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NIBM GLOBAL
FOURTH SEMESTER MBA
Subject : Information Technology
Attend any 4 questions. Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)
Question. 1. How is information conveyed? Explain.
Answer : Defining Information: Information is defined as a fact or series of facts that carry meaning. Text, numbers, image, audio and video are forms of information. The value of information varies depending on the content. For example if you were asked to describe a person, an image of that person will have more value than describing him in text, thus they say “an image worth thousands words”
Defining Information Technology: Information Technologies are systems of hardware and/or software that capture, process,
Question. 2. How does Information technology, extends far beyond the computational capabilities of computers.
Answer :
Question. 3. What advantages does the Internet provide for a company? Explain.
Answer : The invention and popularization of the internet has introduced a massive wave of changes to business, and in the way the world does business. In fact, the internet made the global marketplace more accessible via immediate connections and lines of communication. Although the benefits of internet businesses delivered loads of new advantages for businesses, the internet also created disadvantages for some business
Question. 4. Explain the different stages in the Decision-Making Process.
Answer : Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. This approach increases the chances that you will choose the most satisfying alternative possible.
Step 1: Identify the decision
Question. 5. What role does information technology have in managing a global business? Explain.
Answer : Information technology is defined as the applications of computers and telecommunications that help the individual or business to keep and change the important data. It is also including the hardware and software that is used to do all of the daily work in the business and daily life. Information technology is important to business because it can help the business to increase their revenues and improve their performance to ensure that they can sustain in future and achieve the goal that have been fixed in the business.
Question. 6. Information technology is an important tool in making this transformation and in designing the international organization. Explain.
Answer :
25 x 4=100 marks
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