It is called management information system.
A management information system is simply the study of how computer systems operate
Management information system refers to a computer system that is made up of software and hardware which provides support for the operations of an organization.
Further Explanation
The management information system collects data from different online systems, scrutinizes the information and provides some crucial data that helps the organization to make informed decisions. In other words, a management information systems help an organization in decision making.
The main reason why firms make use of management information systems is to enhance decision making and provide accurate data regarding the company’s assets which include: marketing, the material needed for production, real estate, marketing and many more.
Some of the types of information systems used by companies to create reports and extract data include
- Decision support system: are programs used by managers to collect data from different sources to aid decision making.
- Executive information system: are reporting tools which can be used to summarized report quickly, particularly reports from accounting, human resources, etc.
- Human resources management systems are used in matters relating to personnel.
Other types of information systems include:
- Accounting information system
- Local database
- Marketing information system and many more
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KEYWORDS:
- management system information
- employees
- managers
- data
- accounting
