CHALLENGES AND OPPORTUNITIES OF MANAGEMENT INFORMATION SYSTEMS IN BUSINESS

Satish Kumar Gupta
Faculty of Information Technology Gopal Narayan Singh University, Jamuhar, ait.satish@gmail.com

Kanhaiya Lal Ambashtha
Faculty of Information Technology Gopal Narayan Singh University, Jamuhar, klambashtha@gmail.com

Rajeev Kumar
Faculty of Information Technology Gopal Narayan Singh University, Jamuhar gnsu.it.nov.2021@gmail.com

Vol 17, No 06 ( 2022 )   |  DOI: 10.5281/zenodo.6634137   |   Licensing: CC 4.0   |   Pg no: 52-59   |   Published on: 11-06-2022

Abstract
The importance Management Information Systems is highly dedicated to taking accurate decisions for any type of organization. The process of decision-making and its impact on top-level management in a business organization is explained with an emphasis on automated decision-making. Management Information System (MIS) is concerned with data and after processing data into information which is then communicated/ shared to the various users of different Departments in an organization for appropriate/effective decision-making. Management Information System provides information about those person/departments which is needed to manage organizations efficiently and effectively. It involves five primary resources: people, Hardware, Software, Data, and Procedure. Management information systems are distinct from other information systems because they are used to analyze operational activities in the organization. Academically, the term commonly refers to the group of information management methods tied to the automation or support of human decision making, e.g. expert systems, decision information system, and executive information systems. Organizations still need different types of MIS serving various organizational levels, functions, and business processes. Management Information System creates various opportunities for the different types of the organization but still have some challenges to manage. In this paper, an attempt has been made to study the role of MIS and opportunity and challenges in business.

Keywords:
Information System, MIS, IT

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