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    Management Information System

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    Qurrat Ul Ain
    A management information system (MIS) is a system or process that provides information to effectively manage an organization. It relies on hardware, software, networks, and stored data. An information system studies complementary networks of hardware and software that people and organizations use to collect, filter, process, create, and distribute data. Improving operational efficiency, such as through new work processes, minimizes waste and maximizes resources to improve quality, productivity, and profit margins. Functional effectiveness measures how well an organization achieves its intended outcomes through the best combination of internal and outsourced resources to support policies, programs, and services.

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    Management Information System

    Uploaded by

    Qurrat Ul Ain
    30 views1 page
    A management information system (MIS) is a system or process that provides information to effectively manage an organization. It relies on hardware, software, networks, and stored data. An information system studies complementary networks of hardware and software that people and organizations use to collect, filter, process, create, and distribute data. Improving operational efficiency, such as through new work processes, minimizes waste and maximizes resources to improve quality, productivity, and profit margins. Functional effectiveness measures how well an organization achieves its intended outcomes through the best combination of internal and outsourced resources to support policies, programs, and services.

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    Management Information System

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    A management information system (MIS) is a system or process that provides information to effectively manage an organization. It relies on hardware, software, networks, and stored data. An information system studies complementary networks of hardware and software that people and organizations use to collect, filter, process, create, and distribute data. Improving operational efficiency, such as through new work processes, minimizes waste and maximizes resources to improve quality, productivity, and profit margins. Functional effectiveness measures how well an organization achieves its intended outcomes through the best combination of internal and outsourced resources to support policies, programs, and services.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    30 views1 page

    Management Information System

    Uploaded by

    Qurrat Ul Ain
    A management information system (MIS) is a system or process that provides information to effectively manage an organization. It relies on hardware, software, networks, and stored data. An information system studies complementary networks of hardware and software that people and organizations use to collect, filter, process, create, and distribute data. Improving operational efficiency, such as through new work processes, minimizes waste and maximizes resources to improve quality, productivity, and profit margins. Functional effectiveness measures how well an organization achieves its intended outcomes through the best combination of internal and outsourced resources to support policies, programs, and services.

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    © All Rights Reserved
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    Management information system (MIS):

    A management information system (MIS) is a system or process that provides the information
    necessary to manage an organization effectively. MIS and the information it generates are
    generally considered essential components of prudent and reasonable business decisions.
    People have relied on MIS to communicate with each other using a variety of physical devices
    (hardware), information processing instructions and procedures (software), communications
    channels (networks), and stored data (data resources) since the dawn of civilization.

    Information system:
    An information system (IS) is the study of complementary networks of hardware and software that
    people and organizations use to collect, filter, process, create, and distribute data.
    In a very broad sense, the term information system is frequently used to refer to the interaction
    between people, data and technology.

    Operational efficiency:
    Operational effectiveness refers to maximizing the use of inputs in order to carry out similar
    activities better than ones competitors. So it deals with minimization of waste and maximization
    of resource capabilities, in order to deliver quality products and services to customers.
    It is concerned with designing new work processes that improve quality and productivity
    Improving operational efficiency has a direct impact on the company's profit margins.
    Another example is of Agilent Technologies, based in Santa Clara, California, implemented
    companywide supply chain, facilities, and real estate management initiatives to meet its savings
    goals, and generated $4.9 million in operational cost savings in just seven months.

    Functional effectiveness:
    FE is how effective an organization is in achieving the outcomes that it intends to produce.
    It means ensuring the best combination, alignment and coordination of resources both internal and
    outsourced to support implementation and ongoing administration of functional policies, programs
    and services.
    Companies use organizational effectiveness to measure any number of things, from the relationship
    between employee performance and company profits to the correlation between manufacturing
    processes and production volume.

    Efficiency is doing things right, but effectiveness is doing the right thing. An example is if you
    visualize an automobile coming down an assembly line, (sparks flying as the robotic arms of the
    automated welding machines do their work), these robots are far more efficient at welding than any
    human could ever be. However, if the robots are welding the door shut, the process is still
    efficient, but certainly not effective.

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