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What do you understand by the term Management Information Systems (MIS)? Explain, with the aid of suitable examples, your understanding of Just-In-Time (JIT) production systems.

What do you understand by the term Management Information Systems (MIS)? Explain, with the aid of suitable examples, your understanding of Just-In-Time (JIT) production systems. Explain the differences between the following: line authority; staff authority; committee and team authority. List and describe the building blocks of an organizational structure. Be sure to include examples. List the basic management skills and provide examples of activities where such skills would be used by a manager List and describe the steps in the management process. Give examples. Jane Doe plans to start her own computer consulting business. She expects immediate revenues to match her present salary of $100,000. She has $50,000 in a bank account and net worth of $75,000. Jane asks you for advice on the different forms of business ownership. Explain to her the strengths and weaknesses of the four principal ones. Which one would you recommend. Why

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