Types of MIS report | MIS Reports in Hindi [Management Information System] | TechMoodly

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  • Опубліковано 11 сер 2020
  • Today, I’m going to explain types of MIS Report in hindi [Management Information System]. Watch to learn types of management Information System's report and don’t forget to subscribe to our channel and turn on your notifications!
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    What is MIS report?
    MIS reports are the reports generated from MIS. MIS stands for the management information system, which is an information system used by most organizations to coordinate, control, and visualize data for better decision making.
    MIS reports provide business managers at all levels a concise and comprehensive view of business’ daily activities and help them to evaluate these business processes, discover problems, and make decisions.
    Types of MIS report:
    There are many categories of the Management Information System. The types of MIS report can be concluded as the following four types.
    The Summary Reports:
    Summary reports are commonly the most utilized report because it pertains to the day-to-day picture of the business. It aggregates the information and present data in such a way that managers can make sense of it.
    If it is an inventory summary report, then it will include information like the value of inventory in stock as well as the value of new purchases.
    If it is a sales summary report, then it provides detailed insight from daily sales, including fees, discounts, taxes, liabilities, and payments.
    The Trend Reports:
    Trend reports compare how different things perform, and also allow you to compare present performance with past performance. For example, it can show how well a product category or business unit is doing from one year to the next.
    It also allows you to see how your customers’ shopping habits are changing based on the customer data, or a specific business area and see if your financial performance is aligned to the general direction of your industry.
    The trend reports can pinpoint problem areas and figure out how to correct them.
    The Exception Reports:
    An exception report states those instances in which actual performance deviated significantly from expectations, usually in a negative direction.
    This type of MIS report will collect every single instance of these abnormal occurrences and then put them in one place where management has easy access to it.
    Exception reports focus management attention on just those areas requiring immediate action.
    For example, an exception report could point out those instances in which expenses were higher than the budget or where production levels were lower than the production plan; then, managers can take action.
    On-Demand Reports:
    On-demand reports allow managers to generate an MIS report whenever they need it. The report formats and the information contained in them depend on both requirements of the manager that needs them and on current conditions.
    For example, the business owner might want a sales report for a specific product line to see how well it is selling in a particular city during a given holiday season, or at a specific price. The MIS reports will show how a change in the price of a product will affect the profitability of that product.
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