In case you happen to be doing a homework for eLearning(Amity)...my guess is:
A long-term planning for MIS is essential as it's focus is strategic in nature, and are long term in nature and hence it's development and budgeting has to be planeed for if MIS is to be used and expanded but some parts are also medium term as in tactical, and short term as in operational. Without a long term plan integrating MIS of all three levels is difficult. Since business plan are by nature long term, its integration with MIS and its support to strategic nature is also long term. MIS is very much part of a business operation as it is like any long term assets, such as building and equipment. Without information or MIS, a transaction, plans required to managed becomes very difficult to compete in today's world without information.
Long-Term Capital Management was a hedge fund management firm. The company, which was founded by John Meriwether, was based in Greenwich, Connecticut but collapsed in the 90's.
information technology has emerged as the fundamental technology of business. information system has brought revolution in business. The barrier to communication has been over come to a great extent time and distance has been conquered to a great extent by the system. Technology is an enabler for more effectively managing the business, but does not solve the problem unless it is tied directly to business and governance objectives. There is an urgent need for IT in underdeveloped areas where access to even the smallest bits of knowledge can have far-reaching, long term effects Management Information system will help understand how all firms today, large and small, local and global, use information systems to achieve important business objectives, such as operational efficiency, customer and supplier intimacy, better decision making and new products and services. Data management .By using databases and data tools you can spot trends and make business decisions. Humanity has progressed from agricultural revolution to the industrial revolution and is now moving to an information revolution.
this answer to this question is very lOng...
Without the proper training to use an information system, renders the information system obsolete. Training and development helps in increasing the job knowledge and skills of employees at each level. It helps to expand the horizons of human intellect and an overall personality of the employees. It is particularly important to train users of an information system because it helps in increasing the productivity of the user. That in turn helps the organization further to achieve its long-term goal.
Computer based information systems are now seen as a critical part of information management and a way of providing companies an edge over their competitors. If your staff are spending a lot of their time trying to find documents, struggling with version control, have no idea of audit trails/archiving, or you have no idea who is accessing you data and potentially walking away with it to your competitors, then I would say that it will not be long before your competitors with information systems will have the edge over you. If you have no way of assessing data integrity or the increasing volumes of electronic data that are coming into/being generated/being distributed by your business, no archiving systems and no disaster recovery, then you may well be on your way to bankruptcy without even knowing it.
The McDonalds have been using the information system from as early as 1940s(over 70 years), making use of decision support systems, transaction processing systems, and management information systems.
Human relations issues, such as projecting employee retirement liability, are important to long-term employment policy.
Please give me the brief answer for " Explain hw management information systems can be effectively used fo various decision making purposes in a management concern?
Fleet management is basically looking over a companies fleet of vehicles and making sure they are doing their jobs properly. This website has a full job description along with various tasks and responsibilities of a fleet manager! I wish you luck! http://careers.stateuniversity.com/pages/817/Fleet-Manager.html
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not for long because an animal neds the digestive system to provide essential amino acids and essential vitamins and minearals which said animal could not live without
Ask your prescribing doctor for information. He will have the best information for you.
An information system (IS)
An information system (IS)
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Long-Term Capital Management ended in 2000.
Long-Term Capital Management was created in 1994.