DMBA 204 MANAGEMENT INFORMATION SYSTEM

Description

SESSION	AUG-SEP’23
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	II
COURSE CODE & NAME	DMBA204 MANAGEMENT INFORMATION SYSTEM

 

 

Assignment Set – 1

 

1. Discuss the history of Computing.

Ans 1.

Computing, an ever-evolving field that intertwines with human history, represents the culmination of centuries of mathematical, scientific, and engineering achievements. The journey from primitive counting tools to sophisticated digital computers reflects humanity’s relentless pursuit of knowledge and efficiency.

Abacus to Charles Babbage: Early

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2. What is IT interaction model? Explain.

Ans 2.

Understanding the IT Interaction Model

The IT Interaction Model is a conceptual framework used to understand and analyze how individuals, teams, and organizations interact with Information Technology (IT) systems. This model is crucial in the modern business landscape, where IT is integral to almost every aspect of operations. The model helps in identifying the dynamics between users and IT systems, paving the way

 

 

 

3. How are management information systems different from transaction processing systems? 10

Ans 3.

Introduction: Management Information Systems (MIS) and Transaction Processing Systems (TPS) are two distinct types of information systems used within organizations to facilitate various aspects of business operations. While both systems play vital roles in managing and processing data, they serve different purposes and exhibit fundamental differences in their functionalities and scope.

Purpose and

 

 

Assignment Set – 2

 

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

Ans 4.

Different Ways of Making Online Payments

Online payments have become an integral part of our daily lives, offering convenience and efficiency in financial transactions. There are several methods of making online payments, each tailored to suit various needs and preferences. In this article, we will explore some of the most commonly used ways of conducting online payments.

1. Credit and Debit

 

 

5. What are the facilities an organization could have from ‘Customer Relationship Management System’? 10

Ans 5.

Facilities Provided by Customer Relationship Management (CRM) System

A Customer Relationship Management (CRM) system offers a comprehensive suite of facilities that empower organizations to better understand, engage with, and serve their customers. This powerful tool has become indispensable in today’s competitive business landscape. Here, we delve into the various facilities that an organization can derive from a CRM system.

1. Streamlined

 

6. Why is vendor management important? What are the key issues to consider for managing vendors carefully? 3+7

Ans 6.

The Importance of Vendor Management

Vendor management is a crucial aspect of business operations that encompasses the oversight and control of relationships with external suppliers and service providers. This strategic function plays a pivotal role in ensuring the smooth functioning of an organization and its ability to meet its objectives. Effective vendor management offers several benefits, with one of the most