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Information Technology and Investment Banking

those companies which implement them.

Current Operational Information Systems

Information technology has traditionally been the domain of a company's management information system (MIS) department. Companies based decisions to implement such applications on demonstrated cost savings or avoidances and the availability of MIS resources (both system resources and labor resources for development and support). The advent of personal computers has strengthened the argument for implementing a database application because it greatly relieves the burden on the MIS department (Royal, 1995, p. 67).

Using a PC, many individuals are now capable of creating a data maintenance screen and reports and developing a relatively sophisticated application. The PC revolution has given individuals access to immediate results, autonomy and ingenuity that come from direct interaction with computer applications. When database applications were created exclusively by the MIS department, integrity and access control were managed by people who w

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Information Technology and Investment Banking. (1969, December 31). In LotsofEssays.com. Retrieved 08:03, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1696406.html