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This particular Assignment references the syllabus chosen for the subject of Financial Management, for the January 2023 - July 2023 session. The code for the assignment is MS-07 and it is often used by students who are enrolled in the MBA (MS) Degree.
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1. “An operating system is a set of computer programs that control the computer hardware and acts as an interface with the application programs.” Comment on the statement.
2. “The value of information is measured in terms of benefits to the organization”. Explain, in view of the statement, the value and cost of information.
3. “Microsoft Business Solutions offers integrated business applications for small and mid-sized organizations and divisions of large enterprises as well.” Comment on the statement.
4. “The traditional system life cycle divides the project into a series of steps, each of which has distinct deliverables, such as documents or computer programs.” In view of the statement, explain the system development life cycle (SDLC) in brief.
5. “Metadata in a data warehouse is similar to the data dictionary in the context of a Database.” Comment on the statement
1. Explain the difference between commercial software, shareware, open source software, freeware and public domain software.
2. What are various ways of assessing the value of information? Explain each method briefly?
3. Computers are often referred to as ‘number crunchers’. Evaluate the statement in the context of financial planning.
4. In which phase of system life cycle the following are performed? Defining the problem, identifying its causes, specifying the solution, and identifying the information requirements.
5. In the context of a data warehouse:
(a) What is a concept hierarchy?
(b) What do you mean by factual information?
(c) What is a snowflake schema?
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