INFORMATION TECHNOLOGY (REVISED GUESS QUESTIONS)

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1 INFORMATION TECHNOLOGY (REVISED GUESS QUESTIONS) DISCLAIMER: Dear students, a) Since CA is a professional course it is impossible to predict the questions / problems which may come in the public examination. b) We are not saying that it is enough to prepare the list of questions / problems given here. But compared to other questions / problems, put more focus on the questions / problems listed below and also questions / problems which are similar to questions / problems listed below. c) There are chances of getting questions / problems in the model which are similar to questions / problems listed below but don t expect exact questions / problems to repeat in the public examination. d) We have done this work based on the 32 nd edition of IPCC materials. e) This list is applicable for May 2015 attempt of IPCC only. f) Don t blame us even if you don t get any questions from this list in the public exams of IPCC. g) Even if you get good number of questions / problems from this list in the public examinations then it is purely accidental. h) If you are planning to attempt Group 1 only then atleast prepare the guess questions released by us. i) Attempt Group 2 also instead of leaving the Group 2 exams completely. 1ST PRIORITY PROBLEMS / QUESTIONS:YOU MAY GET THESE PROBLEMS / QUESTIONS IF THE QUESTION PAPER IS SET IN THE USUAL MANNER 2ND PRIORITY PROBLEMS / QUESTIONS: YOU MAY GET THESE PROBLEMS / QUESTIONS IF THE QUESTION PAPER IS SET IN AN UNUSUAL MANNER CHAPTER - 1 : TELECOUNICATIONS & NETWORKS 1. What is Transmission Media? Discuss its Various Types 2. Define Threat. What are various threats to a computer network security 3. Discuss OSI Model in detail. 4. Discuss about various Network topologies in detail. 5. Write about M-commerce. 6. What are the benefits of E-commerce application implementation. 7. Discuss Inter network Processors. 8. List down some of the business uses of Internet. 9. Discuss various switching techniques in telecommunication networks. 10. Discuss multi-tier Architecture. 11. Write about Extranet. 12. Risks involved in E-commerce Computer Network Cryptography Protocol Intranet. VPN. EFT Network Interface Card (NIC) Firewall Switch Network contention MTP M-15 Radio waves Vulnerability Repeater HTTPS Multiplexer Intrusion detection system PAGE 1 OF 11

2 1. Parallel Data Transmission and Serial Data Transmission. 2. Consumer to Business (C2B) e-commerce and consumer to consumer (C2C) e-commerce. 3. Client Server and Peer to Peer Network. 4. Asynchronous and Synchronous Data Transmission. 5. Public Data Network and Private Data Network 6. Thick Client and Thin Client 7. Transport Layer and Network layer of OSI model RTP 8. Hardware encryption and Software encryption. CHAPTER - 2 : INFORMATION SYSTEMS & IT FUNDAMENTALS 1. Write about System Software in detail. (Or) What is an OS? Explain functions or activities performed by OS? 2. List out the Advantages and Disadvantages of a DBMS. 3. What is Business Process Automation? Explain the concept. 4. Define the term application Software? Explain types and mention advantages and Disadvantages. 5. What is Information system lifecycle? Explain Different Phases of SDLC. 6. Explain Relational Database Model in detail. 7. Cache Memory. 8. What are benefits of automating an organization. 9. Importance of IT in Auditing. 10. Risks and Issues of IT in Enterprises. System software Application Software Operating system Database. Information System SDLC Virtual Memory Information Technology Android Hardware Virtualization Plotter Bluetooth Technology Smart Phone Wi-fi Technology Register Mobile Communication Touch Pad 1. CISC vs. RISC 2. Virtual Memory vs. Main Memory PAGE 2 OF 11

