Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
Assembling of facilities and personnel for collecting, processing, information that is required by managers is called as:
Options:
PERT
CPM
Ratio Analysis
Management Information System Technique
Correct Answer:
Management Information System Technique
Explanation:
Management Information System Management Information System (MIS) is a computer-based information system which facilitates collection, management and dissemination of information at different levels of management and across different departments of the organisation. MIS provides the required information to the managers by systematically processing a massive data generated in an organisation. Thus, MIS is an important communication tool for managers. MIS also serves as an important control technique. It provides data and information to the managers at the right time so that appropriate corrective action may be taken in.