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

Components of a computer based information system, Question: (a) List ...

Question: (a) List and briefly describe all the components of a Computer Based Information System. (b) Show how cloud computing can provide value to a business. (c) (i)

Decision support system , -you and another executive on a different contine...

-you and another executive on a different continent want to develop a new pricing structure for product -you want to decide where to spend advertising dollars which the problem of

CarolJ, What does "representative technology based product" mean?

What does "representative technology based product" mean?

What could be the causes of failure of the system, A bank is building an SM...

A bank is building an SMS to Web system whereby their registered customers would be able to query their savings and load balance by just sending an SMS , anywhere and anytime. The

Steps in system analysis, Steps in System Analysis  The following are t...

Steps in System Analysis  The following are the steps involved in systems analysis:  Define the system (definition of the system) including its scope;  Analyse the ope

Subject bibliographies, Subject Bibliographies: Subject bibliographies...

Subject Bibliographies: Subject bibliographies are useful selection tools for  retrospective books. If they are compiled by professionals with a  subject background of  the fi

Determine the attractiveness of its industry (e- business), QUESTION A...

QUESTION Amazon.com Inc. is an American multinational electronic commerce company founded by Jeff Bezos in 1994. It started as an online bookstore, but now sells a variety of

Selection tools - books, SELECTION TOOLS: Information Resources  Devel...

SELECTION TOOLS: Information Resources  Development is an  important activity  of any library or information centre as it ensures efficient and effective functioning of librar

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