CS507 – MF-2010
Paper 3
Small organizations usually have complex management structure.
True
False
A hierarchical organization is structured in a way such that every entity in the organization, except one, is subordinate to a single other entity.
True
False
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
Cheaper factor of production is a challenge for the survival of a company in which of the following market?
Super market
Online Market
Competitive market
Closed system is dependent on the internal resources and data.
True
False
----------is a type of computer software that facilitates group decision-making within an organization
DSS
MIS
CRM software requires highly integrated environment for high ---------------, which is rarely available.
Productivity
Marketing
Operational level is formulation of new sales products, and identifying new sales opportunities
True
False
The departmental structures are same in banking and financial sector.
True
False
Which of the following phase of decision making process involves implementing the selected course of action?
Intelligence
Design
Choice
Implementation
Companies are investing in data-driven decision support application frameworks to help them respond to
• Changing market conditions
• Customer needs
TRUE
FALSE
DSS can be used to simulate the consequences of each alternative generated.
TRUE
FALSE
MIS is the primary source for the managers to be aware of red-alerts.
TRUE
FALSE
_________ is connected to its environment by means of recourse of flows.
Open loop system
Close system
Open system
_______ is not connected with environment.
Closed Loop System
Close system
Open system
Closed System depends on __________ and data.
Internal resources
External resources
Procedures.
Feed back is the integral part of the _______
Open system
Close System
Closed Loop System
_________ sources are used, which simplify the process of finding the proximity Literature.
Secondary
Primary
Tertiary
A problem solving technique that decomposes a system into its component pieces for the purpose of studying, how well those component parts work and interact to accomplish their purpose is called:
System Analysis
System Requirements
Risk Management
Risk Analysis
Evaluate recovery patterns, relevant costs involved is an example of monitoring
TRUE
FALSE
What do we mean by cognitive process? 2
Identify the purpose of Feasibility study. 2
Define basic goals of Computer Integrated Manufacturing (CIM) . 3
What do you understand by ERD? Define briefly 3
Discuss benefits of MRP II? 5
Compare the advantages and disadvantages of Prototyping? 5