3 CHAPTER - 3 : BUSINESS INFORMATION SYSTEM 1. Explain the components of Information System 2. What is meant by DSS? Explain DSS Characteristics. 3. Short Note on EIS. 4. Explain ERP. 5. What are Transaction Processing Qualifiers. 6. Components of DSS. 7. Explain Knowledge Management System. 8. Explain Various elements of expert systems (or) Write about expert systems. 9. What are various Business Intelligence tools. 10. Write about Credit Card. What are the steps involved in Credit card transaction. Information System ERP CORE Banking System Artificial Intelligence Smart Cards XBRL MIS DSS Model base CRM SCM Electronic purse. OLAP 1. Role Based Access Control (RBAC) Vs. Rules Based Access Control (RBAC). 2. MIS Vs. DSS 3. Explicit Knowledge Vs. Tacit Knowledge. CHAPTER - 4 : BUSINESS PROCESS AUTOMATION THROUGH APPLICATION SOFTWARE 1. What are the Objectives of Business Process Automation (BPA)? 2. Explain how to go about BPA? 3. Input Controls and their categories in BPA. 4. Cloud Computing. 5. Service models of cloud computing. 6. What are the applications based on Nature of Processing? 7. Why BPA. 8. Application Controls. 9. Boundary Controls. 10. Grid Computing. 11. Deployment models of cloud computing. 12. Network virtualization and its applications. PAGE 3 OF 11

4 Network Virtualization Cloud Computing Input Controls Output Controls. Grid Computing Segregation of Duties. Middle ware. 1. Private Cloud and hybrid cloud in cloud computing RTP M-15 NIL CHAPTER - 5 : BUSINESS PROCESS MANAGEMENT & IT 1. Life Cycle of an Accounting Transaction (or) Book Keeping Life Cycle in Business Process 2. Six Sigma Model. 3. BPR. 4. Advantages and Limitations of flowcharts. 5. Processing cycles of Accounts BPM 6. How the Information can be a Business Asset in BPM? 7. BPM Life Cycle. 8. Value chain Automation and its functions. Explain about ER-diagrams, types of relationships and advantages. 9. Decision tables. 10. Decision Tress. TQM BPR Flowchart Entity BPM Operational Business Processes Value chain Decision table Data store Data flow 1. Flowchart Vs. Data Flow diagram 2. Functional Organization Vs. Process organization. THE END PAGE 4 OF 11

5 STRATEGIC MANAGEMENT (REVISED GUESS QUESTIONS) DISCLAIMER: Dear students, a) Since CA is a professional course it is impossible to predict the questions / problems which may come in the public examination. b) We are not saying that it is enough to prepare the list of questions / problems given here. But compared to other questions / problems, put more focus on the questions / problems listed below and also questions / problems which are similar to questions / problems listed below. c) There are chances of getting questions / problems in the model which are similar to questions / problems listed below but don t expect exact questions / problems to repeat in the public examination. d) We have done this work based on the 32 nd edition of IPCC materials. e) This list is applicable for May 2015 attempt of IPCC only. f) Don t blame us even if you don t get any questions from this list in the public exams of IPCC. g) Even if you get good number of questions / problems from this list in the public examinations then it is purely accidental. h) If you are planning to attempt Group 1 only then atleast prepare the guess questions released by us. i) Attempt Group 2 also instead of leaving the Group 2 exams completely. 1ST PRIORITY PROBLEMS / QUESTIONS:YOU MAY GET THESE PROBLEMS / QUESTIONS IF THE QUESTION PAPER IS SET IN THE USUAL MANNER 2ND PRIORITY PROBLEMS / QUESTIONS: YOU MAY GET THESE PROBLEMS / QUESTIONS IF THE QUESTION PAPER IS SET IN AN UNUSUAL MANNER CHAPTER 1 : BUSINESS ENVIRONMENT 1. Define the term Business. What are its objectives? According to Peter F. Drucker, a business exists for making profit. Comment. 2. State the Characteristics of Business Environment? 3. Explain different Strategic Approaches for Globalization. 4. Explain Michael Porter's Five Forces Model of Competition analysis 5. Explain the five forces of Porter's competition analysis. Under Porter's model, new entrants are insignificant source of competition. Comment. 6. State with reasons which of the following statements are correct/incorrect: a) An organization with intense competition is unlucky. b) The technology and business are highly interrelated and interdependent. 7. Explain the Interactions / Exchanges / Relationship between an organization and its environment. (Or) Organization and its Environment are interdependent. Comment. 8. What is a Multinational or Global Company? PAGE 5 OF 11

