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-I/2015
Coverage                                                                             :               All Blocks
Note: Attempt all questions and submit this assignment on or before 30th April, 2015 to the coordinator of your study centre.

Q. 1. Define the Internet, Intranet, and e-commerce. Write a note on e-commerce. What are the advantages of e-commerce over conventional business?
Answer:Internet:The most widely used part of the Internet is the World Wide Web (often abbreviated "WWW" or called "the Web"). Its outstanding feature is hypertext, a method of instant cross-referencing. In most Web sites, certain words or phrases appear in text of a different color than the rest; often this text is also underlined. When you select one of these words or phrases, you will be transferred to the site or page that is relevant to this word or phrase. Sometimes there are buttons, images, or portions of images that are "clickable." If you move




Q. 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: Information is a critical resource in the operation and management of organizations. Timely availability of relevant information is vital for effective performance of managerial functions such as planning, organizing, leading, and control. An information system in an organization is like the nervous system in the human body: it is the link that connects all the organization's components together and provides for better operation and survival in a


Q. 3. Indentify the role of transaction processing system in the development information system. Suggest few modules, you would like to add to improve the Marketing Information System.
Answer: There are two ways to process transactions: using batches and in real time. In a batch processing system, transactions are accumulated over a period of time and processed as a single unit, or batch. For example, a store may update its sales records every day after the store closes. Or a payroll system may process all the time cards every two weeks to determine employee earnings and produce paychecks. Whatever the time period in a batch system, there is some time delay between the actual event and the processing of the transaction to



Q. 4.What are the three major areas of feasibility, which are addressed in system analysis? Which of the design lays out the components of the system and their relationship to each other, as they would appear to users?
Answer: The feasibility study is an evaluation and analysis of the potential of a proposed project. It is based on extensive investigation and research to support the process of decision making.A well-conducted feasibility study provides a sense of the likelihood of success and of the expected cost of solving the problem, and gives management a basis for making resource allocation decisions. In many organizations, the feasibility study reports for all pending projects are submitted to a steering committee where some are rejected and others




Q. 5.Define Artificial Intelligence and mention some of its current applications. What are artificial neural networks? Discuss their business applications.

Answer: Over the past few years, you might have come across the term artificial intelligence and have imagined it to be a vivid personification of extraterrestrial beings or robots. But, what is artificial intelligence in fact? In this section, we will explore the meaning and semantics of the term artificial intelligence. Artificial intelligence is the search for a
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