........Management Information System is an organized approach to gathering data from inside and outside the company and processing it by computer to produce current, accurate, and informative reports for decision makers. It is a system that provides management with needed information on a regular basis.A management information system (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.
In today’s world of ever increasing complexities, every organization, in order to survive and grow, must have a properly planned, analysed, designed and maintained MIS- Management Information System. So that it provides timely, reliable and useful information to enable the management to take speedy and rational decisions....... click here to get the full and new version of answer
In today’s world of ever increasing complexities, every organization, in order to survive and grow, must have a properly planned, analysed, designed and maintained MIS- Management Information System. So that it provides timely, reliable and useful information to enable the management to take speedy and rational decisions....... click here to get the full and new version of answer