Challenges before an E-Business Management from MB0031 Assignment of SMU MBA

The question is related to “Explain the challenges before an e-business management.” The question is also related to MBA Assignments of Sikkim Manipal University. You already have gotten Development of MIS for an Organization, Value Chain in MIS, Classification of Information and Decision Support Systems assignment questions of SMU MBA. Now, I have decided to share an assignment about “Explain the challenges before an e-business management.”

The scope of E-business is limited to executing core business process of the organization. The process would have external interface life suppliers, customers, contractors, consultants and so on. The core business process of the organization is procurement, manufacturing, selling, distribution, delivery and accounting. These core process are best run by application packages like enterprise definition is made wider including customer, suppliers and distributors, application package like supply chain management (SCM) is best suited for planning and execution of entire business process.

In addition to these core business process, organizations use internet enabled systems and other technologies to handle these process more effectively. Transaction processing workflow, work group and process control applications are the backend support systems to main ERP/SCM enterprise management systems.

E-business systems scope manages cross-functional application systems as a single business process. It integrates cross functions seamlessly, automates the tasks, and updates the information is real time the ERP/SCM and now customer Relations management system (CRM) is a family of software solution packages dedicated to care management of functions of business. They are supported by front-end and back-end systems and applications designed for transaction processing. Work flow management, work group processing and automated process control, E-business systems use client/server architecture and run an internet platform. E-business systems lay foundation for other Enterprise applications, namely E-commerce, E-communications, and E-collaboration.

In Accounting and finance system, IT application is very strong. E-business applications in this area are capable of accounting every business entity such as material, men, machines, cash, customer, vendor and so on, all process which deal with transaction, computing, accounting and analysis are automated using system intelligence and knowledge driver intelligent systems.

Planning of MIS and Development of Management Information Systems for an Organization from MB0031

It is a solved assignment of MIS for MB0031 of SMU MBA. The question is related to “What is the significance of quality in planning and development of MIS for an organization?” We already have explained about SIS for a Manager, Value Chain in MIS, Classification of Information and Decision Support Systems. Now, I am going to share an assignment about “Planning of MIS and Development of Management Information Systems.”

Planning of information systems:

Many organizations have purchased computers for data processing and for meeting the statutory requirements of filling the returns and reports to the government. Computers are used mainly for computing and accounting the business transactions and have not been considered as tool for information processing.

The organizations have invested on computers and expanded its use by adding more or bigger computers to take care of the numerous transactions in the business. In this approach, the information processing function of the computers in the organization never got its due regard as an important asset to the organization. In fact, this function is misinterpreted as data processing for expeditious generation of reports and returns, and not as information processing for management action and decisions.

However, the scene has been changing since late eighties when the computers become more versatile, in the function of storage, communication, intelligence and language. The computer technology is so advanced that the barriers of storage, distance understanding of language and speed are broken.

In short, we need a management information system flexible enough to deal with the changing information needs of the organization. It should be conceived as an open system continuously interacting with the business environment with a built-in mechanism to provide the desired information as per the new requirements of the management. The designing as such in open system is a complex task. It can be achieved only if the MIS is planned, keeping in view, the plan of the business management of the organization.

Development of information systems:

Once the plan of MIS is made, the development of the MIS calls for determining for the strategy of development. As discussed earlier, the plan consists of various systems and sub systems. The development strategy determines where to begin and what sequence the development can take place with the sole objective of assuring the information support.

The choice of the system or the sub-system depends on its position in the total MIS plan, the size of the system, the user understands of the systems and the complexity and its interface with other systems. The designer first develops systems independently and starts integrating them with other systems, enlarging the system scope and meeting the varying information needs.

Determining the position of the position of the system in the MIS is easy. The real problem is the degree of structure, and formalization in the system and procedures which determine the timing and duration of development of the system.

Background about Strategic Information Systems and Uses of SIS for a Manager from MB0031

Get solved assignment of Management Information Systems for MB0031 of SMU. The question is related to “Write in detail the background about strategic information systems. How is it helpful to a manager? Give relevant examples.” We already have explained about Value Chain in MIS, Classification of Information and Decision Support Systems.

The growth of information system and technology during the last 2 decades has been phenomenal. During this growth, many branches evolved in the information science. One such branch is strategic IS. It is mainly concerned with providing and organization and its members an assistance to perform the routine tasks effectively. One of the major issue before any, organization is the challenge of meeting its goals and objectives. Strategic IS enabling such organization in realizing their goals. Strategic Information System (SIS) is a support to the existing system and helps in achieving a competitive advantage over the organization competitors in terms of is objectives.

This unit deals with critical aspects of the strategic information system. This unit indicates the theoretical concepts and the way in which the same are realized in practice. The flow of the unit is in such a way that it starts which the development of contemporary theory about strategic uses of corporations internal information systems leading to systems which transcend the boundaries of particular organizations. The process whereby strategic information systems are created or identified is then examined.

A number of weaknesses in the existing body of theory are identified, and suggestions made as to directions in which knowledge is or may be progressing. Strategic information systems are concerned with systems which contribute significantly to the achievement of an organization’s overall objectives. The body of knowledge is of recent origin and highly dynamic and the area have an aura of excitement about it. The emergency of the key idea, the process whereby strategic information systems come into being is assessed, areas of weakness are identified and directions of current and future development suggested.

Information system is regarded as a tool to provide various services to different management functions. The tools have been developing year by year and different management application of the tool has become more and more diverse. In management it is now a very power means to manage and control various activities and decision making process. The original idea of automating mechanical process got quickly succeeded by the rationalization and integration of systems. In both of these forms, IS was regarded primarily as an operational support tool, and secondarily as a service to management. Subsequent to the development, it was during the last few years that an additional potential was discovered.

It was found that, in some cases, information technology (IT) had been critical to the implementation of an organisation’s strategy. An organisation’s strategy supported by information system fulfilling its business objectives came to be known as strategic information system. The strategic information system consists of functions that involved gathering. Maintenance and analysis of data is concerned with internal resources and intelligence about competitors, suppliers, customers’ government and other relevant organizations.

Decision Support Systems and Example of a Computerized Restaurant for MB0031 Assignment

This is the Management Information Systems MBA assignment for MB0031 of SMU. The question is related to “Explain the decision support systems in detail. Consider the example of a computerized restaurant to illustrate your answer.” We already have explained about Value Chain in MIS and Classification of Information.

Business decisions are those, which are made in the process of conducting business to achieve its objectives in a given environment. In concept, whether we are looking about business decision or any other decision, we assume that the decision-maker is a rational person.

The major characteristics of the business decision-making are:

a) Sequential in nature.
b) Exceedingly complex due to risks and trade offs.
c) Influenced by personal values
d) Made in institutional settings and business environment.

The business decision-making is sequential in nature. In business, the decision is not isolated events. Each of them has a relation to same other decision or situation. The decision may appear as “snap” decision but it is made only after a long chain of developments and a series of related earlier decisions.

The decision-making process is a complex process in the higher hierarchy of management. The complexity is the result of many factors, such as the inter-relationship among the experts or decision-makers, a job responsibility, a question of feasibility, the codes of morals and ethics, and probable impact and business.

The personal values of the decision-maker play a major role in decision-making. A decision otherwise being very sound on the business principle and economic rationality may be rejected on the basis of the personal values, which are defeated if such a decision is implemented. The culture, the discipline and the individual’s commitment to goals will decide the progress and success of the decision.

Whatever may be situation, if are analyses the factors under laying the decision-making process, it would be observed that there are common characteristics in each of them. There is a definite method of arriving at a decision; and it can be put in the form of decision process mode.

The decision-making process required creativity, imagination and a deep understanding of human behaviour. The process covers number of tangible and intangible factors affecting the decision-making process. It also requires a foresight to predict the post-decision implications and a willingness to face those implications. All decision solves a ‘problem’ but over a period of time they give rise to a number of other ‘problems’.