With the massive use of MIS programs, people should be able to identify the types of management information system reports that they will be encountering. MIS stands for management information system. It is a software that allows people to manage the different data and information that comes to their business. This is why there are many different types of management information system reports. This is why it is important that you get to understand them all.
Summary types of management information system reports are, as the name implies, reports that show the summaries of the different categories that are deemed important in the management information system software. Being summaries, there are many different kinds of items that will be shown there to be able to reflect the entirety of the report. Oftentimes, these types of management information system reports can be formatted so that it will show the most important factors and items on the list.
Trend types of management information system reports are the reports that allow people to see and compare how the business is doing. There are many different kinds of businesses that are in the same category as yours. This being said, getting a trend report will show you the trends that are important to the business that you are running so you can be able to evaluate the business based on the current trends and needs of your target market. The trend reports also include the factor of time in them. This is because trends come in different times and hence there will be comparisons that can be set monthly, yearly or even year over year. Basically, these reports will show the management the trends that the businesses are not following well so that they can improve them. It will also show the demand and hence the business can match them well too.
Exception types of management information system reports are reports that show the data and information that are not of the normal ranges. You see, sometimes in a business you will notice that there will be unusual conditions. These conditions will show themselves when you create reports. The exception types of management information system reports will show you the important parts of your business that are not in their normal values. This way, you will be able to do something about them and make sure that the management can do something about it the soonest possible time.
Lastly, the on demand types of management information system reports are those reports that show the values of the items and parts of the business that you want to get to know better. As the name implies, these types of management information system reports will ask you to specify which information it is that you need and they will pull up the records and form a report for it. In other words, on demand types of management information system reports are like custom reports that you can customize to show the items and values that you need to see to study and manage.