Tech News

What is Simons Model of Decision-Making in Management Information System Simon’s Model of Decision-Making: Decision-making is a process in which the decision-maker uses to arrive at a decision. The core of this process is described by Herbert Simon in a model. He describes the model in three phases as shown in the figure below: Intelligence: … Read more

1. Formal System: Formal system is a system that is designed and developed using a set of well-established organizational policies, procedures, and principles, guidelines to coordinate and facilitate communication between different functional units and the processes they support, and to meet the overall information needs of the business. 2. Informal System: Informal Systems is the systems created … Read more

Types of Decisions in Management Information System. Types of Decisions: There are two types of decision making used in MIS. They are: Structured decisions. Unstructured decisions.  Structured decisions: Structured decisions are those that can be programmed. These decisions can be taken objectively. They are essentially repetitive, routine and involve a definite procedure for handling them. Herbert … Read more

Levels of Management. Each organization is made up of several levels. These could be classified broadly into three categories : Top, Middle and Junior management levels, The top management performs strategic planning and the other two levels provides supports in the form of processed information.    Top ( or strategic ) management establishes the policies, plans … Read more

Framework Framework For Understanding Management Information System. There is too much data and information in an organization. In order to design a MIS successfully, we need a framework to structure the information so that the data and information relevant for decision-making can be separated from rest of the data. Before we talk about the design … Read more

Characteristics Of Management Information System. System Approach: The information system follows a System’s approach. The system’s approach implies a holistic approach to the study of system and its performance in the light for the objective for which it has been constituted. Management Oriented: The top-down approach must be followed while designing the MIS. The top-down … Read more