Management Information System (MIS)
Short for Management Information System. Many companies have many sources of data - for example a whole bunch of databases, maybe a shared file area, shared spreadsheets and so on.
All this information can be brought together using a Management Information System. A manager can view the data and then use the 'decision support' tools that the MIS also provides.
Think of an MIS a bit like a car dashboard - the dashboard will provide road speed, engine revs, temperature, as well as warning lights such as 'need oil'.
A company MIS would provide similar measurements of company or department performance - for example current share price, latest sales or production figures, absentee level, quality measurements and so on. If some target is being badly missed then warning messages may be provided.
Challenge see if you can find out one extra fact on this topic that we haven't already told you
Click on this link: Management Information System