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Management Information System - Report

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Added on  2020-05-28

Management Information System - Report

   Added on 2020-05-28

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MANAGEMENTINFORMATION SYSTEM
Management Information System - Report_1
1ContentsINTRODUCTION.....................................................................................................................................2Comparison and contrasting MIS of two firms..................................................................................2Consequences of using information system in business....................................................................4CONCLUSION.........................................................................................................................................5REFERENCES..........................................................................................................................................6
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2INTRODUCTIONIn the modern era of technological business it has become essential for the firms totake use of information system in various operations. Since it has become essential for theorganisations to manage their information that is collected in their daily operations hence useof advanced technologies can be highly beneficial. It is crucial for the firm to adopt newhardware and software that helps in storage and manipulation of data (Chiang, Lin & Chen,2011). These information can be utilised by the firm in their decision making process. Appleand Amazon are the two bigger firms that are using MIS so as to manage their informationobtained from their daily operations. They both are market leaders in the areas of theiroperations. They utilise it for making their future decisions. This report highlights the ways inwhich both these company takes use of MIS for managing their internal operations anddecision making. Comparison and contrasting MIS of two firmsApple and its MISApple Inc. was incorporated in the year 1976. It is one of the biggest firms that deal inthe business of developing technological devices, software and other online services. Thiscompany has been known for its new product development which was totally based on thedemand of the market (Demir, 2018). There are several purposes for which company utilisesits management information system. There are several units of Apple in various parts of theworld hence it became necessary for the company to take use of a centralised system that iscapable of managing information in a proper way. Apple takes use of their managementsystem so as to organise, select and manipulate data as per the requirement. This is done so asto generate information as required for making any particular kind of decisions. It is essentialfor bringing control over the operations of the firm which helps them in maintaining theirgrowth opportunities.Every layer of organisation is compelled to store their details in this this centralisedsystem. Company has its own cloud software that it takes use for storing large bulk ofdata. Apart from this MIS is used for strategic information planning that helpscompany in achieving their goals and objectives in a better way.It is also helpful in governing the processes inside the firm. For example it is used forperformance system where all the information regarding the performance of the staffsis stored easily.
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