The correct answer is: E. None of the above
A managerial information system (MIS) is a computer-based system that helps managers make decisions by providing them with timely, relevant, and accurate information. An electronic data processing (EDP) system is a computer-based system that performs routine tasks such as payroll processing and inventory control.
MISs are superior to EDP systems in several ways. First, MISs are more flexible and can be adapted to meet the changing needs of managers. Second, MISs provide more timely and relevant information than EDP systems. Third, MISs are more user-friendly and can be used by managers with little or no computer experience.
However, MISs are not without their limitations. First, MISs can be expensive to develop and maintain. Second, MISs can be complex and difficult to use. Third, MISs can produce too much information, which can make it difficult for managers to make decisions.
Overall, MISs are superior to EDP systems in many ways. However, MISs also have some limitations. Managers should carefully consider the needs of their organization before deciding whether to implement an MIS.
Here is a brief explanation of each option:
- Option A: MISs are not necessarily batch oriented. In fact, many MISs are real-time systems that provide information as it is needed.
- Option B: MISs are not necessarily the most cost effective. The cost of an MIS depends on a number of factors, including the size and complexity of the organization, the type of information needed, and the features and functionality of the MIS.
- Option C: MISs do not necessarily provide summary reports without details. In fact, many MISs provide both summary and detailed reports. The type of report that is generated depends on the needs of the manager.
- Option D: All of the above is not a correct answer. As explained above, MISs are superior to EDP systems in some ways but not in others.