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

Operations and information systems management, You have recently been emplo...

You have recently been employed in the Operations and Systems Department as Business Operations and Systems Graduate Trainee. You have been asked to produce a report on the role an

What is meant by the term deadlock, QUESTION You have an e-procurement ...

QUESTION You have an e-procurement system, and you want to ensure that your transactions are stored in a reliable manner (a) Name the test that you would apply to your data

Information services in computer environment, CATEGORISATION OF INFORMATION...

CATEGORISATION OF INFORMATION SERVICES IN COMPUTER ENVIRONMENT   Modern libraries and information centres provide a variety of documentation and information services to support

What you understand by the term brute force attack, Problem: a) Explai...

Problem: a) Explain what you understand by the term brute force attack, giving an example of such an attack b) Briefly outline the concept of Caesar cipher and identify a

Challenges of is, three challenges that typically users face in using infor...

three challenges that typically users face in using information system.and elaborate the way to overcome those challenges

Management information system and a decision support system, Problem: (...

Problem: (a) IT will be used to maintain a competitive edge in the market place. Give the five main factors which enable this to happen. You will take an example of your own t

Compare and contrast MS with ADS., Compare and contrast Management Science ...

Compare and contrast Management Science (MS) with Automated decision support ADS

Directory of systems for NPOs, Is there any kind of a directory that pulls ...

Is there any kind of a directory that pulls together the many systems availble for small non-profit organizations?

Word Memo report, How to do a Word Memo report for MIS course?

How to do a Word Memo report for MIS course?

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