Question

What do you mean by MIS ? Explain the advantages and disadvantages of computer based MIS.

Answer 1

Advantages & Disadvantages of MIS. MIS is the use of information technology, people, and business processes to record, store and process data to produce information that decision makers can use to make day to day decisions. Decision makers need information to make effective decisions.

Answer 2

Answer:

MIS is an computer system consisting of hardware and software that serves as the backbone of an organization's operations. An MIS gathers data from multiple online systems, analyzes the information, and reports data to aid in management decision-making

Advantages:

• Data standardization and accuracy.

• Improved analytical capabilities. Analyses not manually practical, can be easily done by a computer Graphs and Charts also available.

• Cost savings by increasing employee productivity, decreasing manpower etc.

• Ready-made availability of data and ready reproduction (printed copy) of the stored data.

• Elimination of monotonous or exhaustive manual labor.

Disadvantages:

• Highly sensitive requires constant monitoring.

• Buddgeting of MIS extremely difficult. Quality of outputs governed by quality of inputs.

• Lack of flexibility to update it.

• Effectiveness decreases due to frequent changes in top management