Lecture #2 - About MIS

INFORMATION SYSTEM

It provides an idea to the managers to take correct decision in any critical situation.

Scheduled Report

Key –Indicator Report

Demand Report

Exception Report

Drilldown Report

Produced periodically activities like daily, weekly and monthly

It summarizes the previous day critical activities

It is available at the beginning of each day

Gives the certain information at the time of manager’s request

Automatically produced when a situation is unusual or requires management action

Provide detailed data about a situation

Financial MIS

Manufacturing MIS

Marketing MIS

Human Resource MIS

Accounting MIS

It provides financial information to all financial managers within the company

It provides the information about the product manufactured by the company

It supports the managerial activities in product development, distribution, pricing decisions and promotional effectiveness.

Concerned with all of the activities related to the employee of the company

Provides information about accounts payable, accounts receivable, payroll details