Question

1. a management information system (mis) is

1. in your own words, define a what - if analysis (do not copy down what the textbook says as the definition).

1. list the steps in problem solving.

a.

b.

c.

d.

e.

f.

g.

Explanation:

1. An MIS is a system that collects, processes, stores, and distributes information for management - related decision - making. It combines technology, people, and data to support various managerial functions.
2. What - if analysis is a technique where you change certain variables or assumptions in a model or situation to see how the outcomes will be affected. It helps in predicting different scenarios and their potential results.

27.
a. Identify the problem: Recognize and clearly define what the issue is.
b. Gather information: Collect relevant data and facts related to the problem.
c. Analyze the problem: Break it down and understand its components and causes.
d. Generate possible solutions: Brainstorm different ways to solve the problem.
e. Evaluate the solutions: Assess the pros and cons of each possible solution.
f. Select the best solution: Choose the most appropriate solution based on the evaluation.
g. Implement and monitor: Put the solution into action and keep track of its effectiveness.

Answer:

1. A system for management - related information collection, processing, storage, and distribution to support decision - making.
2. A technique of changing variables/assumptions to see outcome changes for scenario prediction.

27.
a. Identify the problem
b. Gather information
c. Analyze the problem
d. Generate possible solutions
e. Evaluate the solutions
f. Select the best solution
g. Implement and monitor