Question

System by which information is collected, processed and

Q: Answer- System by which information is collected, processed and presented to management to help it in makin...

In case of MIS, data is the input which is processed to provide output in the form of information reports, summaries, etc. To be really useful the output must aid the managers decision-making process.

presented to management to help it in making better decisions, is called?

A Management by Objective (MBO)

B Management Information System (MIS)

C Information Processing System (IPS)

D Accounting for management

E All of the above

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Relevant for Exams:

Bank of India Credit Officer

System by which information is collected, processed and

Solution

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