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My Class Lecture #2 about Management Information System
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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