FALL-2015
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Master of
Business Administration - MBA Semester 3
ML0013-Retail
IT Management
(Book ID:
B1764)
Assignment (60 Marks)
Note: Answer
all questions must be written within 300 to 400 words each. Each Question carries
10 marks 6 X 10=60
Q1. Elaborate the advantages and
disadvantages of online retailing.
Answer. Advantages of online retail:
Easy access to market - in many ways the access to market
for entrepreneurs has never been easier. Online marketplaces such as eBay and
Amazon allow anyone to set up a simple online shop and sell products within
minutes - see selling through online marketplaces.
Reduced overheads -
selling online can remove the need for expensive retail premises and
customer-facing staff, allowing you to invest in better marketing and customer
experience on your e-commerce site.
Q2. Briefly explain different types
of information systems.
Answer. Types of information system:
The
"classic" view of Information systems found in the textbooks in the
1980s was of a pyramid of systems that reflected the hierarchy of the
organization, usually transaction processing systems at the bottom of the
pyramid, followed by management information systems, decision support systems,
and ending with executive information systems at the top. Although the pyramid
model remains useful, since it was first formulated a number of new
technologies have been developed and
Q3. Explain Strategic Information
system (SIS) in detail.
Answer. Strategic Information system:
Strategic
information systems (SIS) are information systems that are developed in
response to corporate business initiative. They are intended to give
competitive advantage to the organization. They may deliver a product or
service that is at a lower cost, that is differentiated, that focuses on a
particular market segment, or is innovative.
Q4. “Information systems are prone to
various threats”. What are the possible threats to information security?
Explain in detail.
Answer. "The start of a new year is a
great time for companies to evaluate their information security practices and
begin thinking about what threats they'll be facing in the coming year,"
said Kevin Prince, CTO, Perimeter E-Security. "As these security threats
are becoming more serious and difficult to detect, it is vital for companies to
understand what they can do to best protect their systems and information.
Top information
security threats:
1. Malware:
Q5. Describe the standards of The
Association for Retail Technology Standards.
Answer. The Association for Retail Technology
Standards (ARTS) is an internationally reaching standards organization
dedicated to reducing the costs of technology through standards. Since 1993,
ARTS has been delivering application standards exclusively to the retail
industry. ARTS has four standards: The Standard Relational Data Model,
UnifiedPOS, ARTS XML and the Standard RFPs. It is a division of the National
Retail Federation. These standards enable the rapid implementation of
FALL-2015
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Q6. Write short notes on:
a) Barcode Technology
b) Radio Frequency Identification
Technology (RFID)
Answer. a. Barcode Technology:
A barcode is
an optical machine-readable representation of data relating to the object to
which it is attached. Originally barcodes systematically represented data by
varying the widths and spacings of parallel lines, and may be referred to as
linear or one-dimensional (1D). Later they evolved into rectangles, dots,
hexagons and other geometric patterns in two dimensions (2D). Although 2D
systems use a variety of symbols, they are generally referred to as barcodes as
well. Barcodes
FALL-2015
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assignments at nominal price of Rs.125 each.
Any issues
mail us at: subjects4u@gmail.com or contact at
08894344452
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