MIS End Sem
MIS End Sem
1.1) What is MIS? Explain its relevance and significance in the organizational setup.
Management Information Systems (MIS) is the study of people, technology, organizations, and the
relationships among them. MIS professionals help firms realize maximum benefit from investment in
personnel, equipment, and business processes. MIS is a people-oriented field with an emphasis on service
through technology. Technology and the use of technology to improve people’s lives is also a part of the field
of MIS.
Businesses use information systems at all levels of operation to collect, process, and store data. Management
aggregates and disseminates this data in the form of information needed to carry out the daily operations of
business. Everyone who works in business, from someone who pays the bills to the person who makes
employment decisions, uses information systems. A car dealership could use a computer database to keep
track of which products sell best. A retail store might use a computer-based information system to sell
products over the Internet. In fact, many (if not most) businesses concentrate on the alignment of MIS with
business goals to achieve competitive advantage over other businesses.
An information system consists of all the hardware and software that a firm needs to use in order to achieve
its business objectives. This includes not only computer machines, storage devices, and handheld mobile
devices, but also software, such as the Windows or Linux operating systems, the Microsoft Office desktop
productivity suite, and the many thousands of computer programs that can be found in a typical large firm.
Three activities of information systems produce information organizations need
● Input: Captures raw data from the organization or external environment
● Processing: Converts raw data into meaningful form
● Output: Transfers processed information to people or activities that use it
1.2) What is the difference between Information system and Information Technology
It is a software used to organize and analyze data. It is a sub system of the Information system.
Its main purpose is to turn raw data into useful Its main purpose is to help people perform their work
information that in turn will provide useful properly and effectively and achieve their objective
information for making decisions within an within organization or business.
organization or business.
It mainly focuses on providing support to operations, It mainly focuses on improving productivity and
management, and decision-making. efficiency using technology.
It is generally composed of four components i.e., It is generally composed of three components i.e.,
task, people, structure, and technology. hardware, software. Networks and data.
It works as a bridge between technology and people. It helps people to utilize and make sense of that
system.
It simply incorporates technology, people and It designs, implements, maintains and supports
processes involved with information. information or data within the information system.
1.3) What are the functions of management, organization, and technology? Explain in
brief.
Technology : Technology takes care of handling the technical aspects of the business. The technological
infrastructure and the technological hardware and software capabilities of the firm and their maintenance and
development come under the field of technology.
● Computer Hardware : Computer hardware is the physical equipment used for input, processing, and
output activities in an information system.
● Computer Software : Computer software consists of the detailed, preprogrammed instructions that
control and coordinate the computer hardware components in an information system
● Data management technology : Data management technology consists of the software governing the
organization of data on physical storage media.
● Networking and telecommunications technology : Networks, the Internet, intranets, and extranets,
World Wide Web
● IT infrastructure : It provides a platform that the system is built on
Management :
● Managers set organizational strategies for responding to business challenges
● In addition, managers must act creatively
● Creation of new products and services
● Occasionally re-creating the organization
● Information technology can play a powerful role in helping managers design and deliver new products
and services and redirect and redesign their organizations.
Organization : Organizations have a structure that is composed of different levels and specialties.
● Senior management
○ long-range strategic decisions about products and services
○ ensures the financial performance of the firm.
● Middle management : implements programs and plans of senior management
● Operational management : monitoring the daily operations
● Knowledge workers : such as engineers, scientists, or architects, design products or services and
create new knowledge for the firm
● Data workers : secretaries or clerks, assist with scheduling and communications at all levels of the
firm.
● Production or service workers : actually produce the product and deliver the service
● Separation of business functions
○ Sales and marketing
○ Human resources
○ Finance and accounting
○ Manufacturing and production
● Unique business processes
● Unique business culture
● Organizational policies
Each of these three levels has its own decision makers and its associated cost of decisions. The operational
level includes thousands of employees, who make around 2 million operational decisions per annum, each
valued at USD 250. The tactical level comprises hundreds of middle level managers, who make around 200
tactical decisions per annum, each valued at USD one million. The strategic level contains tens of senior
management personnel, who make around 20 strategic decisions per annum, each valued at USD 10 million.
