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

743 Users found this project useful

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

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 TO 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 (2010) information technology (MIS) is the new technology or gathering, storing, manipulating and transferring information. Davis (2014) 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 (2015).

Davis (2014) 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?