MANAGEMENT INFORMATION SYSTEM
CASE STUDY: WHITMANN PRICE CONSULTANT
SUBMITTED BY: SUBMITTED TO:
Manish Dhungel Sandip Timsina
MBAe Spring 2013 Lecturer
Sec: ‘A’ MIS
1. What different types of needs can MISs and DSSs fulfill in Whitmann Prices’s new system?
WPC is composed of six consulting areas: Audit and Assurance, Crisis Management, Human Resources, Performance Improvement, Tax, and Transaction. These six components have few common needs:
Personal information
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It will be more secure and easier to edit and process. It can be easily used to interact with other systems as well.
3. How does the source of input differ between the MISs being designed for all consulting areas and the DSSs uniquely designed for each consulting area?
The source of data is determined by the end user of the system. In the MIS every consultant will use it so there must be a common data that can be fed to them. The contacts and the calendar are common to all the consultants. And the billing records are also common.
While the MIS uses common data to all in the other hand the DSS uses unique data for each consulting unit. DSS accommodates specific decision-making task required by the professional working in different unit.
Auditors and tax consultant:
They need mathematical models that speed calculations for special business scenarios. They also require entering customer information to produce reports that guide the advice that they offer clients.
Crisis management consultant:
For this unit different forecasting model may be required. They need financial prediction models in cases of disaster.
Human resource consultant:
They may need information about the employees of the clients so as to guide them about proper HR budgeting and balance.
Performance improvement consultants:
For them input may be different statistical as well as mathematical tools to consult their clients on how to enhance the businesses and
A) Distributor sales ,category management, Ability to generate and understand analytical data ,broker management etc...
VI. Guide clients in the gathering of information such as bank account records, income tax returns, life and disability insurance records, pension plan information, and wills.
They realize that each project is unique and cannot be done to any formula. That is why they offer hands-on customer service and design. They want to build an on-going, long-term relationship with each client.
Knowledge about risks related to the company evaluated as part of the auditor 's client acceptance and retention evaluation; and the relative complexity of the company 's operations. ( Auditing Standard No. 9 //. (n.d.).
The benefit of IT for work tasks is the ease of communication. Many attendees at a meeting may be invited quickly in one go rather than people
The Bandon Group has identified several specific sets of information needs. First they must have the ability to analyze existing customer accounts for profitability. The have a need to understand which account they are making money off of and which account represent high volume profits. Second, they must have an effective sales prospecting system. The ability to measure the
The idea of this assignment is to talk about the importance of managing data in any business activity, but specifically the one which is of most interest to us is related to HR practices: how to act when we manage data, how to collect this information and how to store the documents.
At all times HR must consider the financial implications of delivering service by liaising with finance/accounts departments and ensuring service is provided within budget limitations. It is also important to have a clear record of all resources available to the organisation to protect against unnecessary spending. For example, consider using in-house services as more cost effective than buying services in from outside the organisation.
Employee data (names and phone numbers), project data (project name), and job data (charge per hour and project hours).
Performance improvement projects should be methodical and efficient. Without a well- defined process, confusion is likely to ensue, and the performance improvement panel might not achieve the required results (Spath, 2013).
2. Another type of data that may be useful for the human resources department of an organisation is the contact details for each employee especially home addresses. This is essential if a correspondence needs to be sent out to each employee, such as contracts, payslips and pensions or leave information. It is important for each employee to receive the appropriate communication and not to be ignored.
consulting on one end and systems implementation on the other. The Consulting Group viewed its
Communication with various customer – Although DSA is defined as the main customer, there are still other potential customers and each of them may request for different functionalities. It will increase the pressure on business analyst, as he/she needs to
The field of MIS can deliver many benefits to enterprises in every industry. Every department in an organization has different needs for information. Consequently, management information system helps each department differently. Described below are the major departments in an organization and how each department utilize MIS: