Topic 5.9BM HL6 flashcards

Management information systems (HL only)

SL HL

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Card 1 of 65.9.1

Question

What is MIS?

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5.9.16 cards

Card 1definition

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

Card 2concept

Question

MIS = computer system for data-driven decision-making across ___

Answer

All business functions — finance, HR, marketing, operations.

💡 Hint

All functions

Card 3concept

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

Card 4concept

Question

Three benefits of MIS?

Answer

Better/faster decisions, improved coordination, early warning of problems, supports strategic planning.

💡 Hint

Decisions + coordination + early warning

Card 5concept

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

Card 6concept

Question

MIS links to ___ vs ___ management

Answer

Scientific vs intuitive — MIS supports data-driven (scientific) approach.

💡 Hint

Scientific vs intuitive

Topic 5.9 study notes

Full notes & explanations for Management information systems (HL only)

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