How does MIS relate to organizational strategy?
What will be an ideal response?
MIS exists to help organizations achieve their strategy. An organization's goals and objectives are determined by its competitive strategy. Thus, ultimately, competitive strategy determines the structure, features, and functions of every information system. Business processes can also influence the design of information systems.
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In the retail inventory method, abnormal shortages are deducted from both the cost and retail amounts and reported as a loss.
a. true b. false
Which of the following approaches to management was criticized for being too simplistic, for a belief that a happy worker was a productive worker?
A. scientific management approach B. systematic management approach C. bureaucratic approach D. human relations approach E. administrative management approach