MB0047- MANAGEMENT INFORMATION SYSTEM

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ASSIGNMENT

DRIVE	FALL 2015
PROGRAM	MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SUBJECT CODE & NAME	MB0047- MANAGEMENT INFORMATION SYSTEM
BK ID	B1630
SEMESTER	2
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.  In the current e-world any organisation’s massive operations are managed by various types ofinformation systems that help them to achieve their goals of servicing their clients. This can be done by the growth of modern organization. Discuss some of the essential features of modernorganisation.

Answer: Modern organization design draws on ideas from many fields to make communication more dynamic and blend individual and organizational solutions together into a cohesive whole. New designs focus on adaptability. They rely highly on employee involvement, distribute authority based on skill and have fewer rules and boundaries, resulting in a more organic structure.

A Listing the features

Matrix structures take the basic structure of function organi

Q. 2. Marketing managers are keener to look for a least cost route that also allow a sales person tomeet all his customers. Identifying a least cost route with this features is slightly complicated.Therefore, managers depend on decision support tools to find the most cost effective routes tocover the market. The travelling salesman problem is one of such tool. Describe the tool with adiagram.

Answer: A problem in graph theory requiring the most efficient (i.e., least total distance) Hamiltonian cycle a salesman can take through each of n cities. No general method of solution is known, and the problem is NP-hard. Solution to the traveling salesman problem is implemented as Traveling Salesman in the Mathematica package Combinatorica` and Find Shortest Tour[v1, v2, ...].

Q. 3. There are many examples of digital goods. Companies such as Amazon.com are selling digitalversions of books over their site. These digital books can be read on special readers that displaythe pages on a screen.

Answer:A. Listing the properties

·         Relevant: The information obtained and used should be needed for decision-making. it doesn't matter how interesting it is. Businesses are often criticised for producing too much information simply because their information systems can "do it".

·         Up-to-date: Information needs to be timely if it is to be actioned. For example, the manager of a large retail business needs daily information on how stores are performing, which products are selling well (or not) so that immediate action can be taken.

·         Accurate: As far as possible, information should be free from errors (e.g. the figures add up; data is allocated to the correct categories). The users of information should be informed whenever assumptions or estimates have been

·          

Q. 4. Decision support systems (DSS) are used extensively across organisations to assist managerswith making decisions. Decision making by managers involves the phases of intelligence, design,and choice, and DSS help mainly with the choice part as they support structured andunstructured types of decisions.

a. What is it that managers do when they make decisions?

b. Explain the different types of decisions

Answer: A. Explaining decision making process

Managers are required to make hard decisions that support a company's short and long-term goals. Management decisions are usually made after employees' proposals and preferences have been heard. They must be made with a team, department or company in mind. The best management decisions are made with evidence, examination and input from other leaders. However, managers must keep a balance between receiving input and being decisive. Be prepared to make difficult decisions and review them for accuracy in the future. Learn how to make management decisions.

·         Define your problem. Write down the situation

·          

b. List and describing the different types of decisions

A business continually makes decisions at all levels. Think of a retailer such as Next. To keep the brand’s high profile position, its managers have to make many decisions. Each major strategic decision leads to tactical decisions, which break down into operational decisions.

Decisions are broadly taken at three levels:

·         Strategic decisions are big choices of identity and direction. Who are we? Where are we heading? These decisions are often complex and multi-dimensional. They may involve large sums of money, have a long-term impact and are usually taken by senior management.

·         Tactical decisions are about how to manage

Q. 5. What is crowdsourcing? How does the site Galaxy Zoo manage crowdsourcing?

Answer: A Crowdsourcing definition

Crowdsourcing is the process of getting work or funding, usually online, from a crowd of people. The word is a combination of the words 'crowd' and 'outsourcing'. The idea is to take work and outsource it to a crowd of workers.

Famous Example: Wikipedia. Instead of Wikipedia creating an encyclopedia on their own, hiring writers and editors, they gave a crowd the ability to create the information on their own. The result? The most comprehensive encyclopedia this world has ever seen.

Q. 6 Data and information relating to individuals could be of sensitive nature. Give some examplesof such kind of data

Answer: ‘Sensitive information’ is a sub-set of personal information and is given a higher level of protection under the NPPs. The IPPs do not refer to sensitive information and agencies are required to handle all information, including sensitive information, in accordance with the IPPs. The principles recommended for handling sensitive information, and their extension to agencies, are discussed further in Chapter 22.‘Sensitive information’ is defined in the Privacy Act to mean information or an opinion about an individual’s:

·         racial or ethnic origin;

·         political opinions;

·         membership of a political association;

·         religious beliefs or affiliations;

·         philosophical beliefs;

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