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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.
How will you influence people to strive willingly for group objectives in your organization (target bases industry)? apply your interpesonal influence throught communication proces
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Employee or Customer Safety: Worn out equipment is likely to fail at any moment and these failures can cause injuries to the workers working on those equipments. Products such
I WANT TO MAKE FOR ME ASSESSMENT FOR THIS MODULE TITLE: CONTEMPORARY ISSUES
How is the break-even point computed? The BEP (Breakeven point) can be computed by using the given relation as follows: BEP = F/(1 – V/P)
Discuss about the policy and operative managerial decisions. Policy and Operative decisions: Policy decisions are very significant, they are occupied by top management, a
QUESTION 1 (i) Explain in detail the typical stages of the procurement cycle (ii) Describe briefly the relationships between the finance and the procurement functions within
What do you mean by morale? Morale: The word morale usually has an implication of group reactions which is what motivation does to the particular; it does to the work gro
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
How should handled a good grievances? A good grievances handling must: a. It must be simple, easy to know and to operate b. It must settle grievances at lower level c.
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