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534 Points
Joined October 2009
Dear Sonia,
Information is something that is inevitable today.... It is something that is required by any level of management in their daily to daily decisions. MIS is a system within the organisation which provides the required information for decision making. For example, When you want to accept a order, you will need information regarding the cash or bank balance or working capital available, the capacity available in terms of the plant/ machinery, etc. The MIS will provide such information. Hence any system which provides information for decision making is MIS.. May it be computerized or otherwise. It just provides information and does not aid decision making process in any other manner like Decision support systems...
The MIS differs from company to company and it is created in customized fashion depending upon the requirements of each company.