Definition of MIS Concept An organized approach to the study of the information needs of an organization's management at every level in making

operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner. In a management information system, modern, computerized systems continuously gather relevant data, both from inside and outside an organization. This data is then processed, integrated, and warehouse) stored where it in is a centralized database (or data

constantly updated and made available to all who have the authority to access it, in a form that suits their purpose.

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Diseconomies of scale Increase in long-term average cost of production as the scale of operations increases beyond a certain level. This anomaly may be caused by factors such as (1) over-crowding where men and machines get in each other's way, (2) greater wastage due to lack of coordination, or (3) a mismatch between the optimum outputs of different operations. See also economies of scale.

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Facebook 1.The Social Network movie clearly stressed that Facebook has over 500 million users worldwide and its still growing. Imagine what wonders it can do to your marketing needs. 2.Facebook lets you choose between building a global or local presence or anyway you want it to be. With Facebook Ads, you can target your ideal market by demographic data. Its a lot of impact at a fraction of who what Google will help

Adwords will
your

cost

you.

3.You can easily build a following of brand advocates strengthen online will community help you through turn your Facebook them

Page.

This loyal

engage with them better, making it easier for you to into customers. 4.Facebook makes it easier for you to monitor your brand and how effectively you are managing your business by letting you directly address any comments made by your following or friends. 5.Unless you set your page into private, Facebook boosts your ranking in the search engines, helping your company page come up on top when someone use a branded keyword search. With over 80,000 sites

using Facebook Connect, people can easily find your business even if theyre on mobile. - See more at: http://ajeva.com/blog/2010/11/whybusinesses-should-use-facebook-linkedin-andtwitter/#sthash.XdCZEJgR.dpuf

Business environment The combination of internal and external factors that influence a company's operating situation. The business environment can include factors such as: clients and suppliers; its competition and owners; improvements in technology; laws and government activities; and market, social and economic trends. Read ness-environment.html#ixzz2angUha3C more:

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