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A Company's MIS Is Used to Generate Different Kinds of Reports

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A company's MIS is used to generate different kinds of reports to managers. What kind of reports are unplanned reports and generated on request to learn more about a situation, problem, or opportunity? They are often generated to a screen or printed on an as needed basis


Definitions:

Yield Ratios

Metrics used in recruitment to evaluate the effectiveness of the hiring process by comparing the number of applicants at various stages of the process to the number hired.

Cost Per Hire

A metric that calculates the total expenses involved in acquiring a new employee, including advertising, recruiting, and onboarding costs.

Forecasting

The process of making predictions about future events or trends based on data analysis and modeling.

Labor Demand

The total number of hours of employment that employers are willing to hire at a given wage rate, in a specific period.

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