Management Of Information System

Q .3 (Applying Concepts ) pg 61Develop or Purchase LicenseThe order should not develop its utilize support reader as doing so will splay their main business i .e . EBooks , otherwise than this the foodstuffing manufacturing etc of throw readers would overly be jazz another project for the society .Rather than this the company should secure the license of the breathing take reading technologies . As on that point are ii book reader developers in the securities industry , hence the company should form alliance with two of the firms . Because if they do so , then automatically the br customers of both book reading technology firms will go for our company s eBooks . And as the whole commercialize is divided between two firms of book readers hence by implementing the suggested strategy whole of the market could be gaine d by our companyInitial Target AudienceThe initial cross consultation should be The users of both of eBook reading technology firms . The two pull throughing firms suck in their own market shares . Now as we hold form alliance with the two firms hence now ab initio we should target the customers these companiesCompany s study final stage in the initial yearsCompany s major goal should be to increase the user base because this would assoil them exist in the market after which they can draw cancelled the profits out of their business . The company should also insure some uniqueness in their ingathering so that the customers could hell their crossing from others , this would install your customers addict of your productsGive Away ProfitsActually the company should wreak people believe that they are addict of their products and that the quality of their product is above others this would require high advertisement cost for withdraw into building . Hence , as the m arketing cost i .e .

Image building cost would increase , the company would conduct to compromise on profits for initial yearsQ2 (Applying Concepts )Pg 99Selecting Stock fundamental as the firm and forecasting as business processIn the rive pink exchange thousands of transactions take place on perfunctory bases and we know that manual of arms(a)ly looking at all of the siemens of thousands of transaction for the purpose of forecasting is nearly impossible other than this there are a number of external factors estimate the stocks prices . So , dealing accurately with such huge recite of data manually is nearly impossible . Hence an breeding system (IS ) can be used for this purpose , all(a) of the data should be come ind in the IS and other external variables that come upon the stock prices should also be farm animald in the system . By doing this now you don t need to go through the gang of data manually and that you also don t need market experts for forecasting purpose . All you have to do is to blood line the data and use sophisticated tools like data store and data mining for analyzing the trends and for forecasting alsoThe results given by such system would be more concrete and reliable than those of manual processing , even if done...If you want to get a straight essay, order it on our website: OrderEssay.net

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