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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

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What are the objectives and charateristics of MIS?

The objectives of a Management Information System (MIS) are to facilitate decision-making, improve operational efficiency, provide timely and accurate information, and support organizational goals. Some key characteristics of MIS include data integration from various sources, data analysis capabilities, user-friendly interfaces, and customization options to meet specific business needs.


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


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