Case of tailor made software, Management Information Sys

Assignment Help:

Question:

(a) Fincorp Ltd is an insurance company wishing to change over to a better business system using an improved version of a financial information system (FIS). The director has two choices, namely either to (i) .develop a new tailor made software for the company's financial insurance services or (ii). buy a new off the shelf software. Advise the director of Fincorp whether to invest on (i) or (ii). Give detailed information on how the investment shall be done.

(b) Explain how a project is fully managed in a case of tailor made software.


Related Discussions:- Case of tailor made software

Stages in system development, Stages in System Development Information...

Stages in System Development Information professionals are mostly concerned with the first situation. In this context, the emphasis is on the systems requirements specificatio

System maintenance operations, System Maintenance Operations System ma...

System Maintenance Operations System maintenance is concerned with keeping the hardware and software working. This .involves the following operations: 20 Information System an

OLTP OLPP, Differentiate between OLTP and OLPP? ..............................

Differentiate between OLTP and OLPP? ...............................................................................................................................................

ITstudent, list and give a detailed description of the five components of i...

list and give a detailed description of the five components of information system within the physical design activity.

Catalogues and bibliographies, Catalogues and Bibliographies: There ar...

Catalogues and Bibliographies: There are  a number of commercial organisations like publishers, booksellers, distributors and printers  whose  main activity is to bring  out

Describe the major ict infrastructure components, Question: i) Briefly ...

Question: i) Briefly describe the major ICT infrastructure components. ii) Discuss the tools available to protect from Information Security breaches. iii) Describe the ma

Assignment, Choose an industry of your choice and evaluate the past and pre...

Choose an industry of your choice and evaluate the past and present state of MIS in an organization of the industry

DFD, design a context level , level 0 and level 1 diagram for an informatio...

design a context level , level 0 and level 1 diagram for an information system business process

Types of risks in implementing e-business strategies, Question 1: (i) ...

Question 1: (i) Firms have the support of many e-business applications. Describe, with examples and illustrations, FOUR e-business applications that can be used in a textile f

Write Your Message!

Captcha
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