for mid-term examination Chapter 1: 1- List and describe four reasons why information systems are so important for business today? Answer: - Capital Management - Foundation of doing business - Productivity - Strategic opportunity and advantage 2- Describe five technology and business trends that have enhanced the role of information systems in today’s competitive business environment: Answer: (chapter 1: page 8) - Internet
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transparency (Laudon & Laudon‚ 2012‚ p.36). Having a smart grid will help the energy company gather data much quicker and easily than before. Before the smart grids the company had to send their employees to get data from the meters‚ make sure all is working correctly and if not get it fixed. Also‚ the smart grids will allow consumers to manage their electricity online which in turn will reduce energy consumption by 5 to 15% overall. With any new device on the market management issues will arise
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1 It encourages decentralization .................................................................Page 16 6.1.2 It facilitates planning and control ............................................................Page 16 6.1.3 It minimized information overload ..........................................................Page 16 6.1.4 It brings coordination to Dell company....................................................Page 17 6.1.5 It make the company to know their problem internally
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Repeatable c. Defend d. Optimizing (Answer a. Initial) 2) What is the organizational role most responsible for the analysis and design of info systems? a. System Analyst b. Quant Developer c. Technical Support Associate d. The Best Buy Geek Squad (Answer a. System Analyst) 3) What is software that is designed to process data for users in an organization? a. Application Software b. Keyboard c. Wifi
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Chapter 1 – Case Study Case One- Shroff International Travel Care 1) Tour the www.airlinecenter.info website. Who do you think this website is primarily designed to assist local customers or global customers? A) I believe that www.airlinecenter.info website is designed to assist the local customers more so then the global market. The reasons being is that most of the options like the airfare‚ tour packages and hotels are designed for people in or near the Philippines. For example
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MTM- 4: INFORMATION MANAGEMENT SYSTEM AND TOURISM (TUTOR MARKED ASSIGNMENT) Course Code: MTM-4 Total Marks: 100 Assignment Code: MTM-4/TMA/2013 Note: This TMA consists of two parts. PART – I 1) Explain with the help of suitable examples the co-relation between Data‚ Information. (25) Information Information consists of fact and terms of knowledge. It can be anything that has meaning to people. Usually information is expressed in words and numbers
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What is MIS? The system concept of MIS is one of optimizing the output of the organisation by connecting the operating subsystems through the medium of information exchange. * The MIS is defined as a system which provides information support for decision-making in the organization. * The MIS is defined as an integrated system of man and machine for providing the information to support the operations‚ the management and the decision-making function in the organization.
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"Management information system is essential for creating competitive firms‚ managing global corporations‚ and providing useful products and services to customers." (Laudon‚ 2002‚P1) It provides information figure of reports and displays to managers. For example‚ sales managers may use their computer workstations to get sales results of their products and to access weekly sales analysis reports‚ and then evaluate sales made by each salesperson. "Management information systems arose in the 1970s to
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The aim of an information management strategy is to: A. Gain value from information resources. B. None of the above. C. Improve the quality of information resources. D. Protect information resources. E. Assign appropriate responsibilities for information resources. An information policy is typically aimed at improving: A. The utilization of data storage on servers. B. A culture of knowledge sharing. C. Errors from poor quality information. D. Opportunities from
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