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Bead Bar Management Information Systems

DQ #1
In general, think of ways that information systems add value to companies like the Bead Bar, the company that is introduced on page 2 of your text. How can information systems affect a company's bottom line (such as financial performance)? What are other non-financial values that information systems can add to a business? Explain your answer. Keep in mind that many IS projects do not receive management approval unless there is a business benefit to be derived from them.

DQ #2
Why is the waterfall model valuable in the management of information technology projects? Explain your answer.

CheckPoint: Systems Development Life Cycle
List and describe each of the seven phases of the systems development life cycle. Make sure that your descriptions make connections between the different phases-how one leads to another, the importance of each, etc. Post a 200-300 word response.

Resource: Ch. 1, 2 & Section 11.2 (optional pp. 285-296) in Information Systems Technology. (If you have no other way to access this resource, you can go to https://axiaecampus.phoenix.edu
Userid: lindasalicea
Password: Dolphin1951
Management of Information Systems
Axcess Course Materials
Week 1

Solution Preview

In general, think of ways that information systems add value to companies like the Bead Bar, the company that is introduced on page 2 of your text. How can information systems affect a company's bottom line (such as financial performance)? What are other non-financial values that information systems can add to a business? Explain your answer. Keep in mind that many IS projects do not receive management approval unless there is a business benefit to be derived from them.

There are several ways in which Bead Bar business can be helped by information technologies:
1. The paper based forms can be computerized;
2. The accounting system can be computerized and this decreases the possibility of frauds;
3. The franchisee ordering system can be online with web based electronic application forms and supplementary information. This will reduce cost.
4. The franchisee stocks can be monitored online through an extranet so that the stock of beads can automatically be replenished by Bead Bar.
5. The Bead on Board can be connected electronically to the central office of Bead Bar so that replenishments of beads can be done at the next port of call and the Bead on Board remains well supplied.
Computerizing the paper based forms can reduce the number of mistakes and frauds in Bead Bar. In addition, the computerization of the accounting system will lead ...

Solution Summary

This solution talks about the importance of information to Bead Bar. It also gives the seven phases of systems development in the context of Bead Bar.

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