App Logo

No.1 PSC Learning App

1M+ Downloads
Which of the following best describes an ideal approach to designing an MIS in terms of cost and efficiency?

ADesign the MIS to maximize data storage without considering cost.

BDevelop a system that balances cost-efficiency with timely delivery of information.

CFocus solely on cost savings, even if information delivery is delayed.

DAvoid linking subsystems to minimize initial costs.

Answer:

B. Develop a system that balances cost-efficiency with timely delivery of information.

Read Explanation:

An ideal MIS design approach seeks a balance between cost-efficiency and timely, relevant information delivery. This approach ensures resources are optimized without compromising the quality or availability of information.


Related Questions:

The key objectives of the Nilokheri Project included:

  1. 1. Rehabilitation of refugees.
  2. 2. Creation of a self-sufficient agro-industrial township.
  3. 3. Promotion of centralized, large-scale industries in rural areas.
    Which of the following statements is true regarding democratic decentralization?
    Which Constitutional Amendment Act is associated with the establishment of Panchayati Raj Institutions (PRIs) in India?
    The term "devolution" in the context of democratic decentralization refers to:
    Which of the following is a limitation of Expert Systems?