THE IMPACT OF MANAGEMENT INFORMATION SYSTEM IN DECISION MAKING (A CASE STUDY OF SELECTED SMES OGUN STATE)
Abstract
Management information system is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. Small and medium-sized enterprises cannot run adequately without effective management information systems. Management provides information for decision-making in any organization. Information is very vital and indispensable for the success and survival of any enterprise. For a firm to ensure and establish its existence as a going concern, it must aim at profit optimization. This can only be achieved through efficient use of management information system. In view of the role of management information system as being indispensable in any business organization, the research study examines the impact of management information systems in decision making using some selected small and medium-sized enterprises in Ota, Ogun State as case study. The research design used in this report is descriptive research design, utilizing questionnaire methods to obtain information from the respondents for this project. Primary data were collected from the primary source which questionnaire was used as an instrument of data collection while secondary data were sources from textbooks, journals, newspapers and the internet were employed. The data were presented on a frequency distribution table and analysed using simple percentages, while the hypothesis was tested using a chi-square test. In the course of this research, some problems which militate against effective and efficient performance of small and medium-sized enterprises like misinterpretation of data information in making appropriate managerial decisions, were discovered. However, some recommendations were offered as to improving the supply and use of management information system as an aid to small scale manufacturing firm decision.
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