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MANAGEMENT INFORMATION SYSTEMS

Management Information Systems
An econometric model requires

a computer with large auxiliary storage capacity
None of these
a model base of quantitative analysis programs
All of these
a data base of economic data

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Management Information Systems
Linear programming identifies

the optimum quantities of the variables
the maximum profit or minimum cost that can be expected
both (a) and (b)
None of these
neither (a) nor (b)

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Management Information Systems
Frederic W. Taylor contributed the idea(s) of

management functions
both (a) and (b)
the exception principle
neither (a) nor (b)
None of these

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Management Information Systems
Benefits from a computerised MIS include:

None of these
lower rates of interest
less frequent and smaller short-term loans
All of these
higher returns on short-term investments

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Management Information Systems
PCM stands for _____

PC-manufacturer
personal computer media
PC-modem
plug-compatible manufacturer
None of these

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