Corporate Database (MIS)
Corporate
Database
Corporate database is the data related to any enterprise
from starting the enterprise to the wind up off. It contains all the
information related to all the activities of any business. It contains the data
about the history of related industry.
All the activities of any firm from the starting to wind up about
what the corporate database is related
1.
At the
time of initializing: When any business started by entrepreneur then it
becomes very important to get the information related to legal requirements and
registration related formalities. Corporate database collect all the data related
to these terms at beginning.
a. Legal
requirement to start a business
b. Mission and Vision
statement
c. Goal
and objectives of the business
d. Principles
of the organization
e. Expansion
and diversification related database
2.
At the
time of operation: When business comes in operation then all the
database is maintained related to operation. Business is divided into
departments for proper control over activities and database is also maintained
according to these departmental activities i.e. Finance, Marketing, Production,
Human Resource etc. Some information related to these activities are
a. Accounts
of business
b. Employee
database
c. Department’s
database
d. Competitor’s
database
e. Growth
database
Corporate database helps entrepreneur and managers to take
better decisions and for proper controlling over market related activities.
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