Management Information System - Answer Sheet
Management Information System - Answer Sheet
Organizational Structure:
1. Centralized vs. Decentralized:
Centralized MIS: All data processing and management activities are concentrated
in a single location, usually the headquarters. This ensures consistency and
uniformity.
Decentralized MIS: Data processing activities are distributed across various
departments or locations, allowing for greater flexibility and responsiveness.
2. Roles and Responsibilities:
MIS Manager: Oversees the overall functioning of the MIS, ensuring it aligns
with business goals.
Database Administrators: Manage and maintain the databases.
System Analysts: Design and implement MIS solutions to meet business needs.
IT Support Staff: Provide technical support and ensure system uptime.
End-Users: Utilize the information generated by the MIS for decision-making and
operational tasks.
Example:
In a retail organization, an MIS might be organized as follows:
Data Collection: Sales data collected via POS systems, customer feedback
through surveys.
Data Processing: Aggregating sales data to generate weekly sales reports.
Data Storage: Sales data stored in a centralized database.
Information Generation: Generating visual dashboards showing sales
performance by product category.
Information Dissemination: Sales reports and dashboards shared with store
managers via email and an intranet portal.
Feedback and Control: Regular feedback from store managers used to refine the
reporting process and improve data accuracy.
An effectively organized MIS ensures that the right information is available to the
right people at the right time, enhancing decision-making and organizational efficiency.
3. Based on Information
Explanation: Effective decision-making relies on accurate, relevant, and timely
information. Data-driven decisions reduce uncertainty and increase reliability.
Example: A company uses customer feedback data to improve product features,
ensuring they meet market needs.
6. Timeliness
Explanation: Timing is crucial in decision-making. Acting promptly can provide a
competitive advantage, while delays can result in missed opportunities or exacerbated
problems.
Example: An airline quickly adjusts flight schedules in response to sudden changes in
weather conditions.
7. Consideration of Alternatives
Explanation: Effective decision-making involves generating and evaluating multiple
options before selecting the best course of action. This ensures a thorough
examination of all potential solutions.
Example: A company evaluates several marketing campaigns to determine which one
will likely yield the highest return on investment.
12. Collaborative
Explanation: Engaging team members and fostering a collaborative environment for
decision-making. This leads to better ideas and more comprehensive solutions.
Example: A project team holds regular brainstorming sessions to gather diverse
perspectives and ideas for solving complex problems