What is Management Information System| Advantages and Disadvantages of Management Information System

MANAGEMENT INFORMATION SYSTEM

Management Information System (MIS) is a data framework utilized for dynamic, and for the coordination, control, investigation, and representation of data in an association and promoting. 

The main objective of the utilization of a management information system is to expand the worth and benefits of the business. This is finished by giving administrators opportune and proper data permitting them to settle on compelling choices inside a more limited timeframe.

USE OF TECHNOLOGY IN MANAGEMENT INFORMATION SYSTEM (MIS)

MIS are mostly organization oriented narrowing in around utilizing data innovation to expand business esteem. Software engineering is more programming centered managing the applications that might be utilized in MIS. Electrical PC designing is item centered fundamentally managing the engineering behind PC frameworks. ERP programming is a part of Management Information System (MIS) and Information Technology (IT) the executives alludes to the specialized administration of an IT division which might incorporate MIS. 

Advantages and Disadvantages of Management Information System

ADVANTAGES AND DISADVANTAGES OF MIS

 Advantages 

There are following points of advantages of MIS are as under:

1) Work on an organization’s functional proficiency, increase the value of existing items, cause advancement and new item improvement, and help the executives to improve decisions.

2) Organizations can distinguish their qualities and shortcomings because of the presence of income reports, representative execution records and so on Distinguishing these perspectives can assist an organization with further developing its business cycles and tasks in the competitive environment. 

3) The accessibility of client or customer information and input can assist the organization with adjusting its business measures as per the requirements of its clients or customer. 

4) The successful administration of client or customer information can assist the organization with performing direct advertising and advancement exercises. 

5) MIS reports can assist a manager in effective decision making and decrease vacation for significant things. 

Disadvantages 

There are following points of disadvantages of MIS are as under:

1) Profoundly touchy requires steady checking. 

2) Budgeting of MIS amazingly troublesome. 

3) Nature of yields administered by nature of information sources. 

4) Absence of adaptability to refresh it. 

5) Adequacy diminishes because of incessant changes in top administration 

6) Considers just subjective factors and disregards non-subjective variables like confidence of laborer, demeanor of specialist and so on

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