12 Questions
What is one of the problems associated with using an MIS system, as stated in the text?
Data Quality Issues
In the context of MIS, what can happen if the data within the system is incorrect or misplaced?
Managers make faulty decisions
Which sensitive company data is mentioned as a target for hackers in the text?
Vendor information
What consequence can arise if hackers target and obtain sensitive company data?
Damage to company's image
What recent activity involving MIS systems is highlighted in the text as an example of security issues?
Stealing customer information by hackers
How can the quality of an MIS system be negatively impacted if the data is incorrect or insufficient?
It leads to faulty decisions
What is a key characteristic of a well-designed computerised MIS?
Supporting various output formats
What is an essential aspect of the data processing capability of a computerised MIS?
Processing data accurately and with high speed
How should a well-designed computerised MIS provide information to the management?
By providing organised and relevant information for all levels of management
What is a characteristic of data collected by a computerised MIS?
Collecting and organising large amounts of raw data of different periods of time from both related and unrelated nature
How should a computerised MIS store and retrieve data?
Aiming at extreme flexibility in data storage and retrieval
In what way should the development of a computerised MIS be planned?
In a top-down way with active participation from decision makers or management
Explore the challenges that come with using Management Information Systems (MIS) in business operations, particularly focusing on data quality issues. Understand how incorrect, insufficient, or misplaced data in MIS can lead to faulty decision-making by managers.
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