How Does MIS Help Organizations Achieve Their Strategies

question 20

Essay

How does MIS help organizations achieve their strategies?

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Definitions:

Merchandise Return

Goods returned to the seller from the buyer, often due to defects, dissatisfaction, or other reasons, impacting revenue and inventory levels.

General and Administrative Expenses

Costs related to the overall operations of a company that are not tied directly to a specific functional area like production or sales.

Human Resource Management

The strategic approach to managing a company's employees and workplace culture.

Financial Management

The strategic planning, organizing, directing, and controlling of financial activities such as procurement and utilization of funds of an enterprise.