MANAGEMENT INFORMATION SYSTEM (MIS) AS AN AID TO MANAGEMENT DECISION MAKING

  • Type: Project
  • Department: Business Administration and Management
  • Project ID: BAM0983
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 1.9K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

The study was aimed at appreciating the role of management information system as an aid to management decision making, in Juhel Nigeria limited Emene Enugu. The ignorance of management information system or lack of it in certain businesses especially small scale businesses has led to unsound management system, thereby affecting the effectiveness and efficiency of its operations. This ignorance of management information system may lead to the non-effectiveness and efficient accomplishment of the firms’ objectives. The objective is to determine the reliability of the current method of information generation and to find out the effect of management information system on quality of management decision making. The research design was the survey method. The two sources of data used to elicit information and data were primary and secondary sources. The population of the study was two hundred and thirty (230) and sample size was one hundred and forty six (146). The findings indicate that management styles have a great effect on workers productivity in the Juhel Nigeria limited Enugu; the conclusions indicate that management information system goes along way to increasing management decision making. The ingredients of any successful manager is ability to handle people effectively. The recommendations includes that the organization should be well structured and much attention paid to the decision making department which deals with the records and information.

CHAPTER ONE

INTRODUCTION

1.1       BACKGROUND OF THE STUDY

Management information system is the study of people, technology, and organizations. Management information on system provides information that is needed to manage organizations efficiently and effectively.

Management information system is more holistic than merely computerizing an aspect of a business.

Some people believes that once their organization is computerized, their management problems have been solved, but this is not the truth.

According to Toffler (1990: 7) information technology (MIS) is the new technology or gathering, storing, manipulating and transferring information. Davis (1974: 15) in his own view stated that a definition of management information system as the term is generally understood, is an integrated, machine system of providing information to support the operations, management and decon making functions in an organization. Where an organization like Juhel Nigeria Limited, decides to computerize its voucher/pay roll, create a data bank for its labour force and such related subjects, they do not by themselves constitute a management information system.

Management information system is not a new thing in any organization, it has always been there from the time, there are mangers requiring information that enables them to plan, control, and run the operations of their organizations. What is new are the added new advantages and dimension that the computer has provided to the manager in the exercise of his traditional junctions easily and more effectively Modum (1995: 25).

    Davis (1994: 26) in line with his, opines that processing support for management and decision functions precede the advent of computers but computers made it feasible.

Information technology has been found to be very useful in preparing financially. Computerization, data base bank, and such related subjects do not by them solves constitute a management information system.

1.2       STATEMENT OF THE PROBLEM

Managers of certain business, especially small scale manage their business intimitively. They are devoid of sound management system which would enable them, monitor effectively and efficiently, operating expenses and possible revenues. They do  not heed to the warnings and useful hints communicated by management information system. This ignorance of management information system or lack of it, may lead to the non-effective and efficient accomplishment of the firms objectives.

Information system, generally, constitutes the sole system through which both managers and external users get a clear picture of the organization as a total entity. Some managers fail to realize this fact and consequently, fail to appreciate the management’s analysis in respect of management information system’s generated. This could lead to poor and irrational decisions being taken and also may affect the profitability and performance of the organization.

The organization owing to management constraints or lack of effective planning or ignorance, may not employ needed experts and this causes the effect and importance of management information system on decision making, not to be observed or gained by the organization.

With respect to the above, the research in this study will seek to highlight on this information, management can derive from management information and their usefulness or benefits or lack of it and effect on decision making in business. 

1.3       OBJECTIVES OF THE STUDY

1)           To find out the effect of management information system on the quality of management decision making.

2)           To determine the reliability of the current method of information generation.

3)           To find out the accuracy and increase in speed of jobs by the use of computer.

1.4       RESEARCH QUESTIONS

THE FOLLOWING RESEARCH QUESTIONS WILL GUIDE THIS STUDY

1)           Does management information system have any effect on the quality of management decision making?

2)           How reliable is the current method of information generation to management information system?

3)           Does the use of computers increase the speed and accuracy of an organization’s job? 

MANAGEMENT INFORMATION SYSTEM (MIS) AS AN AID TO MANAGEMENT DECISION MAKING
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

Details

Type Project
Department Business Administration and Management
Project ID BAM0983
Fee ₦5,000 ($14)
Chapters 5 Chapters
No of Pages 65 Pages
Format Microsoft Word

Related Works

ABSTRACT The study was aimed at appreciating the role of management information system as an aid to management decision making, in Juhel Nigeria limited Emene Enugu. The ignorance of management information system or lack of it in certain businesses especially small scale businesses has led to unsound management system, thereby affecting the... Continue Reading
ABSTRACT This research work would be carried out to appreciate the role of management information system as an aid to management decision making. The ignorance of management information system or its in certain business especially small scale business has led to unsound. Management system, thereby affecting the effectiveness and efficiency of its... Continue Reading
ABSTRACT   This research work would be carried out to appreciate the role of management information system as an aid to management decision making.  The ignorance of management information system or its in certain business especially small scale business has led to unsound.  Management system, thereby affecting the effectiveness and efficiency... Continue Reading
ABSTRACT Decision-making is the hallmark of Management in any business enterprise whether big or small. Management on daily basis is beset with challenge of what to do, how to do, where to do, when to do and for whom to do. Strategic decision making is an ongoing process that involves creating strategies to achieve goals and objectives altering... Continue Reading
ABSTRACT Decision-making is the hallmark of Management in any business enterprise whether big or small. Management on daily basis is beset with challenge of what to do, how to do, where to do, when to do and for whom to do. Strategic decision making is an ongoing process that involves creating strategies to achieve goals and objectives altering... Continue Reading
The management of information technology plays a crucial role, especially in the communication and information sectors such as government establishments, where they build their competitive advantage on credibility and information.   Every aspect of management in the modern age relies heavily on information to thrive. Nothing moves without... Continue Reading
CHAPTER ONE DEFINTION OF TERMS Financial Accounting : Financial accounting is concerned with the recording of transactions for a business enterprise or other economic units and the periodic preparation of various reports from such records. Financial accounting then can be said to be a systematic gathering, identifying, summarizing and reporting of... Continue Reading
ABSTRACT Decision-making can be viewed as the very fabric of which organized activities are made. This partly depends on the amount of information supplied to management. This study is aimed at finding out information supplied by the accountants through financial accounting. The study revealed the information derived from financial statement, the... Continue Reading
ABSTRACT Decision-making can be viewed as the very fabric of which organized activities are made. This partly depends on the amount of information supplied to management. This study is aimed at finding out information supplied by the accountants through financial accounting. The study revealed the information derived from financial statement, the... Continue Reading
CHAPTER ONE INTRODUCTION 1.1       Background to the study Insurance businesses are today much more concerned about the effect of competition than they were a few years ago. They must react to the competitive threats not only from local source but also from regional, national and international source; likewise they must seek to explore all... Continue Reading
Call Us
whatsappWhatsApp Us