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    DSS & Mis 01 - Mis

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    Soumya Jyoti Bhattacharya
    1. MIS is a system that collects, stores, analyzes and provides information to managers to help them make decisions. It consists of people, technology, and processes. 2. MIS is report-oriented, action-oriented, expectation-oriented, database-oriented, and end-user oriented. It draws data from internal databases, external sources, and transaction processing systems. 3. MIS outputs include scheduled reports, key indicator reports, demand reports, and exception reports to provide timely information to decision makers. It supports various business functions through subsystems like financial, manufacturing, and human resources MIS.

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    DSS & Mis 01 - Mis

    Uploaded by

    Soumya Jyoti Bhattacharya
    70 views9 pages
    1. MIS is a system that collects, stores, analyzes and provides information to managers to help them make decisions. It consists of people, technology, and processes. 2. MIS is report-oriented, action-oriented, expectation-oriented, database-oriented, and end-user oriented. It draws data from internal databases, external sources, and transaction processing systems. 3. MIS outputs include scheduled reports, key indicator reports, demand reports, and exception reports to provide timely information to decision makers. It supports various business functions through subsystems like financial, manufacturing, and human resources MIS.

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    DSS & MIS 01 - MIS

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    1. MIS is a system that collects, stores, analyzes and provides information to managers to help them make decisions. It consists of people, technology, and processes. 2. MIS is report-oriented, action-oriented, expectation-oriented, database-oriented, and end-user oriented. It draws data from internal databases, external sources, and transaction processing systems. 3. MIS outputs include scheduled reports, key indicator reports, demand reports, and exception reports to provide timely information to decision makers. It supports various business functions through subsystems like financial, manufacturing, and human resources MIS.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    70 views9 pages

    DSS & Mis 01 - Mis

    Uploaded by

    Soumya Jyoti Bhattacharya
    1. MIS is a system that collects, stores, analyzes and provides information to managers to help them make decisions. It consists of people, technology, and processes. 2. MIS is report-oriented, action-oriented, expectation-oriented, database-oriented, and end-user oriented. It draws data from internal databases, external sources, and transaction processing systems. 3. MIS outputs include scheduled reports, key indicator reports, demand reports, and exception reports to provide timely information to decision makers. It supports various business functions through subsystems like financial, manufacturing, and human resources MIS.

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    1.

    MIS

    Definitions, Basic concepts


    and frameworks
    Definition
    MIS is a system that aids management
    in making, carrying out and controlling
    decisions. MIS consists of people,
    equipment and procedure to gather,
    sort, analyze, evaluate and distribute
    timely and accurate information to the
    decision maker.
    Nature of MIS
    • Report orientation
    • Action oriented
    • Expectation oriented
    • Database oriented
    • End-user oriented
    Employees

    A schematic Corporate
    databases
    Databases Corporate
    of intranet
    of
    external
    internal
    data
    data Decision
    support
    systems

    Transaction Databases Management Executive


    Business processing of information Application support
    transactions systems valid systems databases systems
    transactions

    Drill-down reports Expert


    Exception reports systems
    Demand reports
    Operational Key-indicator reports
    databases
    Input and Scheduled
    error list reports
    Inputs to a MIS
    • Strategic plan or corporate policies
    – Contains major financial objectives and often
    projects financial needs.
    • Transaction processing system (TPS)
    – Important financial information collected from
    almost every TPS - payroll, inventory control,
    order processing, accounts payable, accounts
    receivable, general ledger.
    – External sources
    – Annual reports and financial statements of
    competitors and general news items.
    Output of a MIS
    • Scheduled reports
    • Produced periodically, or on a schedule (daily,
    weekly, monthly)
    • Key-indicator report
    • Summarizes the previous day’s critical activities
    • Typically available at the beginning of each day
    • Demand report
    • Gives certain information at a manager’s request
    • Exception report
    • Automatically produced when a situation is unusual
    or requires management action
    Subsystems of MIS
    • Financial
    • Manufacturing
    • Marketing
    • Human Resources
    • Geographic MISs
    Difference - DSS & MIS
    DSS MIS
    • High Level • Mid – Low Level
    • Specific • Universal
    • Last level data • Mid level data
    manipulation manipulation
    • Flexible • Format oriented
    • More advanced and • Less advanced and
    uses AI (Artificial uses emulated
    Intelligence) environment
    TPS
    A Transaction Processing System is a set of
    information which processes the data transaction in
    database system that monitors transaction programs. 

    •Features
    – Rapid response
    – Reliability
    – Inflexibility
    – Controlled processing

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