Define Management Information Systems (MIS).

Management Information Systems (MIS) are computer-based systems that collect, process, store, and distribute information to support managerial decision-making and organizational activities. MIS capture data from various sources within an organization, process it into meaningful information, and present it in a structured format for managers to use in planning, organizing, directing, and controlling business operations. MIS provide managers with timely, relevant, and accurate information to monitor performance, analyze trends, identify problems, and make informed decisions. These systems support a wide range of functions, including financial management, human resource management, inventory control, customer relationship management, and strategic planning. MIS play a critical role in improving efficiency, effectiveness, and competitiveness within organizations by facilitating data-driven decision-making and enabling better coordination and communication across departments and levels of management.