Explain the importance of prototyping

Assignment Help Accounting Basics
Reference no: EM132988165

Question - The Global Marketing Co (GMC) publishes books and magazines, owns and operates television stations, and has a real estate marketing and franchising service. GMC has 10 different systems that do not communicate with each other. Management wants an executive information system that provides them with the correct and timely information they need to make good business decisions. GMC has decided to use prototyping to develop the system.

(a) Explain the importance of prototyping. What are the steps to be followed during the prototyping process?

(b) Management will need to decide if the new protype will go into operation. If it were an operational prototype, what would have to happen? If it were a nonoperational prototype, how would the prototype be used?

(c) Suppose GMC decides the prototype system is not viable and takes a different approach to solving its information problem. Does that mean prototyping is not a valid systems development approach? Explain your answer.

Reference no: EM132988165

Questions Cloud

What is the correctly valued offer price : Zang currently has 4 million shares outstanding and will issue 1.6 million new shares. ESM charges an 8% spread. What is the correctly valued offer price
Discuss the resistance presented by one of the members : Can it be used in the effort to promote change? How? Discuss the resistance presented by one of the members of the Riverbend City Strategic
How would the board increased involvement in the selection : How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? What evidence would you offer to support?
Applied learning practicum : Executive format programs have an applied learning component (internship/practicum) that is an integral (essential) part of the established curriculum.
Explain the importance of prototyping : Explain the importance of prototyping. What are the steps to be followed during the prototyping process
What input is derived from department employees : What input (if any) is derived from department employees. Explain why this is important or not important. Who is part of the policymaking team?
Describe the difference between a process and a project : Describe the difference between a process and a project. List three risks that are similar to and three risks that are unique from each other
Discuss how hr impacts that area : Identify a key area where the human resource department is critical to an organization's overall strategic plan. Discuss how HR impacts that area
Reviewed various resources for propelling career forward : You have reviewed various resources for propelling your career forward. Explain why this person would be an effective mentor.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Expalin given measures for assessing portfolio performance

Briefly describe each of the following measures for assessing portfolio performance and explain how they are used.

  Prepare a cash budget for each of the first two quarters

Pletcner Dental Clinic is a medium-sized dental service specializing in family dental care. Prepare a cash budget for each of the first two quarters of 2017

  What is the cost of goods sold

Michael uses its periodic inventory system and the following information is available: Sales $43,400. What is the cost of goods sold

  How much is the gain or loss on disposal

Depreciation for the first six months of Year 4 $2,000. On July 1, Year 4, the machine was sold for $20,000. How much is the gain or loss on disposal

  What is the budgeted accounts receivable balance

Richards Corporation had the following budgeted sales for the first half of next year: Cash Sales Credit Sales January $60,000 $160,000.

  Journal entries-stockholders equity

How much total cash did Markus raise through the January 15, 2011, stock issuance? How are these journal entries recorded?

  Maturities on intel long-term debt

1) What are the maturities on Intel's Long-term debt? 2) What are Intel's projected obligations on Long-Term Debt and Payments due by period?

  Find the optimal production amounts

Chemlabs uses raw materials I and II to produce two domestic cleaning solutions, A and B. The daily availabilities of raw materials I and II are 150 and 145.

  How many ice-cream cones would Emerald Street have to sell

If ABC only sells single scoop cones, and charges $3.50 per cone, how many ice cream cones would Emerald Street have to sell to make profit of $3,000 per month

  Appropriate basic eps disclosures

Prepare the lower portion of the 2013 income statement beginning with $920,000 income before income taxes and extraordinary item. Include appropriate basic EPS disclosures. The company had 100,000 shares of common stock outstanding throughout the yea..

  Total dollar amount of personal exemptions

A couple with four children has an annual adjusted gross income (AGI) of $228,000. Calculate the total dollar amount of personal exemptions that they can claim for the 2014 tax year.

  What information is in your open quadrant with your partner

What information is in your Open quadrant with your partner/friend but not in the Open quadrant with your acquaintance?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd