Implementing data management system

Assignment Help Operation Management
Reference no: EM132740090

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.

Using the Argosy University online library resources and the Internet, research ways of optimizing data organization.

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?

Reference no: EM132740090

Questions Cloud

What criteria will the bank use to approve a loan : Medical partnerships, will tend to do their borrowing with commercial banks. What criteria will the bank use to approve a loan to a small medical facility
Should landline recognize revenue gross : Should Landline recognize revenue gross (i.e., as a principal) for the amount billed to the customer for their time spent using the ''1-900'' number
Traits affect your productivity and engagement : What are the best and worst traits of leaders you have worked with? How did these traits affect your productivity and engagement?
Determining the closest value : After retirement, you expect to be incomeless for 3 years. After enjoying the three years of free (incomeless) time, you plan to start your business
Implementing data management system : An organization does not have a good Management Information System (MIS) in place to help manage all of their data.
What the respective normal account balances of sales : What the respective normal account balances of Sales, Sales Returns and Allowances, and Sales discount are? credit, debit, debit.
Find the cost of sales account is used : Under the perpetual inventory system accounting standards require any discount received for paying for inventory purchased within the discount period to be
Briefly describe the baldrige award : Briefly describe the Baldrige Award. State each category of evaluation and describe Polaris' performance in each category.
How the freight costs will be paid by the : If a customer agrees to retain inventory that is defective because the seller is willing to reduce the selling price, this transaction is known as a sales

Reviews

Write a Review

Operation Management Questions & Answers

  Identify a real potential competitor in the market

Create a hypothetical organization offering product /service of your choice. Identify a real potential competitor in the market.

  Regional distributor purchases discontinued appliances

A regional distributor purchases discontinued appliances from various suppliers and then sells them on demand to retailers in the region.

  What is the purpose of exploratory research

From an emarketing perspective. What is the purpose of exploratory research?

  Write a letter to the owner of the coffee shop

The coffee shop across the street from your tiny apartment is your haven away from home—great beverages, healthy snacks, an atmosphere that is convivial but not so lively that you can’t focus on your homework, and free wireless. Write a letter to the..

  Promotion for general mills and which is best for safeway

General Mills normally prices Cheerios at $4.69 for an 18 ounce box at Safeway. The Cheerios cost General Mills $1.00 per box to make, and they normally sell them to Safeway for $3.29. Two Cheerios promotions are run at Safeway: One promotion is a st..

  Which include placing validation stamps on customers parking

The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 90 per hour. The ticket seller averages 18 seconds per customer, which includes placing validation stamps on customers' parking ..

  What is core competency vs. regular competency

Provide an example or two on what is a core competency vs. a regular competency.

  Discuss issues that a small pizza restaurant might face

Discuss some of the issues that a small pizza restaurant might face in inventory management. Would a pizza restaurant use a fixed-order-quantity or period.

  What do you personally do to minimize stress

What situational stressors do you encounter at your externship? What do you personally do to minimize stress?

  Review melissas definition of her problem

Over a 10-year period, consumer prices rose 29 percent, while the price of clothing fell over 8 percent. Melissa Richardson, the owner of a trendy teen clothing shop in a major city, has benefited from this trend.  Review Melissa’s definition of her ..

  Identify which leaders were involved in the communication

Prepare a graphic that illustrates your analysis of the change .Identify which leaders were involved in the communication .

  Determine an optimal ordering policy

Orders are delivered instantaneously. Use dynamic programming to determine an optimal ordering policy.

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