Management information system – MIS MCQs

✅ The correct answer is option D.
Developing Products, Services, or Process that give a Company a Superior Business Position is termed as Competitive Advantage. Competitive advantage is the leverage a business has over its competitors. This can be gained by offering clients better and greater value. Advertising products or services with lower prices or higher quality piques the interest of consumers. Target markets recognize these unique products or services.

✅ The correct answer is option B.
Implementation steps ensure the success of the new systems. Implementation is almost as important as the strategy itself.

✅ The correct answer is option C.
Executive system provide information in easy to use displays to top and = middle management. An Executive Information System (EIS) represents a type of Management Information System (MIS) whose purpose is to facilitate access to information and support executive management in the decision-taking process, by offering internal and external information, relevant in reaching the organization strategic objectives.

✅ The correct answer is option B.
Process Control Systems monitors and control industrial processes. Process control systems (PCS), sometimes called industrial control systems (ICS), function as pieces of equipment along the production line during manufacturing that test the process in a variety of ways, and return data for monitoring and troubleshooting.

✅ The correct answer is option A.
Accounting sub system covers granting of credit and cost management. Accounting may be sub-divided into several sub- systems of which financial accounting and cost and management accounting are very significant.

✅ The correct answer is option D.

✅ The correct answer is option D.
Benefits and Compensation is not a typical business function. Information systems aid businesses in developing a larger number of value added-systems in the company. Further, information systems eliminate repetitive tasks and increase accuracy, allowing employees to concentrate on more high-level functions.

✅ The correct answer is option C.
Enterprise Collaboration Systems is a support team, workgroup, and enterprise communications and collaborations. An Enterprise Collaboration System (ECS) is an information system used to facilitate efficient sharing of documents and knowledge between teams and individuals in an enterprise.

✅ The correct answer is option C.
Absolute address represents the physical location of the record in file system. A unique number that specifies a unique location within the address space where an operand is to be found/deposited, or where an instruction is located. It generally specifies a memory location but in some cases specifies a machine register or an I/O device.

✅ The correct answer is option C.
A manufacturing company products may decide to diversify into consumer lines. A manufacturing business is any business that uses components, parts or raw materials to make a finished good.