Dear Kamal,
Information system consisting of the network of all communication channels (people equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers) used within an organization. It is a planned system of the collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. At the start, in businesses and other organizations, internal reporting was made manually and only periodically, as a by-product of the accounting system and with some additional statistics, and gave limited and delayed information on management performances. In their infancy, business computers were used for the practical business of computing the payroll and keeping track of accounts payable and accounts receivable. As applications were developed that provided managers with information about sales, inventories, and other data that would help in managing the enterprise, the term "MIS" (Management Information System) arose to describe these kinds of applications. Today, the term is used broadly in a number of contexts and includes, decision support systems, resource and people management applications, project management, and database retrieval application.
Thanks!
Answered by
Navin Singh
at
2:07 AM on December 01, 2008
