1. MEANING OF MIS 1.1. Understanding the keywords • Management, Information, and Systems What is Management? • Planning, control, and administration of an organization. • Management is generally hierarchical: ...
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...Meaning of mis understanding the keywords management information and systems what is planning control administration an organization generally hierarchical top managers handle mid career junior administer processed data to support functions processing record summarize store retrieve present in required reporting format a system context inputs output feedback matrix supports into objectives processes manages productively competitive advantage created from using maximally capturing collects relevant transforms storage securely retrieval easy by authorized users propagation nonstop access updating pillars long term perspective respect s dynamics structure comprehensiveness interconnectivity wholly participatory all levels decisions strategic operational tactical highlights problems exceptional situations driven technology it computer based hardware software telecom vs raw facts representing events organized arranged standard formats ease use rendered decision making knowledge organization...