Components of Management Information System (MIS)

Components of Management Information System (MIS):

Management information systems are typically computer systems used for managing five primary Components and these are:

• Hardware.
• Software.
• Data (information for decision making).
• Procedures (design development and documentation).
• People (individuals, groups, or organizations).

Management information systems are distinct from other information systems, in that they are used to analyze and facilitate strategic and operational activities. Academically, the term is commonly used to refer to the study of how individuals, groups, and organizations evaluate, design, implement, manage, and utilize systems to generate information to improve efficiency and effectiveness of decision making, including systems termed decision support systems, expert systems, and executive information systems.
Most business schools (or colleges of business administration within universities) have an MIS department, alongside departments of accounting, finance, management, marketing, and sometimes others, and grant degrees (at undergrad, masters, and PhD levels) in MIS.