Management Information Systems Research Paper Example | Topics and Well Written Essays - 1250 words

Management Information Systems - Research Paper ExampleIn this project, the basic root is to automate the traditional line of merchandise practices and mend the overall capability and performance of corporation. Business Overview The scenario of the transaction is that my scoop friend has bought a small retail line of merchandise in Central Florida and its name is gleaming dream Store. The business has been doing fairly well but my friend has just found out that the accounting administration consists of cash and receipts in a shoe box and there are no reports of anything since everything was kept in the prior owners head. So in this project, my friend has hired me as a consultant to admirer him get things organized. Markets The ingenious moon about Store deals in general household products that are used in our day-by-day lives. The basic intention of this gunstock is to provide customers with more convenient and easy access to daily used products. Bright Moon Store ha s a long business history in the securities industry and with the passage of time its overall reorganization has improved. As a result, Bright Moon Store wants to improve its overall market reorganization and performance. With the passage of time the business customers are increasing so the business needs to adopt some effective tools and techniques to deal with these growing requirements. Mission/Business Need In order to run its business effectively Bright Moon Store has to fulfill its basic business needs. The effective fulfillment of these needs will effectively support all business areas. In this scenario Bright Moon Stores basic business needs are outlined below (Laudon & Laudon, 1999 Turban, Leidner, McLean, & Wetherbe, 2005) modify product steering Rapid management and processing of business resources Staff management Effective lend chain management and automation Efficient and effective customer record management Back-office information management Purchasing management Data security Finance management Data sharing among all store areas like store, purchase counter, etc. Improved inventory management Timely and accurate business account Effective decision support HR management Problems with Current Information Processing Bright Moon Store is currently completing its business tasks using manual ways. In such scenario the overall workload and working style are more rigid, which ultimately causes less effective business performance. The present business data is paper based or semi automated. In this scenario problem is that the amount of data is ample and it cannot be handled without using an appropriate information system. According to (Hoffer, Prescott, & McFadden, 2007 Laudon & Laudon, 1999), an information system is a collection of organized components that work collectively, process, store, and distribute information to a variety of departments with the purpose of supporting decision making and controller in an organization. Thus, in the absenc e of an information system we connect retrieve some priceless information from this data. This data is presently worthless because the extraction of the valuable facts and figures is much harder. In addition, business of Bright