Management Information Systems Essay Example | Topics and Well Written Essays - 500 words - 1

Management Information Systems - Essay Example utes majority of trades on stock exchange, has experienced the rapid stock executions that are performed by the computers based on external input, such as related securitys price. The excessive number of executions led the system to the crash. Because of the crash in 1987, the Dow Jones Industrial Average (DJIA) crashed by five hundred and eight (508) points (approximately 22.61%). Whereas, The May 6, 2010 Flash Crash was a United States stock market crash in which the DJIA has fallen around thousand (1,000) points (approximately 9%). The Flash Crash of May 6, 2010, was not a mere technical hitch. Whereas, the Black Monday was the failure program trading, overvaluation, market psycology and illiquidity. The similarities between the two crashed are meaningful and significant. In both crashes, comparatively, there was s same response of deteriorating prices prompting more and more intense selling. However, the the system was up within minutes in the flash crash 2010, whereas, the Black Monday too much time to restore the system. But it can be stated that in the both crashes, the computer system was the main problem, however, both the crashes have their particular reasons as well. One of the main problems discussed in the case study is the poor performance of school system in America. In order to solve the problem, the data-driven information system was developed and deployed in the schools. However, it also opposed by the parents of the students by stating that the system is an unnecessary expenditure. Moreover, the parents and tutors also complained that the students spend more time on projects and creative tasks rather on course material. The teachers are enrolled in the system for their improvement, but this makes it difficult to dismiss the less effective teachers. Therefore, the system was also opposed by the teachers as they need to work hard (four hours weekly workload increased) to improve their results in the system. In general, it can be stated that any