Question

Give three categories of management information and provide two qualities or characteristics of  each category, and an example of each category.

Answer 1

THE THREE CATEGORIES IF MANAGEMENT INFORMATION ARE:-

1.Sales Management system-

qualities: (i). It makes the sales process easier and simpler .

(ii). with the help of sales management it is much easier to connect each and every level employees of sales management system together. So they can work smoothly.

example- A sales personal keep the data about the amount of sales during the financial year by the company.

2. Budgeting system-

qualities: (i). It's provide a overview about the amount of money spent within the firm/organisation.

(ii). It's help in planning about the future goal of the company.

example- Creating a effective budget for the company.

3. Human resources management-

qualities- (i). It helps in motivating the employees for working efficiently.

(ii). It makes the working of people associate to work smoothly . It creates a relationship between the employees and the employer so they work without much complications

example - Creating a team with various types of employees.