What is the purpose of an MIS?
The primary purpose of an MIS is to assist the management in making strategic, tactical, and operational decisions. It offers up-to-date information on the company’s assets and helps various departments like – Marketing, finance, R&D, manufacturing, etc.
From storing data to making it accessible, MIS is a crucial aspect of every business Today. Other primary objectives are :
* Data storage
* Data retrieval
* Data propagation
* Planning
* Graphical report making
