MIS development & process

MIS DEVELOPMENT & PROCESS

Description also available in video format (attached below), for better experience use your desktop.

Introduction

·       The basic necessity of MIS is the Plan for development & its implementation

·       Information is the major resource like time, capacity & capital

·       MIS must have to be linked its acquisition, storage, use and disposal as per the business needs for meeting the business objectives

·       A company always need a flexible MIS t deal with the changing information need

·       The designed MIS system should be open in nature

 

Designing the MIS

·       Supplies the data complete, accurate & on time

·       Identify & quantify inter related operations

·       Measures & control the performance

·       Identify the needs of decentralized organization

·       Information in summarized form

·       Flexibility

 

Process of MIS

·       Assembling

o   Finding & collection of data

·       Processing

o   The data has been summarized, edited & proceed

·       Analyzing

o   Calculation of the % of the useful information to the decision maker

·       Storage & Retrieval

o   Indexing

o   Coding

o   Filling

o   & Location of information are coming under the process of Storage

·       Evaluation

o   Determination of usefulness of information in terms of

§  Accuracy

§  Precise

§  & Reliance

·       Dissemination

o   Supplying the required information in the specified format at the right time to the decision maker

 

Video Description

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