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MIS - Definition and Concept, , Right Information, To the right person, At the right place, At the right time, In the right form, At the right cost, The three sub-components, Management, Information and System, - together bring out the focus clearly & effectively., , System emphasizing a fair degree of integration and a holistic view;, Information stressing on processed data in the context in which it is, , used by end users;, Management focusing on the ultimate use of such information, systems for managerial decision making.