Management Information Systems

In Wikipedia

Is a general name for the academic discipline covering the application of people, technologies, and procedures—collectively, the information system—to business problems.

This field is directly linked to Management by objectives and to the monitoring of Key performance indicators. It can also help in processing specific information for decision making (for example analyse customer behavior).

Potential benefits of MIS investments

Investing in information systems can pay off for a company in many ways.
an investment can support a core competency.
It can enhance distribution channel management.
Such an IT investment can help build brand equity.
Information systems can mean better production processes
IT investment can boost production processes (2). Information systems allow a company flexibility in its output level.
Implementing IT experience can leverage learning curve advantages.
IT investment can impact mass customization production processes.
Leverage IT investment in computer aided design (1).
It means expanded E-commerce.
Information systems leverage stability.
The simple fact that IT investment takes a significant amount of money makes it a barrier to entry. Anything that increases capital requirements is a barrier to entry.