Role of Management Information System in Jindal Power Industry in Odisha: A Paradigm Shift for Corporate Sustainability

NCIDCAS | Special Issue | December-2018 | Published Online: 22 December 2018    PDF ( 229 KB )
Author(s)
K.Palani 1

1Ph.D Research Scholar in Computer Science, JJT University, Juunjhunu-Churu Road ,Dist-Jhunjhunu,Rajasthan (India)

Abstract

This paper discusses the role of MIS in the success and survival of modern business and industry. The role of Management Information Systems is described in regarding of its capability for decision making. It is a computer system that provides management and other personnel within an organization with up-to-date information regarding the organization’s performance. The role of MIS in business and industry is examined in detail. It begins with the investigation into the information requirements of modern business. Management Information System (MIS) is basically concerned with processing information which is then communicated to the various Departments in an organization appropriate decision-making. Management Information System is a rapidly evolving IT based system that continuously create information from raw data collected from various sources and compiles individualized reports of various kinds which helps different levels of management in informed strategic decision making. MIS provides information which is needed to manage organizations efficiently and effectively. Management information systems are distinct from other information systems because they are used to analyze operational activities in the organization. Organizations still need different types of various organizational levels, functions, and business processes. This needs opportunities and challenges. Thus the application of MIS in existing organizations and its significant applications for various levels of management and other key stakeholders.

Keywords
Management Information System-Business-Information Technology-Industry, Information Requirements of the Business- Decision Making and MIS in an Organization
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