quiz final #2

Finals Question #2

A company may adopt specific computerized database system according to their unique needs after thorough MIS planning. However, it has to be noted that MIS if properly planned, and implemented, benefits can be immeasurable on the other hand, if this is misused, then it may mean information or financial losses and opportunity and resources wasted.

From this, answer the following.

1.0.a Research one international company from the Internet and describe their MIS strategic plan in 1-2 paragraphs.
ans: BDO Bank-Their professionals work with clients to develop practical solutions to business and policy issues. they do not impose their ideas on clients, but rather assist them in succeeding by paying attention to their particular needs, and providing the relevant expertise for each case. and their specialists have in-depth understanding in a variety of business and functional areas.
However, and ensure that each of their clients deals with a single partner who facilitates the coordination/channeling of services and resources to best meet their needs. In this way, a clients gain direct access to our worldwide specialists and resources, without the difficulties and complexities of having to deal with different individuals or offices. When quoting for our advisory assignments, we first discuss the scope of our work, and agree with our clients the extent of their commitment, and the necessary stages at which they will be reviewing our results. Upon completion of our assignments, we specifically advise our clients on ways of solving their problems.

references:http://www.bdoegypt.com

1.0.b Discuss too the impact of this strategic plan on the company's management,
competitors, customers and the company as a whole.

ans:

A company is like a symphony orchestra, where various sections (departments) must work harmoniously in order to deliver superior results.

A strategic plan is the sheet of music, providing clarity of purpose and aligning work teams in the pursuit of a common set of objectives, to optimize revenue and profit.The challenge in many organizations is that managers struggle with providing linkages between their strategic plan and value drivers that impact profitability. The fundamental issue is that most companies do not have a systematic approach to implementing strategy. Any strategy is only as good as an organization's ability to cascade various strategic initiatives throughout all levels of the enterprise and tie the responsibilities of employees with value driven tasks, activities, and projects that impact revenue and profit.

references:http://www.allbusiness.com/

2.0.a Evaluate how can this strategic plan be applied to any local company in the Philippines.
2.0.b Discuss too the possible effect on the company.

ans:The possible effect of MIS in the company is that it can make better and faster decisions and provides timely and accurate information for decision making. Perhaps if more companies are able to fully integrate the finance, marketing, production and personnel functions into an integrated corporate simulation model, they will be better able to determine the effects that changes in internal or external phenomenon will have on their organization.Aside on it the MIS may providing information to support operations, management and decision making functions in an organization. The system utilizes computers, manual procedures, models for analysis, planning, control and decision making, and a database'.

references: wikipedia.com


3.0.a What is an Accounting Information System?

ans: Accounting Information System
is the system of records a business keeps to maintain its This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information.

references: http://en.wikipedia.org/wiki/Accounting_information_system

3.0.b Identify or list down different accounting information systems used.

ans: Heres the following list of accounting information system used

promote an understanding of the role of corporate accounting information systems in the maintenance, regulation and control of business related resources, develop an appreciation and understanding of the practical issues and organisation problems involved in managing contemporary accounting information systems, promote an understanding of the political contexts of contemporary accounting information systems, deploy systems thinking, control theories, and information theories as an integrated conceptual framework for understanding the contemporary nature of corporate accounting information systems, develop a recognition of the importance of information and communication technology in corporate accounting information systems management, development and design,from architectures, topologies and networks to systems analysis, development and design, Corporate Accounting Information Systems provides students at all levels with a rigorous and lively introduction to the use, analysis and movement of accounting information within the business environment.

references:http://www.pearson.ch/HigherEducation/

3.0.c What are the benefits by the management, users and customers derived from these AIS?

ans: The benefits by the management,users and customer is that to provides vital access to our update and support services. it is also AIS provides two major software releases annually, comprising the latest application library, airport services revisions, revised user manuals, plus documentation describing system enhancements. Interim releases containing system enhancements, new custom work, and other features are installed on the AIS Web site each quarter, and may be downloaded at user discretion. . In this way, users can collectively influence the future direction of MILLENNIA without adversely impacting their fellow clients. MILLENNIA,means that is the result of a five year development cycle that leveraged a feature list garnered from AIS’ wide ranging client base and fueled by AIS' commitment to enhance our programs as technological advances are revealed and the aviation industry continues to serve notice of their growing business requirements.

