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Management Information Systems Assignment I Unit Code: HBT 2301 B.B.I.T 3.1 Group No: 5 Group X

This document is a group assignment for a Management Information Systems course. It contains the names of 10 students in Group X and examines the role of management information systems in digital transformation. Specifically, it discusses how MIS helps manage data, analyze trends, identify problems, assist with strategic planning, set goals, increase efficiency, compare business performance, and provide operational data to junior management. References are included at the end.

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116 views3 pages

Management Information Systems Assignment I Unit Code: HBT 2301 B.B.I.T 3.1 Group No: 5 Group X

This document is a group assignment for a Management Information Systems course. It contains the names of 10 students in Group X and examines the role of management information systems in digital transformation. Specifically, it discusses how MIS helps manage data, analyze trends, identify problems, assist with strategic planning, set goals, increase efficiency, compare business performance, and provide operational data to junior management. References are included at the end.

Uploaded by

george
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MANAGEMENT INFORMATION SYSTEMS

ASSIGNMENT I
UNIT CODE: HBT 2301
B.B.I.T 3.1
GROUP NO: 5
GROUP X

__________________________________

PETER RAGUE HDB212-0350/2018

SUSAN NYAMBURA HDB212-0256/2018

GEORGE NDIRANGU HDB212-0269/2018

DENNIS KARIUKI HDB212-0299/2018

ALEX WAINAINA HDB212-0536/2018

ELIZABETH MURIUKI HDB212-0837/2018

DIDIER AIJAH HDB212-0321/2018

LABAN KAMARA HDB212-0196/2018

BRIAN BORO HDB212-0331/2018

MORRIS KINOTI HDB212-0179/2018


ROLE OF MANAGEMENT INFORMATION SYSTEMS IN DIGITAL
TRANSFORMATION
Helps in Managing Data
Management Information Systems help in maintaining crucial business data for assisting in
complex decision making by the management. The critical information is stored in an
organized manner and it can be accessed by the administration quickly whenever required.

Analyses Trends
Management needs to prepare forecasts for strategic planning and determine future goals.
Thus, to create such a strategy, its essential to have an accurate report on prevailing market
trends.
Management Information Systems uses various mathematical tools for analysing the current
market trends and predicting future trends based on such information.

Problem Identification
Management Information Systems report provides information related to every aspect of
activities taking place in the company. Hence, in case any problem arises in front of the
management, Management Information System (MIS) reports are quite helpful in identifying
the source of the problem. The reports help in finding solutions to such issues.

Helps in Strategic Planning


Management Information System reports play a significant role in strategic planning of the
company. It helps in determining the future needs of the company and assists in formulation
of goals and strategy based on such information
Management Information Report is also helpful in identifying resources required to meet the
company’s objectives. Thus its vital that the information provided by Management
Information System reports is accurate and reliable.

Goal Setting
Goal setting is a crucial matter for any organization and it requires a lot of research and
development. Since the information provided in the Management Information System reports
is based on current data analysis hence its considered suitable and material for determining
the goal of an enterprise.
MIS reporting also include; the current market trends analysis and prediction of the future
trend. Thus, this is quite difficult for any company to neglect Management Information
system and reporting.

Page | 2
Increased Efficiency
The relevant information provided by Management Information System and reporting is
utilized in formulating goals and strategy of the company. Also, the performance of the
business can be assessed with the help of Management Information Systems (MIS) reports.
Hence, management Information System play a vital role in increasing the efficiency of the
company.

Comparison of Business Performance


The relevant business data and information of the company is stored and maintained in the
Management Information System (MIS) database. Since the MIS database can be accessed at
any time; hence the current performance of the firm can be compared with its previous year’s
achievement to measure the organization’s growth.

Provides Operational Data to Junior Management


The Management Information System helps the junior management personnel by providing
the operational data for planning, scheduling, control and helps them further in decision
making at the operation level to correct an out of control situation.

REFERENCES
(2018) Why MIS is important for businesses? Aristotle Consultancy. Retrieved from
http://aristotleconsultancy.com/blog/mis-important-businesses
Sakthivel, R, S. (2014) ROLE IMPACT AND IMPORTANCE OF MIS. Retrieved from
https://www.linkedin.com/pulse/20140901121616-270946654-role-impact-and-importance-
of-mis

Page | 3

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