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

Management Information Systems - Research Paper ExampleIn this project, the basic idea is to modify the traditional business practices and improve the general capability and performance of corporation. Business Overview The scenario of the business is that my best friend has bought a small retail business in Central Florida and its name is Bright Moon Store. The business has been doing fairly well but my friend has just found out that the accounting system consists of gold 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 engage me as a consultant to help him get things organized. Markets The Bright Moon Store deals in general household products that are used in our routine lives. The basic intention of this store is to provide customers with more convenient and easy access to daily used products. Bright Moon Store has a commodious business history in the market and with the pass age 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 call for to adopt some impelling tools and techniques to deal with these maturement 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) Automated product vigilance Rapid management and processing of business resources Staff management legal supply orbit management and automation Efficient and effective customer record management Back-office entropy management Purchasing management Data security Finance management Data sharing among all store a reas like store, purchase counter, etc. Improved inventory management Timely and accurate business reporting 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 selective information is paper based or semi automated. In this scenario problem is that the amount of data is huge 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 control in an organization. Thus, in the absence of an information system we connect retrieve so me blue-chip 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