An organization does not have a good management information


Respond to the following:

  • An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?
  • Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data? For example: market trends in toy making, latest sales nationwide, etc. How would these pieces of data help the company to determine what toy to release for the holiday market?
  • With the implementation of an MIS for decision making, what would be some of the concerns related to ensuring that the organization can support the system? Would you control access to the system? Would there be someone to keep the data structures updated? Be sure to explain your ideas when answering these questions.
  • Why would an organization want to create an implementation plan for the integration of a MIS? Is this something that needs to be well thought out and, if so, why?

Write your initial response in 300-500 words. Apply APA standards to citation of sources.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: An organization does not have a good management information
Reference No:- TGS01040636

Expected delivery within 24 Hours