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Saturday, April 02, 2011

A management information system (MIS)

A management information system (MIS) is a system that provides information needed to manage organizations effectively. Management information systems involve three primary resources: technology, information, and people. It's important to recognize that while all three resources are key components when studying management information systems ... the most important resource is people. Management information systems are regarded to be a subset of the overall internal procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountant  to solve business problems such as costing a product, service or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information system  Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making.

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