Saturday, December 21, 2019

MIS and Decision Making Essay - 1960 Words

American University of Culture and Education Badaro Campus Management Information System The Role of MIS in the Decision-Making Process Problem solving and decision-making are two important skills for any business process. Problem solving often involves decision-making, which is mainly important for management and leadership. According to BusinessDictionary.com, decision-making is â€Å"The thought process of selecting a logical choice from the available options.† Thus, logical decision-making is an important part of all science-based professions, where specialists apply their knowledge in a given area to make suitable decisions. For example, medical decision-making often involves making a diagnosis and selecting an†¦show more content†¦Ã¢â‚¬Å"Information systems are becoming of ever greater interest in progressive and dynamic organizations.† (Adeoti-Adekeye). The need to obtain access easily, quickly and more economically makes it vital to create procedures for the design, management and application of databases in organizations. Management information and information systems, in particular tho se related to effective decision-making processes in an organization, are observed as valuable organizational resources. In fact, the increased value of information as a basic concept in recent times, coupled with the continued rise of computer-based information systems and the integration of separated information systems led Getz in 1982 to suggest coalescence as an expected chance. To explain the coalescence, Getz has seen the manager of an organization that results from this coalescence as a generalist, with a solid understanding of technology but with a better understanding of business conditions and needs. However, he is not without his unfairness for MIS managers, but he feels that they are the right professionals to play the role of information managers in the organization. As he concludes that either the MIS manager will take the initiative to lead this fusion of the firm’s data resources activities and make some sense of their management, or aShow MoreRelatedDecision Making Stages in Mis3645 Words   |  15 PagesQ1 Decision making (decision from Latin decidere to decide, determine, literally to cut off, from de- off and caedere to cut) can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice.[1] The output can be an action or an opinion of choice. * | Decision making stages Developed by B. Aubrey Fisher, there are four stages that should be involved inRead MoreManagement Information Systems and Its Importance1221 Words   |  5 PagesManagement Information Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization. Modern businesses have been leveraging on MIS to manage, order, organize and manipulate the gigabytes and masses of information generated for various purposes. MIS helps businesses optimize business processes, address information needs of employees and various stakeholders and take informed strategic decisions. The development and managementRead MoreManagement Information Systen Use by Kfc1109 Words   |  5 PagesInformation Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization. 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Today, the basic focus of companies is to be globally competitive by using the capabilitiesRead MoreManagement and Functional Areas1731 Words   |  7 Pages1. In the light of the system, describe the decisions to be made in the area of strategic planning, managerial control and operational control? What information would you require to make such decisions? Ans. A management information system (MIS) is an organized combination of people, hardware, communication networks and data sources that collects, transforms and distributes information in an organization. An MIS helps decision making by providing timely, relevant and accurate information to managers

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