Solved MBA IT Assignment and Notes

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1.  What is MIS? Define the characteristics of MIS?  What are the basic Functions  of MIS? Give some Disadvantage of MIS?
Answer:


Management Information Systems (MIS) is the study of people, technology, organizations and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel, equipment, and business processes.

MIS is a people-oriented field with an emphasis on service through technology. Organized approach to the study of information needs of a management at every level in making operational, tactical, and strategic decisions.

The basic functions of MIS are:


1. Data processing


It includes the collection, transmission, storage, processing and output of data. It simplifies the statistics and reduces to the lowest cost by supplying an unified format.

2. Function of prediction


It predicts the future situation by applying modern mathematics, statistics or simulation.

3. Function of plan


It arranges reasonably the plans of each functional department in accordance with the restrictions afforded by enterprises and provides the appropriate planning reports according to different management.

4. Function of control

It monitors and inspects the operation of plans and comprises with the differences between operation and plan in accordance with the data afforded by every functional department, and be assistant to managers to control timely each method by analyzing the reasons why the differences comes into being.

5. Function of assistance

It derives instantly the best answers of related problems by applying to various of mathematics’ mode and analysing a plentiful data stored in computers in the hope of using rationally human resource, financial resource, material resource and information resource for relative abundant economic benefits.


Some disadvantages of MIS are:

1.Highly sensitive information requires constant monitoring.
2.Budgeting of MIS is extremely difficult.
3.Quality of outputs governed by quality of inputs.
4.Lack of flexibility to update itself.
5.Effectiveness decreases due to frequent changes in top management.
6.Takes into account only qualitative factors and ignores non-qualitative factors like morale of worker, attitude of worker etc..

 

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