A LITERARY SURVEY ON MANAGEMENT INFORMATION SYSTEM AND ITS PERFORMANCE IN INDUSTRIES

A Management Information System (MIS) is proposed to unite unique things of data into intelligible information. The MIS is more than crude information or data reasonable for the motivations behind basic decision making. A MIS moreover gives strategies to translating the data the MIS gives. The new innovation of MIS is accessible with high review and influences the basic leadership process and decision making in light of the fact that the equipment and the product are the parts of the new innovation. In this Information age, information has turned out to be a standout amongst the most essential assets to associations. The viable and productive administration of vast amounts of information is a typical issue found in numerous enterprises. All operational data and communication framework are intended to help administration in controlling division like showcasing, generation, stores and purchase which are between connected for the better working of the association. Subsequent to gathering the criticism is the normal and standard deviation is ascertained for each reason and classified. This paper talks about the examination and utilization of administration framework in substantial scale enterprises. To accomplish this information was gathered through a pre-tried poll. Complex factor of survival constrains current business to move their essential concentration from simple 'benefit' to 'increasing upper hand' in their separate markets. Successful and proficient vital choice making by guaranteeing that the correct sort of data contacts the perfect individual in the correct organization at the opportune time decides the market position of any business. MIS is a quickly developing IT based framework that consistently make data from crude information gathered from different sources and orders individualized reports of different sorts which helps distinctive levels of administration in educated key basic leadership. MIS, situated with quickly developing innovation encompassing AI goes for greatest mechanization of business forms. This paper examines the job of MIS in the achievement and survival of present-day business and industry. The job of MIS in business and industry is analysed in detail. It starts with the examination concerning the data necessities of current business. Talks on the general kinds/divisions of MIS and how it takes into account different data necessities of a run of the mill business pursues. Utilization of MIS in existing associations and its critical applications for different levels of administration and other key partners are additionally talked about. With the current worldwide financial unrest, the requirement for expanded effectiveness and to improve most extreme profitability make the investigation on MIS applicable than at any other time.