MANAGEMENT INFORMATION SYSTEM FEASIBILITY STUDIES AND THE PERFORMANCE OF MANUFACTURING COMPANIES IN NIGERIA: A CONCEPTUAL FRAMEWORK.

Abstract

The study examines the conceptual relevance of Management Information System (MIS) feasibility study on the performance of manufacturing companies in Nigeria, focusing on technical, economic, operational, legal, and schedule feasibility. The study adopts a conceptual literature review approach. Relevant literature on Management Information Systems, feasibility assessment, accounting information systems, systems development, and technology acceptance was reviewed and synthesized thematically. General Systems Theory and the Technology Acceptance Model provide the theoretical foundation for the proposed framework. No primary data or statistical analysis was employed. The conceptual synthesis indicates that feasibility study provides an important basis for evaluating the viability of a proposed MIS before implementation. Technical feasibility addresses technological readiness; economic feasibility considers resource requirements and anticipated value; operational feasibility focuses on organizational compatibility and user acceptance; legal feasibility addresses regulatory requirements; while schedule feasibility considers the realism of the implementation timeframe. The dimensions are viewed as complementary considerations that may support performance rather than as statistically ranked determinants. The paper provides a conceptual framework for managers, accountants, and system developers to evaluate proposed MIS projects before committing substantial resources. It also highlights implications for accounting information quality, management control, financial reporting, budgeting, cost monitoring, and operational decision-making. The framework provides a basis for future empirical studies to test the proposed relationships in Nigerian manufacturing organizations.