Question

Every company, regardless of size, relies on some form of MIS infrastructure, whether it is a few personal computers networked together or many interconnected around the world.

True / False.

Answer 1

Answer: True

Step-by-step explanation:

MIS stands for management information system. MIS is one of the most important management system via which an organization or an enterprise is able to store and manage information regarding its growth, sales, marketing value, profit, turnover, etc.

MIS is basically the most important tool for a company to analyze its growth and to measure its productivity. Instead of maintaining record in books in the traditional way MIS helps to digitize the records which helps it to protect from getting lost.

So for a small company to work bigger and for a established company to emerge as a giant it is necessary to have basic MIS infrastructure which would track their performances annually.