refernces:http://www.ais-software.com
3.0.d Cite any threat or misuse of these AIS by a specific company. How were the threats addressed? What were the damages?

ans: Cosgrove Computer System, Inc.- has associates in information services development and support, financial analysis and auditing, software security and strategic alliance management. These experts are available on an as-needed basis to accomplish the objectives of any given project in either division.The Damages of it those members has Unacceptable performance or quality ,Disputes involving computers,Key issues involving complex technology and Critical evidence resident in computer which really can give a problem.

references: http://www.hgexperts.com/

final quiz # 5

1. Describe or define virtual Office?

Ans:virtual office is typically a managed telephone answering or email response service that receives and routes telephone or email messages on behalf of a small business and may provide some initial scripted response to a query.

refenrces: wikipedia.com

2. Distinguish Virtual Office from MIS.

ans:virtual office for small businesses are often provided by a business center, in other words, a building offering furnished offices with several services such as receptionist services, phone services, fax services while MIS are used to analyze other information systems applied in operational activities in the organization.

3. Illustrate (give examples) how Virtual Office can improve company's competitive advantage and organizational performance.

ans: It could improve it with have a Sustainable competitive advantage can best be achieved through employee-centered management which encourages widespread participation and contribution of employees in problem-solving and decision-making. which implemented a structured seven-step strategy for improved organization performance through employee-centered management. A significant change in the condition of the human organization resulting from the intervention was shown to be correlated with a 66 percent increase in profitability.

references:http://www.humancapitalinstitute.org/hci/tracks_performance_workforce.guid?_currentTab=_researchTab

quiz # 4 final

Finals Question #4

TOPIC: THE DECISION SUPPORT SYSTEMS (DSS)


1. Describe or define DSS.

Ans: A decision support system (DSS) is a computer program application that analyzes business data and presents it so that users can make business decisions more easily. It is an "informational application" (to distinguish it from an "operational application" that collects the data in the course of normal business operation).

references:http://searchcio.techtarget.com/sDefinition/0,,sid182_gci213888,00.html

2. Distinguish DSS from MIS.

ans: DSS is interactive software-based system intended to help decision makers compile useful information from raw data, documents, personal knowledge or business models to identify and solve problems and make decisions.while MIS are used to analyze other information systems applied in operational activities in the organization.

3. Illustrate (give examples) how DSS can improve company's competitive advantage and organizational performance.

ans: DSS will be improving personal efficiency and reducing staff needs, expediting problem solving and increasing organizational control.The Managers also who want to create a cost advantage should search for situations where decision processes seem slow or tedious and where problems reoccur or solutions are delayed or unsatisfactory.
examples: if we put up a business it should be know the ability of DSS if it is effectively or not in the operation.

quiz # 3

Finals Question #3

Identify and describe one company that adopts an MIS. Include in your discussion, how MIS helps and supports the company, its managers and other employees, in their problem solving and decision-making.

Ans: Information Gateway, Inc. (IG), is the leading wireless content and applications provider in the Philippines, enjoying market share leadership across Globe Telecoms, Smart Communications and Sun Cellular. Â IG offers a wide array of innovative products from mobile entertainment, information and messaging. IG's competitive strength has consistently been its ability to innovate and craft solutions that appeal to the local market,which is the products and services is the most effective of their company.Through MIS helps the Gateway support services include product upgrades and technical support. They will support their clients with on-going services through dedicated Customer Service Representatives and Technical Support Technicians.the decision-making process to support decision makers by providing analysis and modeling tools that can be used to address semi-structured and unstructured problems.

References:http://www.google.com.ph/search?q=how+does+MIS+helps+Information+Gateway,+Incorporation+in+terms+of+decision+making&hl=tl&start=20&sa=N

final quiz # 2

Finals Question #2

A company may adopt specific computerized database system according to their unique needs after thorough MIS planning. However, it has to be noted that MIS if properly planned, and implemented, benefits can be immeasurable on the other hand, if this is misused, then it may mean information or financial losses and opportunity and resources wasted.

From this, answer the following.

