Quiz 1 Flashcards
What is the primary goal of a Management Information System (MIS)
To provide accurate and timely information for decision-making.
Which of the following is NOT a characteristic of an effective MIS?
Eliminates all human intervention in business processes.
What are the main components of a Management Information System (MIS)?
Hardware, Software, Data, People, Processes
How does MIS help in decision making?
By providing accurate and updated information for strategic planning.
What is the role of databases in MIS?
To store, organize and retrieve data for decision-making.
What type of information does MIS provide?
Operational, tactical and strategic information.
Which of the following is an example of an MIS application?
Payroll system
What is an important benefit of MIS in organizations?
Enhances efficiency by reducing manual data processing
Explain the role of Information Systems in business operations.
Information Systems support business operations by collecting, processing, storing, and distributing information, aiding decision-making, improving efficiency, and enabling data-driven strategies.
Describe how MIS contributes to strategic business planning
MIS provides data-driven insights, tracks key performance indicators, enhances forecasting capabilities, and supports strategic decision-making by offering real-time and historical data analysis.
What are the three main types of information classifies in an MIS?
Primary, Secondary and Tertiary Information
How does MIS enhance communication within an organization?
By providing integrated systems that connect different departments.
