Answer to Question #264504 in Management for Gifty

Question

 As the new General Manager

for your firm, convince management on the need to invest heavily in Management Information System (MIS) as the best option to yield Competitive Advantage.

Answer 1

MIS is important as it helps in the following ways;

MIS creating knowledge is an asset. It helps to achieve change in work life style for better results. MIS has made the world smaller. Worldwide reorganisation environment and attempt to control the calamity. Health conscious among the group lead to less sufferings.

MIS helps in Internal Change: MIS will change the business process, MIS will change the old standards and set new standards. MIS is a key for continuous improvement process. MIS will reduce the hierarchy and hence less operation cost. MIS focuses on “shared information”. MIS also measures the result and performance.