Management Information System: Definition & Objectives
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A management information system is a set of systems and procedures that gather information from different sources, compile them, and present it in a readable format. The study involves people, technology, organizations, and their interactions . Using MIS in the workplace helps in maximizing the benefits gained from investing in personnel, equipment, and business processes. In this blog, we will talk about the main objectives served by MIS reporting to an organization. Here are the Objectives of MIS: Data Maintenance: It is beneficial to maintain data as it allows the organization to provide updated and error-free information. Companies may improve their business operations by maintaining accurate data and monitoring data management processes. It helps in deleting redundant and useless data. It is significant to store data for future use. Furthermore, MIS allows retrieving data from the storage devices whenever any user requ...