Tanishq Jewellers want to set up MIS in their organization in order to manage the
information better across the organization. Can you guide them about the same along with
the characteristics, components, advantages and limitations?
Answers
Answer:
Can you guide them about the same along with the ... in order to manage the information better across the organization.
Explanation:
rTanishq Jewellers want to set up MIS in their organization in order to ... Can you guide them about the same along with the ... and get a quick answer at the best price.
Characteristics, Components, Advantages and limitations for the information better across the organization
Explanation:-
In commerce, management data systems (MIS) are tools used to support procedures, tasks, intelligence, and data technology. These tools convey and manage information. MIS generates data-driven accounts that support firms to form the proper selections at the proper time. The system plays the duty of knowledge generation, communication, downside detection and aids in social control activities. The MIS assumes an essential role within the administration, management, and operation of a business. The subsequent are characteristics and elements of management data systems (MIS);
Characteristics of Management system (M.I.S.).
- System methodology
- Management-driven
- In favor of the long run
- Incorporated
- According to the organizational desires and needs
- Shared information flows
- Applicable association of sub-system programming
- long-run development
Components of selling system
- In-house records
- Marketing analysis
- Marketing call support systems
- Marketing intelligence systems
Advantages of Management system
It supports the various information wants of executives and therefore the whole organization, despite the numerous decision-makers.
MIS may, kind higher communication flow by protection the info gaps and motivating potency.
Limitations of Management system
- Greatly sensitive information necessitates continuous observance.
- Accounting of MIS passing difficult.
- The standard of efforts administers the standard of productions.
- Lack of tractableness to observe up to now.
- Potency declines owing to regular changes among the highest administration.