0
The overall purpose of MIS is to provide profitability and related information to help managers and staff understand business performance and plan its future direction.
IMPORTANCE OF MIS:
1. MIS is always management oriented and keeps in view every level of management and gets the desired information.
2. Integrated - refers to how diff components(sub systems) are actually tied up together. eg: diff departments of organization linked together.
3. Useful for planning - as every organization makes log-term and short-term plans with the help of information like sales & production, capital investments, stocks etc management can easily plan..
4. Effective MIS helps the management to know deviations of actual performance from pre-set targets and control things.
5. its important for increasing efficiency.
6.MIS provides updated results of various departments to management.
7.MIS is highly computerized so it provides accurate results.
8.MIS adds to the intelligence, alertness, awareness of managers by providing them information in the form of progress and review reports of an ongoing activity.
9.Helps managers in decision- making.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the importance of MIS in present scenario?
importance of MIS in the present scenario
Explain the Importance of strategic planning in MIS?
what is the importance of strategic planning in mis?
Can you show MIS case studies?
I need the mis case study with answers
What are the pitfalls in developing a management information system?
Pitfalls in MIS Development • Organization does not have a reliable management system • Organization has not defined its mission clearly • Organization's objectives have not been specified • Management lacks interest in MIS development process & relies solely on MIS development's specification. • Communication gap exists between MIS development team and the management • MIS development team is incompetent
Explain the importance objectives of management information system and widening scope management information system?
The main objective of MIS is to improve the management decision making, by providing accurate and up-to date information about the key aspects of organisational performance.
What is the importance of MIS in present scenario?
importance of MIS in the present scenario
What is the importance of MIS in banking sectors?
What is the importance of MIS in banking sectors?"
Explain the Importance of strategic planning in MIS?
what is the importance of strategic planning in mis?
Importance of MIS in banking sector?
dont no it =) :] peace
What is the importance of MIS to new company?
Management information system (MIS) has most importance for every new company. Every company needed all information about employ, work, etc to management of their companies. MIS is the system that provide information to the company.
Importance of MIS?
The overall purpose of MIS is to provide profitability and related information to help managers and staff understand business performance and plan its future direction.
What is the importance of MIS for tourism industry?
To maintain records into a data base for future planning. To make managers aware of the strengths and weaknesses of their management systems.
What are various types of information system?
1) Accounting MIS 2) Financial MIS 3) Manufacturing MIS 4) Marketing MIS 5) HR MIS
Disadvantages of MIS?
disadvantages of mis
What is the chalanges of mis?
what is challenges of mis
Mis life cycle?
MIS cycle ?
What is Mean by MIS Executive?
mis name
