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

What is an information systems risk assessment, Question: (a) Control ...

Question: (a) Control of Information Systems is nowadays treated seriously and forms an integral part in the design phase. What types of control are available for Information

OLTP OLPP, Differentiate between OLTP and OLPP? ..............................

Differentiate between OLTP and OLPP? ...............................................................................................................................................

Inernet, Explain the differences between internet, intranet and extranet.

Explain the differences between internet, intranet and extranet.

Trademark, How might a company such as Google prevent the term “to google” ...

How might a company such as Google prevent the term “to google” from becoming generic? 2. What would the effects be, should the term become generic? 3. Research and reference appro

Basic network topologies, Basic Network Topologies The basic topologie...

Basic Network Topologies The basic topologies are: i) point-to-point connection, ii) linear bus, iii) Ring connection, iv) star connection and v) multiconnected

Planning & development of MIS, WHAT IS THE PROCEDURE INVOLVED IN PLANNING A...

WHAT IS THE PROCEDURE INVOLVED IN PLANNING AND DEVELOPMENT OF MIS

Searching on the internet, SEARCHING ON THE INTERNET   A vast array of ...

SEARCHING ON THE INTERNET   A vast array of databases and services are available through the Internet. It is necessary to design interfaces that help users who search for infor

Information and communications technology, The invention of communication t...

The invention of communication technology signifies effectiveness in organizational communication.  Since your organization is practicing 'classical approaches' in your management

Describe six ways in which an erp system, QUESTION (a) Do ERP systems s...

QUESTION (a) Do ERP systems strengthen or weaken a corporate manager's control over operations? State your point of view also justify it with two appropriate examples (b) Ex

Economics, unions tie the hands of management and inhibit efficient decisi...

unions tie the hands of management and inhibit efficient decision making

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