A management information system provides information that organizations need to manage themselves efficiently and effectively. Management information systems used to five primary components:
- Hardware
- Software
- Data
- Procedures
- People
Management information systems are distinct from other information systems, in that they are used to analyze and facilitate strategic and operational activities.
Businesses use information systems at all levels of operation to collect, process and store data. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses information systems. In fact, many (if not most) businesses concentrate on the alignment of Management Information System with business goals to achieve competitive advantage over other businesses.
Management Information System create information systems for data management, they manage various information systems to meet the needs of managers. By working collaboratively with various members of their work group, as well as with their customers and clients.
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