Implementing data management system

Assignment Help Operation Management
Reference no: EM132698762

Discussion-Implementing a Data Management System

With the implementation of business analytics, an organization will also need to implement a good information systems plan in order to collect, manage, and organize all of the data. Not only is an information system needed, but the data has to be organized in a structured way otherwise any queries will produce bad results. This could be catastrophic for an organization because managers would be making decisions based on bad data. To make sure that the query generates good reports, you need to think about how to best organize data for each of the markets you are exploring.

Respond to the following:

An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?

Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data? For example: market trends in toy making, latest sales nationwide, etc. How would these pieces of data help the company to determine what toy to release for the holiday market?

With the implementation of an MIS for decision making, what would be some of the concerns related to ensuring that the organization can support the system? Would you control access to the system? Would there be someone to keep the data structures updated? Be sure to explain your ideas when answering these questions.

Why would an organization want to create an implementation plan for the integration of a MIS? Is this something that needs to be well thought out and, if so, why?

Challenge a point of discussion or draw a relationship between one or more points of the discussion.

Reference no: EM132698762

Questions Cloud

Which is included in the initial cost of an item of ppe : Which is included in the initial cost of an item of PPE? Present value of the estimates of decommissioning and restoration costs
Traits of leaders : What are the best and worst traits of leaders you have worked with? How did these traits affect your productivity and engagement?
What should be BIT dividend payout ratio this year : The firm has 500,000 shares of stock outstanding. If net income is expected to be $2 million, what should be BIT's dividend payout ratio this year
What will be Seaworthy total dividends : What will be Seaworthy's total dividends for 2019 if it follows a pure residual dividend policy. Seaworthy's target debt/assets ratio is 40 percent
Implementing data management system : With the implementation of business analytics, an organization will also need to implement a good information systems plan in order to collect, manage,
Discuss about the forensic assessment : Define the following assessments and provide an example when each should be used: Forensic assessment, Psychological assessment.
Determine the eoq and annual inventory cost : A distributor is planning to consolidate his two warehouses into a single one. He sells widgets from the warehouse. Each widget costs $100.
Positive and negative impact of operations management : Briefly describe what is the positive and negative impact of Operations Management as it relates to the following:
What should be Hawaiian dividend payout ratio this year : The Hawaiian Corporation expects this year's net income to be $12 million. According to the residual dividend policy, what should be Hawaiian's dividend payout

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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