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MIS short

The document consists of short questions and answers related to Management Information Systems, covering key concepts such as Transaction Processing Systems (TPS), business models, relational databases, and decision support systems (DSS). It also defines digital goods, report writing software, artificial intelligence, and e-wallets, among other topics. The content serves as a study guide for understanding essential elements of MIS and their applications in organizational contexts.

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Mir Abu bakar
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6 views4 pages

MIS short

The document consists of short questions and answers related to Management Information Systems, covering key concepts such as Transaction Processing Systems (TPS), business models, relational databases, and decision support systems (DSS). It also defines digital goods, report writing software, artificial intelligence, and e-wallets, among other topics. The content serves as a study guide for understanding essential elements of MIS and their applications in organizational contexts.

Uploaded by

Mir Abu bakar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Management information systems

Past paper(2019) short questions

Q1: Define TPS ?


TPS Transaction processing System. TPS is a type of information system that
manages and processes day-to-day transactional data within an organization. It’s
commonly used for tasks like order processing, inventory management, and
financial transactions, ensuring that these operations run smoothly and
efficiently.

Q2: Define Business model ?


A business model in management information systems is essentially a plan that
outlines how a company uses technology and information to create, deliver, and
capture value in its operations and interactions with customers, partners, and
other stakeholders. It’s like the blueprint for how a business leverages technology
to make money and run efficiently.

Q3: Define Rational Database ?


A relational database is a structured data storage system that organizes and
manages data using a relational model. It consists of tables with rows and
columns, where each table represents a specific entity, and each row represents
a unique record, while columns represent attributes or fields of the entity.

Q4: Define closed system ?


A closed system in management information systems refers to a self-contained
system that doesn’t interact or exchange data with external systems. It operates
independently, without sharing information with other software or networks.

Q5: Define digital goods ?


Digital goods are products or content that exist in electronic or digital form, such
as software, e-books, music, or video files, which can be easily downloaded,
accessed, or transmitted over computer networks.

Q6: Define report writing software ?


Report writing software is a tool that helps users create structured documents
summarizing and presenting data or information. It simplifies the process of
generating reports, making it easier to organize and communicate data
effectively.

Q7: Bluetooth ?
Bluetooth is a wireless technology that enables devices like smartphones, laptops,
and peripherals to communicate and exchange data over short distances without
physical connections. It’s commonly used for tasks like file sharing, connecting
wireless headphones.

Q8: Define artificial intelligence ?


Artificial Intelligence is a branch of computer science which deal with the study
of how the human brain thinks, learns, decides and work, when it tries to solve
problems. In simple terms, Artificial intelligence refers to the ability of machines
or developing computer programs to carry out certain tasks that require human
being to use their intelligence.

Q9: DSS ?
DSS stand for decision support system. It helps the users to analyze the
information and make decisions. It is often used by middle and exclusive
managers when unstructured and unpredictable information is needed for
decisions. DSS may include data from internal and external sources.

Q 10: Reports ?
In the context of Management Information Systems (MIS), reports refer to
structured and organized presentations of data, information, or insights derived
from various sources within an organization. These presentations are intended to
provide a clear and meaningful representation of the data, aiding decision-
making and strategic planning.

Q 11: MIS ?
It is a system that provides managers with the necessary information to make
decisions about an organization’s operations. The MIS gathers data from various
sources and processes it to provide information tailored to the managers’ and
their staff’s needs. Management information systems (MIS) is the study of how
people use technology to manage information. It includes both the hardware and
software used to store, process, and retrieve information

Q 12: Network positioning ?


Network positioning, in a business or strategic context, refers to the strategic
placement or positioning of an organization within a network of stakeholders,
competitors, or industry players. It involves understanding the relationships,
interactions, and dynamics between an organization and its external
environment, including customers, suppliers, partners, and competitors.

Q 13: E wallets ?
E-wallets, short for electronic wallets, are digital platforms that store financial
information and enable electronic transactions, including payments and
transfers, often through a mobile app or website. Users can load money into their
e-wallets, which can then be used for various transactions like purchasing goods
and services online, transferring funds to others, or even paying bills.

Q 14: Knowledge management ?


Knowledge management (KM) is the process of organizing, creating, using, and
sharing collective knowledge within an organization. Successful knowledge
management includes maintaining information in a place where it is easy to
access.

Q 15: Strategic formulation ?


Strategy formulation is the process of using available knowledge to document the
intended direction of a business and the actionable steps to reach its goals. This
process is used for resource allocation, prioritization, organization-wide
alignment, and validation of business goals.

Q 16: Revenue Model ?


A revenue model is a framework for generating financial income. It identifies
which revenue source to pursue, what value to offer, how to price the value, and
who pays for the value.

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