Tuesday, August 26, 2008

Information Technology For MBA students

Information Technology For MBA students

Q1. What is Information Technology?

1. Information technology refers to both hardware and software that are used to store, retrieve and manipulate the data.

2. It covers all parts software, hardware, network and servers.

3. Actually information technology is the use of computer and software to manage information.




Q2. What is enterprise recourse planning?


ERP is the software solution that addresses the enterprise needs, taking the process view of an organization to meet the organization goal tightly, integrating all functions of an enterprise.


Q3. What is Expert system?


1. It contains facts about a specific subject.
2. It contains rules of thumb that express reasoning procedures on the subject.
3. It acts as expert consultants.




Q4. What is the different business perspective of Information Technology?


1. Finance and accounting – IT helps to forecast revenue and best uses of funds and helps in managing its cash and all its other financial resources.

2. Marketing- Attract new customers via web marketing and advertising.

3. Human resource management- 1. Personal requirement forecasting.

2. Control of all personal polices and Program.

4. Manufacturing- 1. It support production / operations function.

2. Includes all activities relating to planning and control of the processes producing goods of services.


Q5. Business use of Internet?


1. Communicate and collaboration: - 1. To communicate with each other.

2. Intranet group work.

3. Chat room.

4. Audio-Video Conferencing.

b) Business operation and management: - Application like order processing, inventory control, sales management that can be implementing on intranet.

c) Web publishing: - News letter, technical drawing, product catalog can be publish through web pages, E-mails.

d) E-Commerce: - The user can be able to buy products from there home online by using the E-Commerce websites and internet.



Q6 what is computer aided decision making?


1. Decision support system (DSS) provides solution to the unstructured problem using system technique & models.

2. DSS is designed with the help of decision makers.

3. An Information system that’s help a manager in making a decision is called a computer aided decision support system.

4. DSS is a specialized information system designed to support an executive’s skill at all states of decision making.




This is one of the 5 minute lessons developed by the faculty of DELHI INSTITUTE OF MANAGEMENT & SERVICES,AKASHDEEP BUILDING ,NEW DELHI ,110001.
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