Significance of management information systems for businesses - Mumbai

Every organisation that operates in the present-day business environment knows how important information is for the survival of the business. It has become imperative for every organisation to have access to the right data and information at the right time to make business decisions that help the business to operate in the long run. However, the amount of data and information that businesses need to make use of today to thrive in the competition is huge and to manage this overload of information, organisations employ information systems.Information systems are all components and activities that enable an organisation to collect, create and distribute useful data that would help in managing the organisation efficiently and effectively. Owing to their increasing importance, these systems have become integral to the success of experienced and aspiring business professionals enrolled in the executive general management programme.

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