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Home > QFINANCE Dictionary > Definition of management information system

Definition of

management information system

Operations & Production

computer system with information for management decisions a computer-based system for collecting, storing, processing, and providing access to information used in the management of an organization. Management information systems evolved from early electronic data processing systems. They support managerial decision making by providing regular structured reports on organizational operations. Management information systems may support the functional areas of an organization such as finance, marketing, or production. Decision support systems and EISs are types of management information system developed for more specific purposes.

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Definitions of ’management information system’ and meaning of ’management information system’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’management information system’ and other financial terms with our online QFINANCE Financial Dictionary.

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