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Importance of Information Systems Necessary for Decision Making For Taking Rational, Timely & Accurate Decisions For Taking decisions in Complex Decision situations Globalization & Liberalization have added various dimensions that necessitate use of Information Systems IS is regarded as the fifth im portant resource besides- Money, Material, Men & Machine. In short Today¶s business organizations can¶t survive and grow without properl y planned, designed, imple mented and maintained Information System.

54277554 Importance of Information Systems

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