Reference no: EM13956355
1-Please read chapter 2 slides all.2-Answer all review questions below. Not more than 10 lines are needed for every question. Read theebook to support your knowledge.
Review Questions
1. What are business processes? How are they related to information systems?
2. Define business processes and describe the role they play in organizations.
3. How do systems serve the different management groups in a business and how do systems that link the enterprise improve organizational performance?
4. Describe the characteristics of transaction processing systems (TPS) and the roles they play in a business.
5. Describe the characteristics of management information systems (MIS) and explain how MIS differ from TPS and from DSS.
6. Describe the characteristics ofdecision-support systems (DSS) and how they benefit businesses.
7. Describe the characteristics of executive support systems (ESS) and explain how these systems differ from DSS.
8. Explain how enterprise applications improve organizational performance.
9. Define enterprise systems, supply chain management systems, customer relationship management systems, and knowledge management systems and describe their business benefits.
10. Why are systems for collaboration and social business so important and what technologies do they use?
11. Define collaboration and social business and explain why they have become so important in business today.
12. Describe a supportive organizational culture and business processes for collaboration.
13. List and describe the various types of collaboration andsocial business tools.
Problem regarding the recovery of the amount
: The son passed the examination in the first attempt, but father failed to pay the amount as promised. Son files a suit for recovery of the amount. State along with reasons whether son can recover the amount under the Indian Contract Act 1872
|
Maker of a leading brand of low-calorie microwavable
: Questions 1 through 5 are based on the following scenario (adapted from Chapter 5 demand estimation question number 3, p.163)The maker of a leading brand of low-calorie microwavable food estimated the following demand equation for its product using..
|
Using decision-tree analysis
: The Karns Company is deciding whether to drill for oil on a tract of land the company owns. The company estimates the project would cost $8 million today. Karns estimates that, once drilled, the oil will generate positive net cash flows of $4 million..
|
What are business processes
: 1. What are business processes? How are they related to information systems? 2. Define business processes and describe the role they play in organizations.
|
What are the pros and cons of option
: The CEO of Merit Corporation reviewed the company’s business records. Business had been brisk for the last two years, and the board of directors wants to dramatically expand the company's production capacity. What are the pros and cons of Option 1? W..
|
Suppose that a recently-healthy firm has just defaulted
: Suppose that a recently-healthy firm has just defaulted, has been liquidated, and where the firm's assets were worth $100 million before the liquidation. the liquidation process racked up a total of $10 million in legal and administrative expenses. P..
|
What is the price of its common stock
: Keystone Corporaton has just paid dividends of $2.50 per share, which the company projects will grow at a constant rate of 4% forever. If Keystone shareholder's require 12% rate of return, what is the price of its common stock? Show you work
|