MANAGEMENT INFORMATION SYSTEM AS A TOOL FOR DECISION MAKING (A CASE STUDY OF WEMA BANK PLC)

ABSTRACT

This research work examined Management Information System as a tool for decision making in banking industry.

 

The study laid emphasis in the rate with which management information system has influence business organization is so great and the involving technology has broadened the data processing beyond limit in electrical and mechanical engineering contracting companion for this reason the need for careful analyzing of the topic.

 

The Management information system as a toll for decision making with reference to Wema Bank PIc. A total number of 50 respondents both females and males with an average age of 21 years cutting across management team, senior staff and junior staff who were selected through random sampling method. They were given questionnaire to fill concerning their personal dispositions and responses relating to Management Information System (MIS).

 

The data collected was analyzed using simple percentage and chi-square test for goodness of it. Two hypothesis were tested; all were confirmed to be significant. The result showed that:

i)For effective decision making by the management, there must be adequate supply of information in the organization.

 

ii) Management Information System facilitate and enhance decision making in an organization to Improve productivity and performance.

Finally, some recommendation were made in solving the identified problems.

 

 

TABLE OF CONTENTS

 

CHAPTER ONE: INTRODUCTION

1.1      Background of the Study                                                                     

1.2      Purpose of Study                                                                         

1.3      Significance of Study                                                                            

1.4      Research Question                                                                                 

1.5      Research Hypotheses                                                                            

1.6      Statement of Problem                                                               

1.7      Scope and Limitation of Study                                                         

1.8      Organisation of the Study                                                                   

1.9      Conceptual Framework                                                             

 

CHAPTER TWO: LITERATURE REVIEW

2.1      Introduction                                                                                              

2.2      Current Literature Review                                                     

2.3      Management of Information Function and Need                      

2.4      Function and Value of Information                                                

2.5      Management Information System and Organisation Structure

2.6      The Nature of Planning of Control for Decision Making

2.7      System Theory and Concept                                                 

2.8      Summary of the Chapter                                                                     

 

CHAPTER THREE: RESEARCH METHODOLOGY

3.1      Introduction                                                                                              

3.2      Research Design                                                                         

3.3      Characteristics of Study Population                                               

3.4      Sampling Designs and Procedures                                      

3.5      Administration of Data Collection Instrument              

3.6      Data Collection Instrument                                                    

3.7      Techniques of Data Analysis                                                

3.8      Limitations of the Methodology                                                       

 

CHAPTER FOUR: DATA ANALYSIS AND HYPOTHESIS TESTING

4.1      Introduction                                                                                              

4.2      Data Analysis                                                                                          

4.3      Data Analysis According to Test of Hypotheses                       

4.4      Discussion of Findings                                                            

 

CHAPTER: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1      Summary                                                                                                     

5.2      Conclusion                                                                                                

5.3      Recommendation                                                                                   

5.4      Suggestion for Further Study                                                

Bibliography