Data Capturing- MIS capture data from various internal and external sources of organization. Data capturing may be manual or through computer terminals.
Processing of Data- The captured data is processed to convert into required information. Processing of data is done by such activities as calculating, sorting, classifying, and summarizing.
Storage of Information- MIS stores the processed or unprocessed data for future use. If any information is not immediately required, it is saved as an organization record, for later use.
Retrieval of Information- MIS retrieves information from its stores as and when required by various users.
Dissemination of Information- Information, which is a finished product of MIS, is disseminated to the users in the organization. It is periodic or online through computer terminal.