ibps-so 2016 · Question 38 of 394

The general manager of Chandrabhaga Urban Bank has asked the systems department for a onepage statement of what the bank's management information system actually consists of, having found that di erent o cers use the term to mean the reporting software alone, the server upon which it runs, or the monthly pack of statements it prints. The department has answered that a management information system is not a product but an arrangement of several distinct kinds of resource working together, and that no statement of it is complete unless every one of those kinds is named, including the people who operate it and the written procedures they follow. The components of a management information system are correctly enumerated as:

1. AHardware and software alone, everything else being an input to the system rather than a part of it
2. BThe database and the reports drawn from it, the hardware and software being merely the platform upon which they sit
3. CStrategic, tactical and operational planning, these being the three levels at which the system is used
4. DTransaction processing, decision support and executive information, these being the three systems of which it is composed
5. EHardware, software, data (the database), procedures and people, together with the network that joins themCorrect