Introduction

Role of Information system (IS) in Business envt.
- IS is an integral part of any business to collect, organise, manage, analyse and interpret the business information meaningfully.
MIS: Management information system
- Computer resources to
  - perform transaction processing for formal processing
  - reporting system to accomplish managerial decision support
Activities of MIS
- collection of raw data
- processing into meaningful results
- Interpret and transfer of results to consumers or managers for decision making
Nature and Scope of IS
- broad concept rather than a system
- integrated with data processing
- designed for knowledge or decision making function
Classification if IS
- perform transaction processing for formal processing
- reporting system to accomplish managerial decision support

IS Introduction