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

Explain what is an enterprise resource planning software, Question: (a)...

Question: (a) (i) List down common network topologies. (ii) With the help of a diagram, explain each topology. (iii) Write down a disadvantage for each topology. (b) A

Information technology, Does your company write papers? How long before we...

Does your company write papers? How long before we get tit back

Basic functions of library management system, BASIC FUNCTIONS OF LIBRARY MA...

BASIC FUNCTIONS OF LIBRARY MANAGEMENT SYSTEMS (LMS)   The basic functions of any LMS are: ordering and acquisitions, cataloguing, circulation control, serials control, manageme

Functions of a serials control system, Functions of a Serials Control Syste...

Functions of a Serials Control System   The following are the functions to be covered by a serials control system:  Management Information  Selection for purchases

Which is if the technology can be used against society, QUESTION As vir...

QUESTION As virtually every aspect of society becomes increasingly dependent on information and communications technology, our vulnerability to attacks on this technology incre

Raising security awareness amongst its employees?, QUESTION Modern soci...

QUESTION Modern society is highly dependent on key critical systems either physical or technology based. They have become more vital as the information age has developed and so

How does a dss differ from an mis, Question: (a) Companies use differen...

Question: (a) Companies use different types of enterprise systems (like ERP, CRM and SCM) to support their internal business processes and activities as well as external intera

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?

What do you meant by an information system, Question 1: i. What do you...

Question 1: i. What do you meant by an information system? ii. Distinguish between a computer, an information system and a computer program. iii. What is the differenc

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