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Questions and Answers
What is the role of management information?
What is the role of management information?
- To monitor business targets
- To provide raw data for decision-making
- To coordinate business activities
- To assist managers in decision-making (correct)
What is the primary purpose of a Management Information System (MIS)?
What is the primary purpose of a Management Information System (MIS)?
- To generate raw data
- To evaluate business performance
- To plan, monitor, evaluate, inform, and coordinate business activities (correct)
- To coordinate business activities
What are the uses of management information as mentioned in the text?
What are the uses of management information as mentioned in the text?
- Informing the decision-making process (correct)
- Coordinating business performance
- Monitoring business targets
- Generating raw data
What does the text state about communication systems and business performance?
What does the text state about communication systems and business performance?
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What do functional areas require for access to management information?
What do functional areas require for access to management information?
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What is the role of the Administrative function in a business?
What is the role of the Administrative function in a business?
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Why is flow of information important to managers in functional areas?
Why is flow of information important to managers in functional areas?
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How can business objectives be communicated to staff and teams?
How can business objectives be communicated to staff and teams?
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What does management information involve?
What does management information involve?
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Why is understanding and communicating business objectives important?
Why is understanding and communicating business objectives important?
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