Management Information Systems Report: Functional Aspects Analysis

This report provides an overview of the functional aspects of Management Information Systems (MIS). It explores how MIS contributes to decision-making, efficiency, and connectivity within an organization. The report highlights the importance of MIS in providing real-time and historical data for informed decision-making, improving operational efficiency, and enhancing collaboration across different business functions such as supply chain, logistics, and finance. The report emphasizes the benefits of adopting an MIS system for managing various business processes and achieving success in the market. The report references various sources to support the arguments and provides insights into the practical applications and impacts of MIS within the business environment.

1/13/2020
Running head: MANAGING INFORMATION SYSTEMS 0
Managing Information Systems
Report
Student name

MANAGING INFORMATION SYSTEMS 1
Functional aspects of a management information
system
In an Information System (IS), there are many functions are working parallelly. It is a
basic need for a system to work parallel to improve the various factors. Moreover, the
Management Information System (MIS) has provided data and information for business and
other functions of an organization. MIS system has included many functions of an
organization, which are necessary for growth in the market. There are main three functions of
an MIS system, which are connectivity, efficiency, and decision-making (Caniëls & Bakens,
2012).
In addition, the decision-making process is better with the help of the MIS system, as
the MIS system has provided present and past data for predictions and decision-making
processes. It has provided real-time data as well. However, long term decisions are based on
data analytics. Thus, most of the firms have used the MIS system for the decision-making
process (Laudon, & Laudon, 2016).
Moreover, the MIS system can improve the efficiency of a firm in terms of reducing
cost and time from various processes. It makes a huge impact on performance and
productivity as well. There are many business functions in a firm, which can improve the
revenue and profit of that firm (Moorty, 2017).
Furthermore, the MIS system has provided better connectivity between different
functions of a business, such as supply chain, logistics, inventory, finance, and many more. In
addition, an organization can improve collaboration and connectivity between processes and
employees as well (Raymond & Bergeron, 2008).

MANAGING INFORMATION SYSTEMS 2
In conclusion, the MIS system should provide better connectivity, efficacy, and
decision making. It will be a good thing for a firm to adopt an MIS system for managing its
various processes. Moreover, A firm can get success in the market using the MIS system.
References
Caniëls, M., & Bakens, R. (2012). The effects of Project Management Information Systems
on decision making in a multi project environment. International journal of project
management, 30(2), 162-175.
Laudon, , K. C., & Laudon, J. P. (2016). Management information system. Pearson Education
India.
Moorty, S. (2017). Management Information Systems Tools. Retrieved October 17, 2019,
from https://bizfluent.com/list-6772957-management-information-systems-tools.html
Raymond, L., & Bergeron, F. (2008). Project management information systems: An empirical
study of their impact on project managers and project success. International Journal
of Project Management, 26(2), 213-220.