Explain the Importance of strategic planning in MIS?
what is the importance of strategic planning in mis?
explain strategic MIS categories in details
Find out why MIS looked upon as a strategic need of management today?
What is the importance of MIS in banking sectors?"
importance of MIS in the present scenario
To maintain records into a data base for future planning. To make managers aware of the strengths and weaknesses of their management systems.
well first thing is a phone sex...
Management information system (MIS) has most importance for every new company. Every company needed all information about employ, work, etc to management of their companies. MIS is the system that provide information to the company.
Usually known as a Statement of Intent in development plans and documentations.
MIS stands for management information system. In airlines, MIS aids in planning and strategy formulations in order to offer better services to their passengers.
dont no it =) :] peace
characteristics of mis,nature of mis
In case you happen to be doing a homework for eLearning(Amity)...my guess is: A long-term planning for MIS is essential as it's focus is strategic in nature, and are long term in nature and hence it's development and budgeting has to be planeed for if MIS is to be used and expanded but some parts are also medium term as in tactical, and short term as in operational. Without a long term plan integrating MIS… Read More
Explain the importance objectives of management information system and widening scope management information system?
The main objective of MIS is to improve the management decision making, by providing accurate and up-to date information about the key aspects of organisational performance.
MIS in human resource function deals with routine activities like attendance recording and payroll calculations. The operational level activities also include maintaining the employee records which is used as a basis for strategic layers. With the growing importance of human resource management and increasing size of the organizations, maintenance of employee related data and generating appropriate reports are the crucial aspects of any organization. Therefore more and more organizations are adopting computer based human resource… Read More
The overall purpose of MIS is to provide profitability and related information to help managers and staff understand business performance and plan its future direction.
There are a few differences between EDP and MIS. EDP is mainly used for bookkeeping, operational management, and clerical work. MIS is business driven, heavy planning, common data, and larger reports.
Mis helps in planning and controlling in an organisation but decision making means select a single alternative among all possible alternative.
Modern business is spurred on by technology and innovation. The driving force behind these two things is information and how it is used. For decades, business used information as a strategic tool to grow customer base, market share, cut costs and to gain the overall target of increased profits and efficiency. In the modern environment, information on its own isn't enough, what's required is a way to use this information properly, keep it secure and… Read More
MIS is the interpretation of information while marketing research is the gathering of information. MIS is used by managers for planning, leading and organising.
Explain three factors that led to the introduction of a Management information system in an organisation in your country?
explain three factors that led to the introduction of mis in your country
The overall purpose of MIS is to provide profitability and related information to help managers and staff understand business performance and plan its future direction. IMPORTANCE OF MIS: 1. MIS is always management oriented and keeps in view every level of management and gets the desired information. 2. Integrated - refers to how diff components(sub systems) are actually tied up together. eg: diff departments of organization linked together. 3. Useful for planning - as every… Read More
Explain the impact of MIS on HRIS with a neat diagram
People are naturally afraid of MIS technology, ie ...how will it be used... against them? Consistency and reliability of input by employee, managements reaction or inaction regarding employee input.
1)helps to recognise market trends: MIS helps managers to recognise market trends, in respect of price, designs of products, fashions, etc. timely information of the market trend enables the firm to follow the right course of action. 2)facilitates marketing planning and control: effective marketing planning is required in terms of product planning, pricing, promotion and distribution. such planning will be possible only if the company is possessing adequate and relevant information. this is also possible… Read More
EDP : Electronic Data Processing MIS : Management Information System DSS : Decision support System Strategic and end users support E-business , E-Commerce
Components of MIS:- 1) Marketing Research System (MRS) 2) Marketing Intelligence System (MIS) 3) Internal Recoed System (IRS) 4) Dission Support System (DSS
An MIS provides the following advantages. 1. It Facilitates planning : MIS improves the quality of plants by providing relevant information for sound decision - making . Due to increase in the size and complexity of organizations, managers have lost personal contact with the scene of operations. 2. In Minimizes information overload : MIS change the larger amount of data in to summarized form and there by avoids the confusion which may arise when managers… Read More
state how MIS ( management information system) helps in improving planning and contributes to Total Quality Management?
