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Management information systems

Lecture



Definition

Management information systems (Management Information SystemsMIS) provide all middle and senior managers with current information on the accuracy of the execution of decisions that regulate the main business processes in the organization.

Management information systems provide interactive access to a variety of indicators of current activity — orders, directives, minutes, summaries, reporting forms — and serve the functions of planning, managing divisions and departments, and monitoring and supporting decisions at the level of operational regulation. Decisions supported by the MIS are mandatory for execution at the operational level, enrich the knowledge base at the information level, and are transmitted to all levels via office automation systems.

The main characteristics of the MIS:

  • • they work with formalized and partially formalized information, and support partially structured and semi-structured decisions across a wide range at the level of functional-operational regulation;
  • • they are oriented toward supporting operational decisions that regulate current business processes and monitor their execution;
  • • they set stable rules for forming the organization's information flows, meeting fixed requirements;
  • • they have analytical capabilities limited to the scope of current activity at the level of departments.

Management information systems began to appear in the 1970s, on the wave of the rapid development of computer hardware and software. They are usually formed on the basis of transaction processing systems and office automation, which provide the primary automation of routine procedures and processes. Alongside these, the MIS is one of the main modules of the overall IS, which is gradually turning into a corporate IS for regulating the organization's activities.

Definition

A corporate information system (Corporate Information SystemCIS) is an interconnected set of data, procedures, standards, hardware-software and telecommunications tools, intended for the collection, processing, systematization, distribution, storage, and delivery of information to end users in accordance with requirements arising from the organization's strategic goals.

created: 2020-11-14
updated: 2026-03-09
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Lectures and tutorial on "Decision theory"

Terms: Decision theory