This brings the total financial impact of decisions to plus / minus 900 millions of USD annually. Fig 3 shows
the financial impact of decisions taken at different organizational levels.
1.6) What are the types of MIS? Explain with examples.
● Transaction Processing System:
○ Operational managers need systems that keep track of the elementary activities and
transactions of the organization, such as sales, receipts, cash deposits, payroll, credit decisions,
and the flow of materials in a factory is provided by a Transaction processing systems (TPS)
type of information system. Its purpose is to :
■ Answer routine questions and track the flow of transactions through the organization
■ Allow managers to monitor the status of operations and relations with the external
environment
■ Serve predefined, structured goals and decision making
● Management Information System:
○ It serves middle management.
○ It provides reports on the firm's current performance based on data from TPS.
○ It provides answers to routine questions with predefined procedures for answering them.
○ They use simple routines such as summaries and comparisons. They have little analytic
capability.
○ For instance, MIS reports might list the total pounds of lettuce used this quarter by a fast-food
chain.
● Decision support systems:
○ It serves middle management.
○ It supports non-routine decision-making.
○ It may use external information such as stock prices or competitors' product prices as well as
TPS / MIS data.
○ Example:
■ Intrawest’s marketing analysis systems
■ Collects and stores large amounts of customer data from its Web site, call center,
lodging reservations, ski schools, and ski equipment rental stores
■ Uses special software to analyze these data: to determine the value revenue potential
the loyalty of each customer so managers can make better decisions on how to target
their marketing program
● Executive Support Systems:
○ It supports senior management.
○ It addresses nonroutine decisions which require judgment, evaluation, and insight.
○ It incorporates data about external events such as new tax laws, etc as well as summarized
information from internal MIS and DSS.
○ Example : Digital dashboard with a real-time view of the firm’s financial performance.
1.7) What is a "digital firm"? What are the challenges faced by digital firms?
● A digital firm is one in which nearly all of the organization’s significant business relationships with
customers, suppliers, and employees are digitally enabled and mediated.
● Digital firms sense and respond to their environments far more rapidly than traditional firms, giving
them more flexibility to survive in turbulent times.
● Digital firms offer extraordinary opportunities for more global organization and management.
● By digitally enabling and streamlining their work, digital firms have the potential to achieve
unprecedented levels of profitability and competitiveness.
challenges remaining Amogh Joshi
1.8) What are the internal and external factors that affect the functioning of the
organization, Explain with a suitable diagram
1. External: The Economy
In a bad economy, even a well-run business may not be able to survive. If customers lose their jobs or
take jobs that can barely support them, they'll spend less on sports, recreation, gifts, luxury goods and
new cars. High interest rates on credit cards can discourage customers from spending. One can't
control the economy, but understanding it can help one spot threats and opportunities.
2. External: Competition from other Businesses
Unless your company is unique, you'll have to deal with competition. When you start your company, you
fight against established, more experienced businesses in the same industry. After you establish
yourself, you'll eventually have to face newer firms that try to slice away your customers. Competition
can make or break you look at how many brick-and-mortar bookstores crashed and burned competing
with Amazon.
3. External: Politics and Government Policy
Changes in government policy can have a huge effect on your business. The tobacco industry is a
classic example. Since the 1950s, cigarette companies have been required to place warning labels on
their products, and they lost the right to advertise on television. Smokers have fewer and fewer places
they can smoke legally.
4. External: Customers and Suppliers
Next to your employees, your customers and suppliers may be the most important people you deal
with. Suppliers have a huge impact on your costs. The clout of any given supplier depends on scarcity:
If you can't buy anywhere else, your negotiating room is limited. The power of your customers depends
on how fierce the competition for their dollars is, how good your products are, and whether your
advertising makes customers want to buy from you, among other things.
2.1) How can MIS improve the efficiency and profitability of the organization?
A MIS provides background, current data and trend analysis so you have ready information on all areas of the
business. You can use this detailed data on the company environment and finances to improve business
performance in the long- and short-term.
2.2) What are decision support systems and executive support systems?
