The role of MIS in decision making is not only to support the process but also to make it more effective. MIS offer a central storage of all the information in any business which can be used in all levels. Hence this system is not only essential in collection and management of information but can a...
The impact of management information systems on the speed and easiness of
organizational decision-making
Decision making process is a very crucial process in any organization especially in today’s
business. Decision making process can be referred to a balance system or a check that ensures
that an organization keeps growing, and seeks to achieve company’s pre-set goals and objectives,
mission as well as vision. Reliable and timely information is essential especially when taking
rational decisions. For a business to survive and sustainably become successful in today’s world,
it should have a well-planned, designed, analyzed, and as well as maintained management
information systems. This helps organization to effectively compete locally as well as globally.
The role of MIS in decision making is not only to support the process but also to make it more
effective. MIS offer a central storage of all the information in any business which can be used in
all levels. Hence this system is not only essential in collection and management of information
but can also be used to represent the same information into different formats that can be used by
the managers to make important decisions. Studies have shown that MIS allow mangers to have
faster access to necessary information, thus, allowing the organization to make timely and
effective decisions related to various aspects of an organization including products, employment,
and investment.
Numerous studies have discussed the role of MIS in decision making. One the first research
studies focusing on the relationship between MIS and decision making found out that MIS
basically offer knowledge related to basic forces and organizational position at work. This means
that it provides important information required in decision making as well as allow
organization’s planning, operational functions and control to be effectively carried out. Other
studies indicate that MIS can allow managers to have quick access to information. This can
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MaryNash. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.99. You're not tied to anything after your purchase.