StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Fundamental of Management Information System - Essay Example

Comments (0) Cite this document
Summary
The essay "Fundamental of Management Information System" states that According to the information provided in the case study, senior management has made a decision to tailor merchandise more to local tastes and that the colors, sizes, brands and styles of clothing, etc…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
Fundamental of Management Information System
Read TextPreview

Extract of sample "Fundamental of Management Information System"

This can be done by using special software or program which will allow recording by the scanner what products buyers actually buy (scanner data) in the Macy’s stores, click-through sequences, or automated customer counts (Chapter 2: Information Systems and Knowledge Management, n.d.). Based on point-of-sale data recordings there can be retrieved data which will enable Macy’s to answer the question:
What types of trends exist in customer purchases, and whether there are any regional differences? (Chapter 2: Information Systems and Knowledge Management, n.d.).
By organizing all these data into the database and comparing information among all 800 locations management will know whether there is a need for adjusting its items to local tastes or maybe there is no need at all. In addition to internal behavioral tracking made out of actual sales, Macy’s could carry out proprietary marketing research (Chapter 2: Information Systems and Knowledge Management, n.d.). Such a research can be performed online by using different programs (for instance Salespod), which allows to deal without paperwork and avoid outdated information (Eliminating Paperwork from Retail Marketing and Merchandising). Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Fundamental of Management Information System Essay - 3, n.d.)
Fundamental of Management Information System Essay - 3. Retrieved from https://studentshare.org/management/1637419-fundamental-of-management-information-system
(Fundamental of Management Information System Essay - 3)
Fundamental of Management Information System Essay - 3. https://studentshare.org/management/1637419-fundamental-of-management-information-system.
“Fundamental of Management Information System Essay - 3”, n.d. https://studentshare.org/management/1637419-fundamental-of-management-information-system.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Fundamental of Management Information System

Management information system

.... For example, there is already a well defined logistics management or supply chain management model. All the data is maintained in a centralized database. All information relating to different activities of the organization are all stored at a single place and can be accessed when needed. Changing to ERP is expensive as the entire business process needs to be modified but proves to very beneficial once implemented. Benefits of implementing ERP The whole business process becomes very effective and efficient as a result of ERP implementation. As the different units like the development team, sales team, customer service, deliver team, all will be working i8n tandem and this will make the...
2 Pages(500 words)Case Study

Management Information System

...of information systems in the network age. What are his view changes? What role has IT played in his personal experience? The views of Professor McPherson seemed to have a really great regard for information technology at first. His preference for a particular airline which had earlier proved to be really efficient in communicating between air and territory for the benefit of its customer (him) hints at his blind trust at the power of technology. He seemed to be of the view that his schedules would not be disturbed if he chooses the most up-to-date technology. However, his personal experience helped to change his views at once. Facing from problem in management, he fall...
3 Pages(750 words)Assignment

System Information System Planning & Management

...? SYSTEM INFORMATION SYSTEM PLANNING & MANAGEMENT System Information System Planning & Management Executive Summary The purpose of this report is to highlight on the evaluation of variant technologies that Greens Lime Mouldings (GLM) intends to employ for its future prosperity. The company has maintained both stiff competition to its competitors and outstanding performances, through output provision to the customers. This report encompasses various sections such as: Introduction, which will offer a brief explanation of the company and the project’s objective. The methodology section entails different mechanisms through which the company will employ to achieve the info for success. The report findings will provide the actual issues... of...
7 Pages(1750 words)Essay

Healthcare Information Management System

...? Healthcare Information Management System The forces compelling a transformation in health care and how IT can be leveraged inthat transformation. Health care has since time immemorial lagged behind on adoption of IT in its activities compared to other industry sectors. The main force that has compelled transformation is the evident growth in other economic sectors, which have adopted IT. This has necessitated the same for health care sector. Other forces include the need to minimize errors in book keeping of health records and the need to improve on patient care with quality of service. Next force is the need to measure correctly the performance of health care providers and...
7 Pages(1750 words)Coursework

Information systems security management

In 1915, there were 250 automobile manufactures in the United State that were utilizing information technology on large bases. By the 1994, this figure had increased up till 500 automobiles. In the field of telecommunication, around 2000 radio stations across the United States were found (Laudon, 2011). In 1925, these radio stations were broadcasting to local neighborhoods and run by non-professionals. By the year 1990, only 500 independent stations were functioning. Therefore, it is clear that the e-commerce will follow the same pattern along with some noticeable difference that is discussed further (Laudon, 2011). The development in the field of e-commerce has been increased significantly, but it is also not obvious that this f...
6 Pages(1500 words)Research Paper

Management information system

...or altered by unauthorized users and authentication deals with ensuring that the user is actually the person he claims to be. These days computers are used by everyone from banking to shopping and communicating with others. Though there might not be any secret information in your data but one would not want a stranger getting access to his/her information. Intruders often gain control to anyone’s computer so that they can use it for their attacks on other confidential systems. According to (Caldwell 175) computer security has five fundamental functional areas which are listed below: Risk Avoidance This is a basic security fundamental which deals with...
8 Pages(2000 words)Essay

Management Information System

...Management Information Systems: Case 2. The Queen Mary 2 and Partner Ship The Ship Partner information system provides the passengers of the The Queen Mary 2 with all-integrated entertainment and communication network. Not only does it allow accessing the variety of movies and interactive TV-programs, and perhaps also music and radio, gives an opportunity to browse a web and send e-mails to friends, but also makes planning and making the necessary arrangements much easier. With the help of the Ship Partner there is no need to communicate to the cruise ship personnel concerning the reservations - it can be done conveniently and fast through the network....
2 Pages(500 words)Essay

Fundamental of management information system

...Fundamental of Management Information System Snyders of Hannover which is a multinational company has proved to be using an old-school form of financial tracking which is not up to its standard. For a company that sell eighty million of its products, the use of spreadsheets is not advisable totally. The financial department at the head office is straining to collect data from all the fifty branches and analyze them before consolidating them into one document that is then used as a profit and loss statement. This move already shows that the company is not in a position to clearly come up with clear cut financial statements that can be audited and be accountable for. This...
1 Pages(250 words)Essay

Fundamental of management information system

...of a centralised information system in the company where a database is created to store and process the information for all 50 financial departments across the globe. According to Robson (1997), a centralised system is secure and is capable of processing large volumes of data at a faster speed. This provides an efficient approach to management and processing of information in the organization which helps it to improve its performance. The use of information systems in the organization helps to improve the decision making process which further helps to improve the performance of the company. Data can be...
1 Pages(250 words)Essay

Management Information System, Recommendations

...Individual Consultancy Assignment (A1) 1.1 Executive Summary This study intends to provide a description of the present position of Newark Ophthalmic Centre in terms of Information Systems Management, organization structure, Risk Management, procurement, change management and business processes. It refers to the case of the Newark Ophthalmic Centre as a case study to identify the elements of Management Information System. This study goes through the various processes in the case study, the relationship between entities and the various dependencies involved. Change...
16 Pages(4000 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Fundamental of Management Information System for FREE!

Contact Us