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- 4 Marks
Question
a) Your friend who is the Chief Executive Officer of a food processing company recently discussed with you the need for his organization to adapt to technological changes by investing in Management Information Systems (MIS). His problem, however, is that the benefits that will accrue to the business may not justify the costs involved in such huge investments.
Required:
Convince your friend by stating FOUR benefits that will accrue to the company for investing in such a project.
(4 marks)
Answer
- Better Administration and Coordination: MIS will lead to better administration and coordination within the firm.
- Enhanced Public Image: The implementation of MIS will enhance the public image of the organization.
- Improved Decision Making: MIS improves decision-making processes by providing timely and accurate information.
- Closer Relationships Among Employees: The use of MIS can lead to closer relationships among employees by fostering better communication and collaboration.
(4 marks)
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