MANAGEMENT INFORMATION SYSTEM AS A TOOL FOR SUSTAINABLE ECONOMIC DEVELOPMENT
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MANAGEMENT INFORMATION SYSTEM AS A TOOL FOR SUSTAINABLE ECONOMIC DEVELOPMENT
Chapter one
1.0 Introduction
To manage means to forecast, plan, organise, command, coordinate, and control. Data is processed into information and communication, culminating in a management information system. Data in the phrase refers to collections of facts and numbers such as hours spent, invoice values, usage rates, products received, and so on.
These basic facts are stored, analysed, compared, calculated, and generally worked on to produce massage. From the standpoint of developing relevant management information systems, rather than the routine production of standardised reports, consideration must be given to the source of information
the means by which it is communicated, and, most importantly, the meaning attached to the message received and the use made of it. The final link in the communication chain is clearly crucial for both the information system designer and the user, and it emphasises the behavioural variables in management information systems.
According to Terry (2015:6), organisations are artificially constructed structures with procedures and goals that should and typically do adapt to changes in the environment.
Organisations use management information systems to help them achieve their objectives, plan and regulate their processes and operations, deal with uncertainty, and adapt to or initiate change.
It is critical for information system designers to understand the numerous factors that drive organisational design. These span from earlier mechanistic views, mostly derived from the scientific management movement in the early twentieth century, to more recent theories that acknowledge the social and behavioural.
1.1 Background of the Study
There is no universally agreed definition of a management information system, and those that do exist reflect the writer’s emphasis and prejudices.
In today’s national and international business world, information is a priceless commodity, whatever form it takes. Without up-to-date, accurate information, most commercial organisations would zincky founded.
Such business offices serve as hubs or centres of information that take in, process, store, and relay data and messages in a host of situations, financing, selling, building, making, servicing, or advising so that all sorts of people can function in their
The term management information system has almost become synonymous with computer-based data processing, and many books with management information system in the title are solely concerned with topics such as system analysis, file design, and various other technical aspects of computer-based systems.
Management is the process of allocating an organization’s inputs, including people and economic resources, by planning, organising, and producing goods and services designed by consumers to achieve the organization’s goals.
If management understands or plans, organises, directs, and controls the business, its decisions can be made on the basis of facts, and as a result, decisions are more accurate and timely;
information allows us to determine the need to create new products and services; information tells us whether to enter new markets or withdraw from existing markets.
Regardless of business style, all business organisations share one common asset. The common asset, regardless of whether they create goods or provide services, is information.
Information allows us to assess the need to develop new products and services; without information, items are not manufactured, orders are not placed, materials are not procured, consumers are not bid on, and the business cannot continue.
MIS stands for “Interpreted user machine system for providing information to support the operation of management analysis and decision making functions in any organisation”
The system makes use of computer hardware and software, manual methods, analytical and planning models, and a central decision-making process. According to the definition, the power of a computer system is what makes management information systems (MIS) practical.
1.2 Statement of the Problem
Stakeholders and organisational leadership do not perceive the use of management information as a tool for long-term economic development.
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