ISM assignment
By -sakshi verma
1. What is recurring and non recurring information? Can recurring information be
middle level information. Yes or No. Give the reason for it.
Ans. Recurring Information: The Information that is generated at regular
information. For Example:-The monthly Sales reports, Account statements.
Non-Recurring Information: Non Repetitive in nature. For Example: The financial
analysis or the report on the market research.
Yes, recurring information be middle level information because recurring information is
repetitive in nature and done by middle level manager.
2. What role do the middle managers perform and how IT systems can help them
doing the same.
Ans. Role Do The Middle Managers:
Sales management
Sales region analysis
Inventory control
Production scheduling
Annual budgeting
Profitability analysis
Relocation cost control
Contract cost analysis
IT systems can help by providing Management information system (MIS)
And Decision Support System (DSS).
3. What are the 3 important elements of a system?
Ans. Important Elements Of A System:
• Input: Input is what data the system receives to produce a certain output.
• Output: What goes out from the system after being processed is known as
Output.
• Processing: The process involved to transform input into output is known as
Processing.
4. If 2 systems need to talk or share data (interact) which element will help in the
interaction of both systems
Ans. If 2 systems need to talk or share data (interact) interfaces element of system
will help in the interaction of both systems
Interfaces: The interconnections and the interactions between the sub-systems is
known as the Interfaces. They may be inputs and outputs of the systems.
5. What system element will help in the improvement of the overall process
Ans. Feedback element of system will help in the improvement of the overall process
6. Can a closed system be deterministic or probabilistic? Yes or No. Pls. specify the
reason.
Ans. A closed system is deterministic as the system that works in a complete
isolation from the environment , then the system does not leave any exchange with
environment nor it is influenced by any environmental change , such a system is
known as closed system .
g Cash, Stocks etc
Also a system is called deterministic when the inputs , the process and the outputs
are known with certainity, The accounting system is deterministic .
7. What is the use of ERP in the organization
Ans. Enterprise Resource Planning (ERP)
Uses Of ERP In The Organization:
Business integration and automated data update
Linkage between all core business processes and easy flow of integration
Flexibility in business operations and more agility to the company
Better analysis and planning capabilities
Critical decision-making
Competitive advantage
Use of latest technologies
8. What is the application generally used by organization that will help me to
manage leads and marketing needs
Ans. Content Management System (CMS) allows publishing, editing, and modifying
content as well as its maintenance by combining rules, processes and/or workflows,
from a central interface, in a collaborative environment.
9. Expand BI. What is the use of BI in organization?
Ans. The term 'Business Intelligence' has evolved from the decision support systems
and gained strength with the technology and applications like data warehouses,
Executive Information Systems and Online Analytical Processing (OLAP).
Uses Of BI In Organization:
Improved Management Processes.
Planning, controlling, measuring and/or applying changes that results in
increased revenues and reduced costs.
Improved business operations.
Fraud detection, order processing, purchasing that results in increased
revenues and reduced costs.
Intelligent prediction of future.
10. Full form of EAI ________________ and use?
Ans. EAI (Enterprise Application Integration)
Uses of EAI:
Unrestricted sharing of data and business processes across an organization.
Linkage between customers, suppliers and regulators.
The linking of data, business processes and applications to automate business
processes.
