IIBM Institute of Business Management Examination Paper MANAGEMENT INFORMATION SYSTEMS SECTION A PART 1 ANSWERS 1- B‚ Information. 2- B‚ Relevance. 3- D‚ Development of employees to their full potential. 4- B‚ Inventory control. 5- A‚ Executive Information System. 6- B‚ Who are members of the same company or organization. 7- D‚ Telegram. 8- A‚ Online Transactional Processing. 9- D‚ Common operation. 10- B‚ Activity Control. PART 2 ANSWERS 1. Key features of the Strategic
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Key Questions 1. Comparing to other fashion retail companies‚ what is ZARA’s competitive strategy? • Speedy response to consumer needs Zara guarantees that its stores are able to carry clothes that the consumers want at that time. Zara can move from identifying a trend to having clothes in its stores within 30 days. That means that Zara can quickly identify and catch a winning fashion trend than other competitors. . ‘Fast fashion’‚ it brings customers in to stores to see what is new‚ what
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THE INFORMATION SYSTEMS FUNCTION IN BUSINESS We’ve seen that businesses need information systems to operate today and that they use many different kinds of systems. But who is responsible for running these systems? Who is responsible for making sure the hardware‚ software‚ and other technologies used by these systems are running properly and are up to date? End users manage their systems from a business standpoint‚ but manag-ing the technology requires a special information systems function. In
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two benefits of using enterprise system? It helps facilitate decision making and involves organizational business process in all areas of the business. These are in sales‚ production‚ finance‚ and human resources to name just a few. These are integrated into a single software system so that the information can flow efficiency through electronic collaboration among many employees and top level managemet. These systems also help the organization create a uniform process and helps measure their work
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be developed as part of accounting system. The main object of management information is to obtain the required information about the operating results of an organization regularly in order to use them for future planning and control. CONCEPT OF MIS DEF: “A system of people‚ equipment‚ procedures‚ documents and communications that collects‚ validates‚ operates on transformers‚ stores‚ retrieves‚ and present data for use in planning‚ budgeting‚ accounting‚ controlling and other management
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Project Report on Information System of Axis Bank (Project report submitted in partial fulfillment of the requirements for the MBA Program) Submitted by: -MAN MOHAN SINGH(0341233908) Submitted to:- Ms. Bharti Taneja Delhi Institute of Advanced Studies (Affiliated to GGSIP University‚ Delhi) Plot No.6‚ Sector-25‚ Rohini‚ Delhi-110085. ORGANISATION INTRODUCTION: Axis Bank‚ previously called UTI Bank‚ was the first of the new private banks to have begun operations in 1994‚ after the Government
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Literature Review: Literature portrays logistics and MIS practices from a variety of different perspectives with a common goal of ultimately improving performance and competitiveness. 1. Analysis of financial and MIS excellence of BRAC Bank Joydeep Sinha Roy‚ BRAC university 2. Course teacher instructions and lectures over the semesters. 3. Course book entitled Management Information Systems ( Managing the digital firm) written by Laudon and Laudon. While there is plenty of published
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(Stevenson 2009‚ P 239). This method helps with quantity management because Lew mark only makes cookies according to demand. What are two ways that the company has increased productivity? Why did increasing the length of the ovens result in a faster output? One obvious way the company is increasing productivity is that it only makes cookies according to the demand. What ever order it receives from its distributor is what is made in the factory. This ensures that productivity is centered on the
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St. Joan of Arc is not only widely known all over the world for her trust in God‚ but for her outrageous bravery. In this heroic story of Saint Joan of Arc‚ everyone will be inspired for the courage of this young lady‚ who laid her life down for her faith‚ and for her country. Born to devout Catholic parents Jacques d’Arc and Isabelle Romee‚ St. Joan of Arc was born on January 6‚ 1412 in the small village of Doremy‚ France. She was one of five children which lived on a fifty acre farm which was
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Africana Studies 305 Critical Analysis Summary Form Date: February 15‚2010 In-Class Exercise No: Course: AFS 200-01 Author and Title of Reading or Chapter #: The Mis-Education of the Negro by Carter G. Woodson List and Define Important Terms. mis-educated - taught inferiority & the education afforded to blacks was far inferior segregation - to separate or isolate propaganda - information given that helps or harms a particular group or instutition economic basement - the lowest financial
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