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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 of an organisation. Information for controlling the the activities of organisation.to record, store and retrieve information for operation of organisation.to help in budgetting,accounting, controlling and management functions
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What are The 6 objectives of mis?
Objectives of MIS· How is the market currently allocated? · Which are the competitors product offer to hold share in the market? · Pros and cons of this product · Customer set of each of these products · Money spent in advertising · In what stage of the product life cycle in each product Objectives of MIS · How is the market currently allocated? · Which are the competitors product offer to hold share in the market? · Pros and cons of this product · Customer set of each of these products · Money spent in advertising · In what stage of the product life cycle in each product
What are the pitfalls in developing a management information system?
Pitfalls in MIS Development • Organization does not have a reliable management system • Organization has not defined its mission clearly • Organization's objectives have not been specified • Management lacks interest in MIS development process & relies solely on MIS development's specification. • Communication gap exists between MIS development team and the management • MIS development team is incompetent
Objectives the courts consider when seeing if cruel and unusual punishment is warranted?
Unless I mis-understand the question - - there is no such thing as "cruel and unusual punishment" in the U.S., warranted or otherwise.
What are the objects of MIS?
Objectives of MIS· How is the market currently allocated? · Which are the competitors product offer to hold share in the market? · Pros and cons of this product · Customer set of each of these products · Money spent in advertising · In what stage of the product life cycle in each product Objectives of MIS · How is the market currently allocated? · Which are the competitors product offer to hold share in the market? · Pros and cons of this product · Customer set of each of these products · Money spent in advertising · In what stage of the product life cycle in each product
how can MIS benefit an organisation?
Management Information Systems (MIS) can benefit an organization by providing real-time data and reports for decision-making, improving efficiency through automation and streamlining of processes, and enhancing communication and collaboration among employees. MIS also helps in monitoring performance metrics and tracking progress towards goals, ultimately leading to better strategic planning and alignment with business objectives.
What are various pitfalls in MIS?
Management Pitfalls: -1 . Poor Existing Management System :- Even excellent MIS cannot make up poor management system . In fact , the existing management systems are the base for Developing MIS. Whatever Shortcomings are associated with the basic management system ; the same shortcomings can be expected in the developed MIS .2. Poor Definition of Business :-In absence of such basic information , MIS development cannot be effective because we have stated in the beginning of the next that MIS borrows its objectives from the mission statement and future strategies of business .3.Poor Organization of MIS :-MIS has been neglected in the organization of any business firm .If we analyze organization chart of the business firms , the majority will not have an independent MIS department . Usually MIS functions are performed the accounting department.4 . Inadequate Resources : -Due to poor management , an MIS project may be starved of resources . For successful completion of the project , the outlays should be provided separately and once allocated for development of MIS, funds should not be diverted to another users....
What are various types of information system?
1) Accounting MIS 2) Financial MIS 3) Manufacturing MIS 4) Marketing MIS 5) HR MIS
How is the purpose of any Organization achieved?
The purpose of an organization is to accomplish the goals and objectives as indicated within the organization's vision statement. It is achieved with help of proper maintenance of MIS and implementing the studies in day to day activities.
Mis life cycle?
MIS cycle ?
What are essential components of effective mis and why describe the mis of an organisation?
What are the essencial componants of an effective mis and why
State the objectives of the total system in management information system?
The objectives of a management information system are to provide relevant and timely information to support decision-making, improve operational efficiency, enhance productivity, and facilitate strategic planning within an organization. The system aims to collect, process, store, and distribute information to help managers at all levels make informed decisions that align with organizational goals.
What is the opposite of mis?
The opposite of "mis" is "correct" or "right."
