Management Information System (MIS)

• Management Information System(MIS)  is to provide right type of information at the right time to solve a business problem through decision making.

Examples

• Management information system is used in telephone companies. When we make a call to any one from our mobiles then automatically the information reaches to service provider company which checks the balance of mobile before making a call if there is enough balance to make a call then they allow us to make a call otherwise they"ll send a message that you don't have enough balance to make a call. When we ends the call they will calculate the time and deduct the balance according to them and send us the new balance which can done only by the the help of Management Information System(MIS).

• Management information system is used in banks also. When we do some online shopping they"ll ask for credit card number and when we complete the shopping then the information about the shopping will be automatically sent to bank and they"ll deduct the amount from the balance of that very person. This can be done only by the help of Management Information System(MIS).