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