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MIDTERM SOLVED PAPER



Question No: 1 ( Marks: 1 ) - Please choose one

Elements that exist outside the boundary of the business (Organization) and have the potential to affect all or part of the organization called-----------------------------

► WTO

► Company Ordinance

► Business Environment

► Company Structure

Question No: 2 ( Marks: 1 ) - Please choose one

Every system comprises of basic components which in a co-ordination formulate a system.

► True

► False

Question No: 3 ( Marks: 1 ) - Please choose one

Data warehouses are generally batch updated at the end of the day, week or some period.

► True

► False

Question No: 4 ( Marks: 1 ) - Please choose one

Due to fluctuating changes in fashion trends, pre-seasonal planning becomes---------

► Critical

► Simple

► Moderate

Question No: 5 ( Marks: 1 ) - Please choose one

Information systems based on Rational Man Model need to be based on availability of perfect and complete information on all alternatives so as to ensure certainty

► True

► False

Question No: 6 ( Marks: 1 ) - Please choose one

In which of the following Models it is Difficult to convince some customers that the evolutionary approach is controllable

► Spiral

► WaterFall

► Incremental

► Iterative

Question No: 7 ( Marks: 1 ) - Please choose one

WaterFall model places emphasis on documentation (such as requirements documents and design documents) as well as source code.

► True

► False

Question No: 8 ( Marks: 1 ) - Please choose one

Computer-aided manufacturing (CAM), is a form of automation where computers communicate work instructions directly to the manufacturing machinery.

► True

► False

Question No: 9 ( Marks: 1 ) - Please choose one

Which of the following is a form of automation where computers communicate work instructions directly to the manufacturing machinery?

► CAD

► CAM

► CIM

Question No: 10 ( Marks: 1 ) - Please choose one

Using a decision support system involves an interactive analytical modeling process.

► TRUE

► FALSE

Question No: 11 ( Marks: 1 ) - Please choose one

Directories are example of __________ resource.

► Primary

► Secondary

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► Tertiary

Question No: 12 ( Marks: 1 ) - Please choose one

_______ is the raw data entered in the computer system.

► Input element

► Control Mechanism

► Output System

Question No: 13 ( Marks: 1 ) - Please choose one

Feed back is the integral part of the _______

► Open system

► Close System

► Closed Loop System

Question No: 14 ( Marks: 1 ) - Please choose one

Spoken and written form of an entity is used in _________ model.

Physical ►

Narrative ►

Graphical ►

Question No: 15 ( Marks: 1 ) - Please choose one

------------------ combines many human resource functions like benefits administration, payroll, recruiting and training etc.

► Human Resource Information System

► Account Information System

► Financial Information System

Question No: 16 ( Marks: 1 ) - Please choose one

In which of the following decisions the problems are non routine, critical and novel in nature, require individual judgment, evaluation and insight varying on case-to-case basis.

► Semi-Structured decisions

► Unstructured decisions

► Structured decisions

Question No: 17 ( Marks: 1 )

Give any example that is basically a primary source but is also a secondary

source too.

A good example of this source is Newspaper articles.

Question No: 18 ( Marks: 1 )

Define TQM?

TQM is a set a philosophy and style of management that gives everyone in an organization responsibility for delivering quality to the customer.

Question No: 19 ( Marks: 2 )

Identify the Characteristics of the Incremental Model

There are the following characteristics of the Incremental Model.

1. Once an incremented portion is developed, requirements for that increment are frozen.

2. Partial systems are successively built to produce a final total system.

3. Highest priority requirements tackled early on.

4. The system development is broken into many mini development projects.

Question No: 20 ( Marks: 3 )

What are the information requirements for Management level in Accounting & financial Information Systems.

There are two systems used for this purpose which are the following.

Accounting information system: This system shares all accounting reports at different levels of management.

Financial Management Information System: This system provides financial information to managers in an organization. Based on these reports, managers analyze historical and current financial activity, and also project future financial needs. It is also used for monitoring and controlling the use of funds over time using the information developed by the MIS department. Professional MIS reports are made by accounting firms for accurate analysis. These reports are comprehensive and help the middle and top management take important decisions regarding the finance, accounting and overall business operations.

Question No: 21 ( Marks: 5 )


What should be the basic characteristics of paper free environment?

The basic characteristics of Paper Free Environment are as following.

1. It makes easy payments made through Electronic payment system.

2. As we know Information overload enhances paper work.

3. Report generation and record analysis gets convenient and easy.

4. An IS/CBIS should be efficient enough to properly manage of documents electronically.

5. Maintenance of records in hard form has always proven to be a cumbersome task.

6. Customer orders met through Virtual Private Networks and intranets.

Question No: 22 ( Marks: 10 )

What are the management styles? Discuss in details.

There are the following 3 basic types of Management Styles

1. Authoritative

2. Participative

3. Mixed

1. Authoritative

In this style of management authoritarian manager makes all the decisions, keeping the information and decision making among the senior management. Objectives and tasks are set and the workforce is expected to do exactly as required. The communication involved with this method is mainly downward, from the leader to the sub-ordinate critics. The main advantage of this style is that the direction of the business will remain constant, and the decisions will all be similar, this in turn can project an image of a confident, well managed business. On the other hand, subordinates may become highly dependent upon the leaders and supervision may be needed. Decisions are taken centrally by the senior management themselves and are enforced at all levels.

2. Participative

This is also called Democratic style. In this style the manager allows the employees to take part in decision-making so everything is agreed by the majority. The communication is extensive in both directions. This style can be particularly useful when complex decisions need to be made that require a range of specialist skills.

3. Mixed

The style of management is a combination of both authoritative and participative style. In this type the Input from employees is taken and respected. Final decision is taken by the senior management keeping in view the views given by the employees