Challenger App

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:

At which level of management does strategic planning primarily occur within an MIS structure?
The State Finance Commission, as per the 73rd and 74th Amendments, is responsible for:
In the context of Urban Local Governments, which of the following is the correct order of administrative bodies from smallest to largest?

Consider the following statements about poverty alleviation in India:

  1. 1. The Public Distribution System (PDS) ensures access to affordable food grains for the poor.
  2. 2. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) provides 100 days of guaranteed wage employment to households
  3. 3. Indira Awaas Yojana focuses on food security for below-poverty-line families.

    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.