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Historical development of management information systems.  

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Historical development of management information systems. The role of business information systems has changed and expanded over the last four decades. In the incipient decade (1950s and '60s), "electronic data processing systems" could be afforded by only the largest organizations. They were used to record and store bookkeeping data such as journal entries, specialized journals, and ledger accounts. This was strictly an operations support role. By the 1960s "management information systems" were used to generate a limited range of predefined reports, including income statements (they were called P & L's back then), balance sheets and sales reports. They were trying to perform a decision making support role, but they were not up to the task. By the 1970s "decision support systems" were introduced. They were interactive in the sense that they allowed the user to choose between numerous options and configurations. Not only was the user allowed customizing outputs, they also could configure the...

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