Management information system and a decision support system, Management Information Sys

Assignment Help:

Question 1:

A bank is in the process of reviewing its IT Systems. It currently hosts a number of legacy systems which supports different aspects of its business functions namely Banking Accounts, Loans, Credit Card Management and Financial Management Systems. The legacy systems are not integrated with one another. The new IT Systems has to be an integrated system in order to provide fast and efficient reporting within the organization at practically all levels. Build and Information Architecture for the Integrated System and explain how the system will be made to perfectly align with the strategic objectives of the organization.

Question 2:

(a) Using an example of your own, explain how a corporate information system can provide competitive advantage to an organization.

(b) Explain why it is extremely important to consult all stakeholders in an organization before a Strategic Information Systems Plan is elaborated.

(c) Explain the difference between a Management Information System and a Decision Support System.


Related Discussions:- Management information system and a decision support system

Catalogue, Ask question #Minimum 100 words acceptedlist and explain inner a...

Ask question #Minimum 100 words acceptedlist and explain inner and outer forms of a catalogue#

Information retrieval system (irs) , Definition of an Information Retrieval...

Definition of an Information Retrieval System (IRS)  According to Sparck Jones an Information Retrieval System is a set of rules and procedures, for performing some or all of t

Data information databases, Ask que Describe a database, a database managem...

Ask que Describe a database, a database management system, and the relational database modelstion #Minimum 100 words accepted#

How internet supports business-to-business e-commerce, QUESTION (a) Wha...

QUESTION (a) What are some of the issues to consider in determining whether the Internet would provide your business with a competitive advantage? (b) It is imperative for c

Selection tools and their importance - information source, SELECTION TOOLS ...

SELECTION TOOLS AND THEIR IMPORTANCE: In order to do this job well, it is invaluable to have a good background knowledge of production agencies that bring out print and non-pr

Explain the term artificial intelligence, Question 1: (a) Information s...

Question 1: (a) Information systems can be classified by 1) the specific organizational function they serve as well as by 2) the organizational level. Discuss about systems in

Application Theory, Using the NCU library, do some research on the theory t...

Using the NCU library, do some research on the theory that you chose from the above list. Also, using your area of specialization, choose an area of interest and a common problem o

Characteristics of group decision support systems, Question: a) Explai...

Question: a) Explain what you understand by structured, semi-structured and unstructured problems. Where can a Decision Support System ( DSS) be useful? b) Explain what y

Explain the daveni''s hypercompetition, Successful firms carefully balance ...

Successful firms carefully balance Business Strategy, Organizational Strategy and Information Strategy to gain competitive advantages over other competitors. Market forces create t

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