MBA 703 TEST PAPER ANSWERS AND QUESTIONS
SET A+
✔✔Applications for the Enterprise - ✔✔1. Enterprise Resource Planning (ERP) system
2. Customer Relationship Management (CRM)
3. Supply Chain Management (SCM)
4. business intelligence (BI) systems
✔✔supply chain (simple definition) - ✔✔The linkage between an organization's
suppliers, its manufacturing facilities, and the distributors of its products. Each link in the
chain has a
multiplying effect on the complexity of the process. Information flows in both directions
in a supply chain
✔✔Supply Chain Management (SCM) - ✔✔Systems that can help a firm manage
aspects of its value chain, from the flow of raw materials into the firm, through delivery
of finished products and services at the point-of-consumption.
system handles the interconnection between these links in the supply chain as well as
the inventory of the products in their various stages of development
✔✔"cloud" - ✔✔applications, services, and data storage located on the Internet
✔✔How have businesses responded to a growth in smartphone sales? - ✔✔Businesses
have adjusted to this trend by increasing
their investment in the development of apps for mobile devices
✔✔Cloud Computing - ✔✔the practice of using a network of remote servers hosted on
the Internet to store, manage, and process data, rather than a local server or a personal
computer.
✔✔Advantages of Cloud Computing - ✔✔1. No software to install or upgrades to
maintain.
2. Available from any computer that has access to the
,Internet.
3. Can scale to a large number of users easily.
4. New applications can be up and running very quickly.
5. Services can be leased for a limited time on an as-needed basis.
6. Your information is not lost if your hard disk crashes or your laptop is lost or stolen.
7. You are not limited by the available memory or disk space on your computer
✔✔Disadvantages of Cloud Computing - ✔✔1. Your information is stored on someone
else's computer.
2. You must have Internet access to use it.
3. You are relying on a third-party to provide these services.
✔✔Private Cloud - ✔✔serves only one customer or organization and can be located on
the customer's premises or off the customer's premises.
The organization has full control over that server
space while still gaining some of the benefits of cloud computing.
✔✔Virtualization - ✔✔the process of using software to simulate a
computer or some other device.
E.g. single physical computer can perform the functions of several virtual computers,
usually referred to as Virtual Machines (VMs).
✔✔Programming langugae - ✔✔consists of a set of commands and syntax that can be
organized logically to execute specific functions.
a programmer writes a program (known as source
code) that can then be compiled into machine-readable form, the ones and zeroes
necessary to be executed by the CPU
✔✔closed source - ✔✔any proprietary software licensed under exclusive legal right of
the copyright holder
✔✔Open Source - ✔✔refers to any software whose source code is made available free
for any third party to review and modify
✔✔Risk of Open Source Programs - ✔✔Many businesses are wary of open-source
software precisely because the code is available for anyone to see. They feel that this
increases the risk of an attack. Others counter that this openness actually decreases
the risk because the code is exposed to thousands of programmers who can
incorporate code changes
to quickly patch vulnerabilities.
, ✔✔Operating system - ✔✔provides a common set of controls for managing computer
hardware, making it easier for users to interact with computers and for programmers to
write application software.
✔✔User Interface (UI) - ✔✔controls how you enter data and instructions and how
information is displayed on the screen
✔✔How to operating systems help programmers - ✔✔designed to give programmers a
common set of commands to consistently interact with the hardware. These commands
make a programmer's job easier by reducing program complexity and making it faster to
write software while minimizing the possibility of errors in code
A good OS and software development platform can catalyze network effects
✔✔firmware - ✔✔Software that is permanently stored in a chip (non-volatile memory).
The BIOS on a motherboard is an example of firmware.
EX: OS in an iPod, mobile phone, or your TV's set-top box is most likely stored as
firmware. Your PC also has a tiny bit of firmware that allows it to do very basic functions
like start-up (boot) and begin loading its operating system from disk.
✔✔embedded systems - ✔✔Special-purpose computer systems designed to perform
one or a few dedicated functions, and are frequently built into conventional products like
cars, air conditioners, and elevators.
Often stored as firmware too.
✔✔Operating systems are designed to create a - ✔✔platform so that programmers can
write additional applications, allowing the computer to do even more useful things.
✔✔Operating systems _________________________, application software
_____________________________________ - ✔✔control the hardware; perform the
work that users and firms are directly interested in accomplishing.
✔✔Desktop Software - ✔✔Applications installed on a personal computer, typically
supporting tasks performed by a single user.
✔✔Enterprise Software - ✔✔applications that address the needs of multiple,
simultaneous users in an organization or work group.
✔✔software package - ✔✔A software product offered commercially by a third party.
