1. What is the main function of a Management Information System (MIS)?
a) To monitor the financial transactions
b) To provide relevant information for decision-making
c) To store customer data
d) To analyze the supply chain
Answer: b) To provide relevant information for decision-making
2. Which of the following is NOT a component of an MIS?
a) Hardware
b) Data
c) Software
d) Telecommunication devices
Answer: d) Telecommunication devices
3. In which type of system is decision-making mostly automated with minimal human intervention?
a) Expert System
b) Transaction Processing System (TPS)
c) Decision Support System (DSS)
d) Executive Information System (EIS)
Answer: a) Expert System
4. Which of the following is an example of a Decision Support System (DSS)?
a) Analyzing sales reports to identify trends
b) Managing employee payroll
c) Processing customer orders
d) Maintaining inventory levels
Answer: a) Analyzing sales reports to identify trends
5. Which of the following statements is TRUE about MIS?
a) MIS primarily deals with managing day-to-day operations
b) MIS only helps with strategic decision-making
c) MIS is focused only on hardware management
d) MIS provides timely, accurate, and relevant information for decision-making
Answer: d) MIS provides timely, accurate, and relevant information for decision-making
6. What type of information system provides summary reports and forecasts for top management?
a) Transaction Processing System (TPS)
b) Executive Information System (EIS)
c) Decision Support System (DSS)
d) Customer Relationship Management System (CRM)
Answer: b) Executive Information System (EIS)
7. What does a Transaction Processing System (TPS) primarily handle?
a) Marketing and sales reports
b) Routine business transactions such as order processing and payroll
c) Decision-making support for managers
d) High-level strategic planning
Answer: b) Routine business transactions such as order processing and payroll
8. Which of the following is a key feature of a Management Information System (MIS)?
a) Handling only financial transactions
b) Collecting and processing data to support operational, tactical, and strategic decisions
c) Managing external communications
d) Managing the organization's marketing campaigns
Answer: b) Collecting and processing data to support operational, tactical, and strategic decisions
9. Which type of system assists in analyzing business trends and making strategic decisions based on this analysis?
a) Expert System (ES)
b) Decision Support System (DSS)
c) Management Information System (MIS)
d) Executive Information System (EIS)
Answer: b) Decision Support System (DSS)
10. Which of the following is a common characteristic of information provided by MIS?
a) Highly detailed and specific
b) Outdated and inaccurate
c) Summary and aggregated for decision-makers
d) Strictly related to financial data only
Answer: c) Summary and aggregated for decision-makers