It is false that "the management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output ."
The transaction processing system (TPS) records day-to-day transactions, such as customer orders, bills, inventory levels, and production output.
The management information system is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization.
The ultimate goal of the use of a management information system is to increase the value and profits of the business
The management information system helps companies identify their strengths and weaknesses due to the presence of revenue reports, employee performance records etc.,to gain a competitive advantage,and also with decision-making as well as reduce downtime for actionable items.
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