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Management information system

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  1. Introduction
  2. What is Management Information System?
  3. Background of study
  4. Objective of the study
  5. Company overview
  6. About information flow system
  7. Graphs and interpretation
  8. Conclusion

The plethora of Information in today's world, makes it imperative for us to depend on Management Information System, as the socio-technical tool to handle the overloading of Information and take decisions in a quick manner. The project work is done with the intention of studying the Management Information System. The study is based on observing and analyzing for the learning of the subject and understands how technology can be used to make better decisions based on the information derived from the raw data. The flow of data from the source i.e. the customer in the various areas, to the various processes in order to make it into information that can be helpful to the management to increase efficiency and serve the customers better, avoid incompetence and be more effective. The study also envisages the software that is used to implement the system in the company. The development of the system, the steps followed has been covered, giving an insight that goes onto the preparation of the MIS.

[...] By the 1960s ?management information systems? were used to generate a limited range of predefined reports, including income statements (they were called P & L's back then), balance sheets and sales reports. They were trying to perform a decision making support role, but they were not up to the task. By the 1970s ?decision support systems? were introduced. They were interactive in the sense that they allowed the user to choose between numerous options and configurations. Not only was the user allowed to customize outputs, they also could configure the programs to their specific needs. [...]


[...] Technology advances have increased both the availability and volume of information management and the directors have available for both planning and decision making. Correspondingly, technology also increases the potential for inaccurate reporting and flawed decision making. Because data can be extracted from many financial and transaction systems, appropriate control procedures must be set up to ensure that information is correct and relevant. In addition, since MIS often originates from multiple equipment platforms including mainframes, minicomputers, and microcomputers, controls must ensure that systems on smaller computers have processing controls that are as well defined and as effective as those commonly found on them traditionally larger mainframe systems. [...]


[...] The years ahead: Wider customer base for consistent sales, introduction of Pure Flat Picture Tubes by Aug export of picture tubes, Environment Management System (ISO 14001) by end March 2002, capacity upgradation and further cost reduction programs. The revival strategy started with the seeding of a corporate mission statement and guiding principles. This philosophy was explained to the workmen so as to communicate the expectations of the management. This also helped in understanding workmen expectations and in counseling them prior to the start of production. [...]

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