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Explain the life cycle of an information system.
Apply the steps of the life cycle to the scenario listed below.
Imagine that you run a photography printing store. Your employees have been using punch cards for time entry since you started the business. This has lead to many problems including lost cards, inaccurate hours, and employees punching in other employees. Because of these problems you are considering implementing a computerized time entry system.
Describe each step of the life cycle, and apply it to your problem in your business.
In proposing solutions to these conclusions, what factors should the business owner consider when deciding whether to use in-house or external IT resources and services such as cloud computing or companies that specialize in hosting online stores?..
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