Essential Requisites Of A Expert Mis

Essential Requisites of a Good MIS

The next icon depicts the 8 essential requisites of a practiced MIS.

Image credits © Prof. Mudit Katyani.

The essentials of a practiced Marketing Information System (MIS) is listed below:

1. MIS must endure unified as well as centralized.
2. It must facilitate decision making.
3. It must provide quick as well as accurate information.
4. It must endure economical.
5. It must endure selective.
6. It must endure futurity oriented.
7. It must render information regularly.
8. It must occupation novel techniques.

Now let's verbalize over as well as honor out, “How a practiced MIS must be?”

1. Unified as well as centralized : MIS must endure unified as well as centralized. It collects as well as stores dissimilar types of market information. All of this information must endure unified as well as centralized. That is, all the marketing information must endure brought together (unified) as well as kept at i cardinal house (centralized). So, it must endure at the central-office. This volition lawsuit inwards slowly access as well as quick reference. The managers volition endure able to honor all the required information at i place.
2. Facilitate determination making : MIS must facilitate determination making. That is, it must guide the marketing managers inwards determination making. It must provide required information to the managers to help inwards taking decisions. This information must endure of a practiced quality. That is, it must endure relevant, reliable, as well as up-to-date. This volition lawsuit inwards an accurate decision-making process. So, it must non entirely endure a information bank. It must play a positive role inwards the decision-making process.
3. Quick as well as accurate information : MIS must provide quick as well as accurate information. Today, managers possess got to accept quick-decisions because the marketing is moving really fast. If they don't accept quickest decisions, as well as thence they volition lose many marketing opportunities. Therefore, it must provide quick information to the managers. This information must likewise endure accurate, regular as well as continuous. It must endure a user-oriented one. It must collect, classify, verify, shop as well as render information rapidly as well as accurately.
4. Economical : MIS must endure economical. That is, it must non endure really costly. The expenditure on it must endure minimum. It must non move yesteryear its value. It must hand maximum benefits to the fellowship at a minimum cost. It volition endure economical entirely if it is selective. It must endure detail inwards collecting, analyzing, storing as well as supplying information. It must occupation a minimum reveal of employees inwards its operation. It must endure economical because it is non direct productive. It is a service as well as back upwards function.
5. Selective : MIS must endure selective. That is, it must non collect all the marketplace information. It must entirely collect relevant information. It must collect information, which is really essential as well as useful for determination making. If it is non selective at that topographic point volition endure a waste materials of time, energy, storage infinite as well as money.
6. Future oriented : MIS must endure forrad looking i.e. future-oriented. It must non endure a past-oriented one. It must hand to a greater extent than importance to future-oriented information. It must provide information for solving problems, which may come upwards up inwards the future. The fellowship volition endure successful if their marketing managers are future-oriented. The marketing managers tin endure thence entirely if the MIS is likewise futurity oriented.
7. Supply information regularly : MIS must render information regularly. The business surroundings is changing constantly. So, the marketing managers possess got to accept marketing decisions continuously. Therefore, they demand a regular as well as continuous menstruation of marketplace information. This information must endure provided yesteryear MIS. So, it must render information regularly to the marketing managers.
8. Use novel techniques : MIS must occupation novel techniques for collecting, analyzing, storing as well as supplying information. It must occupation computers as well as micro-films. It must occupation novel communication techniques. It must likewise brand the occupation of the Internet as well as latest software programs. These newer techniques volition increase the efficiency as well as accuracy of MIS. MIS volition likewise guide house away to a greater extent than economical yesteryear using novel techniques.