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What competitive advantage to a training and consultancy services company may be provided by an information system?
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Karl Runte
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How does the marslow's theory of need affects the management information system?
The information provided needs to address each Maslow level of "need".
A good conclusion for a company formation project?
The study of the financial statement is fascinating one for analyzing a firms liquidity, profitability and solvency. It provided us essential information to company's relative performances with in the industry as well as determining the company's competitive competence position. Financial statement analysis helps us to take appropriate financial decision in the business field at the right time.
Need of mis?
due to the change in government policies,change in business size,growth rate, customers changing preference,intense level of competition, the top business managers and operation control level are constantly facing complex problems.To solve such problems and find an appropriate solution the organisations require information regarding the finance, production,market,etc.to tackle all these problems there should be provision made for providing correct information at the correct time.So the information can be easily made available by MIS. Different levels in an organisation requires different type of information: The top management requires on external management as well as internal organisation, for decision making as well as planning. The current information as well as the future information required for such process should be provided in the correct time. Administrative management looks into the operationalization of organisation, day to day performance and actions to be taken.the information required for such process is complex. the information to the administration management is provided by the top management and the supervisory management.the supervisory management requires information for the the it proper and efficient functioning and provide information about its activities to its top management.MIS helps the organisation in all these aspects by providing the right information at the right at the right place.
What are types of mis?
Management information systems are those systems that allow managers to make decisions for the successful operation of businesses. Management information systems consist of computer resources, people, and procedures used in the modern business enterprise. The term MIS stands for management information systems. MIS also refers to the organization that develops and maintains most or all of the computer systems in the enterprise so that managers can make decisions. The goal of the MIS organization is to deliver information systems to the various levels of corporate managers. MIS professionals create and support the computer system throughout the company. Trained and educated to work with corporate computer systems, these professionals are responsible in some way for nearly all of the computers, from the largest mainframe to the desktop and portable PCs.Management information systems can be used as a support to managers to provide a competitive advantage. The system must support the goals of the organization. Most organizations are structured along functional lines, and the typical systems are identified as follows:Accounting management information systems: All accounting reports are shared by all levels of accounting managers.Financial management information systems: The financial management information system provides financial information to all financial managers within an organization including the chief financial officer. The chief financial officer analyzes historical and current financial activity, projects future financial needs, and monitors and controls the use of funds over time using the information developed by the MIS department.Manufacturing management information systems: More than any functional area, operations have been impacted by great advances in technology. As a result, manufacturing operations have changed. For instance, inventories are provided just in time so that great amounts of money are not spent for warehousing huge inventories. In some instances, raw materials are even processed on railroad cars waiting to be sent directly to the factory. Thus there is no need for warehousing.Marketing management information systems: A marketing management information system supports managerial activity in the area of product development, distribution, pricing decisions, promotional effectiveness, and sales forecasting. More than any other functional area, marketing systems rely on external sources of data. These sources include competition and customers, for example.Human resources management information systems:Human resources management information systems are concerned with activities related to workers, managers, and other individuals employed by the organization. Because the personnel function relates to all other areas in business, the human resources management information system plays a valuable role in ensuring organizational success. Activities performed by the human resources management information systems include, work-force analysis and planning, hiring, training, and job assignments.
How the management accountant must tailor the information provided for the various level?
In a summary, the types of information that a management accountant should tailor to middle-level management is like preparing financial statements, assess internal controls, supervise accounting staffs, complete and review tax returns and also help to manage the general ledger. visit our page: applefreight.net/index.php
Why should System X be so concerned about the capabilities of soft Guide's data processing?
a. Why should SystemX be so concerned about the capabilities of SoftGuide's data-processing? b. What competitive advantages to a Training and Consultancy services company may be provided by an information system?
What are the services provided by tata consultancy services?
it
What is the name of the service provided by a physicians whose opinion is requested?
Consultancy.
What are the best services provided by Jaaydaad.com?
They provide a gamut of consultancy services like Legal Consultancy, Valuation & Validation Services, FDI, Joint Ventures & MoU consultancy to NRIs, Manpower Management in real estate
What information can one find on The Management Advantage website?
The latest wildlife management videos an be found on The Management Advantage website. Information about improving land for wildlife is also provided on this website.
Advantage of information technology for the people or users of PC?
As a starting block, the huge knowledge base provided by the internet.
What is the difference between management consultancy and business consultancy?
Difference between management consultancy and business consultancy is a thin line. We can say that in business consultancy, consultancy or a solution is provided to start-ups or small scale companies in order to gear up their position in the market WHEREASOrganisation require's help to manage their staff or operations, at this point they hire business consultancies. These consultancies help organisation in preserving the culture, innovation and entrepreneurial power which will help the company in maintaining balance and help in growing the structure for new domains.
How has technological innovation affected the investment advice industry?
Electronic trading and satellite information networks provided the information that was necessary for the industry to efficiently take advantage of global investment opportunities
How do information systems help organizations?
Information systems help an organization by providing important data. Executives can make decisions based on the data provided that will be more beneficial for the company.
What information can be provided?
Information provided by bajaj alliance
What is the relationship between the area of a triangle and a parallelogram?
Based on the information provided, the answer is none whatsoever.Based on the information provided, the answer is none whatsoever.Based on the information provided, the answer is none whatsoever.Based on the information provided, the answer is none whatsoever.
Advantages and disadvantages of Thurstone scale?
The main advantage of a Thurstone scale is that it provided data and information about AIDS. The biggest disadvantage is that it is very complicated to figure the data.
