Management information System offers various benefits to the business firm. These benefits are very efficient and effective and provide coordination among departments; those are reliable and quick, can access to significant documents and data along with less usage of the labour, enhancement and perfection in departmental and organizational techniques, easy to manage day to day activities such as payroll, stock control, accounts and many more, daily assistance within the department and more rapidly contact across the world (Nowduri S., 2011).
Key elements of Management Information System
The benefits of having Management information system within the organization can save valuable time of the workforce. Our topic of discussion is to study the scenario of the Management Information System at Star Ballet shoes. Star Ballet Shoes is a UK based company which needs to develop the management information system in the organization. Management Information System is certainly implemented to reduce the time and work strength of the company. No need of employees of the company to collect data manually in order to do analysis and filing, rather information can be store promptly and can simply store in to the computer program. Raw material or data create difficulty for employees to do business analysis or to access the data or information. MIS can make easy for the business analysts to create programs in order to access the data quickly and can response to the management queries as soon as possible in the best interest of the Star Ballet Shoes. Getting faster access to the required information, managers can respond to the problem and can make improve or better decision about the future directions and procedures and competitive advantage and implement them quickly.
We all are living in the time that been changed and working in an information era. Managers of the Star Ballet Shoes have to deal with a huge amount of data, converting that data into valuable information and create a conclusion in order to make quality decisions and leads towards the achievement of business objectives. For this organization, an essential resource is like a money or machinery or manpower. Hence, it is an important element for the organization to in order to survive in this era.
The concept of IS (information systems) throughout its existence has undergone significant changes. Ensuring business continuity for Star Ballet Shoes is a major factor in improving business efficiency and achieves significant competitive advantages. Transferring the technical support and maintenance of information systems outsourcing (automation support for), to enhance the quality of services provided through the formalization of support, management, operational risk, except for health information systems depends on the state of the customer (Morris & Strickland, 2008).
Discussion
Information Systems
Information system is called the set of elements that interact to support the activities of an organization. Any information system performs four basic activities: input, storage, processing and output of information. It is a system that consists of persons, data records and ...