Data mining is the process of extracting maximum information from a data set and converting it into meaningful observation
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Information System for Mangers
Q1. A company designs and
manufactures modular microwave communication systems and exports them to the
USA, Europe, and Mainland China. On the one hand, the existing system limited
the company’s operating efficiency, caused much duplication of effort, and
confused the business processes. On the other hand, the sales cycle of export and
the need to maintain good customer service in the highly dynamic business
environment put increasingly heavy pressure on the company. In order to
maintain its competitiveness, the top management announced the launch of a
series of projects including the adoption of an ERP system and the
re-engineering of the complex business process to enhance the effectiveness of
its global logistics and provide quick responses to customer demands. You have
been appointed as a consultant to this company. How will you try to ensure
smooth implementation of such ERP software and what criteria will you keep in
mind during the selection of the ERP vendor for this company? (10 Marks)
Q2. The use of information
technology (IT) is considered a prerequisite for the effective control of
today's complex supply chains. With the help of an example, explain how a
company like Apple or Mc Donald’s manages its global supply chain with the help
of Information systems. (10 Marks)
Q3. a. Retailer’s build long
lasting relationship with their customers to ensure repeat store visits, brand
loyalty and ultimately sales conversions. With an example from the retail
sector, explain how information systems play an important role in managing your
customers. (5 Marks)
b. Data mining is the process of
extracting maximum information from a data set and converting it into
meaningful observation for further application. With the help of an example,
explain how data mining is used by a bank to its benefit. (5 Marks)
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