(SAME as 1.6)
● Decision support systems:
○ It serves middle management.
○ It supports non-routine decision-making.
○ It may use external information such as stock prices or competitors' product prices as well as
TPS / MIS data.
○ Example:
■ Intrawest’s marketing analysis systems
■ Collects and stores large amounts of customer data from its Web site, call center,
lodging reservations, ski schools, and ski equipment rental stores
■ Uses special software to analyze these data: to determine the value revenue potential
the loyalty of each customer so managers can make better decisions on how to target
their marketing program
● Executive Support Systems:
○ It supports senior management.
○ It addresses nonroutine decisions which require judgment, evaluation, and insight.
○ It incorporates data about external events such as new tax laws, etc as well as summarized
information from internal MIS and DSS.
○ Example : Digital dashboard with a real-time view of the firm’s financial performance.
● Volume: Amount of data generated during big data applications. Example: In the year 2016, the
estimated global mobile traffic was 6.2 Exabytes(6.2 billion GB) per month.
● Velocity: The massive continuous flow of data that requires faster processing speeds and high
processing power. Example: There are more than 3.5 billion searches per day on Google.
● Variety: Arrival of data from new sources inside and outside an enterprise which can be structured,
semi-structured, or unstructured.
○ Structured: Organized Data having definite length and form.
○ Unstructured: Does not have a definite length and form and is not organized.
○ Semi-Structured: It is the combination of both where some aspects can be organized but some
cannot be.
● Veracity: Inconsistencies and uncertainty in data where the quality of the data is hard to control. A bulk
of data creates confusion whereas less could convey half/incomplete data.
● Value: The value that the data can provide and what the organizations can do with it. Being able to pull
value from the data is a requirement.
2.5) What are important components of MIS? How does it help in Decision making?
A management information system is made up of five major components namely people, business processes,
data, hardware, and software. All of these components must work together to achieve business objects.
● People: These are the users who use the information system to record the day to day business
transactions. The users are usually qualified professionals such as accountants, human resource
managers, etc. The ICT department usually has the support staff who ensure that the system is running
properly.
● Business Procedures: These are agreed upon best practices that guide the users and all other
components on how to work efficiently. Business procedures are developed by the people i.e. users,
consultants, etc.
● Data: The recorded day to day business transactions. For a bank, data is collected from activities such
as deposits, withdrawals, etc.
● Hardware: Hardware is made up of the computers, printers, networking devices, etc. The hardware
provides the computing power for processing data. It also provides networking and printing
capabilities. The hardware speeds up the processing of data into information.
● Software: These are programs that run on the hardware. The software is broken down into two major
categories namely system software and applications software. System software refers to the operating
system i.e. Windows, Mac OS, and Ubuntu, etc. Applications software refers to specialized software for
accomplishing business tasks such as a Payroll program, banking system, point of sale system, etc.
● A management information system provides higher availability of data, thereby reducing uncertainty
and allowing managers to make better ratio quality decisions based on insightful data.
● In addition, when a Management Information System is used to analyze a situation, it provides all the
necessary information about that situation and then expects you to make the decision.
● It also offers some form of recommendations that give insight into the decisions to take.
2.7) How is DBMS better than the traditional database management systems?
● Redundancy problem can be solved
○ In the File System, duplicate data is created in many places because all the programs have their
own files which create data redundancy resulting in wastage of memory. In DBMS, all the files
are integrated in a single database. So there is no chance of duplicate data.
○ For example: A student record in a library or examination can contain duplicate values, but when
they are converted into a single database, all the duplicate values are removed.
● Enforcement of standards
○ As DBMS have central control of the database. So, a DBA can ensure that all the applications
follow some standards such as format of data, document standards etc. These standards help
in data migrations or in interchanging the data.
● The second one is managing metadata centrally. Multiple people gather and clean data very often and
they may work in different countries or offices. Therefore, you require clear policies on how data is
gathered and managed as people in different parts of a company may misinterpret certain data terms
and concepts. Centralized management of metadata is the solution to this problem as it reduces
inconsistent interpretations and helps in establishing corporate standards.
● The next one is to ensure all the requirements are available and offer documentation for data
processors and data providers. You have to format the specifications and offer a data dictionary and
also provide training for the providers of data and all other new staff. Make sure you offer immediate
help for all the data providers.
● Very often, data is gathered from different sources and may include distinct spelling options. Hence,
segmentation, scoring, smart lists, and many others are impacted by this. So, for entering a data point,
a singular approach is essential, and data normalization provides this approach. The goal of this
approach is to eliminate redundancy in data. Its advantages include easier object-to-data mapping and
increased consistency.
● The last aspect is to verify whether the data is consistent with the data rules and business goals, and
this has to be done at regular intervals. You have to communicate the current status and data quality
metrics to every stakeholder regularly to ensure the maintenance of data quality discipline across the
organization.
2.11) Compare the DBMS and RDBMS wrt. Business organizations with proper
examples
DBMS RDBMS
Data elements need to be accessed individually. Multiple data elements can be accessed at the same
time.
No relationship between data. Data is stored in the form of tables which are related
to each other.
DBMS does not support distributed databases. RDBMS supports distributed databases.
It deals with a small quantity of data. It deals with large amounts of data.
Data redundancy is common in this model. Keys and indexes do not allow Data redundancy.
It supports single users. It supports multiple users.
Data fetching is slower for the large amount of data. Data fetching is fast because of the relational
approach.
The data in a DBMS is subject to low security levels There exists multiple levels of data security in a
RDBMS.
2.12) What is Data Warehouse and Data Mart? Differentiate between the two.
In data warehouses, lightly denormalization takes While in Data mart, highly denormalization takes
place. place.
In the data warehouse, Fact constellation schema is While in this, Star schema and snowflake schema are
used. used.
Data Warehouses have a long life. Data-mart has a shorter life than a warehouse.
In the Data Warehouse, Data is contained in a In data mart are contained in summarized form.
detailed form.
The Data Warehouse is vast in size. The data mart is smaller than the warehouse.
Long time for processing the data because of large Less time for processing the data because of
data. handling only a small amount of data.
2.13) What is ERP? How does it help in improving the functioning of the organization?
● Enterprise resource planning (ERP) refers to a type of software that organizations use to manage
day-to-day business activities such as accounting, procurement, project management, risk
management and compliance, and supply chain operations.
● A complete ERP suite also includes enterprise performance management, software that helps plan,
budget, predict, and report on an organization’s financial results.
● ERP systems tie together a multitude of business processes and enable the flow of data between
them. By collecting an organization’s shared transactional data from multiple sources, ERP systems
eliminate data duplication and provide data integrity with a single source of truth.
3.3) What are the issues and Dilemmas associated with ethics?
● Advancements in information technologies have generated a new set of ethical problems.
● Computing processing power doubles roughly every 18 months, due to which organizations are more
dependent on their information systems.
● Organizations can store increasing amounts of data at decreasing costs due to which they maintain
more data on individuals for longer periods of time
● These developments have created numerous ethical problems concerning the appropriate collection
and use of
○ customer information
○ personal privacy
○ protection of intellectual property.
● All employees have a responsibility to encourage ethical uses of information and information
technology.
● Many of the business decisions you will face at work will have an ethical dimension.
● Consider the following decisions that you might have to make:
○ Should organizations monitor employees’ Web surfing and e-mail?
○ Should organizations sell customer information to other companies?
○ Should organizations audit employees’ computers for unauthorized software or illegally
downloaded music or video files?
3.4) How to analyze an ethical issue?
3.5) Explain with a suitable diagram the effect of Ethical issues on organization, social
and political set up?
Ethical, social, and political issues are closely linked. Introduction of new technology has a ripple effect in the
current equilibrium, creating new ethical, social, and political issues that must be dealt with on individual,
social, and political levels. Both social and political institutions require time before developing new behaviors,
rules, and laws.
The introduction of new information technology has a ripple effect, raising new ethical, social, and political
issues that must be dealt with on the individual, social, and political levels. These issues have five moral
dimensions: information rights and obligations, property rights and obligations, system quality, quality of life,
and accountability and control.
There are five main moral dimensions that tie together ethical, social, and political issues in an information
society. These moral dimensions are:
● Information rights and obligations
● Property rights and obligations
● Accountability and control
● System quality
● Quality of life
Four key technology trends have heightened the ethical stresses on existing social arrangements and laws:
● Advancements in information technologies have generated a new set of ethical problems.
● Computing processing power doubles roughly every 18 months, due to which organizations are more
dependent on their information systems.
● Organizations can store increasing amounts of data at decreasing costs due to which they maintain
more data on individuals for longer periods of time
3.7) What are the advantages and disadvantages of the internet explosion on MIS?
3.8) What are the ways we can protect privacy and security of Data?
Physical Controls:
● Physical controls prevent unauthorized individuals from gaining access to a company’s facilities.
● Common physical controls include walls, doors, fencing, gates, locks, badges, guards, and alarm
systems.
● More sophisticated physical controls include pressure sensors, temperature sensors, and motion
detectors.
● One shortcoming of physical controls is that they can be inconvenient to employees.
Access controls:
● Access controls restrict unauthorized individuals from using information resources.
● These controls involve two major functions: authentication and authorization.
○ Authentication confirms the identity of the person requiring access. After the person is
authenticated (identified), the next step is authorization.
Ex: Biometrics, voice signature recognition, passwords, multifactor authentication etc.
○ Authorization determines which actions, rights, or privileges the person has, based on his or her
verified identity. Let’s examine these functions more closely.
Ex: privilege
Communication Controls:
● Communications controls (also called network controls) secure the movement of data across
networks.
● Communications controls consist of firewalls, anti-malware systems, whitelisting and blacklisting,
encryption, virtual private networks (VPNs), transport layer security, and employee monitoring systems.
● Firewalls: A firewall is a system that prevents a specific type of information from moving between
untrusted networks, such as the Internet, and private networks, such as your company’s network. Put
simply, firewalls prevent unauthorized Internet users from accessing private networks
● Anti-malware Systems: Anti-malware systems, also called antivirus, or AV, software, are software
packages that attempt to identify and eliminate viruses and worms, and other malicious software
● Whitelisting and Blacklisting:
○ Whitelisting is a process in which a company identifies the software that it will allow to run on
its computers it either prevents any other software from running or lets new software run only in
a quarantined environment until the company can verify its validity
○ Blacklisting allows everything to run unless it is on the blacklist. A blacklist, then, includes
certain types of software that are not allowed to run in the company environment.
● Encryption: Encryption is the process of converting an original message into a form that cannot be read
by anyone except the intended receiver
● Virtual Private Networking: A virtual private network is a private network that uses a public network
(usually the Internet) to connect users.
○ VPNs essentially integrate the global connectivity of the
● Internet with the security of a private network and thereby extend the reach of the organization’s
networks.
● Transport Layer Security: Transport layer security, formerly called secure socket layer, is an encryption
standard used for secure transactions such as credit card purchases and online banking.
○ TLS encrypts and decrypts data between a Web server and a browser end to end.
● Employee Monitoring Systems: Employee monitoring systems, which scrutinize their employees’
computers, e-mail activities, and Internet surfing activities.
3.9) Analyze the issues with Cookies, Web bugs and web spy software
● Alien software is clandestine software that is installed on your computer through duplicitous methods.
● It is typically not as malicious as viruses, worms, or Trojan horses, but it does use up valuable system
resources.
● In addition, it can enable other parties to track your Web surfing habits and other personal behaviors
● The vast majority of pestware is adware—software that causes pop-up advertisements to appear on
your screen. Adware is common because it works.
● According to advertising agencies, for every 100 people who close a pop-up ad, 3 click on it. This “hit
rate” is extremely high for Internet advertising
● Spyware is software that collects personal information about users without their consent. Two
common types of spyware are keystroke loggers and screen scrapers.
● Spamware is pestware that uses your computer as a launch pad for spammers. Spam is an unsolicited
e-mail, usually advertising for products and services
● Cookies are small amounts of information that Web sites store on your computer, temporarily or more
or less permanently
3.10) Evaluate the effect of social media and the internet on raising new ethical
issues?
4.1) How does the IT infrastructure connect the Firm and its Business capabilities?
Draw a suitable diagram.
IT Infrastructure is the set of physical devices and software required to operate an enterprise. It’s a set of
firm-wide services including
● Computing Platforms providing computing services
● Physical facilities management services
● IT management, education, and other services
A firm’s IT infrastructure provides the foundation for serving customers, working with vendors, and managing
internal firm business processes. In this sense, IT infrastructure defines the capabilities of the firm today and in
the near term of, say, three to five years (the length of time it takes to make a significant change in the firm’s IT
infrastructure).
4.2) How has the IT infrastructure changed with the evolution of computer
technology?
The IT infrastructure in organizations today is an outgrowth of over 50 years of evolution in computing
platforms. The five stages are -
● Improve an organization's operational efficiency, add value to existing products, engender innovation
and new product development, and help managers make better decisions.
● Companies can identify their strengths and weaknesses due to the presence of revenue reports,
employee performance records, etc. Identifying these aspects can help a company improve its
business processes and operations.
● The availability of customer data and feedback can help the company to align its business processes
according to the needs of its customers. The effective management of customer data can help the
company to perform direct marketing and promotion activities.
● MIS can help a company gain a competitive advantage.
● MIS reports can help with decision-making as well as reduce downtime for actionable items.
4.8) How seamless IT infrastructure is influenced by AJAX, WEB 2 and Web based
applications? Give examples.
4.9) What are the challenges faced when the organizational IT infrastructure is
upgraded?
Creating and managing a coherent IT infrastructure raises multiple challenges:
● Dealing with platform and technology change - As firms shrink or grow, IT needs to be flexible and
scalable. Scalability means the ability to expand to serve a larger number of users. For mobile
computing and cloud computing, which are new fields, new policies and procedures for managing
these new platforms need to be put in place. Contractual agreements with firms running clouds and
distributing software are required
● Management and governance - Who controls IT infrastructure? How should the IT department be
organized? Should it be centralized, where it makes all the decisions? Or Decentralized, where business
units and IT departments make their own decisions. How are costs allocated between divisions and
departments? Each organization will need to arrive at answers to these questions based on its own
needs.
● Making wise infrastructure investments - Under-investment and over-investment can hamper firm
performance. Thus, firms need to decide between Rent-versus-buy. Cloud computing can also be
utilized to minimize costs, but the Security requirements and Impact on business processes and
workflow need to be considered. Another option is Outsourcing
These are the challenges faced by most organizations when upgrading their systems and their IT
infrastructure.
4.10) What is the difference between wired and wireless Networks? Explain with
proper diagrams and examples.
(a) Wired Network: As we all know, “wired” refers to any physical medium made up of cables. Copper wire,
twisted pair, or fiber optic cables are all options. A wired network employs wires to link devices to the Internet
or another network, such as laptops or desktop PCs.
(b) Wireless Network: “Wireless” means without wire, media that is made up of electromagnetic waves (EM
Waves) or infrared waves. Antennas or sensors will be present on all wireless devices. Cellular phones,
wireless sensors, TV remotes, satellite disc receivers, and laptops with WLAN cards are all examples of
wireless devices. For data or voice communication, a wireless network uses radiofrequency waves rather than
wires.
4.11) What are the components of the World Wide Web? Explain in detail.
Components of the Web: There are 3 components of the web:
Uniform Resource Locator (URL): serves as a system for resources on the web. The directory path and
document name are two more pieces of information within the web address that help the browser track down
the requested page. Together, the address is called a uniform resource locator (URL). When typed into a
browser, a URL tells the browser software exactly where to look for the information. For example, in the URL
http://www.megacorp.com/content/features/082610.
HyperText Transfer Protocol (HTTP): specifies communication of browser and server. Web pages are
accessible through the Internet because web browser software operating your computer can request web
pages stored on an Internet host server by using the Hypertext Transfer Protocol (HTTP). HTTP is the
communications standard that transfers pages on the web. For example, when you type a web address in your
browser, such as http://www.sec.gov, your browser sends an HTTP request to the sec.gov server requesting
the home page of sec.gov.
