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10IPT: Money Management

posted Jun 14, 2012, 6:54 PM by Eddie Woo
Today, we'll be focusing entirely on a single website. Sadly, it actually only offers its services to U.S. residents, but I think you will be able to learn enough about this system to see its massive relevance to the course.

Mint.com is an online personal finance management application. It allows users to automatically track their bank accounts and electronic transactions, and provides numerous features that help users to make informed decisions about their money.

Take some time to browse the website, then answer the following questions:
  1. Identify the purpose of the Mint.com information system.
  2. Explain specifically how the 7 information processes achieve this purpose.
  3. Identify the type of decision support system that is offered to end users, and justify your answer.
  4. Compare and contrast Mint with Lemon, "The wallet with a twist".
  5. Discuss emerging trends in technology with reference to this online service.
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