Describe the objectives of Management Information Systems.

Management Information System is a systematic process of providing relevant information in right time in right format to all levels of users in the organization for effective decision making. MIS is also defined to be system of collection, processing, retrieving and transmission of data to meet the information requirement of different levels of managers in an organization. 

According to CIMA- MIS is a set of procedures designed to provide managers at different levels in the organization with information for decision making, and for control of those parts of the business for which they are responsible. MIS comprises of three elements viz., management, information and system. 

Objectives of MIS : 
To provide the managers at all levels with timely and accurate information for control of business activities 
To highlight the critical factors in the operation of the business for appropriate decision making 
To develop a systematic and regular process of communication within the organization on performance in different functional areas
To use the tools and techniques available under the system for programmed decision making To provide best services to customers 
To gain competitive advantage To provide information support for business planning for future