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Manment Information


             Regular reports help managers perform their duties for example a summary report of sales figures of a particular period in the year would allow managers to predict sales figures for the coming year and plan ahead. This would not only help the manager of the store but it would also allow the person in charge of purchasing stock, distribution, transportation, and finance to plan ahead of time as well. The head of stock would have an idea of how much raw materials to buy, distribution manager would have an idea of where to send it to the parts of the organisation which are most likely to utilise it the most.
             Characteristics of Management Information System.
             1. Management Information Systems support structured and semi-structured decisions at the operational and management control levels. .
             2. They are generally reporting and control oriented. They are resigned to report on existing operations and there fore provide day-to0day control operations.
             3. The systems also rely on existing corporate data and data flows.
             4. However Management Information Systems have little analytical capability.
             5. On the other hand they generally aid in decision making using past and present data.
             6. Management Information Systems are relatively inflexible.
             7. The systems posses an internal rather than external orientation.
             8. Information requirements are known and stable.
             9. Overall Management Information Systems require a lengthy analysis and design process.
             A FRAMEWORK FOR MIS EFFECTIVENESS.
             Information systems are costly to purchase, deploy, and maintain. Therefore, in today's business where business enterprise is operated for value maximization according to the theory of rational choice, it is natural to suppose that MIS offers economic value and that this value overcomes the costs. .
             A measure often used to vale the effectiveness of MIS is based on the principle that if the system is being used it must be effective and the more it is used the greater the effectiveness.


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