mis and dss - Management Information Systems BAC KG R O UND...

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Management Information Systems BAC KG RO UND Ma na g e m e nt  Info rm atio n  S ys te m   is   an  o ld  m a na g e m e nt  to o l,  whic h  has   b e e n  lo ng   us e d b y pe o ple  fo r be tte r m a nag e m e nt and s c ie ntific  de c is io n m a king . Ma na g e m e nt Info rm a tio n S ys te m   is   m ainly de pe nde nt upo n info rm a tio n, whic h is  a   vital  ing re die nt  o f  a ny  Ma nag e m e nt  Info rm a tio n  S ys te m .  Info rm a tio n  is   the   m o s t  c ritic al re s o urc e  o f Ma nag e m e nt Info rm a tio n S ys te m .  The re   a re   s o   m a ny  fa c to rs   re s po ns ible   fo r  e nha nc ing   the   im po rta nc e   o f  Ma na g e m e nt Info rm a tio n S ys te m  s uc h a s : Dynam ic  and c o m pe titive  na ture  o f m a rke t pla c e . G lo b alizatio n o f re s o urc e s  / e c o no m y. Inc re a s ing  c o m ple xitie s  o f bus ine s s  o rg a niza tio n. The  info rm atio n re vo lutio n.
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Management Information Systems MEANING  O F MANAG EMENT INFO RMATIO N S YS TEM M – whic h s ta nds  fo r Ma na g e m e nt. I – whic h s ta nds  fo r Info rm a tio n. S  – whic h S ta nds  fo r S ys te m . With the  he lp o f the s e  3 le tte rs  we  c a n m a ke  a  num b e r o f c o m b ina tio n, nam e ly; MI – Ma na g e m e nt Info rm a tio n m e a ns  info rm a tio n re g a rding  m a na g e m e nt. MS   –  Ma na g e m e nt  S ys te m   m e a ns   the   b a s ic   s truc ture   o f  the   m a na g e m e nt  like   the   hie ra rc hic a l  o rde r  o f 
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This note was uploaded on 03/21/2010 for the course KNOWLEDGE 5654 taught by Professor Mr.david during the Spring '10 term at IESE Business School.

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mis and dss - Management Information Systems BAC KG R O UND...

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