BBA205- MANAGEMENT INFORMATION SYSTEM

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ASSIGNMENT

 

DRIVE FALL FALL 2014
PROGRAM BBA
SUBJECT CODE & NAME BBA205- MANAGEMENT INFORMATION SYSTEM
SEMESTER 2
BK ID B1522
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

  1. Define MIS. Describe the characteristics and functions of MIS.

Answer : Meaning of MIS :

 

A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively. Management information systems are typically computer systems used for managing. The five primary

 

  1. What do you mean by ERP? Describe the situations before and after the existence of ERP. Explain the challenges involved in ERP

Answer :

 

  1. Explain the applications and systems used in E-communication.

Answer : : Application and systems used in E-communication:

 

The term electronic communication is defined as passing of information from one individual to another using computers, fax and phones. A good example of a form of electronic communication is the use of email. As technology progresses, new communications are born and old ones–many of which seemed new not so long ago–fade away. When

 

 

 

  1. There is an information explosion in today’s society. There are lot of advantages of DBMS like proper maintenance of the data and maintaining security. Explain the process of data transition using diagram and an example of your own.

 

Answer : DFD provides an overview of the data entering and leaving the system. It also shows the entities that are providing or receiving that data. These correspond usually to the people that are using the system we will develop. The context diagram helps to define our system boundary to show what is included in, and what is excluded from, our system.

The diagram consists of a rectangle representing

 

 

 

  1. There are two investment plans in the market whose details are given below based on which you need to decide which investment plan you need to select. Suggest which investment plan you prefer and why?

 

 

 

 

 

 

 

 

 

 

Particulars Part A Part B
Investment in Rs.

Million

 3 2.7
Savings/ gain per year in Rs. Million 1.0 0.75
No. of years savings or gain would occur 5 5
Discount Rate 12% 12%

 

Ans :  Formulae :

In above investment analysis, the Net Present Value (NPV) is calculated and compared with all the investment alternatives.

 

NPV = (PV of further Cash flow) – Investment = PV – I

 

The formula used for the present value PV is:

 

 

 

  1. Write short notes on the following :

 

  1. a) Transaction Processing System (TPS)

 

Answer : Concept of Transaction Processing System:

 

A transaction process system (TPS) is an information processing system for business transactions involving the collection, modification and retrieval of all transaction data. Characteristics of a TPS include performance, reliability and consistency. TPS is also known as transaction processing or real-time processing.

A transaction process system and transaction processing are often contrasted with a batch process system and batch processing, where many

 

  1. b) Knowledge Based System (KBS)

Answer : Concept of Knowledge Based System:

 

A Knowledge-based system (KBS) is a computer program that reasons and uses a knowledge base to solve complex problems. The term is broad and is used to refer to many different kinds of systems. The one common theme that unites all knowledge based systems is an attempt to represent knowledge explicitly via tools such as ontologies and rules rather than implicitly via code the way a conventional computer program does. A knowledge based system has at least one and usually two types of sub-systems: a knowledge base and an inference engine. The knowledge base represents facts about the world, often in some form of subsumption ontology. The inference engine represents logical assertions and conditions about the world, usually represented via IF-THEN rules.[1]

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