Management Information System (MIS) 2
Management Information System (MIS) 2 :
(ICT) Short for Management Information System. Many companies have many sources of data - for example a whole bunch of databases, maybe a shared file area, shared spreadsheets and so on. All this information can be brought together using a Management Information System. A manager can view the data and then use the 'decision support' tools that the MIS also provides. Think of an MIS a bit like a car dashboard - the dashboard will provide road speed, engine revs, temperature, as well as warning lights such as 'need oil'. A company MIS would provide similar measurements of company or department performance - for example current share price, latest sales or production figures, absentee level, quality measurements and so on. If some target is being badly missed then warning messages may be provided
