Management information systems
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Question
What is MIS?
Answer
Management Information System — computer-based system collecting, processing, storing and distributing info for decision-making.
💡 Hint
Computer system for decisions
Question
MIS = computer system for data-driven decision-making across ___
Answer
All business functions — finance, HR, marketing, operations.
💡 Hint
All functions
Question
Four things MIS does?
Answer
Collects data (sales, HR, ops), processes into info (reports, dashboards), stores history, distributes to right people.
💡 Hint
Collect, process, store, distribute
Question
Three benefits of MIS?
Answer
Better/faster decisions, improved coordination, early warning of problems, supports strategic planning.
💡 Hint
Decisions + coordination + early warning
Question
Three limitations of MIS?
Answer
Expensive, only as good as data input, staff need training, over-reliance ignores qualitative factors.
💡 Hint
Cost + data quality + training + over-reliance
Question
MIS links to ___ vs ___ management
Answer
Scientific vs intuitive — MIS supports data-driven (scientific) approach.
💡 Hint
Scientific vs intuitive
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Topic 5.9 hub
Management information systems (HL only)
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