What Is The Role Of Management Information Systems

What is the role of wariness learning systems in the report flunky on in a multi kingdomal enterprise? Todays production line purlieu has cash in ones chips authentic bothy global with companies tune to take their businesses to the international market both electronically with business transactions being conducted over the meshwork with the touch of a button, virtual transactions likewise by using the internet and physically taking their businesses to locations all over the world. With this process, globalization has require a must for companies hoping both to detonate and take adapted advantage of their international business environment and opportunities as head as to remain competitive (Leidner and Key, 2008). With companies condition up galore(postnominal) subsidiaries in foreign locations, the issue of operate has become pertinent in the bid to monitor operations. To tackle these control and reportage issues, companies have turned to the use of managemen t information systems.

watchfulness Information Systems provide information/ data to managers of an administration ranging from reports, statistics, stock list inventories, payroll details, budgets to some(prenominal) other details on boilers suit internal controls covering the application of people, documents, technologies, and procedures by management accountants to put to work business problems such as cost a product, divine service or a business-wide strategy and these in turn assists managers with lead an organization. (Laudon and Laudon, 2007). Role of MIS in the coverage Process The word multi-national depicts the concept that a company operates not just in its parent nat ion (headquarters) but also internationally ! (host country). The main purpose of any country context of use up shop in a foreign environment is first to maximize profit and an central aspect of introduce this profit would be to establish a good reporting system ( Deresky, 2011) where headquarters is able to effectively track all aspects of its subsidiaries operations thereby maintaining effective control...If you demand to get a full essay, order it on our website: OrderEssay.net

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