GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A computer-based system that stores, organizes, and provides information about a business
A
Management Information System
B
What-If Analysis
C
Symptom Analysis
D
Computer Solutions
Explanation: 

Detailed explanation-1: -A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company.

Detailed explanation-2: -The general term, computer-based information systems (CBIS), is a constellation of a variety of information systems, such as office automation systems (OAS), transaction processing systems (TPS), management information systems (MIS), and management support systems (MSS).

Detailed explanation-3: -A computer based information system, or CBIS, uses computers to collect, process, store, analyze and distribute information for a specific purpose, such as meeting a business objective.

Detailed explanation-4: -Decision Support System (DSS) The DSS is a management-level, interactive computer-based information system that helps managers to make decisions. The Decision Support System specifically gives middle managers the information necessary to make informed, intelligent decisions.

Detailed explanation-5: -Management Information Systems (MIS) is the study of people, technology, organizations, and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel, equipment, and business processes. MIS is a people-oriented field with an emphasis on service through technology.

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