DCM7106 MANAGEMENT INFORMATION SYSTEM

Description

SESSION	March- March 2024
PROGRAM	master of commerce (M com)
SEMESTER	3
course CODE & NAME	DCM7106 _Management Information system
CREDITS	4
nUMBER OF ASSIGNMENTS & Marks	02 30 Marks each

 

Set – 1^st

1. What are the basic features of a modern organization?

Ans: Modern organizations are characterized by a range of features that reflect advancements in technology, changes in organizational structure, and evolving management practices.

Here are some of the basic features of a modern organization: 

1. Flat Organizational Structure Description: Fewer hierarchical levels between staff and management.

Features:

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2. What do you understand by decision-making with communication technology?

Ans: Decision-making with communication technology involves using various digital tools and platforms to enhance the process of making informed and effective decisions within an organization. Communication technology provides the means to collect, analyze, and share information quickly and efficiently, thus influencing how decisions are made.

Here’s an overview of

 

3. Briefly identify the main functions of the finance and accounting module of an ERP

Ans: The finance and accounting module of an Enterprise Resource Planning (ERP) system is crucial for managing an organization’s financial activities.

Here are the main functions of this module: 

1. General Ledger Function: Central repository for all financial transactions. It tracks and records all financial data and ensures accuracy in financial reporting.

Features

 

Set – 2^nd

Questions

 

4. What are the different ways of making online payments?

Ans: Online payments have become increasingly common due to their convenience and efficiency. Various methods are available for making online payments, each with its own features and benefits.

Here’s a detailed overview of the different ways to make online payments:-

1. Credit and Debit Cards

• Description:
•  

5. What is a DSS and how can it help managers?

Ans: A Decision Support System (DSS) is an interactive computer-based system designed to assist managers in making decisions by providing relevant data, analytical tools, and models. DSS integrates data from various sources and uses sophisticated algorithms to help decision-makers evaluate alternatives and make informed choices. 

Key Components of a DSS Data Management:

 

6. What are the different kinds of power that systems professionals exert over users?

Ans:

Systems professionals, such as IT managers, software developers, and system analysts, exert various kinds of power over users due to their expertise and control over technology systems. These powers can be classified into several categories:

1. Expert Power

• Definition: Derived from the specialized knowledge and skills that systems