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

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The Benefits of Installing Management Information System in Small Business

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. ...Show more

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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…
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