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1、International Journal of Computer Applications (0975 – 8887) Volume 7– No.11, October 2010 25 MIS is an Effective Tool to Decision Making K P Tripathi Lecturer Bharati Vidyapeeth University Institute of Management, Kolh
2、apur, India ABSTRACT Management Information System (MIS) has played an important role in the organization from last two decades by providing the information generation tool. It also helps the top management in decisi
3、on making in crucial business decisions. Businesses in the developed countries are of dynamic nature and it has to get the information from all sources with minimum time and with most proper way having maximum goo
4、d characteristics of information. The Indian business scenario is also changing at a very fast rate in all the aspects and in all the areas, using advanced software tools like MIS, DSS and Expert System. MIS provide
5、s regular information to managers to allow them to make decisions based on data rather than guesses. Certain data and analysis can play a very useful role in making good decisions about where and when to use human and
6、 other resources to achieve the mission of an organization. Managers with quality MIS are able to make decisions from an informed stance rather than a haphazard one. This paper is an attempt to design and develop an
7、 MIS for the business organization and show how it helps in taking management decisions related to management function especially for the top management. Keywords Management Information System, Transaction Processing
8、 System, Decision Support System, MIS Model. 1. INTRODUCTION The Management Information System is a collection of men, tools, procedures and software to perform various business tasks at various levels in the organiza
9、tion. Many organizations have separate MIS departments which are involved in maintaining records, performing transactions, report generations and consolidation of the important information which will be supplied to t
10、he various levels of the management. MIS has three basic levels: operational, middle management and top management where the information is passed from bottom to top. This paper is an attempt to design and develop th
11、e model of MIS for Birla Corporation Limited, which involves Attendance Capturing decision may be strategic or tactical. The decision capacity involves intelligence, design, choice and implementation of decision
12、 maker. INTELLIGENCE (Collection, Classification, Processing, and Presentation of data) - Status reports - Trend reports - Exception reports - Ad-hoc enquiry DECISION STAGE INFORMATION REQUIRED DESIGN (Outline a
13、lternative strategies; forecast possible outcome of each alternative) CHOICE (Selection of the best alternative) REVIEW (Monitoring of implementation) - Models and analytical tools - Projections - Alternatives
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