Saturday 3 August 2013

MB0047-Management Information System


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Summer-2013
Master of Business Administration- MBA Semester 4
MB0047-Management Information System-4 Credits
(Book ID: 1630)
Assignment (60 Marks)
Note: Answer all questions (with 300 to 400 words each) must be written within 6-8 pages. Each Question carries 10 marks 6 X 10=60
Q1. Explain DFD & Data Dictionary? Explain in detail how the information requirement is determined for an organization?
Answer. DFD
Data flow diagrams represent the logical flow of data within the system. DFD do not explain how the processes convert the input data into output. They do not explain how the processing takes place.
A number of guidelines should be used in constructing DFD.
• Choose meaningful names for the symbols on the diagram.
• Number the processes consistently. The numbers do not imply the sequence.

Q2. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS?
Answer. The industrial revolution has slowly replaced man power with machines. There emerged the use of computer for data processing. The digital computer was mainly designed to handle scientific calculations. During 1940 to 1960 computers were used commercially for census and payroll work which involved large amount of data processing. Since then the commercial application exceeded the scientific applications.
Computer Based Information systems are of vital importance in modern organization. Systems professionals analyze, design, develop, implement and manage state-of-the-art telecommunications, multi-media and other computer-based information systems.

Q3. Explain Knowledge based system? Explain DSS and OLAP with example?
Answer. KBS are the systems based on knowledge base. Knowledge base is the database maintained for knowledge management which provides the means of data collections, organization and retrieval of knowledge. The knowledge management manages the domain where it creates and enables organization for adoption of insights and experiences.

Q4. What are Value Chain Analysis & describe its significance in MIS? Explain what is meant by BPR? What is its significance? How Data warehousing & Data Mining is useful in terms of MIS?
Answer. Product Differentiation and Value Chain
Product differentiation is the degree to which buyers perceive products from alternative suppliers to be different. It is expressed by economic theory, the degree to which buyers perceive imperfections in product substitutability. The buyers of differentiated products may have to pay a price when satisfying their preference for something special, in return for greater added-value. The connection between the producer and buyers may be reinforced, at least to the level of customer loyalty, and perhaps to the point of establishing a partnership between them.

Q5. Distinguish between closed decision making system & open decision making system? What is ‘what – if‘analysis? Why is more time spend in problem analysis & problem definition as compared to the time spends on decision analysis?
Answer. The decision-making systems can be classified in a number of ways. There are two types of systems based on the manager’s knowledge about the environment. If the manager operates in a known environment then it is a closed decision-making system. The conditions of the closed decision-making system are:
a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.

Q6. What is ERP? Explain its existence before and its future after? What are the advantages & Disadvantages of ERP? What is Artificial Intelligence? How is it different from Neural Networks?
 Answer. Enterprise resource planning (ERP) is business management software that allows an organization to use a system of integrated applications to manage the business. ERP software integrates all facets of an operation, including product planning, development, manufacturing processes, sales and marketing.
As a researcher, we have done extensive studies on ERP in the Small and Medium Enterprise (SME) space, including our latest benchmark report; ERP in SME 2011, September, 2011.  In that report, we found that over 70% of manufacturing companies are already using some form ERP.  The majority of companies are using it for managing finances and budgets.  But a large number also use it for planning and supply chain business processes.  In fact, even small users are driving ERP further into their organizations. 
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