MIS is the use of information technology, people, and business
processes to record, store and process data to produce information
that decision makers can use to make day to day decisions.
MIS is the acronym for Management Information Systems. In a nutshell, MIS is a collection of systems, hardware, procedures and people that all work together to process, store, and produce information that is useful to the organization.
The following are some of the justifications for having an MIS system
Decision makers need information to make effective decisions.
MIS systems facilitate communication within and outside the organization.
A transaction process system (TPS) is an information processing system for business transactions involving the collection, modification and retrieval of all transaction data. Characteristics of a TPS include performance, reliability and consistency.Read More