In the past, management information systems ran on mainframe computers.
As computing systems evolved, MIS moved to run on client/server systems.
Management information systems calculate what happens based on their collection of data on how the company operations performed in the past.
You can see what happens if the promotional budgets increase or staff levels are reduced.
From the 1960s to the early 1980s, practitioners and business schools referred to MIS, rather than IT.
In the early days, enterprise computing's main role was to help the CEO and CFO with information systems management for a few key run-the-business tasks, such as order entry, accounting and budgeting.
Management information systems contain past data for fundamental company functions such as sales, production and customer service.
They include information on revenue, expenses and investments, broken down into separate components.
With this knowledge, you can develop the optimal strategy for the company.
Bert Markgraf is a freelance writer with a strong science and engineering background.