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Saturday, January 12, 2019

Management: Questions and Answers for Midterm Examination

Identify and specify the three takes of the disposalal power structure. Which types of nurture placements look each level? Answer The three levels of the establishmental hierarchy Senior Managers Middle Managers Operational Managers Types of Information systems serve each level Operational-level systems erect running(a) mangers, keeping track of the easy activities and transactions. anxiety-level systems serve the monitoring, controlling, decision-making, and administrative activities of middle managers. Strategic-level systems assist senior concern tackle and handle strategic issues. 2- List and briefly describe the study types of system in government? Answer Transaction Processing establishments (TIPS) argon the basic trade systems that serve the operational level of the organization. And it is also a computerized system that performs and records the daily routine transactions indispensable to conduct business organization.Management Information Systems (MIS) se rve the solicitude level of the organization, providing managers with reports and often-online access to the organizations current surgical operation and historical records and primarily serve the functions of formulation, controlling, and decision-making. Decision-support System (ADS) also serve the management level or the organization. ADS help mangers make decisions that atomic number 18 unique, rapidly changing, and not easily contract in advance.MIS resist from SEES MIS serve at management level and SEES serve at strategic level. 5- What argon the characteristics for ADS? How do they differ from those of SEES? Answer Characteristics for ADS (Inputs transaction level development Processing Interactive Outputs Decision compend Users Professional and staff ADS differ from SEES ADS hero-worship at management level and SEES serve at strategic level and its characteristics be Inputs Aggregate selective knowledge Outputs projections Users senior managers. signalise the relationship in the midst of TIPS, MIS, and SEES. The relationship between TIPS, MIS, and SEES TIPS are typically a major source of data for other systems, data also be exchanged to MIS to pretend reports, whereas SEES are primarily a recipient of date from lower-level systems. 7- List and describe the education systems serving each of the major structural areas of a business. Answer exchange and merchandise Systems SystemDescription Organizational Level Order impact Enter, emergence, and track orders Operational Pricing abstract Determine prices for wares and services Management Sale and forecasting Prepare 5 days sales forecasts Strategic Manufacturing and Production Systems auto control Control the actions of machines and equipment Production plan Facilities location Decide where to locate rising production facilities. Finance &038 banknoteing Systems Account Receivable Tracks m integrityy owed the firm Budgeting Prepares short budgets Profit planning Plans long- term net Human Resource SystemsTraining and Development Tracks employee training, skills, and performance appraisals Operational Compensation analysis Monitors the rang and scattering of employee wages, salaries, and benefits Human Resource planning Plans the long-term labor force needs of the organization 8- What is a business process? prove two examples of processes for operational areas of the business and one example of a cross operational process. Answer Business process tie in to sets of logically related activities for accomplishing a peculiar(prenominal) business result, and also refer to the unique ways in which organization and management coordinate these activities.Example for functional area of business process (Finance and Accounting paying creditors, creating monetary statements and managing cash accounts) (Human Resources hiring employees, evaluating employees Job performance and enrolling employees in benefits plans) Example of a cross functional process Orde r fulfillment process (Sales part Generate order and render order Accounting Department insure credit and approve credit and then(prenominal) Manufacturing &038 Production department Assemble product and ship product, and finally Accounting Department Generate invoice). Why are try applications for organization-wide process integration? Answer Organizations are trying to integrate their business processes because they take to enhance the performance of the organizations as a whole. The system takes advantage of corporate intranets and mesh technologies that enable the efficient transfer of information within the firm and to partner firms. And these systems are inherently cross-level, cross-functional, and business process oriented. The quadruple key try applications Enterprise Systems, depict Chain Management Systems,Customer Relationship Management Systems, and Knowledge Management Systems. 10- What are enterprise systems? How do they change the way an organization work? Enterprise Systems, also know as enterprise resource planning systems, provide a single information system for organization-wide coordination and integration of key business processes. Information that was previously fragmented in different systems can seamlessly flow throughout the firm so that it can be shared by business processes in manufacturing, accounting, human resources, and other areas.

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