Management Information System in Business Decision-Making

Abstract

Management Information System can be defined, described and analyzed in its likelihood for takingdecisions. Management Information System (MIS) is in its heart concerned through data processing into viable information which is then disseminated to the variety of Departments in an involvement for taking right decisions. There is a provision in MIS also for administration of informationproficiently and efficiently. It occupies three mainvitalelements: Management, Information and System. Management Information System features are used to inspect systems approach, top down approach, common data flows and other resources also in the business organization. Realistically, the expression is normallyreferred to the set of information management to support decision making. E.g. Decision support system, Expert system, and Executive information system. Business Organizations still wantunlikeroles of MISwhich serve the objectives of business development. These roles bring into beinglike opportunities and challenges. In this study, an endeavorhas been made to find out the accountability of MIS in business association.