6 Environmental scanning Demographic Environment Ethnic mix Globalization Business Environment: Regional Blocks: Kieretsu: 1. A business organization is detached from the environment (or) businesses function in an isolated manner. 2. Globalization means different things to different people. 3. The term PESTLE analysis is used to describe a frame work for analyzing the micro environmental factors. 4. Strategic actions are always in reaction to the changes in environment. 5. Successful businesses have to recognize different elements of environment. 6. Environment is static in nature. 7. Under Porter s 5 forces model new entrants are insignificant source of competition. 8. Joint ventures are favored when the partner s strategic goals diverge while their competitive goals converge. 1. Micro Vs. Macro Environment 2. Consumers vs. Customers: CHAPTER 2 : STRATEGIC MANAGEMENT PROCESS 1. What is Strategic Management? What are its objectives? Also state the Process of Strategic Management? 2. Explain the Framework of Strategic Management. 3. Explain the Importance or Benefits of Strategic Management. Do you think that Companies should manage strategically? Discuss. 4. List the Features/ Major Dimensions of Strategic Decision Making. 5. State the Characteristics of Objectives? 6. State with reasons which of the following statements are correct/incorrect: a) A sound strategy does not leave any scope for miscalculations. b) The strategic management process ends with implementation. c) Strategic planning always flows from top to bottom 7. State the characteristics of a Corporate Strategy? Strategies are not perfect or flawless. They are not a substitute for sound, alert and responsible management. Discuss 8. How to develop Strategic Vision? PAGE 6 OF 11

7 Strategic Management Shared Vision Strategic Vision Vision Shared Mission NIL 1. Strategies are perfect, flawless and optimal organizational plans. 2. Corporate strategy is basically the growth design of the firm. 3. For a small entrepreneur vision and mission are irrelevant. 4. Strategic planning is an attempt to improve operational efficiency. 5. Functional level managers are responsible for the specific business functions 6. Vision and Mission are translated into objectives. 7. Strategic management in an organization is a one-time activity. 1. Mission vs. Vision 2. Objectives vs. Goals 3. Mission vs. Purpose. CHAPTER 3: STRATEGIC ANALYSIS 1. Write short notes on Strategic Group Mapping (or) How should the Market position of rivals / competitors be analysed? 2. Explain the Significance of SWOT Analysis 3. Write short notes on TOWS matrix. How can TOWS Matrix be used for analyzing strategic situation of a company? 4. What are the important concepts in the context of Portfolio Analysis? 5. Explain the BCG Growth Share Matrix. 6. Explain the Growth Strategies under Ansoff s Product- Market Growth Matrix. 7. Explain the General Electric (GE) Model of Portfolio Analysis. ( Stop-Light Strategy Model) Strategic Group Mapping Strategic Business Unit (SBU) Strategic Group Experience Curve Key Success Factors Product Life Cycle (PLC) Portfolio Analysis Driving forces: Portfolio: PAGE 7 OF 11

8 1. Strength is an inherent capacity of an organization 2. SWOT analysis merely examines internal environment of an organization. 3. Growth share matrix is popularly used for resource allocation. 4. Key Success factors are constant for all industries. 5. A strategic Group is a cluster of firms with dissimilar competitive approaches. 6. Portfolio analysis helps the strategists in identifying and evaluating various businesses of a company. 7. The ratio of SOH to sales is the highest in the introduction stage of a product life cycle. 8. GE matrix is an improvement over BCG matrix. 9. Key success Factors in an industry always remain the same. 1. SWOT Analysis vs. TOWS Matrix 2. Decisions based on Industry Attractiveness / Unattractiveness; CHAPTER 4: STRATEGY FORMULATION 1. Strategy of a company is partly Pro-active and partly Re-active. Explain. 2. Distinguish between the following a) Mergers and acquisitions PAGE 8 OF 11 RTP M Explain the concept of Expansion through Diversification? 4. Explain the concept of Vertical and Horizontal Integration Diversification. 5. Explain the concept of Expansion through Mergers and Acquisitions. 6. How will a firm implement Turnaround Strategy? 7. What is a Divestment Strategy? Explain why is it adopted? 8. Write short notes on Liquidation Strategy. 9. Discuss the concept of Marketing Mix. 10. What are the various methods for determining the Net Worth of a business? 11. What are the three major approaches for implementing R&D strategies? 12. Write short notes on Logistics Strategy 13. What are the reasons for adopting Expansion Strategy? 14. What are the reasons for adopting Retrenchment Strategy? 15. When should a Firm have in-house R&D? When should it use external R&D support? Strategic Uncertainty Strategic Intent Best Cost Provider Strategy Directional Strategies Logistics Strategy