1.0.a Research one international company from the Internet and describe their MIS strategic plan in 1-2 paragraphs.
ans: BDO Bank-Their professionals work with clients to develop practical solutions to business and policy issues. they do not impose their ideas on clients, but rather assist them in succeeding by paying attention to their particular needs, and providing the relevant expertise for each case. and their specialists have in-depth understanding in a variety of business and functional areas.
However, and ensure that each of their clients deals with a single partner who facilitates the coordination/channeling of services and resources to best meet their needs. In this way, a clients gain direct access to our worldwide specialists and resources, without the difficulties and complexities of having to deal with different individuals or offices. When quoting for our advisory assignments, we first discuss the scope of our work, and agree with our clients the extent of their commitment, and the necessary stages at which they will be reviewing our results. Upon completion of our assignments, we specifically advise our clients on ways of solving their problems.

references:http://www.bdoegypt.com

1.0.b Discuss too the impact of this strategic plan on the company's management,
competitors, customers and the company as a whole.

ans:

A company is like a symphony orchestra, where various sections (departments) must work harmoniously in order to deliver superior results.

A strategic plan is the sheet of music, providing clarity of purpose and aligning work teams in the pursuit of a common set of objectives, to optimize revenue and profit.The challenge in many organizations is that managers struggle with providing linkages between their strategic plan and value drivers that impact profitability. The fundamental issue is that most companies do not have a systematic approach to implementing strategy. Any strategy is only as good as an organization's ability to cascade various strategic initiatives throughout all levels of the enterprise and tie the responsibilities of employees with value driven tasks, activities, and projects that impact revenue and profit.

references:http://www.allbusiness.com/

2.0.a Evaluate how can this strategic plan be applied to any local company in the Philippines.
2.0.b Discuss too the possible effect on the company.

ans:The possible effect of MIS in the company is that it can make better and faster decisions and provides timely and accurate information for decision making. Perhaps if more companies are able to fully integrate the finance, marketing, production and personnel functions into an integrated corporate simulation model, they will be better able to determine the effects that changes in internal or external phenomenon will have on their organization.Aside on it the MIS may providing information to support operations, management and decision making functions in an organization. The system utilizes computers, manual procedures, models for analysis, planning, control and decision making, and a database'.

references: wikipedia.com

3.0.a What is an Accounting Information System?

ans: Accounting Information System
is the system of records a business keeps to maintain its This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information. And most businesses now use accounting software. In an electronic financial accounting system, the steps in the accounting cycle are dependent upon the system itself. For example, some systems allow direct journal posting to the various ledgers and others do not.

references: http://en.wikipedia.org/wiki/Accounting_information_system

3.0.b Identify or list down different accounting information systems used.

ans: Heres the following list of accounting information system used

promote an understanding of the role of corporate accounting information systems in the maintenance, regulation and control of business related resources, develop an appreciation and understanding of the practical issues and organisation problems involved in managing contemporary accounting information systems, promote an understanding of the political contexts of contemporary accounting information systems, deploy systems thinking, control theories, and information theories as an integrated conceptual framework for understanding the contemporary nature of corporate accounting information systems, develop a recognition of the importance of information and communication technology in corporate accounting information systems management, development and design,from architectures, topologies and networks to systems analysis, development and design, Corporate Accounting Information Systems provides students at all levels with a rigorous and lively introduction to the use, analysis and movement of accounting information within the business environment.

references:http://www.pearson.ch/HigherEducation/

3.0.c What are the benefits by the management, users and customers derived from these AIS?

ans: The benefits by the management,users and customer is that to provides vital access to our update and support services. it is also AIS provides two major software releases annually, comprising the latest application library, airport services revisions, revised user manuals, plus documentation describing system enhancements. Interim releases containing system enhancements, new custom work, and other features are installed on the AIS Web site each quarter, and may be downloaded at user discretion. . In this way, users can collectively influence the future direction of MILLENNIA without adversely impacting their fellow clients. MILLENNIA,means that is the result of a five year development cycle that leveraged a feature list garnered from AIS’ wide ranging client base and fueled by AIS' commitment to enhance our programs as technological advances are revealed and the aviation industry continues to serve notice of their growing business requirements.

refernces:http://www.ais-software.com
3.0.d Cite any threat or misuse of these AIS by a specific company. How were the threats addressed? What were the damages?

ans: Cosgrove Computer System, Inc.- has associates in information services development and support, financial analysis and auditing, software security and strategic alliance management. These experts are available on an as-needed basis to accomplish the objectives of any given project in either division.The Damages of it those members has Unacceptable performance or quality ,Disputes involving computers,Key issues involving complex technology and Critical evidence resident in computer which really can give a problem.

references: http://www.hgexperts.com/

final quiz #1

Finals Question#1

For those who are working, interview your IT in-charge and ask him/her to describe the computer database systems used in the company. Write your answer in 1-2 paragraphs. Further, ask also the benefits and/or disadvantages derived from these database systems.

