage their recruiting. There are some steps which involves in the life cycle if information system they are-
• practicability study
• System Design
• Documentation …show more content…
Although the boundaries have become fuzzy through the years, typically MIS still covers systems which are critical to the company 's capability to survive, including accounting and purchase entry. Upper management should not lose sight of the fact. In many businesses, MIS deals with legacy software and hardware, coded through programmers long since retired, who left no documentation for that systems. The enterprise upgrades or modernizes these systems only cautiously, and with high appreciation from the risks involved. Therefore, MIS, and also the people who support it as well as know its quirks, remains an important if under-celebrated part of business …show more content…
Information Storage: Information or processed data have to be stored for future use.
IV. Information Access: The system should be in a position to retrieve this information from the storage as so when required by various users.
V. Information Distribution: Information or the finished product from the MIS should be circulated to its users periodically while using organizational network.
Function of MIS-
The actual broad functions of MIS tend to be as given below:
I. To enhance decision-making: MIS helps management by providing background information on a number of issues and helps to enhance the decision-making quality of management. The fast and accurate information given by MIS is leveraged by the managers to consider quicker and better decisions therefore improving the decision-making quality and contributing to the bottom line of the organization. II. To improve efficiency: MIS helps managers to carry out their tasks with greater ease with better efficiency. This reflects in better productivity for that company.
III. To provide connectivity: MIS provides managers with better connectivity with all of those other