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Management Information System (MIS) - Background Practice Questions And Well Elaborated Answers. $12.99   Add to cart

Exam (elaborations)

Management Information System (MIS) - Background Practice Questions And Well Elaborated Answers.

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  • Course
  • MIS.
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  • MIS.

Management Information System (MIS) - correct answer An organised collection of people, procedures and resources (1) designed to support the decisions of managers. Roles of Management - correct answer 1...

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  • July 25, 2024
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  • 2023/2024
  • Exam (elaborations)
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  • MIS.
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RealGrades
Management Information System (MIS) - Background
Management Information System (MIS) - correct answer An organised collection of people, procedures and resources (1) designed to support the decisions of managers.
Roles of Management - correct answer 1. Planning
2. Organisation
3. Coordination
4. Controlling
5. Forecasting
6. Decision making
Traditional Data Flow in Organisations - correct answer In an organisation is through notice boards, newsletters and memos. Technological systems include email, intranets, collaboration software e.g. databases.
Purpose of MIS - correct answer 1. Enables companies to make decisions in key areas.
2. MIS ensures that managers can make the correct decisions based on information received. 3. MIS aids managers in decision making. The three main types of decision making are... A. Strategic
B. Tactical
C. Operational
What other info would be required if a decision was to be made? - correct answer Obtained INTERNALLY - sales, other salesmen, last years sales.
Obtained EXTERNALLY - population of area, weather at that time, competitors, market climate.

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