: CUSTOM SOFTWARE : TYPES OF SOFTWARE : MANAGEMENT SYSTEM
MANAGEMENT INFORMATION SYSTEM
A
Management information system (MIS) is a subset of the overall
internal controls of a business covering the application of people,
documents, technologies, and procedures by management accountants to
solve business problems such as costing a product, service or a
business-wide strategy.
Management information systems are distinct
from regular information systems in that they are used to analyze
other information systems applied in operational activities in the
organization.
Academically, the term is commonly used to refer to the group of
information management methods tied to the automation or support of
human decision making, e.g. Decision Support Systems, Expert systems,
and Executive information systems.
It has been described as, "MIS 'lives' in the space that intersects
technology and business. MIS combines tech with business to get people
the information they need to do their jobs better/faster/smarter.
Information is the lifeblood of all organizations - now more than
ever.