Management Information Systems

The purpose of any Information System is to help an Organisation manage its business better. For instance, an Inventory Management System would assist the organisation in keeping track of stocks and optimising stock levels. An HR Information system would help in managing the key Human Resources of the organisation, and so on. With ever increasing complexities of business as well as management, now a days, Information systems are not merely required for improving efficiency of business operations; rather these systems are used for effective business decisions and achieving strategic advantage.