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

Describe the elements of an information systems strategy, QUESTION (a) ...

QUESTION (a) Identify and describe three types of information systems used by organizations (b) Describe the three elements of an information systems strategy (c) Identif

Explain the dimensions of information systems, Question : a) What is ...

Question : a) What is the relationship between management information systems and transaction processing systems ? b) What are the advantages of web-based interactive mar

Mba, What do you understand by “line balancing”? What happens if balance do...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

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

Batch processed ir system, Batch Processed IR System   By 'batch process...

Batch Processed IR System   By 'batch processed IR system', we understand a system that processes several queries (information requests) in a batch. The documents file is search

Politics of Information, Provide an example of "Politics of Information" an...

Provide an example of "Politics of Information" and how it can be used to facilitate organizational purposes? (Or in some instances, hinder them?)

Business advantages of using voice over ip technology, Question 1: (a) ...

Question 1: (a) The Candos Visiting Nurse Services has a team of nurses who visit patients at home to provide medical services. Its business processes are all manual and paper

MBA, Is Indian companies running a risk by not giving attention to cost cut...

Is Indian companies running a risk by not giving attention to cost cutting?

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