Management Information System (MIS) Basics
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Questions and Answers

What is the primary goal of a Management Information System (MIS)?

  • To oversee human resource information systems
  • To assist in manufacturing processes
  • To support business executives in decision making (correct)
  • To manage financial and accounting systems
  • What is the role of MIS in the current scenario?

  • MIS is strategically used to find key insights from available data (correct)
  • MIS is only used in decision making
  • MIS is only used for financial and accounting purposes
  • MIS is primarily used for manufacturing purposes
  • Which of the following is NOT a functional area of the business information system?

  • Manufacturing
  • Supply Chain Management (correct)
  • Research and Development
  • Quality
  • What does MIS help business executives to find?

    <p>A direction in which the business or organization needs to turn</p> Signup and view all the answers

    What does MIS stand for?

    <p>Management Information System</p> Signup and view all the answers

    What is a characteristic of a Management Information System (MIS) that distinguishes it from other types of information systems?

    <p>It is designed to meet the needs of a specific organization</p> Signup and view all the answers

    What is a key benefit of using an MIS in an organization?

    <p>It provides insights that inform business direction</p> Signup and view all the answers

    Which of the following functional areas is most closely related to the use of MIS in an organization?

    <p>Strategic planning</p> Signup and view all the answers

    What type of data is an MIS designed to provide to business executives?

    <p>Insights from available data</p> Signup and view all the answers

    How does an MIS support the decision-making process in an organization?

    <p>By providing fruitful insights</p> Signup and view all the answers

    Study Notes

    Management Information System (MIS)

    • MIS stands for "Management Information System" and is a specialized information system designed according to an organization's needs.
    • The primary goal of MIS is to assist business executives in decision-making.
    • MIS is used strategically in companies to help find key insights from available data.
    • The insights gained from MIS help business executives determine the direction in which the business or organization needs to move forward.

    Functional Areas of MIS

    • Manufacturing
    • Marketing
    • Quality
    • Financial and Accounting
    • Research and Development
    • Human Resource Information Systems

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    Description

    Learn about Management Information System (MIS), its goals, and how it helps business executives in decision making. Discover how MIS provides key insights from available data to support strategic business decisions.

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