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

Explain the steps of the communication process, QUESTION 1 (a) By using...

QUESTION 1 (a) By using a diagram, fully explain the steps of the communication process. (b) Elaborate on five barriers that affect communication arising from individuals ha

Controls on the production systems, Controls on the production systems: ...

Controls on the production systems: 1. No inventory is moved unless authorized to be so by a move card. 2. Each bin contains a fixed exact quantity of inventory no mor

E-strategy, Estimate the Contribution of an E-Strategy to the Achievement o...

Estimate the Contribution of an E-Strategy to the Achievement of an Organisation''s Objectives

DORIC CONVERSION TECHNOLOGIES, Explain the ethical issues from Peter Johns...

Explain the ethical issues from Peter Johnson''s point of view.

Macroeconomic, How could utility theory help us understand the difference b...

How could utility theory help us understand the difference between a federal income tax and a federal sales tax on consumer consumption patterns

What do you understand by organizational conflict, Question 1: (i) Exp...

Question 1: (i) Explain the "process of motivation", that is, how motivation works. (ii) With reference to three theories of motivation, explain how they are relevant for

Evaluating capital-expenditure, Evaluating Capital-Expenditure Proposals at...

Evaluating Capital-Expenditure Proposals at Biotechnique Chemicals In submitting a project for senior-management approval, the proposers had to identify it as belonging to one

What are the functions of trade unions, What are the functions of Trade Uni...

What are the functions of Trade Unions? The functions of trade unions are as follow: a. The provision of friendly services as like a place for leisure pursuits, information

Explain the recruitment and selection process, QUESTION 1 People are on...

QUESTION 1 People are one of the most important resources in an organization. Consequently, one of the main functions of the human resource manager is to ensure that the organi

Diversity management, Diversity management may be understood as the systema...

Diversity management may be understood as the systematic and planned commitment by organisations to recruit, retain, reward, and promote a heterogeneous mix of employees (Thomas, 1

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