$1)------------------$ is being used in forecasting and decision$-$making regarding any business unit$\mathrm{.}2)-----------------------$ refers to factors that allow a company to produce goods or services better or more cheaply than its rivals.$3)$ A $---------------------$ is$$an organizational master plan$\mathrm{.}4)------------------$ has subgoal that contributes to main goal and it is a component of a larger system$\mathrm{.}5)$ MIS is converting data into meaningful and correct $-------------------\mathrm{.}6)-------------------$ provides data about the current activities of the business.Multiple Choices$7)----------------------$ allow users to collect, store, organize$$ and distribute data.A$)$ InformationB$)$ Information systemsC$)$ StrategyD$)$ All of the above$8)$ A group of components that interact to achieve some purpose is referred to as a$($n$)\_\_\_\_\_\_\_\_.$A$)$ systemB$)$ elementC$)$ unitD$)$ entity$9)$ The five$-$component framework of an information system consists of computer hardware, software, data, people, and $\_\_\_\_\_\_\_\_.$A$)$ documentsB$)$ proceduresC$)$ objectivesD$)$ results$10)$ MIS in an organization can$$help to $--------.$A$)$ Improve operational efficiencyB$)$ Develop productC$)$ Make better decision in businessD$)$ All of the aboveShort Answers:$11)$ Why organizations use the information system?$12)$ What are the $4$Ms of resources is managed by information systems?$13)$ What is the goal of MIS? What are the scopes of MIS? Give a short description$\mathrm{.}14)$ What are the Characteristics of a system?$15)$ What is Management Information System $($MIS$)?$ Give two examples of MIS$\mathrm{.}16)$ Explain JIT inventory.$17)$ Explain Collaborative filtering$\mathrm{.}18)$ What is data mining?$19)$ EDI stands for $-------------.$ What is EDI?$20)$ Abbreviations:RFID:AWS: