MCS-052 Principles of Management and Information Systems - Solved Assignment 2017-2018

This assignment has eight questions. Answer all questions. Each question is of 10 marks. Rest 20 marks are for viva voce. You may use illustrations and diagrams to enhance the explanations. Please go through the guidelines regarding assignments given in the Programme Guide for the format of presentation. Answer to each part of the question should be confined to about 300 words.

1. What is ERP? Explain different components of an ERP system. Compare ERP with other similar software solution.
2. What is portfolio management? Discuss the uses and significance of various tools used to automate the portfolio management processes.
3. Discuss why management needs information. Is it possible for the management of an organization to make effective decisions without the aid of an information system? Explain.
4. How are databases used in e-business? How does e-business fit into different locations within the production chain?
5. What is the role of OLAP in decision-making? What does the term drill mean down in an executive information system?
6. Explain different advantages and disadvantages of Knowledge Management in Organisations.
7. Explain some of the security threats to information systems? How does encryption ensure data security?
8. What is total cost of ownership (TCO)? What are the different cost factors for computation of the TCO of any system? Explain.