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Management Information Systems is a general name for the academic discipline covering the application of people, technologies, and procedures -- collectively, the information system -- to business problems.
As an area of study it is also referred to as information technology management. The study of information systems is usually a commerce and business administration discipline, and frequently involves software engineering, but also distinguishes itself by concentrating on the integration of computer systems with the aims of the organization. The area of study should not be confused with computer science which is more theoretical in nature and deals mainly with software creation, and not with computer engineering, which focuses more on the design of computer hardware. IT service management is a practitioner-focused discipline centering on the same general domain.
In business, information systems support business processes and operations, decision-making, and competitive strategies.
Potential benefits of MIS investments
Investing in information systems can pay off for a company in many ways. Investments are a part of finance, the benefits are listed below:
1. Such an investment can support a core competency. Great companies invariably have one or two core competencies, something they can do better than anyone else. This could be anything from new product development to customer service. It is the heart of the business and no matter what it is, information technology can support that core competency. An IT investment in a company's core competency can create a significant barrier to entry for other companies, defending the organization's pnt system can be a major barrier to ...