BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MANAGEMENT INFORMATION SYSTEM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ helps to monitor performance, track activities of competitors, identify opportunities, and forecast trends. They also assist senior managers
A
TPS
B
ESS
C
Expert System
D
Data analytics
Explanation: 

Detailed explanation-1: -ESS help senior executives monitor organizational performance, track activities of competitors, spot problems, identify opportunities, and forecast trends. Executive Support System (ESS) is a reporting tool (software) that allows you to turn your organization’s data into useful summarized reports.

Detailed explanation-2: -Management information systems (MIS) provide information on firm performance to help managers monitor and control the business, often in the form of fixed, regularly scheduled reports based on data summarized from the firm’s transaction processing systems.

Detailed explanation-3: -Executive support systems (ESS) are computer-based systems that provide top managers with the capability to attain easy access to internal and external information which is relevant to strategic decision making and other executive responsibilities.

Detailed explanation-4: -ESS stands for Executive Support System. It is software that allows users to transfer enterprise data into quickly accessible and executive-level documents, including those used by billing, accounting, and staffing areas. An ESS broaden decision-making for executives.

Detailed explanation-5: -An executive information system (EIS) is a decision support system (DSS) used to assist senior executives in the decision-making process. It does this by providing easy access to important data needed to achieve strategic goals in an organization.

There is 1 question to complete.