Explain about the management information system, Business Management

Assignment Help:

Explain about the Management Information System.

Management Information System:

It is defined as like a formal method of making obtainable to management the precise and timely information essential to facilitate the decision making process and make possible the organisation’s planning, operational and control functions to be carried efficiently and effectively.

The reason is to aid decision making as well as not to automate the Decision making process.


Related Discussions:- Explain about the management information system

The going rate approach to international compensation, QUESTION (a) Wha...

QUESTION (a) What should be the objectives of an International Compensation Policy? (b) Explain the components of an International Compensation Program (c) Explain the Go

Prepare an analysis of the wage differential, A firm must balance the facto...

A firm must balance the factors used to determine the pay ranges of their employees balancing the job demands with sufficient pay levels to encourage employees to undertake the new

State briefly the arguments for and against prp, Question: In this era ...

Question: In this era of global competition, organizations are increasingly introducing Performance Management System (PMS) to improve organizational effectiveness. Many organ

Gender diversity, Three of the best companies in terms of their advancement...

Three of the best companies in terms of their advancement and development of woman are Motorola, Deloitte, and Touche and Bank of Montreal (See Nelson and Quick, 2007 p. 47). Avon

What are the sustainable development actions, Maurice Ile Durable was first...

Maurice Ile Durable was first announced by the Prime Minister as a long term vision aimed at promoting sustainable development. The main thrust of the project Mauritius Ile Durable

Ledership and organization behaviors, what are the challenges of only seein...

what are the challenges of only seeing the behaviors?

Benefits of computer aided design, Explain the benefits of Computer Aided D...

Explain the benefits of Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) to an organisation Reduced material wastage By precise design and pattern making

What are the main selection criteria for erp software?, Question 1 Warigon...

Question 1 Warigon is a retail company and they want to automate the payment system. Take up that you are the design engineer of that company. What are the aspects that you would

What are the different types of decisions, What are the different types of ...

What are the different types of decisions? Decisions might be of different types: Several of the significant kinds of managerial decisions are described below: • Programm

Explain the term motivation and its importance, QUESTION 1 (a) Define ...

QUESTION 1 (a) Define the term management and explain its functions? (b) Explain the problem solving and Decision-Making Process? QUESTION 2 (a) Explain the term "m

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd