MS-07 - Information Systems for Managers

 

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Management Programme

 

MS-07: Information Systems for Managers

 

Q1. Explain the difference between commercial software, shareware, open source software, freeware and public domain software.

Ans. Shareware software is distributed at low (or sometimes no) cost, but usually requires payment and registration for full legal use. Copies are distributed on a trial basis. You are free to test the software, see if it matches your needs, and decide whether it's a good value. Order forms or advertisements included in the program or on the distribution disk usually tell you how to register the program and what fee is required.

Open source software is the computer software developed either by an individual, group or an organization to meet certain requirements and it is available for any modifications based on its developing body’s interest.

 

Q2. What are various ways of assessing the value of information? Explain each method briefly?

Ans.

 

Q3. Computers are often referred to as ‘number crunchers’. Evaluate the statement in the context of financial planning.

Ans.

 

Q4. In which phase of system life cycle the following are performed? Defining the problem, identifying its causes, specifying the solution, and identifying the information requirements.

Ans.

 

 

Q5. In the context of a data warehouse:

(a) What is a concept hierarchy?

(b) What do you mean by factual information?

(c) What is a snowflake schema?

 

 

 

 

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