Objectives of Management Information Systems (MIS)

What is one of the objectives of Management Information Systems (MIS)?

To process large voluminous data effectively

Which of the following activities is NOT part of the data processing stage in MIS?

Storing

What does MIS primarily aim to provide managers with?

Future projections based on historical data

What is the importance of the retrieval stage in MIS?

To make information accessible to various users Signup and view all the answers

Which aspect does MIS focus on to meet the information needs of managers?

Customizing design based on managerial levels Signup and view all the answers

Why is it essential for MIS to provide future projections to managers?

To support decision-making processes effectively Signup and view all the answers

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

Transforming data into business information for decision-making Signup and view all the answers

Which aspect of management typically involves planning in an organization?

Top managers Signup and view all the answers

How does information processing contribute to businesses according to the text?

Increase in competition and reduced product life cycle Signup and view all the answers

What role does MIS play in decision-making within organizations?

Processing data into information for decision-making Signup and view all the answers

Which system provides controls to safeguard data in a business information system?

Management Information System (MIS) Signup and view all the answers

In the context of MIS, what does the acronym 'M' stand for?

Management Information Signup and view all the answers

Which of the following is NOT a role of Information Systems (IS) mentioned in the text?

Analyzing data Signup and view all the answers

What is the key principle of developing MIS on an exception-based approach?

Immediate reporting about exceptional situations Signup and view all the answers

What is one of the roles of information systems according to the text in transforming data?

Converting data into information and then knowledge Signup and view all the answers

How can information systems be used to improve performance according to the text?

By using them in every functional area of business Signup and view all the answers

Why does Management Information System (MIS) play a significant role in the decision-making process?

Because decisions are made based on relevant information retrievable from MIS Signup and view all the answers

How does Management Information System (MIS) help in establishing relationships among departments?

By facilitating proper exchange of information among departments Signup and view all the answers