For those who are not working, research one company in the net who is using computerized database systems. Describe the use and/or nature of these systems and describe too the benefits/disadvantages from these systems. Include your reference.

ans: Dimerco Data System Corporation

Its production and R&D skills and capability have become more mature and flexible. In the area of Finance/Securities, Transportation Management, Distribution/Retailing management, Dimerco has built up a strong presence in the market through its lasting client relationships. In the future, the company will advance into e-commerce and ERP, which will propel the growth of the company further. However, investors must observe the employee turnover rate after the listing of the company and also the negative effects from the recent software stock prices correction in the US market.

disadvantage: the company is competing for bid of large-scale projects against major computer company’s.

references:http://www.masterlink.com.tw/english/new_listing/ddsc.htm

midterm # 3

Midterm Question #3

Internet if properly maximized can be used as a medium to the advantage of the company. However, risks and threats are there. Thus, research the following:

1. Identify the possible risks and threats (eg. virus) that can potentially attack a company with internet connection.

ans: A company will generally have multiple risks associated with them. Equipment failure, theft, or misuse can affect hardware, while viruses, upgrade problems, or bugs in the code may affect software. By looking at the weight of importance associated with each asset, you should then prioritize which assets will be analyzed first, and then determine what risks are associated with each.Once you’ve determined what assets may be affected by different risks, you then need to determine the probability of a risk occurring. While there may be numerous threats that could affect a company, not all of them are probable. This happens more often than you’d expect, especially when you consider that security is a tradeoff. . A company may have broadband Internet connectivity through a T1 line for employees working from computers inside the company, and live with the risk that they may download malicious programs. While this is only one possible situation where a company will live with a potential threat (and gamble that it stays “potential” only), it does show that in some situations, it is preferable to have the threat rather than to lose a particular service.

refernces: http://www.windowsecurity.com/articles/Risk_Assessment_and_Threat_Identification.html

2. Case research and analysis:
2.a Identify one company that had experienced an attacked from the internet.

ans: DoubleClick Inc.- The company that serves up online advertising to hundreds of commercial sites.

2.b Describe the attack.

ans: The attack followed one on four major search engines Monday, but it was not clear whether the two incidents were related.Beginning about 10:30 a.m. yesterday, DoubleClick's Internet servers began to receive a flood of bogus Web page requests, creating a bottleneck that blocked many major sites from displaying ad images.That jam in turn made it difficult for Internet users to reach certain pages at nearly all of the Internet's 40 most-visited Web sites. At the height of the assault, affected Web pages were available less than 25 percent of the time,The DoubleClick attack today appears similar in nature to the assault hackers waged last month against Akamai Technologies, a company that distributes Web content for companies such as Google, Microsoft and Yahoo. In that attack, hackers apparently directed tens of thousands of hijacked computers to overwhelm Akamai's DNS servers, blocking access to many of the company's customers for nearly two hours.The attack on DoubleClick suggests that hackers are beginning to target key Internet pressure points .t

refences: http://www.washingtonpost.com/wp-dyn/articles/A19342-2004Jul27.html

2.c Identify the damages done and the solutions adopted to reverse the damages and to protect the company from future threats.

ans:

(Brand risk) ......Every organization with an identity has a brand that it must manage and protect to survive and prosper. A brand can be embodied in a globally advertised symbol or expressed by the renown of partners in a company that bears their names. However it is projected, the importance of the brand to sustainability of an enterprise has never been greater.The irreparable damage done to a brand owner's business following crisis or catastrophe may substantially outweigh the immediate and visible costs. A risk management framework without proper insight into the role of brand is incomplete.brand equity risk, reputation risk and structural risk.This is because many cases of brand damage result from other operational failures.Understanding your brand and the nature of brand risk is the first step towards protecting your brand from possible failure - and towards improving its value performance in the process.

refences: http://www.marsh.com.au/BrandRisk.htm

Cite your reference.