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

Discuss efficiency gains over woss and the market’, QUESTION ‘Although ...

QUESTION ‘Although the elegance and comprehensiveness of transactions costs reasoning has provided the internalisation approach with a powerful logic (Rugman, 1981, 1985), it i

Importance of interpersonal communication to school managers, QUESTION ...

QUESTION Read the text carefully and answer the following questions. Effective communication skills are a crucial necessity within contemporary organizations and are esse

Where is the supervisor taking care about the organization, What are the po...

What are the points where supervisor has to take care about the organization? A supervisor generally has to take care of the given: • Training and selecting of employees

Evaluating a training programme as suggested by kirk patrick, Question 1: ...

Question 1: Describe the four levels of evaluating a training programme as suggested by Kirk Patrick. Question 2: Using external organizations to train employees can

Merits of specialisation include-exquisite flowers, Merits of specialisatio...

Merits of specialisation include: Being able to provide a focused, specific and personalized service to their customers means that sole traders can thrive solitary tra

Improve quality to zero defects, The  primary elements of zero inventories ...

The  primary elements of zero inventories synonym to JIT ) are: a. To have only the  required  inventory when  needed. b. To improve  quality to zero  defects. c. To reduc

What types of problems are solved by breakeven analysis, What types of prob...

What types of problems are solved by breakeven analysis? Breakeven Analysis assists solving the given types of problems as follows: 1. What volume of sales will be essentia

Information needs at the top management, QUESTION Mauritius Institute o...

QUESTION Mauritius Institute of Technology (MIT), is a well-established private tertiary education institution located in Moka. The MIT operates two faculties with around ten d

Modes of strategic management are the approaches adopted, QUESTION 1 Or...

QUESTION 1 Organisations resist change for many of the same reasons as individuals do. There are also many forces inside an organization that create resistance to changes initi

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