Unit 11: MIS
[MANAGEMENT INFORMATION SYSTEM]
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MANAGEMENT INFORMATION SYSTEM -
MIS is defined as an integrated system of man and machine for providing the information to support operations, the management, and decision making function in the organization.
Utility -
MIS assists managers in planning, organizing, staffing, directing and controlling operations of an organization.
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Planning
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Control
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Operations
Features of MIS -
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Capable of handling voluminous data.
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Multi dimensional analysis can be done
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Quick search and retrieval of system.
Determinants of MIS -
According to Prof. Zani:
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Opportunity and risks
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Company strategy
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Company structure
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Management and decision making process
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Available technology
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Available information
Advantages –
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Saves time
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Increases managerial efficiency
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Technical assistance
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Decision making is easier
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Accuracy
Dis-advantages –
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Expensive.
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Requirement of experience EDP manager and staffs.
Reports generated-
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Audit report.
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Sales report department wise.
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Consolidated revenue analysis.
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Multiple reports.
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Stores, receiving, HR, Accounts, security, and all the major department can maintain reports and records through this system.
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Preparation of budget on the basis of initial data retrieved from the system.
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Consumption report.
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Cashiers summary.
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Void /cancellation report.
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Cover analysis.
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Popularity by menu item.
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Settlement report.
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In-house guest directory.
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Spoilage report and etc.