Hyper Text Markup Language (HTML): defines the structure, organization and content of a webpage. Web
pages are based on a standard Hypertext Markup Language (HTML), which formats documents and
incorporates dynamic links to other documents and pictures stored in the same or remote computers.
The three basic topologies used in computer networks have been as follows:
● Bus—Connects each computer on a network directly to the next computer in a linear fashion. The
network connection starts at the server and ends at the last computer in the network. (Obsolete.)
5.1) What is E-commerce? How has it improved the business and customer
satisfaction?
● Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling
of goods or services using the internet, and the transfer of money and data to execute these
transactions.
● Ecommerce is often used to refer to the sale of physical products online, but it can also describe any
kind of commercial transaction that is facilitated through the internet.
● B2C is the most frequent type of business and is very common for all people
● Companies sell products and offer services that specifically meet the needs of the population, which
are individuals and not companies.
● A business operating in B2C can quickly sell products and services and sales can range from very low
value to extremely expensive.
● An individual can purchase a product or service from a business once and never have any dealings with
it again.
● For example, food products that you can find in supermarkets or products that you can find on the
FNAC or Amazon sites.
5.3) What would be the website fields and contents of an outlet in the Technical
components business. Design the front end fields for the same.
5.4) Draw the components of CRM wrt. Sales, Service and Products.
● Help sales staff increase productivity by focusing sales efforts on the most profitable customers, those
who are good candidates for sales and services.
● Sales prospect and contact information
● Product information, product configuration capabilities
● Sales quote generation capabilities
● Assemble particular customer’s past purchases to help the salesperson makes personalized
recommendations
● Provide capabilities for sales forecasting, territory management, and team selling
● Assigning and managing customer service requests
● Improved access to consistent and accurate customer information helps call centers to handle more
calls per day and decrease the duration of each call.
○ call centers and customer service achieve greater productivity, reduced transaction time, and
higher quality of service at a lower cost
● Web-based self-service capabilities
○ set up to provide inquiring customers with personalized support information
● Support direct-marketing campaigns
○ Capturing prospect and customer data
○ scheduling and tracking direct-marketing mailings or e-mail
● Tools for analyzing
○ marketing and customer data
○ identifying profitable and unprofitable customers,
○ designing products and services to satisfy specific customer needs
● Cross-selling
5.6) What are the decision support systems used for E-commerce other than CRM.
Explain in brief.
Centralized Application delivery, cloud services and Decentralized Edge computing, peer-to-peer and
platform are governed and operated by centralized distributed consensus increasingly become norm
authorities
Flat currency Payments and transactions occur Cryptocurrency Transactions can be funded with
with government-issued currency, such as $USD. encrypted digital currencies, such as Bitcoin and
Ethereum
Cookies The use of cookies helps to track users NFTS Users can get unique tokens that are
and provide personalization assigned value or provide some form of perk
CSS and Ajax Web 2.0 is defined by layout Al Smarter, autonomous technology, including
technologies that provide more dynamic control machine learning and Al, will define Web 3.0
than Web 1.0
Relational databases Databases underpin the Blockchain Web 3.0 makes use of blockchain
content and applications of Web 2.0 immutable ledger technology
Social networks Web 2.0 ushered in the era of Metaverse worlds With Web 3.0, metaverse
social networking, including Facebook. worlds will emerge to meld physical, virtual and
augmented reality
5.12) How e-business scenario has evolved since 2000 explain with example
Module 6
6.1) What is CRM? What are the components of CRM?(check the latter part)
● CRM stands for “Customer Relationship Management” and is a software system that helps business
owners easily track all communications and nurture relationships with their leads and clients.
● A CRM replaces the multitude of spreadsheets, databases and apps that many businesses patch
together to track client data.
● The result: organization, efficiency, better time management, and impressed clients.
● Contact management is the core function of any customer information system including CRM
software.
● The purpose of a CRM is to store and manage all data for every kind of contact, from leads to business
partners.
● Components:
○ Satisfaction:
■ Customer satisfaction is the measure of a customer’s perception of the quality of a
product, service, or company.
■ Customer satisfaction is important because it acts as a purchasing guideline for the
company and the customer.
