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ANALYSIS OF MIS ON STRATEGIC DECISION MAKING

Journal: International Journal of Advanced Research in Engineering and Technology (IJARET) (Vol.12, No. 04)

Publication Date:

Authors : ;

Page : 85-91

Keywords : Management Information System; strategic decision making; competitive advantage.;

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Abstract

Management Information System is considered to be very significant in modern day organizations, because of its ability to collect, compile and process information that is used by the management to make strategic decisions. The main goal of this research is to determine the importance of MIS in strategic decision-making in order to gain a competitive advantage. This research performed a qualitative systematic analysis and created a conceptual structure that aided in the achievement of the study's goals. According to the findings of this study, Management Decision Making is an important tool for strategic decision making because it assists businesses in compiling, analyzing, and presenting appropriate business-related information that they can use to make strategic decisions that help them gain a competitive advantage. According to the findings, management information systems (MIS) play a significant role in enhancing business decision-making and implementing strategic approaches for improving business functions. As a result, businesses that use MIS as a strategic weapon are more likely to gain a competitive edge over their competitors

Last modified: 2021-06-04 14:23:47