An MIS provides the following advantages. It Facilitates planning : MIS improves the quality of plants by providing relevant information for sound decision-making. Due to increase in the size and complexity of organizations, managers have lost personal contact with the scene of operations. It minimizes information overload : MIS change the larger amount of data into summarized form and there by avoids the confusion which may arise when managers are flooded with detailed facts. MIS… Read More
Artificial intelligence is a branch of computer science concerned with the study and creation of computer system that exhibit on the system.
Modern businesses have been leveraging management information systems (MIS) to manage, order, organize and manipulate the gigabytes and masses of information generated for various purposes. MIS helps businesses optimize business processes, address information needs of employees and various stakeholders and take informed strategic decisions. However, budget allocation and monitoring issues can affect the efficacy of MIS. It has its advantages and disadvantages depending on organizational deployment and usage. Advantages Better Planning and Control Management information… Read More
Management Information Systems (MIS) not only include software systems, but the entire set of business processes and resources that are used to pull together information from functional or tactical systems. Data is then presented in a user-friendly and timely manner so that mid and upper-level managers can use it to take the right actions. The entire system is designed so that the company will meet its strategic and tactical goals.
"Mis" would best translate to "mine". For instance, "mis hermanos" would translate to "my brothers" and "mis besos" to "my kisses". Entender, mis amigo?
mis ensueños; mis ilusións; mis sueños; mis soñars
1) Accounting MIS 2) Financial MIS 3) Manufacturing MIS 4) Marketing MIS 5) HR MIS
Challenges in studying MIS: Some of the distinguishing challenges that the people face while planning, using or approving management information systems are: • MIS requires a wide variety of knowledge areas including accounting, finance, marketing and manufacturing. Therefore having both technical and practical experience in these subjects is very useful. • Both technology and technology-related products are emerging at very high pace. Consequently no one possibly be proficient in all new technologies and compromises have… Read More
MIS is an abbreviation for "Management Information System."
disadvantages of mis
what is balanced mis
What is MIS and its objectives When computer and human work together to collect, store and use data for efficient and effective planning and operations in an organisation is known as Management information system. Its objectives are- to provide right kind of information at the right time at the right place to the manager to make correct selection or best course of action during decision making.To provide tools for planning and controlling for successful functioning… Read More
What are the essencial componants of an effective mis and why
freedom is a major theme in Les Mis. Not only is it the ultimate destination for the journey of each character (either emotionally, spiritually or even physically) but it is also shown in the ongoing French Revolution.
the major answer for MIS, when examined closely, is quite simple. Through thorough analysis and critical thinking, it is clear that there is only one true option. The answer, a complex and multi-layered thesis, is one that depends on a few volatile yet for the most part controllabe factors. When one thinks of this question, one thinks, What is MIS? The answer is quite simple. Through deep and analytical thought process, we can see MIS… Read More
A am hotel background graduate planning to study MIS would it be possible to study this without having any technical knowledge?
Many individuals take a master's degree that is unrelated to their bachelor's degree. If you have a passion for MIS, then research it. Find an institution that offers this degree, and inquire about any prerequisite coursework needed. If there are prerequisites you have not completed, you may have to take them first at the undergraduate level. Still, it is doable if your are willing to do whatever it takes.
Mahlon R. Straszheim has written: 'Transportation policy as an instrument for altering regional development patterns - mis-directed emphasis?' -- subject(s): Regional planning, Transportation, Transportation and state, United States
What is the prefixes of the wor mis
need of MIS?
The math is trivial. The problem is knowing what the words mean. "millennnium" = 1,000 years, mis-spelled "decade" = 10 years 1,000/10 = 100 decades in one millennnium
Factors contributing to success of MIS: If MIS is to be success, then it should have all the features listed below: 1) MIS is integrated into the management function. It sets clear objectives to ensure that MIS focuses on the major issues of the business. Also adequate development resources are provided and human & organizational barriers to progress are removed 2) An appropriate information processing technology required to meet the data processing and analysis needs… Read More
MIS is a monthly income scheme in post office in which you get 8 % interest and the interest is paid monthly . foe 1 lakh rs you get 666 per month . maximum dep limit for single a/c is 450000 and for joint a/c it is 900000 period for 6 years characteristic of MIS. 1.Management oriented. 2. Business driven. 3. Integrated system. 4. Flexibility. 5. Distributed system. 6. Data base. 7. Information as a… Read More