CUSTOMER_CODE SMUDE DIVISION_CODE SMUDE EVENT_CODE SMUAPR15 ASSESSMENT_CODE BBA205_SMUAPR15 QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 14971 QUESTION_TEXT Discuss the advantages and disadvantages of ERP. SCHEME OF EVALUATION Benefits – Explanation of the tasks need to interface with one another (3 marks) Change (2 marks) Disadvantages (5 marks) Benefits: In the absence of an ERP system, a large manufacturing ^company may find itself with many software applications that do not talk to each other and do not effectively interface. Tasks that need to interface with one another may involve: ∙ A totally integrated system ∙ The ability to streamline different processes and workflows ∙ The ability to easily share data across various departments in an organization ∙ Improved efficiency and productivity levels. ∙ Better tracking and forecasting ∙ Lower costs ∙ Improved customer service Change: how a product is made in the engineering details that is how it will now be made. Effective dates can be used to control when the switch over will occur from an old version to the next one, both the date that some ingredients go into effect, and the date that some are discontinued. Part of the change can include labeling to identify version numbers. Some security features are included within an ERP system to protect against both outsider crime, such as industrial espionage, and insider crime, such as embezzlement. A data tampering scenario might involve a disgruntled employee intentionally modifying prices below the break-even point in order to attempt to take down the company, or other sabotage. ERP systems typically provide functionality for implementing internal controls to prevent actions of this kind. ERP vendors are also moving toward better integration with other kinds of information security tools. Disadvantages - Many problems that organizations have with ERP systems are due to inadequate investment in ongoing training for personnel involved, including those implementing and testing changes, as well as a lack of corporate policy protecting the integrity of the data in the ERP systems and how it is used. While advantages usually outweigh disadvantages for most organizations implementing an ERP system, here are some of the most common obstacles experienced: Usually many obstacles can be prevented if adequate investment is made and adequate training is involved, however, success does depend on the skills and the experience of the workforce to adapt quickly to the new system. ∙ Customization in many situations is limited ∙ The need to reengineer business processes ERP systems can be cost prohibitive to install and run ∙ Technical support can be shoddy ∙ ERPs may be too rigid for specific organizations that are either new or want to move in a new direction in the near future. QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 14972 QUESTION_TEXT What is Intranet? Explain its applications to business and its advantages. SCHEME OF EVALUATION Definition (1 mark) Explanation with usage of HTTP and FTP and other protocols (3 marks) Advantages (increased productivity, reduced time, improved communication, web publishing, business operations and management, cost-effective, enhanced collaboration (6 marks) An intranet is a private computer network. Intranet uses Internet protocols and network connectivity to securely share part of an organization's information or operations with its employees. The same concepts and technologies of the Internet such as clients and servers running on the Internet protocol suite are used to build an intranet. HTTP, FTP and other Internet protocols are used in intranet. There is often an attempt to use Internet technologies to provide new interfaces with corporate "legacy" data and information systems. Intranets are generally restricted to employees of the organization while extranets can generally be accessed by customers, suppliers or other approved parties. Advantages of intranets a. Increased Productivity: Intranets can help users to locate and view information faster and use applications relevant to their roles and responsibilities. With the help of a web browser interface, users can access data held in any database the organization wants to make available, anytime and - subject to security provisions - from anywhere within the company workstations, increasing employees' abilities to perform their jobs faster, more accurately, and with confidence that they have the right information. It also helps to improve the services provided to the users. b. Reduced Time: With intranets, organizations can make more information available to employees in less time. c. Improved Communication: Intranets can serve as powerful tools for communication within an organization, vertically and horizontally. From a communications standpoint, intranets are useful to communicate strategic initiatives that have a global reach throughout the organization. The type of information that can easily be conveyed is the purpose of the initiative and also what the initiative is aiming to achieve, who is driving the initiative, results achieved to date, and who to speak to for more information. By providing this information on the intranet, the staff have the opportunity to keep up-to-date with the strategic focus of the organization. d. Web Publishing: Web publishing allows 'cumbersome' corporate knowledge to be maintained and easily accessed throughout the company using hypermedia and Web technologies. e. Business operations and management: Intranets are also being used as a platform for developing and deploying applications to support business operations and decisions across the internetworked enterprise. f. Cost-effective: Users can view information and data via webbrowser rather than maintaining physical documents such as procedure manuals, internal phone list and requisition forms. Enhanced Collaboration: With information easily accessible by all authorized users, teamwork is enabled. QUESTION_T DESCRIPTIVE_QUESTION YPE QUESTION_I D 124249 QUESTION_T Distinguish between Prototyping approach and Life cycle approach EXT SCHEME OF EVALUATIO N (10 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 124251 QUESTION_TEXT What are the components of data mining architecture and characteristics of data warehouse? SCHEME OF EVALUATION Components of data mining architecture: 1. Database, data warehouse and information repository 2. Database server 3. Data mining engine 4. Pattern evaluation model 5. Graphical user interface characteristics of data warehouse: 1. Subject oriented 2. Integrated 3. Non volatile 4. Time variant QUESTION_T DESCRIPTIVE_QUESTION YPE QUESTION_I D 124252 QUESTION_T As per porter, how is it possible to attain above- average performance? EXT SCHEME OF EVALUATIO N Under porter’s framework, enterprises have 4 generic strategies available to them Lower cost a. Broad Target b. Narrow target Differentiation QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 156300 QUESTION_TEXT Discuss few disadvantages of MIS. SCHEME OF EVALUATION ANS: The following are some of the disadvantages of MIS: 1. MIS is highly sensitive: MIS is very helpful in maintaining and logging the information of an authorized user. This needs to be monitored constantly. (2 marks) 2. Quality of outputs is governed by quality of inputs. (1 mark) 3. MIS budgeting: There is difficulty in maintaining indirect cost and overheads. Capturing the actual cost needs to have an accrual system having true costs of outputs which is extremely difficult. It has been difficult to establish definite findings. (2 marks) 4. 5. 6. MIS is not flexible to updating itself to changes. (1 mark) The changes in the decisions of top level management decrease its effectiveness. ( 2 marks) Information accountability is based on qualitative factors and factors like morality, confidence or attitude will not have any base. (2 marks)