Management information resource

Introduction The IT industry is among the fastest growing avenues of business and investment. It also bears an equal measure of risk and volatility and therefore requires informed and competent decision-making. The objective of any business is to make profit and this depends on the strategy adopted in managing and hedging against costs while keeping a reasonable margin of quality. It therefore falls upon the cio officer to make appropriate choices in as far as making or buying a product or service or constituent factor of production.Advertising We will write a custom research paper sample on Management information resource specifically for you for only $16.05 $11/page Learn More Literature review Companies and industrial scientists have developed and recommended various schemes and approaches to the build or buy decisions. These have been all based on the situational analysis of each proponent hence making their strategies limited to a specific situation . Therefore, there is no foolproof method or formula to the issue. However, it is common ground among all these proposals as to the factors that a manager should consider before making a build or buy decision. In line with the profit-making objective of the firm, the manager should evaluate the economic benefit of the existing or proposed outsourcing option. Clearly, the economic aspect lies heavily to influence the manager’s decision in as far as buying or making. The manager should obviously consider the cheaper of the options for implementation. This factor is however to be considered alongside other factors. If he chooses to go fro an out sourcing option, he should also consider if the outsourcing option can be r negotiated in future. If the manager decides to go for an in sourcing option he needs to consider the costs involved in transitioning from the buy to the build option. If tit is the first time, the manager needs to evaluate the decommissioning costs of the buildi ng option. A build option also means that there will be an interruption in the IT resources within the organization and therefore a need for a re-evaluation of the department. Undeniably, both options have their own benefits besides the cost. The outsourcing option for instance guarantees variety and quality since the outsourcing firms invest a lot of talent and expertise in the creation and provision of the product or service. A build option on the other hand is a cheaper option in the long run since it reduces the dependency of the business to external factors. It therefore gives the business a competitive advantage by allowing it to alter the product to suit emerging trends at little or no cost. The manager should also evaluate the growth prospects of the build option in as far as talent expansion and growth. Keeping all these in mind the general trend among companies has been to maintain equilibrium between their build and buy options. This involves outsourcing secondary service s and building primary functions. This allows the firm to balance the level of external dependency while still making the best of the outsourcing optionsAdvertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Discussion Designing and Building infrastructure is a costly and lengthy process. In an organization that has an existing outsourcing option, would consider the odds of switching from the existing option against the building option. The building of infrastructure also attracts a competitive advantage to the business and therefore is the more viable of option. If the infrastructure is pat of a primary function then I would go for a build option Customer support is a secondary service to an infrastructure and therefore would be cheaper if bought from a vendor. This reduces the workforce involved in the infrastructure and cuts on costs. It is a growing aspect of the infrastructure that needs constant expansion and growth. The outsourcing option can always be renegotiated in the future (Buxbaum 2002, pp5-16). Infrastructure maintenance is a recurrent cost in the organization. It affects the primary functions of the infrastructure and therefore should be internally sourced. It is cheaper and reliable if in sourced due to the effect on operations Infrastructural upgrades are accessories that can always be replaced. The upgrades provided by a vendor have more quality and skill invested in them. It would therefore be preferable to purchase them from a vendor. Decommissioning of infrastructure can go either way and therefore depends n the cost of either buying the service or performing it from within the organization. In most cases, however most firms prefer an in-house decommissioning option due to the value attached to the resultant salvage value. The market for applications has gown greatly over the years especially due to the onset of android and cloud computing tec hnologies. It has therefore received heavy investment by interested parts and development partners. The outsourcing option for applications has proven profitable and convenient since there are numerous application developers who have driven the outsourcing cost down. I would therefore consider adopting an outsourcing option in the short run. Customer service for applications goes to the primary function of applications and therefore requires in-house attention control and regulation. In effect, I would prefer an in-house customer service strategy to ensure that the organization has a firm grasp of the operation of the organizations customer base.Advertising We will write a custom research paper sample on Management information resource specifically for you for only $16.05 $11/page Learn More Maintenance of applications is also an important aspect of application services. The organization therefore has a competitive advantage if it has its own personaliz ed maintenance strategy since the risk of an in effective maintenance mechanism is far too high. It also allows the organization to identify and grow talent for future design purposes. The development and improvement of an application requires an independent perspective. Developing upgrades from an in-house source limits the creativity and diversity. Outsourcing firms also invest a lot of resources and funds in developing new upgrades and therefore present the better option in as far as upgrades are concerned. Since the preferred design and development method is an outsourcing option, it follows that the decommissioning of application is best done by an outsourcing firm or vendor. This saves the organization the overhead costs that accrue to decommissioning (McCall 2010, pp 13-29). Conclusion It is important to establish equilibrium in the strategy adopted while keeping a clear hedge between the implications and benefits of each option. The outsourcing option has however grown treme ndously and continues to present pertinent advantages and alternatives to firms. References Buxbaum, Peter. Bringing IT back home. [2002]. Retrieved from: https://www.computerworld.com/article/2576557/bringing-it-back-home.html McCall, Owen. Insource, Outsource, Everything as a Service. [2010]. Retrieved from: https://www.cio.com/article/2418837/insource–outsource–everything-as-a-service.html This research paper on Management information resource was written and submitted by user Juniper Holmes to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The Great White Shark

