Final project of MIS

SUBMITTED TO : SIR Qammer Sajjed

SUBMITTED BY : Mohammad Shafiq # 431

Date : 12/21/2018

1.5 KM Defence Road، Off Raiwand Rd, Lda Avenue Phase 1 Lda Avenue, Lahore, Punjab
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1(8). Compare and contrast management information systems (MIS) and decision support
systems (DSS) and their roles in assisting management decision-making. An example of the
related organizational system will help.
Management Information Systems (MIS)
A management information system (MIS) is a mechanized database of budgetary information
composed and modified so that it produces ordinary reports on activities for each dimension of
management in an organization. It is normally likewise conceivable to get unique reports from
the system effortlessly. The primary reason for the MIS is to give supervisors input about their
very own execution; top management can screen the organization all in all. Information shown
by the MIS ordinarily demonstrates "real" information over against "arranged" results and results
from a year prior to; hence it gauges advance against objectives. The MIS gets information from
organization units and capacities. A portion of the information are gathered consequently from
PC connected registration counters; others are entered in at occasional interims. Routine reports
are prearranged and keep running at interims or on interest while others are gotten utilizing
worked in question dialects; show capacities incorporated with the system are utilized by
supervisors to beware of status at work area side PCs associated with the MIS by systems. Many
modern systems likewise screen and show the execution of the organization's stock.

Management Information Systems (MIS) is the investigation of individuals, innovation, and

associations.

Decision Support System (DSS)

A decision support system (DSS) is a PC based application that gathers, sorts out and
investigates business information to encourage quality business decision-production for the
board, activities and arranging. A very much planned DSS helps decision producers in
aggregating an assortment of information from numerous sources: crude information, archives,
individual learning from workers, the executives, officials and plans of action. DSS examination
causes organizations to recognize and take care of issues, and decide.

Comparison between the Management Information System and the Decision Support System
 The primary contrast between management information system and decision support system is
that the management information system (MIS) supports organized decision settling on while the
decision support system (DSS) offers help for unstructured or semi-organized decisions.

Management Information System gives information like reports to supervisors to settle on

required decisions. It helps operational and strategic dimensions of the association. It for the
most part supports organized decision making. As such, the decisions are all around
characterized and depicted in detail. Decision Support System is a system that gives information
to supervisors in the decision-production process. It offers help for unstructured or semi-
organized decisions. At the end of the day, these decisions can't be portrayed or characterized in
detail.

S.NO. MIS DSS

1. The fundamental spotlight is on the Concentrate is mostly on the semi/un-
organized assignments and the organized assignments, which request
standard choices. the administrative judgment.

2. Recognizes the data prerequisite. Builds up specific instruments for

utilizing in the choice procedure.

3. Builds up specific instruments for The primary accentuation is on the

utilizing in the choice procedure. information – control.

4. Delivers system depending on the cold Current data can be used in the
requirements. Decision Support System.

5. Only the in – direct access to the data Managers enjoy direct access to the
by the managers is provided. data.

6. Very much dependent on the computer Depends on the decision-making

expert. judgment.

7. Access to the data possibly requiring a Waiting is not at all required.

‘wait’ for the manager’s turn.
8. MIS chief may not totally comprehend Director has the learning about the idea
the idea of the choice. of the choice and the basic leadership
condition.
9. Main stress is on the efficiency. Main importance is laid on the
effectiveness.

The Role of Management Information Systems in Decision Making

Management information systems consolidate equipment, programming and system items in an incorporated
arrangement that gives chiefs information in a configuration appropriate for examination, checking, basic leadership
and revealing. The framework gathers information, stores it in a database and makes it accessible to clients over a
protected system.

