10 Questions
What is the primary goal of a Management Information System (MIS)?
To support business executives in decision making
What is the role of MIS in the current scenario?
MIS is strategically used to find key insights from available data
Which of the following is NOT a functional area of the business information system?
Supply Chain Management
What does MIS help business executives to find?
A direction in which the business or organization needs to turn
What does MIS stand for?
Management Information System
What is a characteristic of a Management Information System (MIS) that distinguishes it from other types of information systems?
It is designed to meet the needs of a specific organization
What is a key benefit of using an MIS in an organization?
It provides insights that inform business direction
Which of the following functional areas is most closely related to the use of MIS in an organization?
Strategic planning
What type of data is an MIS designed to provide to business executives?
Insights from available data
How does an MIS support the decision-making process in an organization?
By providing fruitful insights
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
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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