Beginning with the simplest one-celled organism, an extraordinary animal rose in the murky waters entitled to a non-comparable killing-eating machine. This organism has become natures most genuine and most successful creature that it has remained unchanged for over 250 million years. Nature finally invented the perfect king of the sea. This animal has given the sea its living adjective; in turn, it was entitled- The Great White Shark derived from a series of evolutionary advancements that took several billion years. It began with the derivation of the vertebrates-the Phylum Chordata. Here, the Class Agnotha came to existence. Some features of Agnotha are the presence of a cartilage skeleton, nine gill slits (turning into five gill slits in sharks, where the first four became the jaw), and fins. Sharks belong to the class Chondrichthyes-a more elaborated organism. Jaws derived from the first four gill slits, spiral valve, and productive fins. The fins are amongst the most important advancements made by the Fixed rigid rods support the fins. The sharks have five different types of fins. They have paired fins that lift the shark, as it is able to swim; paired pelvic fins, which stabilize the shark and letting it steer to reach its prey in a more effective manner; dorsal fins also further aide the shark in stabilization as well as the anal fin. For propelling, the shark uses the caudal fins. The caudal fins allow the shark to charge directly toward its The great white sharks size is inevitably recognizable, but it was actually even bigger, much bigger. It was called Carcharodon megalodon years ago. This creature is still believed by some to live down in the waters, where it would be almost impossible to reach shore because of its monstrous size. It is over forty feet long and believed to be able to eat a school bus whole! Of course, the g...

Summary essay Example | Topics and Well Written Essays - 750 words - 2

Summary - Essay Example In short, he says that Second World War was everything that war is: uncertain, costly, violent, and also an arena for the best and worst of the human behavior. In the first chapter, â€Å"myth making and the war†, Dr. Michael sets out the myth, as defined by government propaganda, Hollywood dramatization, advertisement agencies as well as those who took part and fought in the war. Adams described the war as America’s golden age, a point in life of society when everything worked out perfectly, and people got prosperous endings. The World War II era came to serve as a bygone age that America once was. The Americans believe that the Second World War proved one rule above all the others, i.e. It is usually better to fight than to talk (Adams, 4). The war myth is altered not much in what it mentions as in what it does not mention. This applies both to the war itself and also to the home front (Adams, 7). In the second chapter, â€Å"no easy answers,† starts the process of breaking down the myth and indicating that the circumstances that led up to the Second World War began way long before Versailles’ treaty, and the divisions of the war will last longer than the era that fought it. Michael puts down the frame of the complex economical, cultural and political histories of each nation that would become involved in the World War II and shows no point one decision would prevent the war from taking place. He further argues that no substantial effect could have happened in Europe as well as Asia; hence indeed there were no easy answers (Adams, 12). The third Chapter, â€Å"the war patterns, 1939-1945† puts down the way in which each country fought the war with new speeds and technologies and made possible by the remoteness of the enemies (Adams, 45). The forth chapter, â€Å"American war machine,† indicates how the tools and machines were made and sent into the battles. In this chapter, Adams demonstrates how the