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ASSIGNMENT
| DRIVE FALL | 2013 |
| 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.
Q.1 a. Define ERP. Explain the terminology related to ERP.
b. How ERP evolved in a system?
Ans : a. ERP :
ERP is short for enterprise resource planning. Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate back office functions. ERP software integrates all facets of an operation, including product planning, development, manufacturing processes, sales and marketing. ERP provides an integrated real-time view of core business processes, using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll.
Terminology related to ERP:
Q.2 a. Compare between conventional organization system and E-enterprise.
b. List the different business models and one example each.
Ans : a. Comparing both the types of organisation :
Conventional Organization :
1. It is having top heavy organization structure
2. It is having all the work & work place location at one place location
3. It is having Manual & document-based work flows
4. Due to manual system , it has High administrative & management overheads
5. It has Inflexible, rigid and longer business process cycles
6. Private business process systems for self use. They are barred for usage to customers, vendors and business partners
7. It emphasis on Low usage of technology
Q.3 Explore the relationship between Artificial intelligence and Neural networks.
Ans :
AI :
Artificial Intelligence is the science and technology based on various functions to develop a system that can think and work like a human being. It can reason, analyze, learn, conclude and solve problems. The systems which use this type of
Q.4. 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
Q. 5. a. Explain Management Science models in detail.
b. Estimate the completion time of each activity whose optimistic time estimate is 5 seconds and the pessimistic time estimate are 20 seconds. The most likely time estimate is 9 seconds.
Ans : a. Management Science models :
These models are developed on the principles of business management, accounting and econometrics. In many areas of management, the proven methods of management control are available which can be used for the management decision. There are also several management systems, which can be converted into the Decision Support System models.
Some of these models can be used straight away in the design of the Decision Support System. While some others require the use of management principles and practices, most of the procedure based decision-making models belong to this category. One can develop a model for selection of vendor for procurement of an item, based on the complex logical
Q.6. a. Compare between file processing system and DBMS
b. Explain the relationship between data, information and its structure.
Ans : a. Comparing the two systems :
1. A database management system coordinates both the physical and the logical access to the data, whereas a file-processing system coordinates only the physical access.
2. A database management system reduces the amount of data duplication by ensuring that a physical piece of data is available to all programs authorized to have access to it, whereas data written by one program in a file-processing system may not be
b. Describing the relationship with the diagram :
The relationship between data and information is an interconnected one. Data is raw facts such as phone numbers or addresses, and information is the organization of these raw facts into a meaningful manner.
The information may be well organized on a report or table and yet not always be meaningful to all people. There are different ways to arrange data to
Dear students get fully solved assignments
call us at : 08263069601 , or
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
(E-mail conversation is better . Don’t call again & again)