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The type of information system that provides interactive and ad hoc support for decision making to end user managers is referred to as a?
Wiki User
∙ 12y ago
decision reporting system
Wiki User
∙ 12y ago
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What is nature of management information system?
The nature of management information system is that it can be used for purposes of decision making. This is a system which provides all the necessary information about an organization.
What are the benefits of resource scheduling?
There are three main benefits. One is that it allows time to consider other options. A second is that it provides information for budgets, and finally a third is that it helps project managers see how flexible they can be over resources.
What is the importance of MIS?
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 organization makes log-term and short-term plans with the help of information like sales & production, capital investments, stocks etc management can easily plan..4. Effective MIS helps the management to know deviations of actual performance from pre-set targets and control things.5. its important for increasing efficiency.6.MIS provides updated results of various departments to management.7.MIS is highly computerized so it provides accurate results.8.MIS adds to the intelligence, alertness, awareness of managers by providing them information in the form of progress and review reports of an ongoing activity.9.Helps managers in decision- making.
Which systems help managers monitor and control the business by providing information on the firm's performance?
Management Information System (MIS) It provides middle managements with reports on firm's performance to monitor firm and help predicts future performance. typically not very flexible systems with little analytic capability it use date from tps, duel to that it provides weekly, monthly, annual results, but may enable drilling not very flexible systems with little analytic capability.
What are the goals of management information system manager in an organization?
provides information that organizations require to manage themselves efficiently and effectively.Management information systems are typically computer systems used for managing. The five primary components: 1.) Hardware,2.) Software,3.) Data (information for decision making), 4.) Procedures (design,development and documentation), and 5.) People (individuals, groups, or organizations). Management information systems are distinct from other information systems because they are used to analyze and facilitate strategic and operational activities.
Where can I get satellite company comparisons?
A great website to check out is www.dishcomparison.com. It is interactive and will give you information to help you make a decision. It also provides links to current deals.
Where can someone find our more information about interactive intelligence?
There is a wikipedia web page that offers a lot of information regarding interactive intelligence. Interactive Intelligence is a company that provides the automated systems that many if not most corporations use.
How can information system support managerial decision making?
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What do you mean by PC KIOSK?
An Interactive kiosk is a computer terminal that provides information access via electronic methods.
What are roles of accounting in business?
the simplest answer to this question is that accounting provides information for managers to use in operating the business.
The area of accounting that provides managers of an organization with information they need to make decisions is called?
managerial accounting
Where can one find more information about interactive entertainment?
Interactive entertainment simply means a game or other product where the outcome is influenced by the user. This usually means video games. The website DFCINT has a great article about the interactive entertainment industry which provides a lot of technical information and debunks some common myths.
How to Compare and contrast financial management wit management accounting and financial accounting?
Management accounting is a field of accounting that analyzes and provides cost information to the internal management for the purposes of planning, controlling and decision making.Management accounting refers to accounting information developed for managers within an organization. CIMA (Chartered Institute of Management Accountants) defines Management accounting as "Management Accounting is the process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of information that used by management to plan, evaluate, and control within an entity and to assure appropriate use of an accountability for its resources". This is the phase of accounting concerned with providing information to managers for use in planning and controlling operations and in decision making.Managerial accounting is concerned with providing information to managers i.e. people inside an organization who direct and control its operations. In contrast, financial accounting is concerned with providing information to stockholders, creditors, and others who are outside an organization. Managerial accounting provides the essential data with which organizations are actually run. Financial accounting provides the scorecard by which a company's past performance is judged.Because it is manager oriented, any study of managerial accounting must be preceded by some understanding of what managers do, the information managers need, and the general business environment.
What is nature of management information system?
The nature of management information system is that it can be used for purposes of decision making. This is a system which provides all the necessary information about an organization.
What is the MIS?
An information system that integrates data from all the departments it serves and provides operations and management with the information they require and helpful in decision making.
Obstacles to managers in making effective decisions?
The first obstacle to managers in making effective decisions is bias. Managers are often bias to certain individuals or information that provides more weight in making effective decisions. The second obstacle is overconfidence. Some managers overestimate their abilities, and overlook team members that have strengths to get the job done.
Where can one learn about ITR Economics?
One can learn about ITR Economics from ITR Economics, Dreamland Interactive, and Hardinet. ITR Economics provides people with economic information, insight, and analysis.
