Preview

MIS - Information Systems

Powerful Essays
Open Document
Open Document
3176 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MIS - Information Systems
University of Technology, Jamaica
Management of Information Systems (CIT4016)
Lecturer: Mr. D. Logan
Name: Jonoi Ramsay (1001866)
Assignment #1 (CASE)
Date of Submission: October 7, 2014

Evaluate what type of IS/ IT investments that would be appropriate for a prominent Jamaican company, e.g. Grace Kennedy, TVJ, Paymaster. Demonstrate your understanding of all of the following terms in your discussion: TPS, MIS, DSS, and ESS.

Company Description
Watts New is an electronic and computer superstore that has maintained its reputation as being on of Jamaica’s leader in cutting edge consumer electronics for over fifteen years. They started business in Kingston but by expanding operations to convenient locations in Ochio Rios and Montego, they have extended their reach and thus increase product availability to the Jamaican public. They continue to improve our shopping experience with well-trained computer technicians and a wide array of products and services, including computer assembly, servicing and repairs. They offer the widest selection of consumer electronics island-wide, currently stocking the latest in personal and home entertainment systems as well as other new and emerging technologies. They ensure, through continuous research, that they are always on the cutting edge, and as their tagline states, they are actually “linking life and technology in Jamaica.”
Types of IT investments:
Watts New sees a lot of events taking place on a daily basis within the organization. It can easily carry thousands of different items and see customers come into the store pick up an item and pay for it at the cashier. The workers there are constantly restocking shelves with items taken from the storage area and placing them back on the shelves. When the storage is beyond certain level Watts New will have to order new items. Complex transaction also occur when customers come back to return an item and the deal with other issues such as warranty. All the events described



References: Osterwalder. A. and Pigneur, Y. (2010). Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers Breen, M Borland, J. (2004, March 29). Music sharing doesn 't kill CD sales, study says. CNET, Retrieved from http://news.cnet.com/2100-1027_3-5181562.html Leeds, J. (2005, December 27). The net is a boon for indie labels . The New York Times, Retrieved from http://www.nytimes.com/2005/12/27/arts/music/27musi.html

You May Also Find These Documents Helpful

  • Powerful Essays

    Mis 535 Course Project

    • 3231 Words
    • 13 Pages

    AT&T is currently using what is called a 2Wire Gateway for services to customers, and there are many problems with this situation. The 2wire currently uses the 802.11g standard that is about ten years out of date, as well as the company was purchased by Pace. The company needs to upgrade the system that is used to provide wireless and wired Internet services to its customers, which means that with the upgraded service it…

    • 3231 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Info Systems

    • 1106 Words
    • 5 Pages

    8) When a business process is determined to have poor performance, the firm should always…

    • 1106 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Information system

    • 3772 Words
    • 32 Pages

    According to the graph below, if a country is currently producing at point X, the opportunity cost of producing another consumer good is…

    • 3772 Words
    • 32 Pages
    Good Essays
  • Powerful Essays

    CD sales were said to have dropped anywhere from 5% to 10% in 2001 and 2002. Critics of the recording industry all have something to say. Some critics claim that sales fell only slightly given the falling economy during that time period. They also claim that those who use free file sharing software are more likely to spend more on music than other music purchasers. Other critics point out statistics such as falling industry releases and higher than average CD price increases compared to other consumer prices (Laudon & Laudon, 2006). The music industry's efforts to switch illegal music downloaders to legal sites seem to be working. A recent press release by the RIAA claims that at mid-year 2005, CD releases were down 6.5%. The RIAA blames most of this decline on music piracy. The statistics in this press release lead me to believe that more of this decline may be contributable to legal online music sales and downloads. The first six months of 2005 compared to the same period in 2004 shows a 154% increase in legal digital sales of singles. According to an analysis by the NPD group, 29% of music obtained by listeners in 2004 was burned CDs. The growth of online music sales speaks for itself though. According to a June 2005 survey by Public Opinion Strategies, twice as many adults ages 18 to 54 paid to download music in 2005 than in…

    • 2646 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Mis Information

    • 437 Words
    • 2 Pages

    Cloud storage has several benefits. First of all, it is very convenient. It’s not hard to access the information that’s stored on the cloud. Furthermore, the stored information is accessible from any location that has Internet, so it’s very useful and more convenient than hard drives or even external hard drives.…

    • 437 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Information Systems

    • 1117 Words
    • 5 Pages

    Ultimately, our success is determined not by the buildings we construct, but by the investment we make in the people and programs that bring each new facility to life. We are providing a broad framework of support that enables…

    • 1117 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The music recording industry is in trouble. For several years now, sales of new and popular music have steadily declined and show no sign of changing. The record companies are quick to blame the growing popularity of the Internet; music is being traded in a digital form online, often anonymously, with the use of file-sharing programs such as Morpheus, KaZaA, and Imesh, to name a few. The RIAA (Recording Industry Association of America) succeeded in disbanding the pioneer Internet file-sharing program, Napster, but is facing confrontation with similar programs that are escaping American copyright laws. While there is an obvious connection between declining popular music sales and increasing file sharing, there is more going on than the RIAA wants to admit. I will show that the recording companies are overpricing their products, and not sufficiently using the Internet as an opportunity to market and sell their products. I shall begin by describing in greater detail the problem that the recording companies are facing, as well as the growing epidemic of online music trading. From there, I will show the correlation between the two and describe the other factors affecting record sales, and how these trends could be turned around to help the industry.…

