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.

 

  • Planning

  • Control

  • Operations

 

Features of MIS -

 

  • Capable of handling voluminous data.

  • Multi dimensional analysis can be done

  • Quick search and retrieval of system.

 

Determinants of MIS -

 

According to Prof. Zani:

 

  • Opportunity and risks

  • Company strategy

  • Company structure

  • Management and decision making process

  • Available technology

  • Available information

 

Advantages –

 

  • Saves time

  • Increases managerial efficiency

  • Technical assistance

  • Decision making is easier

  • Accuracy

 

Dis-advantages –

 

  • Expensive.

  • Requirement of experience EDP manager and staffs.

 

Reports generated-

 

  • Audit report.

  • Sales report department wise.

  • Consolidated revenue analysis.

  • Multiple reports.

  • Stores, receiving, HR, Accounts, security, and all the major department can maintain reports and records through this system.

  • Preparation of budget on the basis of initial data retrieved from the system.

  • Consumption report.

  • Cashiers summary.

  • Void /cancellation report.

  • Cover analysis.

  • Popularity by menu item.

  • Settlement report.

  • In-house guest directory.

  • Spoilage report and etc.