Nobody downloaded yet

The Benefits of Installing Management Information System in Small Business - Dissertation Example

Comments (0) Cite this document
The Benefits of Installing Management Information System in Small Business Introduction The paper discusses a proposal for research through questionnaire survey for a comprehensive study and qualitative analysis in respect of the benefits of installing Management Information System in small businesses…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97% of users find it useful
The Benefits of Installing Management Information System in Small Business
Read TextPreview

Extract of sample
"The Benefits of Installing Management Information System in Small Business"

Download file to see previous pages The definition of small business varies from country to country, for example, it is 50 in terms of employees in European Union. Economic criteria are also used for classification, based on capital employed or business turnover. However, for our study an organization consisting of at least 25 people and a maximum of 100 employees may be considered for inclusion in the survey. The developments in information technology, telecommunications, media and social networks necessitates the small business community to reorient their strategies to be competitive in the business, and MIS plays an important role in the backdrop of liberalization and globalization of the economies. This research may contribute significantly in this respect by highlighting the benefits of installing MIS in small businesses. Research Questions 1. What are the benefits of implementation of MIS in small business? 2. Is the cost of installation of MIS justifiable in relation to the benefits? 3. Is it true that the implementation of MIS enhances stability in the organization? Research aim The study aims to assess the impacts of implementation of MIS in the small businesses with regard to cost and benefits, both tangible and intangible that may accrue to the small businesses with a view to make recommendations based on the analysis and findings. Research Objectives To study the impact of MIS in relation to the operations and management of the small businesses with a view to analyze: 1. the impacts of the cost of installation of MIS and 2. the factors which govern installation of an appropriate system in relation to the size. Hypothesis The analysis of the survey results would be useful in evaluating the hypothesis: When the world is moving toward liberalization and the countries pursue a policy of globalization, installation of MIS in small businesses is crucial for efficiencies in the operations and for a sustainable development. The financial and non-financial benefits derived from the installation of MIS outweigh the cost involved in the installation, and MIS enhances stability of the organization. Literature review According to Garnengo, Nudurupati & Bititici (2007, p. 683) in the small and medium enterprises the deficiencies in MIS obstruct PMS [performance measurement system] use because the required data cannot be captured. It is observed (p. 683)”during the first implementation phase entrepreneurs obstructed MIS investment, and only free software and internal knowledge could be used. However, in a few months PMS advantages were highlighted and, consequently, MIS investment was planned and supported by entrepreneurs”. The expertise in processing of the information and reporting is crucial for the business success. Brouthers, Andriessen & Nicolaes (1998, p. 136) found “When it comes to making strategic decisions, the small firm managers in this study tended to ignore the information gathered and the analyses performed, relying instead on their intuition”. In order to compete efficiently in the market, strategic decisions based on the information properly analyzed are very essential. According to Street &Meister (2004, p. 473), “Small business growth is known to strain internal communication processes, for example, which likely limits growth opportunities”. Resistance to change and fear of unknown could be the major ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Benefits of Installing Management Information System in Small Dissertation”, n.d.)
Retrieved from https://studentshare.org/gender-sexual-studies/1419241-the-benefits-of-installing-management-information
(The Benefits of Installing Management Information System in Small Dissertation)
“The Benefits of Installing Management Information System in Small Dissertation”, n.d. https://studentshare.org/gender-sexual-studies/1419241-the-benefits-of-installing-management-information.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Green management
Many have used climate change as an opportunity to gain competitive advantage through innovation and creativity. Amidst the roaring “green wave”, “green washing” has also been flourishing when some companies try to ‘give’ an impression of green management simply to abide by government regulations.
40 Pages(10000 words)Dissertation
Management Information systems- Business company system
By the future enhancements this project opens many doors of opportunities for the company. Company Background: Concerned company: The concerned company is “Mini treats” which is small company selling cupcakes and sweets. Brief Company History: Mini treats is formed since 2008 and working effectively.
11 Pages(2750 words)Essay
Employee Training & Development and Organizational Benefits
Conclusion 20 Reference 22 Bibliography 23 Appendix 24 Questionnaire 24 Introduction Global competition and the swiftness with which the global scenario has changed have increased the importance and relevance of human capital in organizations. Along with this has changed the ways of knowledge gaining of human resource.
16 Pages(4000 words)Dissertation
The Benefits of Information and Communication Technology in Henrich International Associates (HIA) A Small and Medium Enterprise
It is often regarded as a technology used for promoting communication within the organization. The study is aimed to evaluate how strategic information and communication technology can increase competitiveness of Henrich International Associates and the perceptions of their staff members pertaining to the benefits of ICT.
24 Pages(6000 words)Dissertation
Strategy Management in Small Export Business of China
The dissertation includes the components of the small firms of China, their analysis from the strategic perspective, framing research questions for the survey, conducting a survey based on the industry, evaluating the findings obtained, drawing the conclusion and suggesting appropriate recommendations for the issues faced by the industry.
58 Pages(14500 words)Dissertation
'Effective Finance Management in Small Business Restaurant in Ireland'
In order to view the problem from every facet and identify appropriate solution, the researcher has conducted both secondary research and primary research for collecting data. The secondary data was used for conducting a critical review of the literature.
80 Pages(20000 words)Dissertation
Impact of Data Warehousing and OLAP Models on Management Accounting
The research question has been chosen to be “What are the impacts of the Data Warehousing and OLAP Models on Management Accounting?” along with few assumptions. To analyse this question, qualitative data in the form of questionnaire were collected from specific participants who are directly involved in such OLAP and data warehousing systems.
65 Pages(16250 words)Dissertation
Business Management and Information System
In this regard, the author feels that the United States has yet to realize the implications of this ICT-enabled level playing field and its threat to the very heart of America’s superpower status; its rich intellectual resources and innovative culture. Friedman (2005) fear is that the advancement of ICTs could signal the end of American wealth and dominance unless the country develops strategies to sustain its relative competitive advantages over other nations.
8 Pages(2000 words)Essay
Business Analysis Tools
It examines strategies to counteract their reactions as well. It leads to the development of some management theory which is studied and applied to Business Intelligence. The paper has less to do with the technical issues of Business Intelligence, but more to do with business analysis to realize its importance as a proper alignment of the systems.
42 Pages(10500 words)Dissertation
Impact of adopting information system management in Lagos state local governments
This dissertation contains material that is confidential and/or commercially sensitive. It is included here on the understanding that this will not be revealed to any person not involved in the assessment process.
52 Pages(13000 words)Dissertation
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Dissertation on topic The Benefits of Installing Management Information System in Small Business for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us