    • 5602 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Information Systems

    • 386 Words
    • 2 Pages

    d) Explain how the two tables are related. Which table contains the foreign key? What is the foreign key?…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    References: Stumpf, Koleman and Felix Oberholzer-Gee (2005) "The Effect of File Sharing on Record Sales" UNC, Chapel Hill working paper…

    • 703 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    When speaking economically, the digital music sector of the international music industry is undoubtably the most important sector in the industry. Within the last decade, music has seen cardinal changes in the way both major and independent labels distribute their products. An industry that once relied on Payola 's and mass distribution of physical records and CD 's now relies heavily on the power of the internet. The first instance of mass distribution of music through the internet was by the service Ritmoteca.com in 1998 [1]. Ritmoteca had a library of over 300,000 songs, offering individual songs for 99 cents each and albums for $9.99. After signing distribution deals with many major music labels such as Warner Bros, Sony, and Universal, it was clear that the market for selling music online was opening up. The year following Ritmoteca 's inception, the peer-to-peer file sharing service named Napster opened its virtual doors to listeners across the world at the price of nothing [2]. At its peak, Napster had over 80 million users across the globe [3]. The service 's popularity sparked a great deal of controversy, as the artists whose music was being downloaded for free felt they deserved to be compensated. Naturally, dozens of lawsuits followed, resulting in Napster 's peer-to-peer file sharing system to be shut down. However, Napster was able to make somewhat of a comeback by competing in today 's ever popular music streaming industry, which allows for users to listen to music at a monthly fee or for free, all the while compensating artists. However, artists still feel they are being compensated at too low of a rate. Clearly, there is still friction in the industry between the consumers and producers.…

    • 1977 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    One of the most important influences that internet piracy has had on the music industry is the sale of retail CDs. Until the past few years, CD sales were one of the key things that music industry insiders used in order to find out which musicians and albums were the most popular with the public. As the world’s technology has been growing, it made the digital music and internet piracy growing too, sales of retail CDs dropped amongst younger consumers to such an extent that the best selling CDs on the market began to bear very little resemblance to the music that was actually popular with the young listeners that form the backbone of the music industry. For example, Bob Dylan’s album Modern Times quickly became the number one best seller when it was released in 2006, despite the fact that none of his tracks were highly requested on mainstream radio programs or popular with younger listeners.…

    • 1268 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Music is a great place to show creativity and be yourself, right? But what happens whenever an artist pours all of his creativity into a song, and he puts it up for sale. Potential sales, in a perfect market, would be pretty high. But introduce file-sharing, and the sales are cut by about one third of the original amount. File-sharing is an activity in which one user downloads something from another user’s files. Online piracy stems from this, as one person downloads something, either legitimately or illegitimately, and then puts it up on some kind of site for others to download and use. Piracy comes into play when it is downloaded by another, and may even potentially find its way into the hands of someone who wants to claim it as their own,…

    • 1107 Words
    • 5 Pages
    Good Essays
  • Best Essays

    In recent years the Internet has become the major source for acquiring music. No more sitting in front of the radio with a cassette recorder waiting for a favorite song to come and capture it on tape to enjoy at leisure. No more high speed dubbing on dual cassette boom boxes to make a copy of the new Metallica album for friends. With the creation of digital format media and high-speed Internet connections, along with peer to peer (P2P) network sites like Napster and Kazaa, it is easier than ever to get songs, movies, and even software. Now all one needs to do is log onto a P2P network and with a couple clicks of the mouse, find, and download almost any music wanted. Though it is illegal to download media from these types of sites (since they are free), it has not stopped people from using them. They actually flocked to them. While the Internet has made sharing music easier and more prevalent, sharing music is nothing new. People have been trading and sharing music long before the Internet was created. With more than 2.6 billion illegal downloads a month (Music United 1) the record industry would have the public believe that file sharing is the main cause of their finical woes. Evidence exists though that suggests file sharing can actually be a benefit to them.…

    • 1553 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Once upon a time, way back when in the caveman era, caveman used drawings on walls to keep track of information and to communicate with each other in the clan of one 's life-span. Over time, man have improved and evolved in the way of keeping track of information and communicating with one another. Today, one finds himself more in an automated world than he did 25 years ago. When planning to purchase a computer, one must take in consideration all possibilities, options, and accessories that one could receive along with the computer. In this summary, we are going to examine some of the input, output, and storage devices along with speeds of a computer. You did a good job of getting the reader 's attention and giving the reader a "road map" to your paper.…

    • 1764 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Information Systems

    • 558 Words
    • 3 Pages

    The CNO as project manager chooses a team to provide input in evaluating what type of EMR that will be chosen. The team consists of nursing informatics specialist, the IT department, and the CFO. The nursing informatics specialists will decide what information should be incorporated within the system. The CNO and the informatics specialist will…

    • 558 Words
    • 3 Pages
    Good Essays