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    Nov 2018 MTP I

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    forore8904

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    Nov 2018 MTP I

    Uploaded by

    forore8904
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    NOV 2018 MTP I

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    10 views3 pages

    Nov 2018 MTP I

    Uploaded by

    forore8904

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    © All Rights Reserved
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    of 3

    Test Series: August, 2018

    MOCK TEST PAPER – 1


    INTERMEDIATE (IPC): GROUP – II
    PAPER – 7: INFORMATION TECHNOLOGY AND STRATEGIC MANAGEMENT
    SECTION – A: INFORMATION TECHNOLOGY
    Question No. 1 is compulsory.
    Attempt any five questions from the rest.
    Time Allowed – 1½ Hours Maximum Marks – 50

    1. Answer all the following questions in brief.


    (i) What do you understand by the term “Business Process Management (BPM)”?
    (ii) Define the term “Input Devices”.
    (iii) Explain the term “Decentralized Computing”.
    (iv) Briefly define the term “Customer Relationship Management (CRM)”.
    (v) Define “Database Controls” in brief. (2 x 5 = 10 Marks)
    2. (a) As an Auditor, discuss how the Information Technology plays an important role while performing
    their tasks? (4 Marks)
    (b) Discuss Distribution Resource Planning (DRP) and its objectives. (4 Marks)
    3. (a) What do you understand by the term “Network Topology”? Explain Star and Bus network topologies
    and mention their advantages and disadvantages. (4 Marks)
    (b) Discuss Output Controls under Application Controls. (4 Marks)
    4. (a) For any system to qualify as a Transaction Processing System (TPS), transactions made by the
    system must pass the ACID Test. Discuss the ACID Test in detail. (4 Marks)
    (b) Discuss the working of a Client/Server Network. (4 Marks)
    5. (a) The System Implementation phase in System Development Life Cycle (SDLC), either involves
    installation of the new system or conversion of the old system to the new one. Mention the activities
    carried out under the process of conversion. (4 Marks)
    (b) To develop security architecture, discuss the constraints that are taken from the characteristics of
    grid environment and application. (4 Marks)
    6. Write short notes on any four of the following.
    (a) Business functions of the Value Chain
    (b) Object-Oriented Database Management System (OODBMS)
    (c) Network Management
    (d) Data Mining
    (e) MS Office Applications (4 × 2 = 8 Marks)

    © The Institute of Chartered Accountants of India


    7. The manufacturing cost of a producing an item depend on its complexity. A company manufactures three
    different types of item with costs based on the following calculations.
    Item Types 1: Item cost = Parts cost * 2.5
    Item Types 2: Item cost = Parts cost * 3.5
    Item Types 3: Item cost = Parts cost * 5.0
    The company makes 1000 items per day. Considering the item type and parts cost of each item as an
    input, draw a flowchart to print the item cost for each item. (8 Marks)

    © The Institute of Chartered Accountants of India


    SECTION – B: STRATEGIC MANAGEMENT
    Question No.1 is compulsory.
    Attempt any five questions from the rest.
    Time Allowed – 1½ Hours Maximum Marks – 50
    1. (a) You have been hired as a consultant by a company to advise it on factors it need to consider for
    environmental scanning. Explain briefly these factors. (3 Marks)
    (b) “A company should focus on external perspective to define its mission”. Support this statement
    with reasons. (3 Marks)
    (c) What steps would you take to construct a “Strategic Group Map’ for an industry? (3 Marks)
    (d) A Bakery starts producing pastries and other similar products. What type of diversification
    strategy is being following by it and why? (3 Marks)
    (e) ‘Determining an appropriate mix of debt and equity in a firm’s capital structure can be vital to
    successful strategy implementation’. Discuss. (3 Marks)
    2. (a) State with reasons which of the following statements is correct/incorrect:
    (i) Primarily, strategy formulation is an operational process and strategy implementation is an
    intellectual process.
    (ii) Benchmarking and Business Process Reengineering are one and the same. (2  2 = 4 Marks)
    (b) Explain the meaning of the following concepts:
    (i) Joint venture
    (ii) Strategic change
    (iii) Product development (3  1 = 3 Marks)
    3. Write short notes on the following:
    (a) Production system (2 Marks)
    (b) Network structure (2 Marks)
    (c) Value Chain (3 Marks)
    4. What is Strategic Management? What benefits accrue by following a strategic approach to managing?
    (7 Marks)
    5. What do you understand by the term business? Are business done for profit alone. Explain various
    objectives of business. (7 Marks)
    6. Explain the meaning of the following strategies and also give suitable examples:
    (i) Forward Integration
    (ii) Backward Integration
    (iii) Horizontal Integration
    (iv) Conglomerate Diversification
    (v) Divestment
    (vi) Liquidation
    (vii) Concentric Diversification (7 Marks)
    7. What is Six Sigma? How is it different from other quality programs? Explain in brief themes of Six
    Sigma. (7 Marks)

    © The Institute of Chartered Accountants of India

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