Describe each of the five functions of a management information ...

[Mimi]

Describe each of the five functions of a management information system.

Question 2

The process of preparing managers and other professionals to assume increased responsibility in present and future positions is called employee training.
 
 Indicate whether the statement is true or false

[TDubDCFL]

Answer to Question 1

The five functions of an MIS include: (1 ) collecting data-the process of gathering data that a firm needs to establish a database; (2 ) storing data-the process of storing data until it is needed by a firm's managers and employees; (3 ) updating data-the process of updating data so that it is up to date, accurate, and complete; (4 ) processing data-the transformation of data into information that can be used by both managers and employees; and (5 ) presenting information-the process used to summarize information in reports, visual displays, and tables so it is useful to users.

Answer to Question 2

False

[Mimi]

Thank you

[TDubDCFL]

Happy to help you