MovieFlix Management Information System and Technology Discussion

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PnaqlX

Business Finance

Description

The owners of MovieFlix realize that they need to modernize their information management systems in order to make their processes run more smoothly and to solve some of their business problems.

  • In 2-3 pages, discuss a technology system that you suggest for the company.
    • Include why you selected that particular database or information system and how it will help improve MovieFlix's processes.
    • Discuss the potential costs of the system to the organization and how the system will help the company to increase their revenue.
  • Remember to use credible sources. Make sure to write your paper utilizing proper APA formatting guidelines, and to include an APA formatted title page. Use NoodleBib to document your sources and to complete your APA formatted reference page and in-text citations.

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Explanation & Answer

Attached.

Running head: INFORMATION MANAGEMENT SYSTEM

Information Management System
Name of student:
Institute of Affiliation:
Date:

1

INFORMATION MANAGEMENT SYSTEM

2

Information Management System
Information management is an essential component of any kind of business because data
and information form the main pillars of success for any business. A business only survives
when it has something to refer back on especially in times of challenges that seem to be
recurring. Everyone particularly in the movie industry looks for a software with the highest
processing power and high storage. This paper aims at recommending OpusCapita, a component
of Product Information Management (PIM) for MovieFlix.
Product Information Management Software
To begin with, PIM plays an important role especially in the centralization of important
information into a specific location, which makes it possible to have a full, precise and timely
exposure of both the information and product stored by the software. The sophistication facing
the movie industry right from sound recording to cameras demands better information
management systems because currently filmmakers face limited restrictions towards performing
certain functions because of the tools they have (Noe et al., 2017). OpusCapita management
system helps control the problem of less time for production and the increased cost of
production. It is ...


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