Mis basic information concepts information can be defined as meaningfully interpreted data if we give you a number 1 212 290 4700 it does not make any sense on its own it is just a raw dat. Basic concepts of management information system there is no doubt that the right information at the right time at the right place is crucial in decision making therefore information and data is considered the most valuable assets and fundamental to the success of an organization. The concept of management information systems mis has evolved over a period of time comprising many different facets of the organizational function mis is a necessity in all the organizations the initial concept of mis was to process the data available in the organization and present it in the form of reports at regular intervals. Understand and apply design principles in information systems identify the basic components of management information systems conceptualize information systems as combinations of hardware and software technologies know the applications of information systems in various levels of management 12 basic concepts management information system is