Commerce

Management Information Systems (MIS) – Introduction

This article is a short introduction to management information systems, for a more in-dept article see Management Information Systems & You.

Moore’s Law: ‘# of transistors per square inch on an integrated chip doubles every 18 months’. This lowers costs and allows smaller technologies to come about, however Moore’s Law has changed with newer technology, see this YouTube video for more.

Information System (IS): Information produced by a group of components interacting, such components make up the five component framework that includes: computer hardware, software, data, procedures, and people.

Unlike IS, IT includes raw technology (hardware, software, data-components, ect.), however it as absolute from IS could not better an organisation. YouTube video here.

IS = IT (hardware, software, data) + people + procedures

MIS: Development & use of IS to help businesses achieve their goals & objectives.

To be innovative in an organisation, MIS needs to create a competitive advantage, meet business needs and explore new technologies. Think about it data storage and transmission are technically free, while ancillary IT functions (security and backup) are essential.


Featured image supplied free from Unsplash.

Copyright © 2016 Zoë-Marie Beesley

Creative Commons License Licensed under a Creative Commons Attribution 4.0 International License.

 

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