I will study Computer Application in Accounting next semester. The first module is Strategic Information Management. I borrowed the book (Management Information Systems:by Terry Lucey.)
This book focuses on a means of processing data, i.e. the routine facts and figures of the organization, into information which is used for decision making. It is changes in decision behavior which distinguish data from information.
What is a Management Information System (MIS)?
The meaning of MIS is no definition. The term MIS relates with computer based data processing, systems analysis, file design and various other technical aspects of computer based systems.
“Management Information System: The combination of human and computer-based resources that results in the collection, storage, retrieval, communication and use of data for the purpose of efficient management of operations and for business planning” by Kelly
Problem with MIS
- lack of management involvement with the design of the MIS
- narrow and / or inappropriate emphasis of the computer system
- undue concentration on low level data processing applications particularly in the accounting area
- lack of management knowledge of computers
- poor appreciation by information specialists of management’s ture information requirements and organizational problems
- lack of top management support
Key point of summary
- The book adopts a decision focus to MIS with an emphasis on the user’s requirement for relevant information not on the means of production.
- There are wide ranging knowledge requirements for MIS including; the nature of data and information.
- Management and MIS must concentrate on what before how.
- Areas of change include; greater competition, faster pace, new technologies and methods, globalization, employment patterns.
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1 comment:
Good. More of this needed on your blog.
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