With the implementation of business analytics, an
organization will also need to implement a good information systems
plan in order to collect, manage, and organize all of the data. Not
only is an information system needed, but the data has to be
organized in a structured way otherwise any queries will produce
bad results. This could be catastrophic for an organization because
managers would be making decisions based on bad data. To make sure
that the query generates good reports, you need to think about how
to best organize data for each of the markets you are exploring.
Using the Argosy University online library resources and the
Internet, research ways of optimizing data organization.
Respond to the following:
An organization does not have a good Management Information
System (MIS) in place to help manage all of their data. What are
some of the possible problems this could cause for decision makers?
Assume you are going to conduct some research in the field of
toy making. What are some of the items for which you would want to
collect data? For example: market trends in toy making, latest
sales nationwide, etc. How would these pieces of data help the
company to determine what toy to release for the holiday market?
With the implementation of an MIS for decision making, what
would be some of the concerns related to ensuring that the
organization can support the system? Would you control access to
the system? Would there be someone to keep the data structures
updated? Be sure to explain your ideas when answering these
questions.
Why would an organization want to create an implementation
plan for the integration of a MIS? Is this something that needs to
be well thought out and, if so, why?
Write your initial response in 300–500 words. Apply APA
standards to citation of sources.
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