Managers and the Environment

Environmental Factors:

1. Economic: Includes capital, labor, prices, and policies.

2. Technological: Advances in technology affecting business operations.
3. Social: Societal attitudes, expectations, and cultural factors.
4. Political: Political stability and regulations impacting business.
5. Ethical: Business ethics and compliance with laws.

MIS Influence: MIS helps managers navigate these environmental factors by providing data and
insights for better decision-making. For example, an MIS can track economic indicators,
technological trends, and social changes, allowing managers to adjust strategies accordingly.

Real-Life Examples

1. System Theory in Management:

o Example: A manufacturing company uses an MIS to monitor production
processes. When a drop in efficiency is detected, the system alerts managers, who
then investigate and resolve issues, ensuring continuous productivity.

Step-by-Step Operation Procedure for an LED Projector

16. Monitor Lamp Hours:

o Keep track of lamp usage hours and replace the lamp when it reaches the end of
its lifespan, following the manufacturer’s instructions.

9. Firmware and Software Updates

19. Check for Updates:

o Periodically check for firmware and software updates from the manufacturer.
20. Install Updates:
o Follow the manufacturer’s instructions to install any updates.

10. Storage

21. Store Properly:

o When not in use, store the projector in a cool, dry place.
o Use a dust cover or carrying case to protect it from dust and damage.

By following these step-by-step instructions, you can ensure proper operation and maintenance
of your LED projector for your Bookkeeping NC III classes.