Answer / parixit dwivedi

MIS: Management Information System- A Sytem dedicated for
maintaining records for day to day activities within and
external to the firm. Like- Attendance, Employee records,
Supply details etc.

Compensation Mangement: Would be related to compensation
provided for or aginst services, activities or products
used.eg: salary to employees for his active support in
delivery.
However its more specific to the situation wherein the
compensation has to be provided.
eg: Out of court settlements, Employee compensation based
upon his reimbursement-Salary etc.

Compensation is a general term would refer to an act or
deed of providing monetary/fiscal or replacement for
certain use of services, products or facilities.
So Compensation Mangement is a practice taken up by
firms/individuals to provide Fiscal/ Monetary etc. benefits
against the use of services,products and facilites of
individual &/or firms.

Answer / divya

MIS it means recording all the day to day activities carry
over in the organisation.

Answer / neha

mis--- that means management information system
MIS- it is process of managing different information
related to organisations for taking best solutions of the
problem

compensation management- it is process of appraising the
performance and maintain alll necessary records related to
employess salary or incentiveas etc

Answer / kasim malik

MIS - Management Information System....a rupchic job hahhaah

Answer / kukur

MIS means Management Information system.It means to
gathering and processing of data. and to manage a database.

Answer / rajeev kapoor

MIS is to keep, access and review the record of activities
of all the departments within an organisation for getting
best solutions of the problems and for filling up of the
loop holes.

Compensation Management System: Its the system of providing
monetory/non-monetory/fiscal benefits to the employees in
shape of Salary/Wages, Social Security Benefits, Welfare
schemes etc.

Answer / vicky

I agree with Divya and neha

Answer / neeraj

MIS is a short form of MANAGEMENT INFORMATION SERVICES as
you know all.

MIS is a requirement of every company. we have to play with
raw data and make it in managible form for our seniors.

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