✔✔Enterprise Resource Planning (ERP) - ✔✔a suite of applications called modules, a
database, and a set of inherent processes for consolidating business operations into a
single, consistent, computing platform
SET A+
✔✔Applications for the Enterprise - ✔✔1. Enterprise Resource Planning (ERP) system
2. Customer Relationship Management (CRM)
3. Supply Chain Management (SCM)
4. business intelligence (BI) systems
✔✔supply chain (simple definition) - ✔✔The linkage between an organization's
suppliers, its manufacturing facilities, and the distributors of its products. Each link in the
chain has a
multiplying effect on the complexity of the process. Information flows in both directions
in a supply chain
✔✔Supply Chain Management (SCM) - ✔✔Systems that can help a firm manage
aspects of its value chain, from the flow of raw materials into the firm, through delivery
of finished products and services at the point-of-consumption.
system handles the interconnection between these links in the supply chain as well as
the inventory of the products in their various stages of development
✔✔"cloud" - ✔✔applications, services, and data storage located on the Internet
✔✔How have businesses responded to a growth in smartphone sales? - ✔✔Businesses
have adjusted to this trend by increasing
their investment in the development of apps for mobile devices
✔✔Cloud Computing - ✔✔the practice of using a network of remote servers hosted on
the Internet to store, manage, and process data, rather than a local server or a personal
computer.
✔✔Advantages of Cloud Computing - ✔✔1. No software to install or upgrades to
maintain.
2. Available from any computer that has access to the
,Internet.
3. Can scale to a large number of users easily.
4. New applications can be up and running very quickly.
5. Services can be leased for a limited time on an as-needed basis.
6. Your information is not lost if your hard disk crashes or your laptop is lost or stolen.
7. You are not limited by the available memory or disk space on your computer
✔✔Disadvantages of Cloud Computing - ✔✔1. Your information is stored on someone
else's computer.
2. You must have Internet access to use it.
3. You are relying on a third-party to provide these services.
✔✔Private Cloud - ✔✔serves only one customer or organization and can be located on
the customer's premises or off the customer's premises.
The organization has full control over that server
space while still gaining some of the benefits of cloud computing.
✔✔Virtualization - ✔✔the process of using software to simulate a
computer or some other device.
E.g. single physical computer can perform the functions of several virtual computers,
usually referred to as Virtual Machines (VMs).
✔✔Programming langugae - ✔✔consists of a set of commands and syntax that can be
organized logically to execute specific functions.
a programmer writes a program (known as source
code) that can then be compiled into machine-readable form, the ones and zeroes
necessary to be executed by the CPU
✔✔closed source - ✔✔any proprietary software licensed under exclusive legal right of
the copyright holder
✔✔Open Source - ✔✔refers to any software whose source code is made available free
for any third party to review and modify
✔✔Risk of Open Source Programs - ✔✔Many businesses are wary of open-source
software precisely because the code is available for anyone to see. They feel that this
increases the risk of an attack. Others counter that this openness actually decreases
the risk because the code is exposed to thousands of programmers who can
incorporate code changes
to quickly patch vulnerabilities.
, ✔✔Operating system - ✔✔provides a common set of controls for managing computer
hardware, making it easier for users to interact with computers and for programmers to
write application software.
✔✔User Interface (UI) - ✔✔controls how you enter data and instructions and how
information is displayed on the screen
✔✔How to operating systems help programmers - ✔✔designed to give programmers a
common set of commands to consistently interact with the hardware. These commands
make a programmer's job easier by reducing program complexity and making it faster to
write software while minimizing the possibility of errors in code
A good OS and software development platform can catalyze network effects
✔✔firmware - ✔✔Software that is permanently stored in a chip (non-volatile memory).
The BIOS on a motherboard is an example of firmware.
EX: OS in an iPod, mobile phone, or your TV's set-top box is most likely stored as
firmware. Your PC also has a tiny bit of firmware that allows it to do very basic functions
like start-up (boot) and begin loading its operating system from disk.
✔✔embedded systems - ✔✔Special-purpose computer systems designed to perform
one or a few dedicated functions, and are frequently built into conventional products like
cars, air conditioners, and elevators.
Often stored as firmware too.
✔✔Operating systems are designed to create a - ✔✔platform so that programmers can
write additional applications, allowing the computer to do even more useful things.
✔✔Operating systems _________________________, application software
_____________________________________ - ✔✔control the hardware; perform the
work that users and firms are directly interested in accomplishing.
✔✔Desktop Software - ✔✔Applications installed on a personal computer, typically
supporting tasks performed by a single user.
✔✔Enterprise Software - ✔✔applications that address the needs of multiple,
simultaneous users in an organization or work group.
✔✔software package - ✔✔A software product offered commercially by a third party.
✔✔Enterprise Resource Planning (ERP) - ✔✔a suite of applications called modules, a
database, and a set of inherent processes for consolidating business operations into a
single, consistent, computing platform
