100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Management Information System (MIS) - Background Practice Questions And Well Elaborated Answers. $12.99   Add to cart

Exam (elaborations)

Management Information System (MIS) - Background Practice Questions And Well Elaborated Answers.

 7 views  0 purchase
  • Course
  • MIS.
  • Institution
  • MIS.

Management Information System (MIS) - correct answer An organised collection of people, procedures and resources (1) designed to support the decisions of managers. Roles of Management - correct answer 1...

[Show more]

Preview 1 out of 3  pages

  • July 25, 2024
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • MIS.
  • MIS.
avatar-seller
RealGrades
Management Information System (MIS) - Background
Management Information System (MIS) - correct answer An organised collection of people, procedures and resources (1) designed to support the decisions of managers.
Roles of Management - correct answer 1. Planning
2. Organisation
3. Coordination
4. Controlling
5. Forecasting
6. Decision making
Traditional Data Flow in Organisations - correct answer In an organisation is through notice boards, newsletters and memos. Technological systems include email, intranets, collaboration software e.g. databases.
Purpose of MIS - correct answer 1. Enables companies to make decisions in key areas.
2. MIS ensures that managers can make the correct decisions based on information received. 3. MIS aids managers in decision making. The three main types of decision making are... A. Strategic
B. Tactical
C. Operational
What other info would be required if a decision was to be made? - correct answer Obtained INTERNALLY - sales, other salesmen, last years sales.
Obtained EXTERNALLY - population of area, weather at that time, competitors, market climate.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart