You have been hired to develop a management information system and a decision support system for a manufacturing company. Describe what information you would include in printed reports and what information you would provide using a screen-based decision support system.
1. Why is auditing so important in a financial MIS? Give an example of an audit that failed to disclose the true nature of the financial position of a firm. What was the result?
2. Describe two industries where a marketing MIS is critical to sales and success