Information Access
Supervisors require fast access to information to settle on choices about vital, money related,
advertising and operational issues. Organizations gather tremendous measures of information,
including client records, deals information, statistical surveying, budgetary records, assembling
and stock information, and human asset records. In any case, quite a bit of that information is
held in isolated departmental databases, settling on it troublesome for leaders to get to
information rapidly. A management information framework rearranges and accelerates
information recovery by putting away information in a focal area that is available by means of a
system. The outcome is choices that are speedier and progressively exact.
Data Collection
Management information systems bring together data from inside and outside the organization.
By setting up a network that links a central database to retail outlets, distributors and members of
a supply chain, companies can collect sales and production data daily, or more frequently, and
make decisions based on the latest information.
Collaboration
In circumstances where basic leadership includes gatherings, and also people, management
information systems make it simple for groups to settle on cooperative choices. In a task group,
for instance, management information systems empower all individuals to get to a similar basic
information, regardless of whether they are working in various areas.
Interpretation
Management information systems help chiefs comprehend the ramifications of their choices. The
systems gather crude information into reports in a configuration that empowers leaders to rapidly
distinguish examples and patterns that would not have been clear in the crude information.
Chiefs can likewise utilize management information systems to comprehend the potential impact
of progress. A business chief, for instance, can make expectations about the impact of a value
change on deals by running reenactments inside the framework and soliciting a number from
"imagine a scenario where the cost was" questions.
Presentation
The revealing apparatuses inside management information systems empower chiefs to tailor
reports to the information needs of different gatherings. In the event that a choice requires
endorsement by a senior official, the chief can make a concise official outline for audit. On the
off chance that directors need to share the point by point discoveries of a report with associates,
they can make full reports and give distinctive dimensions of strengthening information.
The role of the DSS in the process of decision making
Beforehand it was referenced that the MIS is most appropriate in recognizing issues and helping
chiefs understanding them to settle on reasonable and right decisions, however the primary
shortcoming of MIS is that it isn't gone for the explicit need of the individual and collective
choice creators. All the time the MIS does not give precisely the information that is expected to
tackle issues for individual and collective choice making. DSS is custom fitted to the explicit
need of the individual and gathering administrators. Along these lines, the DSS can expand this
support through the rest of the means (in target and criteria setting, elective inquiry, elective
assessment, settling on the decision and decision audit) of the decision making. At last DSS has
more jobs in decision-production and critical thinking than MIS (Raymond, 1998). Alternate
inquires about, for example, the accompanying affirm this thought: Uma (2009) has expressed
that a Decision Support System is an incorporated arrangement of PC instruments enabling a
decision producer to associate specifically with PC to recover information helpful in settling on
semi organized and unstructured decisions. Case of this decisions incorporate such things as
merger and obtaining decisions, plant development, new item decisions portfolio management
and advertising decisions.
Conclusion
Aside from assortment of information system in business world, MIS and DSS were the
fundamental worry of present article. It was discovered that MIS is most appropriate to
distinguish issues and help management to comprehend them to settle on reasonable decisions. In
the meantime, MIS isn't meant to encourage specific and explicit need of the individual and
collective choice making. Then again DSS are custom fitted to the explicit need of individual and
gathering directors. In this manner, it could be closed, that DSS can stretch out its support to
similar strides of decision making process and has more jobs in decision-production and critical
thinking than MIS. Because of some reasonable impediments, might be some of ventures of
decision making procedure to be picked and the others to be expelled. It is imperative to think
about which ones are wanted to alternate ones. In future works can examine on the job of other
information systems for directors' decision making and similar it to DSS and MIS.

Examples of different types of MIS :

As increasingly more business capacities have been computerized, information systems have
turned out to be progressively specific. These systems can either perform alone or can be
consolidated to make a bigger system that performs diverse capacities for various individuals.
Office Information System: It is an information system that utilizes equipment, programming and
systems to upgrade work process and encourage correspondence among representatives. It
supports a scope of business office exercises, for example, making and appropriating
illustrations, records, sending messages, booking and bookkeeping. All dimensions of clients in a
management can profit and utilize the OIS
Exchange Process System: These are information system that catches and procedures
information produced amid an association's everyday exchanges. They are business movement,
for example, store, installment, request or reservations.
Management Information System: It is a system that produces exact, convenient and sorted out
information so directors and different clients can decide, take care of issues, administer exercises
and track advance. Since it creates writes about a regular schedule, a management information
system at some point is known as a management detailing system.
Decision Support Systems: Decision support systems are information intended to enable clients
to achieve a decisions when a decision making circumstance emerges. A decision support system
can utilize information from inward or outside sources. Interior wellsprings of information may
incorporate deals, assembling, stock or money related information from an association's
database. Outside wellspring of information incorporate loan fees, populace patterns, cost of new
house developments. For Example, to set the yearly deals cites a supervisor can utilize the
Decision support system to give information support to factors which would impact inside and
remotely.
Official Information Systems: These are intended to support the information requirements for
official supervisors. Information is displayed in type of diagrams, tables
Master Systems: Expert systems is an information system that catches and stores the learning of
human master and after that mirrors human thinking and decision influencing process for the
individuals who to have less ability. Simulated intelligence is a piece of master systems, which
taken in your past conduct understanding, sense your activities and dependent on legitimate
suppositions will take proper activities to finish the errand.
Today, decision making is progressively troublesome. The requirement for decision-production
speed has expanded, over-burden of information is normal, and there is more contortion of
information. On the positive side, there is a more noteworthy accentuation on truth based
decision making. A mind boggling decision-production condition makes a requirement for
mechanized decision support. Research and contextual investigations give proof that a very
much structured and proper modernized decision support system can energize certainty based
decisions, enhance decision quality, and enhance the proficiency and viability of decision forms.
Most supervisors need more investigations and explicit decision-applicable reports rapidly.
Absolutely, we have numerous and expanding information needs. The objective of DSS is to
make and utilize better information. Today, there is a squeezing need to utilize innovation to help
settle on essential decisions. Decision producers perform better with the correct information at
the opportune time. All in all, modernized decision support can encourage exchange and arrange
learning. Viable decision support gives administrators more freedom to recover and dissect
information and archives to get actualities and results, as they require them.
From an alternate point of view, intellectual decision-production predispositions exist and make
a requirement for decision support. Information introduction and information accessibility
impact decision creators both decidedly and adversely. Lessening inclination has been an
auxiliary inspiration for building DSS. Most directors acknowledge that a few people are one-
sided decision producers however frequently question if a proposed DSS will diminish
inclination. For instance, decision creators "stay" on the underlying information they get and that
impacts how they decipher resulting information. Furthermore, decision creators will in general
place the best consideration on later information and either disregard or overlook authentic
information.
Evolving decision-production situations, administrative solicitations, and decision-creator
impediments makes a requirement for more and better decision support. We ought to consider
building an automated decision support system when (a) great information is probably going to
enhance the nature of decisions and (b) potential DSS clients perceive a requirement for and
need to utilize mechanized support.