Which of the following is the objective of MIS?
To increase the quantity of the data
Management Information System (MIS) is designed to support decision-making within an organization. Its primary role is to provide managers with timely, relevant, and accurate information.
Let's look at the given options and evaluate them in the context of MIS objectives:
Considering the options, and acknowledging that the phrasing of Option 2 might be interpreted in different ways, if we consider "increasing the quantity of data" as integrating more diverse and relevant data sources to provide a richer, more comprehensive view for management decisions, then it can be seen as contributing to the overall objective of supporting better management.
The original cost of equipment is rupees 1,00,000. Its salvage value at the end of its useful life of five years is 40,000. Its book value at the end of two years of its useful life as per straight line method of evaluation of depreciation will be
Error reports are an example of
FMS production methodology is applicable to a situation where the lot size of a product ranges between
Functional subsystem are connected by