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herbert simon's model is a MIS tool of making optimal choices which consist of three stages

1. Data gathering

2. Design model

3. making choice

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14y ago

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What does the abbreviation 'MIS' stand for?

MIS is an abbreviation for "Management Information System."


What is MIS Reports?

Usually MIS is the abbreviation for Monthly Income Statement. This is merely the Income Statement that shows the company's income for the period of one month.


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 is the full form of MIS in inventory?

In-In Ven-when tory-sock


Can you give me mis report for hr department with an example in excel with formulaes?

A MIS report is a management information system report and an Excel spreadsheet is a way of presenting such a report. But this question is unanswerable as written. Which company's HR department are they asking about?