MMPO 004 Solved Assignment 2023-24

    

MMPO 004 Solved Assignment 2023-24

Management Information System

MMPO 004 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

Assignment Code: ASST/ MMPO 004/2023-24

Marks: 100

Attempt all the questions.

Q1. What is Management Information System (MIS)? What are the components of an information system? Discuss the applications of Information Systems in Business and Society with suitable examples.

A Management Information System (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is an integrated set of components used to collect, process, store, and disseminate information to support decision-making, coordination, control, analysis, and visualization in an organization.

Components of an Information System:

Hardware: Physical devices such as computers, servers, networks, and data storage devices.

Software: Programs and applications that run on hardware, including operating systems, databases, and business applications.

Data: Raw facts and figures that are processed and transformed into useful information.

Procedures: The set of instructions and rules for the proper use of hardware, software, and data.

People: Individuals who use the information system, including end-users and IT professionals.

Networks: Communication channels that facilitate the transfer of data and information between different components.

Applications of Information Systems in Business and Society:

Business Process Automation:

Example: Enterprise Resource Planning (ERP) systems automate and integrate business processes such as finance, human resources, and supply chain management.

Decision Support Systems:

Example: Business Intelligence (BI) systems provide executives with real-time data and analysis to support strategic decision-making.

Customer Relationship Management (CRM):

Example: CRM systems help businesses manage and analyze customer interactions, improving customer satisfaction and loyalty.

E-commerce:

Example: Online shopping platforms and electronic payment systems enable businesses to reach a global audience and conduct transactions over the internet.

Supply Chain Management:

Example: Information systems facilitate the coordination of production, logistics, and distribution in supply chain networks, improving efficiency.

Collaboration and Communication:

Example: Tools like email, video conferencing, and collaborative platforms enhance communication and teamwork within organizations.

Social Media and Marketing:

Example: Social media platforms and analytics tools help businesses connect with customers, understand market trends, and implement targeted marketing campaigns.

Healthcare Information Systems:

Example: Electronic Health Records (EHRs) streamline patient information management and improve healthcare delivery.

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Example: Learning Management Systems (LMS) support online education by providing a platform for course management, content delivery, and student interaction.

Government Information Systems:

Example: E-government systems enhance government services, such as online tax filing, public safety, and citizen engagement.

Information systems play a crucial role in enhancing efficiency, productivity, and decision-making across various sectors, contributing to the overall development of business and society.

Q2. What is Business intelligence (BI)? What are Business intelligence (BI) applications in Supply Chain Operations? Discuss.

Q3. Define cloud computing? What are the various cloud technologies that you know? Discuss each technology.

Q4. What do you mean by Big Data? What are the various applications of Big Data in Supply Chain Management? Discuss.

Q5. What is Block Chain Technology? What are the basic components of Block Chain Technology? Explain the uses of Block Chain Technology in the industry that you are more interested.

MMPO 004 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

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