1.2 Describe different information systems and their main features Transaction Processing System – This system is responsible for processing day to day business transactions. Management Information System – This system helps with carrying out the tasks required for problem solving and decision making. These are management level systems and help with the smooth running of the organisation. It helps with generating reports necessary for running and monitoring performance levels and efficiency levels, data for accounting and other transactions Decision Support Systems – This system helps with making long term decisions and is used to assist managers. Data warehouse – This system helps with storage of information electronically and also helps with analysis, retrieval, sharing and managing data.
P2: Distribution of retail goods Distribution channels covers three sectors of industry, Primary (Raw Materials) Secondary (Manufacturing) and Tertiary (Services). Distribution centre is part of a logistics chain which include trucks delivering and picking items from the workhouse, movement of goods via: * air * road * train * ship Size of distribution centre is deepens of the business is serves. Businesses would have to plan how they are going to distribute their products or services to their existing customers in order for them to sell. Distribution channels would have to make sure that they give the product or service to the correct people and at the right time, it is very important that they are able to make their profits and efficiency when a customer purchase a product or a service. The customer may have bought it straight from the business or the producer of the product per through the retailer or the wholesaler.
Why is it important to document change requests? What happens if a development team doesn’t? * Database administrators usually support different business units with each unit having their own set of unique procedural requirements. Formalizing and documenting the change request process minimizes the potential for miscommunication between the business units, application development areas and the database administration unit. This is even more important to remote database services providers, meaning that if an organization doesn’t have a formal change request process in place, they’d have to create their own.
Organizational formats which allows you to combine simple, functional, and geographic, and matrix organizations. There are organizations with too many layers of management. You can simplify your organization by using a hybrid organizational structure to interject a chain of command that maximizes speed and proficiency, while adding extra management oversight where needed. For example, you may need a functional organizational structure for accounting or finance personnel to maintain checks and balances, and a geographic structure to provide support and product customization for different regions. In addition, hybrid organizational designs allow you to modify your organizations reporting and the needs of your company.
Because many information is stored in few places on the network machines, and many individuals has access to it, important is for organization to build the right architecture of needed database system and have the security policy in place before any of this will be used on a daily basis. The multilevel data distribution should be considered and have a few levels of security that allows not every individual access it to every data but only certain level of information. Architectural design plays important role in this step. Legal Issues Thinking about the legal issues can bring up many questions about what consequences may occur if the organization is not protected by the law in case of stolen data or attack to the database. One of the main issue that companies, individuals or database administrators can face or deal with when it comes to the database system is the copyright laws of the United States.
A line of communication will need to take place with the owner, project managers, accounting department, human resources, financial department, investors, and even with the company’s clients. Another reason the elements of the system could be missed by having too much data and being overwhelmed with information, the best way to keep track of different systems is to have a project scope to tackle down one system at time so the data of information will not be so immense and not so much
Project Management Summary CPMGT/301 Project Management Summary Project managers and portfolio managers are often confused with one another by business managers and stakeholders. Project management is a broader term used for those that include both program management and portfolio management. There are many similarities between portfolio management and project managers making them relate to one another. Within either a project portfolio or a program, project managers have to make decisions that are goal oriented and consistent with an intended strategic outcome. According to our text that we were tasked with reading this week, Project Portfolio Management (PPM) has clear benefits as stated, “Provide a structure for selecting the right projects and eliminating the wrong ones, allocate resources to the right projects, which in turn reduce unnecessary spending, align
Specifically we were to focus on improving the stores sales. Store sales were the number one priority. One has to also consider legal issues, employee pay, and inventory. In the simulation one was asked to evaluate the problem, isolate, analyze it and find a suitable solution. In the simulation one was supposed to separate critical issues from non-critical and then rate them based on
Operations Management is a subject of business that is relate with the production of goods and services, and includes the responsibility of making sure that business operations are efficient and effective. It is in addition the management of capital, the allocation of goods and services to clientele, and the examination of line up systems. It focuses on the effectual planning, preparation, use, and controlling of a industrialized or service organization through the learning of concepts from design manufacturing, business engineering, management information systems, quality management, production management, inventory management, accounting, and other functions as they affect the organization. Operations also demote to the
The scope of inventory management focuses on the relationships between many things including carrying costs of inventory, asset management, inventory forecasting, quality management, returns and defective goods, demand forecasting and number of others. Companies who are able to efficiently balance these competing requirements are able to achieve optimal inventory levels and reduce