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

Profile construction - sdi, Profile Construction The success of SDI se...

Profile Construction The success of SDI service depends to a great extent on the construction of individual or group profiles. It may be stated that a search profile is a list

Citation indexes, Citation indexes   Citation indexing is one of the me...

Citation indexes   Citation indexing is one of the means of producing an effective index by the effective use of computer for arranging and reformatting entries. The input to t

Kwoc (key wordout of context) index-computer generated index, KWOC (Key Wor...

KWOC (Key Word-Out of Context) index   A KWOC index extracts the keyword from the title and the keyword is used as a separate heading with title and accession numbers listed be

Enviromental management, the complexity of the environment and the disrupt...

the complexity of the environment and the disruptive nature of humans justifies the role of the systems approach.react to this statement citng examples

Variety of ways to test a bcp plan, QUESTION 1 The major decision hiera...

QUESTION 1 The major decision hierarchy for disclosing security problems is if the problem is with a product owned by the business or if it is used by the business. Although th

Systems development life cycle, Question: (a) The Systems Development L...

Question: (a) The Systems Development Life Cycle is the oldest process for building information systems and is still used today for medium and large complex systems projec

Management information system and a decision support system, Question 1: ...

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 namel

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#

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