>> December 2, 2010
Main characteristics of management information system (MIS) are given below:
In MIS, whole system is integrated with each movement of business. It will be supportive to produce more positive information.
2. Central Database
It is also the characteristics of MIS that it has a central database. Only correct validation, anyone can access to information.
3. Software Based System
MIS is software base system which is used in management accounting. It needs continually updates. Moreover, software will process data automatically.
MIS is more flexible system than any other system of management. We can adjust input data and processing technique according to need of business and get information according to this. We can also divide MIS in sub systems for proper recording and process of data.
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