Management Information Systems are a collection of people, procedures and resources designed to support the decisions of management.
A chief executive of a supermarket chain may extract financial information to find which store is making the least money and from this sell the store to open a new one in a location from which they may profit.
Factors which lead to a Good MIS
-Avoids information overload
-Accuracy of the data/information
-Flexibility of data analysis
-Provides data in a appropriate form
-Improves interpersonal communications amongst management and employees
-Allows individual project planning
-Accessible to a wide range of users and supports a wide range of skills and knowledge.
Factors That Make A Bad MIS
- Complexity of the system
- Inadequate Initial Analysis
- Lack of Management Involvement In Initial Design
- Innappropriate Hardware and Software
- Poor Communications Between Professionals
- Lack of Professional Standards
- Lack of Management Knowledge About Computer Systems and Their Capabilities