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The significance of management information systems

The significance of management information systems

Submitted by • June 22, 2019 assignmentresearchwriter.com

It is said that “Modern economy is economy of knowledge” the one who are advance in specific information and communication technology continue to transform the competitive goals into reality. Information technology has completely changed the position of business now the ways are completely changed from traditional to internet based information systems. It included the information required during communications, transactions, production of goods, provision of services and operational management. Organization’s resources must be quite efficient and effective to meet the needs for competition. All the management of organizational and business processes, required level of knowledge about customer’s needs, and it should be capable to put that information to right department with organization on time that can produce quick response to changes in business environment.

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