What are possible problems could cause for decision makers

Assignment Help Business Management
Reference no: EM131443277

Assignment: Discussion-Implementing a Data Management System

With the implementation of business analytics, an organization will also need to implement a good information systems plan in order to collect, manage, and organize all of the data. Not only is an information system needed, but the data has to be organized in a structured way otherwise any queries will produce bad results. This could be catastrophic for an organization because managers would be making decisions based on bad data. To make sure that the query generates good reports, you need to think about how to best organize data for each of the markets you are exploring.

Using online library resources and the Internet, research ways of optimizing data organization.

Respond to the following:

• An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?

• Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data? For example: market trends in toy making, latest sales nationwide, etc. How would these pieces of data help the company to determine what toy to release for the holiday market?

• With the implementation of an MIS for decision making, what would be some of the concerns related to ensuring that the organization can support the system? Would you control access to the system? Would there be someone to keep the data structures updated? Be sure to explain your ideas when answering these questions.

• Why would an organization want to create an implementation plan for the integration of a MIS? Is this something that needs to be well thought out and, if so, why?

Write your initial response in 300-500 words. Apply APA standards to citation of sources.

Reference no: EM131443277

Questions Cloud

How are job applications and resume reviewed : How are job applications and/or resume reviewed? How are interviews conducted? Phone interview, on-site intervies and panel interviews?
Define lorenz curve : Using the axes from a Lorenz curve, draw a. the Lorenz curve for perfect equality. b. the Lorenz curve for perfect inequality.
Which do you believe presents the greatest threat to civil : Which do you believe presents the greatest threat to civil society: a corporation that commits crimes (e.g., murder, environmental crimes, or bribery), or persons who commit crimes that harm businesses (e.g., embezzlement, fraud, or larceny)? Defe..
Important part of business : 1. Do you think survey and market research are over rated or are they an important part of business? Explain.2. When asked to do a survey what are things that company can do to increase the likelihood that you will complete the survey? Give an exa..
What are possible problems could cause for decision makers : An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?
Discuss the consequences of such a policy to us consumers : After viewing the Chinese Imports & Food Safety video, consider whether U.S. retailers that utilize products or raw ingredients that are imported from China and are poorly regulated should be liable in tort for injuries to consumers who are harmed..
What are the possible disadvantages of using the analysis : What are the possible disadvantages of using this analysis? Describe three strategies that may be impacted by the results of this analysis. Estimated page length for Part A is 3-4 pages
Is the us trade deficit always a bad thing : Is the US trade deficit always a bad thing? Many current US politicians advocate forcing China to strengthen its Yuan in order to help reduce the US trade deficit. Is this a good strategy? Would it work? Why or why not?
Find anticompetative strategy and competative response : The U.S. Justice Department has been worried that the nation's four largest air carriers-Delta, Northwest, American, and United-use low prices to limit competition at the busiest airports.

Reviews

Write a Review

Business Management Questions & Answers

  Explain how much is invested in stock b

The beta of stock A is .8 and of stock B is 1.4. One-half of the portfolio is invested in the risk-free security. Explain how much is invested in stock B if the beta of the portfolio is .45?

  What kind of conflict is occurring between pilar and miguel

What kind of conflict is occurring between Pilar and Miguel? How is this similar or different from that among Angela and Ralph? Explain your answer.

  Discuss single best practice from scm and procurement system

Write a one to two page paper in which you discuss the single best practice from SCM, procurement, and procurement systems (one from each) and explain how the three can work together.

  Describe what makes that decision inethical present

Describe what makes that decision inethical Present an alternative ethical and legal solution to the decision focusing on the organization's responsibility to its stakeholders.

  How is the word myth utilized popularly

How is the word myth utilized popularly? For instance what does the statement It's a myth mean? In contrast how is the word myth used in the academic context?

  Briefly define organizational behavior

Briefly define organizational behavior. How can the knowledge of organizational behavior be used to enhance a person's job performance and career? It would be very helpful if you can provide some examples.

  Personality traits are influencing the communication

What cultural and/or personality traits are influencing the communication? What is Sarah likely to be thinking/feeling? What is Sandeep likely to be thinking/feeling?

  Generate a strategic management plan

Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control.

  Movement along and shift of the demand curve

What is the difference between a movement along and shift of the demand curve? Show the affect on the equilibrium price and quantity that result from: (1) an increase in demand, (2) an increase in supply, and (3) an increase in both supply and ..

  Incidence of the tax

Estimate the incidence of the tax and explain the economic forces affecting the outcome.

  Question about transformational leader

Which characteristics of a transformational leader do you consider most important and provide two examples to support your choice.

  What were charles and bill kochs sources of power

What were Charles and Bill Koch's sources of power within Koch Industries? Did they have reward power, coercive power, legitimate power, or expert power? Any other sources of power?

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