Monday, December 8, 2014

Management information system or management data system

A management data system (MIS) could be a processed information of monetary info organized and programmed in such some way that it produces regular reports on operations for each level of management during a company. it\'s sometimes additionally attainable to get special reports from the system simply. the most purpose of the MIS is to convey managers feedback concerning their own performance; high management will monitor the corporate as a full. info displayed by the MIS usually shows \"actual\" information over against \"planned\" results and results from a year before; so it measures progress against goals. The MIS receives information from company units and functions. a number of the information area unit collected mechanically from computer-linked check-out counters; others area unit keyed in at periodic intervals. Routine reports area unit preprogrammed and run at intervals or on demand whereas others area unit obtained victimization inherent question languages; show functions engineered into the system area unit employed by managers to visualize on standing at desk-side computers connected to the MIS by networks. several refined systems additionally monitor and show the performance of the company\'s stock.

Origins And Evolution

The MIS represents the electronic automation of many totally different forms of count, tallying, record-keeping, and accounting techniques of that the far and away oldest, of course, was the ledger on that the business owner unbroken track of his or her business. Automation emerged within the Eighties within the type of tabulating cards that may be sorted and counted. These were the punch-cards that still remembered by many: they captured components of knowledge keyed in on punch-card machines; the cards were then processed by different machines a number of that might print out results of tallies. every card was the equivalent of what nowadays would be referred to as a information record, with totally different areas on the cardboard treated as fields. World-famous IBM had its begin in 1911; it had been then referred to as Computing-Tabulating-Recording Company. Before IBM there was C-T-R. Punch cards were accustomed keep time records and to record weights at scales. The U.S. Census utilized such cards to record and to govern its information similarly. once the primary computers emerged once war II punch-card systems were used each as their face (feeding them information and programs) and as their output (computers cut cards and different machines written from these). Card systems didn\'t entirely disappear till the Seventies. They were ultimately replaced by storage medium media (tape and disks). Computers victimization such storage media accelerated tallying; the pc introduced calculative functions. MIS developed because the most important accounting functions became computerised.

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