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Essay Available:
Pages:
1 page/≈275 words
Sources:
2 Sources
Style:
APA
Subject:
Literature & Language
Type:
Research Proposal
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 3.6
Topic:

Information Systems Proposal

Research Proposal Instructions:
Scenario: Imagine that you and a business partner are considering starting a small, brick & mortar, nostalgic record store. Your friend does not have much experience with information systems or technology, and needs a basic understanding of the different types of information systems available to businesses. Write a proposal of the types of information systems that would work well for your chosen business, and their benefits and drawbacks. The summary must outline five types of information systems. All key elements of the assignment are covered in a substantive way. o An explanation of five different types of information systems that would work well for the chosen business 1.The threat of entry of new competitors 2.The bargaining power of suppliers 3. The bargaining power of customers (buyers). 4. The threat of substitute products or services 5. The rivalry among existing firms in the industry. o The benefits and drawbacks of each of the five types of information systems chosen See Table 2.2 in Introduction to Information Systems. Include the following in your summary using the features of Microsoft® Word: - A table of contents - A table - A minimum of two styles - An image - Either a bulleted or numbered list
Research Proposal Sample Content Preview:
Information system for brick & mortar, nostalgic record store Student name: Student number: School name: Introduction There are different types of information system used by businesses too store their data. The stored data relate to information between the business and its customers, suppliers and also to fellow businesses. Types of information systems, their benefits and drawbacks Type of information systembenefitsdrawbacksTransaction processing systemsProper transaction monitoring, reliable, inflexible, durable, concurrence and isolation of transactions, (Laudon & Laudon, 2009).chance of double entry, data processing might be long, Data corruption may lead to system failure in online processingManagement information systemsIt highlights strengths and weaknesses of the company, gives an overall picture of business performance, enables effective management of customers, and makes business predictions easier, (Laudon & Laudon, 2009). It requires regular budget allocation for upgrades, system modifications can be tricky, integration issues might affect output quality and business intelligence reports.Decision support systemsSpeeds up decision making process, improves workers productivity, enhances organizational control, speeds up problem solving, generates new evidence, reveals new approaches, automate managerial processIt is costly,...
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