Management Information System Essay Example | Topics and Well Written Essays - 750 words

The executives Information System - Essay Example contends with a large group of other money related establishments, for example, banks, business firms, insurance agencies among others thus there is solid rivalry. As a method of endeavoring to situate itself better in the market, the organization looked to re-appropriate its IT foundation to IBM, a registering goliath because of various reasons. As a matter of first importance, this is an endeavor to increase the value of their organization among workers, customers and investors by improving effectiveness just as lessening costs while simultaneously improving quality. Given that IBM is a prestigious figuring goliath, JP Morgan figured it would be an astute choice to join this organization as a method of attempting to depict its picture in a superior position. For this situation redistributing would include an incentive in that IBM is an entrenched registering monster regularly treated with incredible regard by different partners to such an extent that its fuse by JP Morgan would pull in a positive reaction from various partners. By goodness of maintaining a few business elements, JP Morgan believed that by scaling its IT uses, it would diminish its real needs of paying full costs that would be founded on projections made before. Subsequently, it tends to be noticed that JP Morgan tried to decrease costs on its part by incorporating the IT business to one major, respectable organization which is IBM PCs. In undeniable reality, JP Morgan basically needs to take a prudent step notwithstanding rivalry against other major money related monsters with the end goal that it thought re-appropriating would help tidy its picture just as help diminishing use by bringing together its IT issues to one figuring goliath. The fundamental issue raised here is that of the abuse of customary methods for handling data during the contemporary time of computerized age where new data and innovation is ruling. The aftereffect of the utilization of old methods for handling data is inability to get to data promptly when it is expected to battle an in any case fast approaching catastrophe. FBI in this