■ If a customer is not satisfied with the result of their purchase, they are more likely to
purchase from another company.
○ Loyalty:
■ Customer loyalty is the measure of repeat sales and referrals.
■ It is based on how often a customer purchases from one particular company versus
others that may be similar or better suited to their needs.
■ Loyal customers are more likely to be satisfied with their purchase and recommend the
product to others.
■ Thus, it is important because it provides a consistent source of revenue for the
company.
○ Profitability:
■ Profitability is a measurement of how much profit (or loss) a company makes during its
operation. It can be calculated by total revenue minus total costs.
■ Profit is important because it allows companies to continue operations and stay
profitable in order to grow and expand.
■ Without profit, companies would eventually not be able to pay employees, suppliers or
taxes, and would eventually go out of business due to lack of funds.
○ Customer Retention:
■ Customer retention is a measurement of how many customers remain loyal to one
company over time.
■ Retained customers are less expensive for companies to retain than new customers
who have to go through research and development, marketing campaigns, promotion
costs, etc., all over again for new customers.
■ They are also more profitable for companies because they do not have to spend money
acquiring them again after they have already purchased from the company once before.
6.2) List down the requirements of CRM for sales and marketing(maybe 2 marks,
write accordingly)
● Marketing Automation Tools
○ Most CRMs offer bundled marketing automation tools.
○ This will allow you to track the effectiveness of your marketing campaigns across multiple
channels.
○ There’s always the option of using a CRM integration to connect your marketing tools with your
CRM.
6.6) How the emerging platform trends have influenced grid computing, on demand
computing, autonomic computing and edge computing?
● While the cost of computing has fallen, IT infrastructure expenditures have grown due to the rising cost
of computing services, software, and the increase in intensity and sophistication of computing.
● Telecommunications and computing platforms have converged: at the client level, with the merging of
PDAs and cell phones, and at the server and network level, with the rise of Internet telephony.
● Grid computing utilizes the idle computational resources of separate, geographically remote computers
to create a single virtual supercomputer. In this process, a server computer breaks data and
applications into discrete chunks that are parceled out to the grid's machines. Grid computing offers
increased cost savings, computational speed and agility.
● On-demand computing, or utility computing, refers to firms off-loading peak demand for computing
power to remote, large-scale data processing centers. This allows firms to reduce their investment in IT
infrastructure by investing in only as much computing power as needed on average and paying for
additional power on an as-needed basis. This arrangement offers firms much greater agility and
flexibility in their infrastructure.
● Autonomic computing is an industry-wide effort to develop systems that can configure, optimize, repair,
and protect themselves against intruders and viruses, in an effort to free system administrators from
routine system management, reduce costly system crashes. Today's virus software with automatic
virus updates is one example of autonomic computing.
● Edge computing is a multi-tier, load-balancing scheme for Web-based applications in which parts of the
Web site content and processing are performed by smaller, less expensive servers located near the
computer. In an edge computing platform client requests are initially processed by the edge servers,
which may deliver static presentation content, reusable code, while database and business logic
components are delivered by the enterprise servers.
Design a transaction process system TPS for the transactions for placing an order.
● Order entry system: captures the basic data needed to process a customer order.
● Sales configuration system: ensures that the products and services ordered are sufficient to
accomplish the customer’s objectives and will work well together.
● Shipment planning system: determines which open orders will be filled and from which location they
will be shipped Shipment execution system: coordinates the outflow of all products from the
organization, to deliver quality products on time to customers.
● Inventory-control system: updates the computerized inventory records to reflect the exact quantity on
hand of each stock-keeping unit.
● Invoice and Billing: An invoicing application looks up the full name and address of the customer,
determines whether the customer has an adequate credit rating, automatically computes discounts,
adds taxes and other charges, and prepares invoices and envelopes.
● Customer relationship management (CRM) system: helps a company manage all aspects of customer
encounters, including marketing and advertising, sales, customer service after the sale, and programs
to retain loyal customers.
● Routing system: determines the best way to get products from one location to another.
● Scheduling system: determines the best time to pick up or deliver goods and services.