Friday, October 4, 2019
Information Systems in Business Coursework Example | Topics and Well Written Essays - 1250 words
Information Systems in Business - Coursework Example Other data such a s population and demographic data that is important for forecasting can be sourced from government institutions and agencies (Paul, 2001). (ii) Data warehousing for Wal- mart will enhance decision making in the company with regards to inventory management, price control and sales monitoring. The data warehouse will provide data on a real time basis that will effectively aide in quick decision making on supply chain management and customer relationship management (Paul, 2001). Data mining which involves extraction and acquisition of data from the relevant sources to be stored in the data warehouse enables the company; to have up to date and real time data from all its retail stores. This allows real time analysis of the data and facilitates decision making that is appropriate for each store based on the data available (Paul, 2001). (iii) ECM applications are basically provides formalized techniques by which an organization can store and its documents, contents records and other content that is related to business processes and transactions. It entails strategies, tools and methods that used throughout (John, 2013). Hierarchical model where data is structured in a hierarchical manner following a sort of sequence exhibiting a tree structure. There is a root that has branches emanating from it. Network data base model that exhibits a many to many relationship. Items in this model can connect to any item in the database creating a network. Most databases that are used on the Mini and Micro computers are normally based on either hierarchical or network database model. Relational database model has data organized in two dimensional tables with rows and columns populated with related data. Most of the Database software packages available on microcomputers (PCs) are of relational model (Graham & David, 2008). Other database structure models used include the multimedia database that
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