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In MIS, the information is recognized as a major resource like capital and time. If this resource has to be managed well, it calls upon the management to plan for it and control it, so that the information becomes a vital resource for the system.
The management information system needs good planning.
This system should deal with the management information not with data processing alone.
It should provide support for the management planning, decision-making and action.
It should provide support to the changing needs of business management.
Quantity,content and context of information - how much information and exactly what should it describe.Nature of analysis and presentation - comprehensibility of information.Availability of information - frequency, contemporariness, on-demand or routine, periodic or occasional, one-time info or repetitive in nature and so on Accuracy of information,Reliability of information,Security and Authentication of the system.
Hello Team,
A management information system is an organized information and documentation service that systematically collects, stores, processes, analyzes, reports and disseminates information and data.
Regards,
Saiyid