Correct Answer:- Option-D

Question97:-Which of the following is true with regard to management Information
System (MIS)

(|) MIS is a system which subserves managerial functions

(11) MIS collects information systematically and routinely

(II) MIS supports planning and control decisions

(IV) MIS does not include files, hardware, software and operations research
modules.

A:-Statements | and Il are correct
B:-Statements |, Il and Ill are correct
C:-Statements III and IV are correct
D:-All the above statements are correct
Correct Answer:- Option-B

Question98:-Which of the following is true regarding supply chain management?

(|) Supply chain is the process which helps the organization to develop and deliver
products

(11) Supply chain management involved all aspects of interactions of an
organization with its customers

(II) Supply chain management manages the flow between different stages to
maximize productivity and minimize stock outs and over stocking

(IV) Supply chain management is a software application that helps the
organization to integrate various functions

A:-Statements III and IV are correct
B:-Statements | and III are correct
C:-Statements Il and IV are correct
D:-Statement | and II are correct
Correct Answer:- Option-B

Question99:-Which process can be seen as the counter part of the quote-to-cash
process in the context of B2B interactions

A:-Procure-to-pay process
B:-Order-to-cash process
C:-Quote-to-order process
D:-Issue-to-resolution process
Correct Answer:- Option-A

Question100:-Which of the following statements are correct with respect to
E-commerce

(|) E-commerce involves process of transacting business over the internet

(11) E-commerce involves fundamental re-engineering of the business model into
an internet based networked enterprise

(111) E-commerce provides a fundamental solution to the problem of diminishing
profit margin

(IV) Initial set up cost is much lower and maintenance cost is minimal in case of
E-commerce