Management Information System (MIS)

A Formal evaluation process reduces the possibility of buying inadequate hardware. A formal evaluation is a written list and summary of an employee's performance. It is an opportunity for a manager and employee to go over the strengths and weaknesses of work performance. During the formal evaluation there should be no surprises, as communication between a manager and an employee should be ongoing.

Software Piracy is unauthorized copying of software. Software piracy is the illegal copying, distribution, or use of software. It is such a profitable business" that it has caught the attention of organized crime groups in a number of countries. According to the Business Software Alliance (BSA) about 36% of all software in current use is stolen."""

In optimization types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints. Optimization Analysis is a more complex extension of goal-seeking analysis. Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.

The evolution of Electronic data processing 1951-60. Electronic data processing is a frequently used term for automatic information processing. It uses the computers to manipulate, record, classification and to summarize data. A computer is the best example of an electronic data processing machine.

Audit type of testing ensures the system is free of errors and is ready to be placed into operation. Audit testing is one of the methods the testing discipline can use to examine a testing process and produce usable feedback.

In sensitivity analysis of the following types of analysis, the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed. A sensitivity analysis determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions. In other words, sensitivity analyses study how various sources of uncertainty in a mathematical model contribute to the model's overall uncertainty.

TPS stands for Transaction Processing System. A Transaction Processing System is a set of information which processes the data transaction in database system that monitors transaction programs.

Neural Network is used for evaluating credit risks. A neural network is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. Neural networks can adapt to changing input; so the network generates the best possible result without needing to redesign the output criteria.

Formal leader who commands both positional and personal influence. Formal leadership is a person exercising authority conferred upon him by the organization pursuant to the individual's position in the organization.

A Parallel types of processor design uses a group of instruction processors to execute program at the same time. Parallel processing is information processing that uses more than one computer processor simultaneously to perform work on a problem. This should not be confused with multitasking , in which many tasks are performed on a single processor by continuously switching between them, a common practice on serial machines.