Management Information System (MIS) is a computer based system that provides flexible & speedy access to accurate data.
The term Management Information System can be discussed well with three sub-components- Management, Information & System.
1. Management emphasizing the ultimate use of such information systems for managerial decision making rather than merely stressing on technology.
2. Information highlighting on processed data rather than raw data & in the context in which it is used by managers & other end users.
3. Systems emphasizing a fair degree of integration & a holistic view.
So it can be said that, Management Information System (MIS) is a system of people, equipment, procedures, document & communication that collects, validates, operate on transformers, stores, retrieves and present data for use in planning, budgeting, accounting, controlling and other management process.