9 Focused Cost Leadership Strategy: Focused Differentiation Strategy: Place Marketing: Marketing: 1. Strategic planning is an attempt to improve operational efficiency 2. Balance scorecard is a combination of strategic and marketing objectives 3. Diversification only involves entering in new businesses that are related to the existing business of an organization. 4. Concentric diversification amounts to unrelated diversification 5. Augmented marketing is provision of additional customer services and benefits 6. The management of funds can play a pivotal role in strategy implementation 7. A reactive strategy is formulated in an environment of uncertainty. 8. Stability strategy means staying where you are with nil growth. 9. Augmented marketing involves providing additional services to customers. 10. Firms that follow stability approach aim for modest growth in business. 1. Concentric Diversification vs. Conglomerate Diversification 2. Backward Integrated Diversification Vs. Forward Integrated Diversification 3. Vertically Integrated Diversification vs. Horizontally Integrated Diversification 4. Logistics Management vs. Supply Chain Management 5. Selling vs. Marketing: CHAPTER 5: STRATEGY IMPLEMENTATION & CONTROL 1. Outline the Inter-relationship between Strategy Formulation and Implementation 2. Write Short notes on Network Structure 3. How are business activities classified for VCA purposes? 4. What is Strategic Leadership? What are the two approaches to leadership style? 5. What is Strategic Change and what are the steps to initiate it? 6. Explain Kurt Lewin s Change Process Is culture an obstacle or ally in Strategy Execution? 9. What is Strategic Control? Explain the different types of Strategic Control. 10. Write short notes on the following: a) Hourglass Structure 11. State with reasons which of the following statements are correct/incorrect: a) Network structure creates virtual organizations. b) Unfreezing facilitates change. 12. How can a firm obtain competitive advantage? (or) Compare and contrast the sources of competitive advantage. RTP N-14 Q.No.1 (K,I) PAGE 9 OF 11

10 Strategic Business Unit (SBU) Competitive Advantage Value Chain Analysis Core Competence Corporate Culture Strategic Leadership Premise Control Efficiency 1. SBU concept facilitates multi- business operations 2. Strategy follows structure 3. Culture promotes better strategy execution 4. The thrust of operational control is on individual tasks or transactions. 5. Changes in strategy may lead to changes in organizational structure. 6. Successful formulation of a strategy guarantees successful implementation. 7. All SBU s of a firm are totally unrelated. 8. Strategy Formulation is primarily an intellectual process. 9. Marketers alone can deliver superior value to customers. 1. Efficiency vs. Effectiveness 2. Transformational Leadership vs. Transactional Leadership 3. Competitive Advantage vs. Core Competence: 4. Inbound Logistics vs. Outbound Logistics: CHAPTER 6: REACHING STRATEGIC EDGE 1. State the objectives of Business Process Re-engineering? 2. Write down the steps in BPR? 3. Explain the role of information Technology in BPR. 4. What are the elements/steps in the process of Benchmarking? 5. What is Total Quality Management (TQM)? What are the principles / features of TQM? What are procedures / methodologies for implementing Six Sigma? 8. What are the strategy-shaping characteristics of E-Commerce environment? 9. State the problems in traditional business processes (or) Outline the need for Business Process Re-engineering (BPR). 10. What are the areas of Strategic Management in relation to Medical organizations? PAGE 10 OF 11

11 Business Process Re-engineering(BPR Benchmarking Total Quality Management (TQM) Six Sigma Enterprise Resource Planning (ERP) Core or Generic Business Processes: Intra Group Benchmarking: 1. Strategic management is not needed in non-profit making organizations. 2. Reengineering means partial modification or marginal improvement in the existing work processes. 3. BPR is an approach to maintain the existing growth of an organization. 4. E-commerce technology opens up a host of opportunities for reconfiguring industry and company value chains. 5. Benchmarking is a remedy for all problems faced by organizations. 6. The main focus of TQM is on suppliers. 7. Business Process is a cross- functional activity. 1. BPR vs. Conventional Methods of improving organizational efficiency 2. Intra- group Benchmarking vs. Inter- group Benchmarking: THE END PAGE 11 OF 11

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