Management information systems (MISs) in
business acquire and organize information from business-internal and business-external sources,
for example, internal cash register receipt data and external commodities price changes. The MIS
makes information available to management for facilitating faster and better
decision-makingoften using real-time dataand the MIS generates scheduled reports detailing
changes at all levels of the organization (
Once reserved for large corporations with their own mainframes, the technological innovations of
mobile digital platforms and cloud computingrun from software instead of from mainframesfits the
MIS to international businesses and brings the MIS to globally located entrepreneurs.
Small business entrepreneurs located globally can develop their own MIS
through software, as explained by
in "Management Information Systems (MIS)." Software can link a computer network of the
business and its suppliers, distributors, customers, and customer service and sales personnel.
The software-managed databases of information from each network branch constitutes the new,
globally-oriented small business MIS.
Two examples of this globalized MIS are
in the jewelry and furniture businesses springing up in Asian countries, like China and Vietnam,
that have computer links to raw resource suppliers, technology suppliers (e.g., suppliers of the
nano-technology for gold-filled jewelry), international distribution platforms (e.g., ebay.com),
international shipping companies (e.g., Chinese and U.S. postal systems operating jointly
through international treaty) and an international customer base. Information linked, acquired
and organized by computer networking makes a globally available MIS an integral component of the
growing global marketplace, once the domain of multinational corporations but increasingly the
stage for the globalized small business.
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