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MIS and The Three Fundamental Roles of Information Systems in Business

, or  MIS , broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization. Management information system Definition:  A Management Information System is a set of combined procedures that gathers and produces reliable, relevant, and properly organized data that supports the decision making process of an organization. To sum up, it is a group of processes through which data is obtained, sorted, and displayed in a useful way for decision-making purposes. The organization and coordination of the activities of a business in order to achieve defined objectives. ...  Management  consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives process form of data is called information. A  system  is a collection of elements or components tha...

four step problem solving

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The Four-step Problem-solving Process        <-----------click link IDEA I dentify D evelop E xecute A ssess

Trends in Management Information Systems

Management information systems (MIS) are complex decision support systems used by companies to enhance and improve their business operations. Historically, an MIS was a management tool to help company management make informed decisions for their business based on information gathered from all business departments. Technology has greatly improved the effectiveness of the MIS. Enterprise Resource Planning Enterprise resource planning (ERP) software is a form of MIS that is installed in all departments and locations of businesses to enhance the availability of company information. With the globalization of the economic marketplace, companies have sought ways to improve their ability to collect and report financial information to management for effective decision making. ERPs fill this void by allowing companies to use one computer system to effectively record all company information. Benefits of Networking Another trend in MIS is the ability for companies to...