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Impact of MIS on Decision Making

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The role of MIS in decision making is not only to support the process but also to make it more effective. MIS offer a central storage of all the information in any business which can be used in all levels. Hence this system is not only essential in collection and management of information but can also be used to represent the same information into different formats that can be used by the managers to make important decisions.

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Institution
Business Finance
Course
Business finance








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Institution
Business finance
Course
Business finance

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Uploaded on
December 5, 2023
Number of pages
7
Written in
2023/2024
Type
Essay
Professor(s)
Unknown
Grade
B

Content preview

The impact of management information systems on the speed and easiness of
organizational decision-making

Decision making process is a very crucial process in any organization especially in today’s

business. Decision making process can be referred to a balance system or a check that ensures

that an organization keeps growing, and seeks to achieve company’s pre-set goals and objectives,

mission as well as vision. Reliable and timely information is essential especially when taking

rational decisions. For a business to survive and sustainably become successful in today’s world,

it should have a well-planned, designed, analyzed, and as well as maintained management

information systems. This helps organization to effectively compete locally as well as globally.

The role of MIS in decision making is not only to support the process but also to make it more

effective. MIS offer a central storage of all the information in any business which can be used in

all levels. Hence this system is not only essential in collection and management of information

but can also be used to represent the same information into different formats that can be used by

the managers to make important decisions. Studies have shown that MIS allow mangers to have

faster access to necessary information, thus, allowing the organization to make timely and

effective decisions related to various aspects of an organization including products, employment,

and investment.


Numerous studies have discussed the role of MIS in decision making. One the first research

studies focusing on the relationship between MIS and decision making found out that MIS

basically offer knowledge related to basic forces and organizational position at work. This means

that it provides important information required in decision making as well as allow

organization’s planning, operational functions and control to be effectively carried out. Other

studies indicate that MIS can allow managers to have quick access to information. This can
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