Describe any four effects of applying computer technology to Management Information System (MIS).

The effects of applying computer technology to Management Information System (MIS) are listed below: Increase in speed of processing and retrieval of data: Modern business situations, are characterized by, high degree complexity, tough competition and high risk and reward factors. This invariably calls for system capable of providing relevant information in minimum possible time. Computer with its unbelievably fast computational capability and systematic storage of information with random access facility has emerged as an answer to the problems faced by management. Processing of data in relevant form and design and retrieval of it, when needed, in fact requires considerably less time and facilitate the management action and decision-making. Expanded Scope of use of information system: System experts in business organizations develop areas and functions, where computerized MIS could be used to improve the working of concern. These types of applications were not feasible under the manual system. For example, computer has facilitated using of online real time system to provide information to various users sitting at remote locations which are far from a centrally located computer system. Widened scope of analysis: The use of computer provides varied type of information to decision-makers accurately and in no time. Such information equips executives to carry out thorough analysis of the problem and arrive at the final decision. Complexity of system design and operation: During the initial years, after the induction of computer for MIS, systems experts faced problems in designing systems and their operations. The reason at that time was the non-availability of experts required for the purpose. But these days the situation is better. The manufacturers have developed some important programs (software) to help their users. Integrates the working of different information sub-systems: A suitable structure of management information system may be a federation of information sub-system, viz., production, material, marketing, finance, engineering and personnel. Each of these sub-systems is required to provide information to support operational control, management control and strategic planning. Such information may be made available by common database. This common database may meet out the information requirements of different information sub-system by utilizing the services of computers for storing, processing, analyzing and providing such information as and when required. In this way, computer technology is useful for integrating the day-to-day working of different information sub-systems. Increased the effectiveness of information systems: Information received in time is of immense value and importance to a concern. Prior to the use of computer technology for information purposes, it was difficult to provide the relevant information to business executives in time even. The use of computer technology has made it quite easy to provide timely, accurate and desired information for the purpose of decision-making. More comprehensive information: The use of computer for MIS has enabled provision of more comprehensive information to executives on business matters.