BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -MIS provides regular information to managers to allow them to make decisions based on data rather than guesses. Certain data and analysis can play a very useful role in making good decisions about where and when to use human and other resources to achieve the mission of an organization.

Detailed explanation-2: -MIS provides accurate and timely information necessary to facilitate the decision-making process and enable the organizations planning, control, and operational functions to be carried out effectively.

Detailed explanation-3: -An MIS is important in the workplace since it can process and interpret massive amounts of data from multiple sources and generate detailed reports that companies can use to make informed business decisions.

Detailed explanation-4: -The MIS plays the role of information generation, communication, problem identification and helps in the process of decision-making. The MIS, therefore, plays a vital role in the management, administration and operation of an organization.

Detailed explanation-5: -The MIS helps in strategic planning, management control, operational control and transaction processing. The MIS helps in the clerical personal in the transaction processing and answers the queries on the data pertaining to the transaction, the status of a particular record and reference on a variety of documents.