MS - 07 Information Systems for Managers

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ASSIGNMENT

Course Code                      :               MS - 07

Course Title                       :               Information Systems for Managers

Assignment Code            :               MS-07/TMA/SEM - II/2013

Coverage                             :               All Blocks

Note : Attempt all the questions and submit this assignment on or before 31st October, 2013 to   the coordinator of your study centre.

               

1.            Describe the main components of a network including hardware & software and various types of networks. Distinguish between LAN & WAN and distinguish between Internet and Intranet.

Answer :  Networking hardware may also be known as network equipment, computer networking devices. Units which are the last receiver or generate data are called hosts or data terminal equipment.

All these terms refer to devices facilitating the use of a computer network. Specifically, they mediate data in a computer network

The first assignment in understanding how to build a computer network is defining what a network is and understanding how it is used to help a business

2.            Discuss why management needs information. Is it possible for the management of an organization to make effective decisions without the aid of an information system? Discuss.

Answer : Companies need information and information management systems as they are important for various functions such as planning. The information systems help in storing information such as customer data and financial data and this makes the access easier. They also help in saving costs when well developed and can also help in highlighting the strengths and weaknesses of a company. The system can also act as a communication tool and can help in prediction of sales and revenues.

Decision-making is a crucial part of good business.

3.            What are integrated software applications? Talk about their advantages and business utility. Write notes on the business software solutions provided by:

Answer : in integrating a computers various capabilities, but typically does not directly apply them in the performance of tasks that benefit the user....the software which r used for performing applicationwell, my friends have given some nice defn but from my side its...Application software is a subclass of computer software that employs the capabilities of a computer directly and thoroughly to a task.

DEFINITION OF AND REASONS TO USE INTEGRATED SOFTWARE

Integrated software is a single program that

a) SAP

Answer : SAP Business One operations, financials and human resources. The application has over 30,000 customers.[1]

The product is sold, implemented, and supported through a global network of local resellers. The rough cost of a B1 license is around 1000 to 2500 euros - varying from country to country.

Their vision was to develop standard 

b) PeopleSoft

Answer : "PeopleSoft is an integrated software package that provides a wide variety of business applications to assist in the day-to-day execution and operation of business processes. Each individual application, such as Financials, Customer Relationship Management and Human Resources, interacts with others to offer an effective and efficient means of working and reporting in an integrated fashion across the enterprise"

We needed to supplement our existing knowledge with somebody who understands PeopleSoft. The fact that AT&T is an Oracle Platinum

c) Oracle

Answer : Business Solutions

Oracle helps customers implement best-in-class solutions for operational excellence, business analytics, and risk compliancemanagement. Our deep portfolio of business solutions address a range of customer needs, including social relationship management, customer relationship management,procurement, and supply chain management.

Oracle offers a broad portfolio of

d) Microsoft

Answer : Microsoft is well known for products like Windows and Microsoft Office, but for organisations looking for Microsoft business solutions, Microsoft has developed a single product line called Microsoft Dynamics, which replaces the former Microsoft Business Solutions line.

4.            What are the different phases of traditional system life cycle? 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.

Answer : The systems development life cycle (SDLC), or software development process, or Software Development Life Cycle in systems engineering, information systems and software engineering, is a process of creating or altering information systems, and the models and methodologies that people use to develop these systems.

5.            It is said,” Information and communication are most of the time complementary and sometimes supplementary to each other”. Elaborate!. What do you understand by competitiveness of ICT? Highlight the impact of ICT for the developing nations with respect to the economic activities.

Answer : Information and communication are the two basic needs of modern world, whichcannot be compared among them for establishing any importance of one over other,may it be a personal life or business. In fact these two are

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