The Impact of Management Information System to Business Organization

 –  The Impact of Management Information System to Business Organization – 

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ABSTRACT

This study examines The Impact of Management Information System in Business Organization with reference to Union Bank Plc.

It analyze general concern for every organization in recent times most especially because of the role it plays in the acquisition of skilled and knowledge required by employees in the performance of their job for the coherent of organizational effectiveness.

It entails the provision of necessary information to individual managers in an organization in order to improve their productivity and efficiency in the attainment of the overall objectives of the organization, which are profitability, market standard, employees satisfaction and social responsibility.

The data were collected to check the reliability, validity and accuracy in the process and table constructed for the respondents. Chi-square method was used and the statistical tables were constructed and tabulated to show respondent background such as level of education.

Percentage and absolute are also used for construction of this research essay. ,”45 questionnaires were administered to the workers of Union Bank Nigeria Plc, using chi-square to test the research hypothesis.

The findings revealed that companies should establish a record keeping system tailored to maintain its management information.

It therefore recommend that the use of the management information system in investment appraisal, prospective investor, merger and acquisition, valuation of business, company tax computation and finally on employee and business valuation evaluation.

TABLE OF CONTENTS

Pages
Title page i
Declaration ii
Certification iii
Dedication iv
Acknowledgement v
Abstract vi
Table of contents vii
List of Tables ix

CHAPTER ONE – INTRODUCTION

1.0 Introduction 1
1.1 Background of the study 2
1.2 Statement of problem 6
1.3 Research question 7
1.4 Objectives of the Study 7
1.5 Statement of the hypothesis 7
1.6 Significance of Study 8
1.7 Justification of the Study 8
1.8 Scope of the Study 9
1.9 Definitions of Terms

CHAPTER TWO – LITERATURE REVIEW

2.0 Introduction 11
2.1 Conceptual Framework 12
2.2 Theoretical Framework 21
2.3 Literature on the Subject Matter 22

CHAPTER THREE – RESEARCH METHODOLOGY

3.0 Introduction 29
3.1 Area of Study 29
3.2 Research Design 30
3.3 Source of Data 30
3.4 Study Population and Sample Size Determination 30
3.5 Method of Collecting Data 31
3.6 Procedure for Data Collection and Data Analysis 31
3.7 Research Instrumentation 31
3.8 Limitations of the Study 32

CHAPTER FOUR – DATA ANALYSIS, FINDINGS AND DISCUSSION

4.0 Introduction 33
4.1 Findings of the Study 33
4.2 Test of Hypothesis 45
4.3 Discussion of Findings 49

CHAPTER FIVE – SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.0 Introduction 51
5.1 Summary of Findings 51
5.2 Conclusion 51
5.3 Recommendations 52
5.4 Proposal for Further Studies 52
References 53
Appendix 56

INTRODUCTION

MIS stands for management information system, which we define as the development and use of information system that helps businesses achieve their goals and objectives. This definition has three key elements: development and use, information system, business goals and objectives (kroenke, 2011).

A system is a group of component that interact to achieving some purpose, an information system (IS) is a group of component that interact to producing information. A model of the components of an information system: computer hardware, software, data, procedures and people (kroenke, 2011).

These five components are present in every information system, for example, when you use a computer to write a report, you are using hardware (the computer, storage disk, keyboard, and monitor).

Software (word, or other word-processing program), data (the words, sentences, and paragraphs), procedures (the methods you use to starting the program to enter, save and back up), and people (you).

What is information? Information is knowledge derived from data, whereas Data is defined as recorded fact or figures (kroenke, 2011)

MIS provides several benefits to the business organization: the means of effective and efficient coordination between Departments; quick and reliable referencing; access to relevant data and documents; use of less labor; improvement in organizational and departmental techniques;

Management of day-to-day activities (as accounts, stock control, payroll, etc.); day-to-day assistance in a Department and closer contact with the rest of the world. MIS provides a valuable time-saving benefit to the workforce.

REFERENCES

Aagarwarl (2005). The information system identify crisis: Focusing on high-visibility and high Impact research, MIS Quarterly, vol. 29, no 3.

Abbott (2000) Training Teachers in Computer-based Management Information Systems. Journal of Computer Assisted Learning, 16 (1), 27–40.

Obi E., (2003). Educational Management: Theory and Practice. Journal of Poverty, Investment and Development www.iiste.org ISSN 2422-846X An International Peer-reviewed Journal Vol.21, 2016 8

Aral (2010), Assessing Three-Way Complementarities: Performance Pay, Monitoring and Information Technology, Sloan School of Management.

Awan, A.G. & Syeda Zurait-ul Zahra (2014) “Impact of Innovation on Consumers’ behavior: A case study of Pak Electron Ltd”, European Journal of Business and Innovation Research, 2(6):93-108.

Awan, A.G. & Asia Khan (2015) “Determination of the Role of Branch Managers in Promotion of innovations in Commercial Banks of Pakistan”, International Journal of African and Asian Studies, Vol 14: 21-28. Awan, A.G. & Ayesha Javed (2015) “Impact of Innovation on Employees performance” International Journal of Management and Information Technology, Vol 10 (11).

Awan, A.G, Shaukat Malik, Shehla Majeed (2015) “Impact of Management Support and Training of IT employees on productivity of an organization: Evidences from Textile sector in Pakistan” Science International, 27 (6).

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