🔰EISSM EXAMS TIPS BY CA KISHAN KUMAR SIR

Do not write generic answers in exams. It doesn't get marks. I have been going through ICAI evaluated answer sheets of students. Most important observation:
(1) If answer has Headings and explanation, Heading is most critical and must be same as that of ICAI Study Material.
(2) If answer involves explanation, General explanation will give you 1 to 2 out of 5. Plz memorise at least Notes. It will greatly enhance level of your answers.
(3) Write in points, to the extent possible. In case of explanation, use short paras. Leave a line between two points or paras as presentation is very important.

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📚SM Chapter Wise Scanner By Kishan Kumar Sir

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📚EIS Chapter Wise Scanner By Kishan Kumar Sir

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CRUX of Today's Unplanned Crazy Discussion on EIS Chapter 1,2,4,5 in Our Discussion group 🥳🥳

Compiled by:- Sahil

1.what are the success factors of business automation ??

confendiality
intergrity
availability
timelineess

2.Challenges in BPA?

Staff resistance
Automating redundant processes
Implementation cost
Defining complex task

Memory technique: SAID😅

3.Types of risks in BPA ?

Oh sfrrr
Operational hazard strategic financial reputational regulatory residual

4.benifits in ERP ?

Info integration
Info accuracy
Lead time km
Cycle time km
time se shipment
Cost k m
Flexibility jada
Customer ka satisfaction
Supplier ki performance

Isko trick se ydd kra tha mne
2 info k point
3 time k point
1 customer 1 supplier
Cost or flexi


5.Benifits of business intelligence

.Accelerating and improving decision making
.optimizating internal business process
.Increasing operational efficiency
. driving new revenue
.gaining competitive advantage over business rivals

6.characteristics of MIS Report


RATS
Relevant
Accurate
Timely
Structured

7.byod k advantage?

Happy employees
Increase efficiency
Reduce workload
Improved technology

8.
Components of e commerce

User
Internet netwrok
Payment gateway
Technology infrastructure
Web portal
E commerce vendors

9.What is green computing

Practice of establishing computers and IT resources in a more efficient and environmental friendly way

10.Core features of cbs?

Online. Real time processing
Tr. Are immediately posted
All database update immediately
Centralised operation
Seperate heirarchy for business and operations

Trick :Reliance ke authorise employees anywhere anytime online simultaneously data post krte h jo bahut interesting h😁😁😂

11.E commerce work flow batao ?


Customer login krega
Product select krega
Order place krega
Payment krega
Dispatch or shipping
Delivery ko track
Cod track

12.Types of risk in e commerce ? .....

Privacy
Quality
Data ka loss
card ko clone kr lete hai
Dusri country se mnagte h to cost extra


13.drawbacks of digital payments

MT- NOT
Difficult for non technical person
Overspending
Risk of data theft

14.
Risk management strategies?

Tolerate
Terminate
Transfer
Treat
Turn back

( Trick :Tu
Te
To
Tr
Tr

15.
Traditional methods of digital payments??

E wallets
Net banking
Cards

16. Drawbacks of cloud computing? ☁️

1) internet connection is lost then link to cloud is lost and hence data is lost
2) security is concern
3) customers may have restrictions on availability of application/ Opeating systems


17.Auditing environment controls

1. Power conditioning
2. Backup power
3. Heating, ventilation and air conditioning
4. Water detection
5. Fire detection
6.cleanliness

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🔰IT Act Section and Punishment
Important for MCQ

Trick:- 66E- Employees- Data privacy ka violation krte h...


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Don't miss this ☝️

Thanks to Mayank Parihar who noted all from Marathon Lecture.
Toddd LDR
*Chapter-1*
_*Automated Business Prcesses*_

_Which Process should be automated, Challenges Involved in BPA, Risk Management (Terms, Benefits of Enterprise Risk Management, Components of Enterprise Risk Management), Regulatory & Compliance Requirements_

*Chapter-2*
_*Financial & Accounting Systems*_

_Why Master & Non-Master Data, Voucher Number, Risk & Controls, Controlling Module, Objectives of Plant Maintenance Module, Data Analytics & Business Intelligence, Types of Data Analytics Applications, Inside the Data Analytics Process, Reasons for Business Intelligence, Benefits of Business Intelligence_

*Chapter-3*
_*Information Systems & It's Components*_

_Types of Network, Concepts of Network, Network Access Control, Operating System Access Control, Application & Monitoring System Access Control, Top Management & Information Systems Management Controls, Systems Development Management Controls, Programming Management Controls, Boundary Controls, Batch Controls, Processor Control, Database Controls, Communication Controls, Need for Control & Audit of Information Systems, CAT(Continuous Audit Techniques)_

*Chapter-4*
_*E-Commerce, M-Commerce, & Emerging Technologies*_

_Disadvantages of E-business, Trends in E-commerce, Cloud Computing(CC Model, Pertinent Issues), Green Computing, Virtualization, Grid Computing(Security Concerns)_

*Chapter-5*
_*Core Banking Systems*_

_Key Factors, Internal Control System in Banks, Components & Architecture of CBS(Key Modules or Components of CBS, Information Security(Process Description)_

Thank to Mayank Parihar who noted from SM Marathon.
Toddd LDR
*Chapter-1*
*_Introduction to Strategic Management_*

_Partly proactive and partly reactive, Importance of Sm, Limitations of Sm, Sm in govt. & Non-profit Organization_

*Chapter-2*
*_Dynamics of Competitive Strategy_*

_Methods OR Factors OR Issues to be Considered While Performing Industry & Competitive Analysis, Key Success Factors for Competitive Success, Core Competencies, Value Chain Analysis, Competitive Advantage, BCG Matrix, Ansoff's Matrix, ADL Matrix, GE Matrix,_

*Chapter-3*
*_Strategic Management Process_*

_Dimensions of Strategic Decisions, Elements of Strategic Vision, Essentials of Strategic Vision, Why an Organization should have a mission_

*Chapter-4*Todd
*_Corporate Level Strategies_*

_Types of Growth/Expansion Strategy, Reasons for Stability/Growth OR Expansion/Retrenchment/Combination, Characteristics can be read at once for understanding_

*Chapter-5*Toddd
*_Business Level Strategies_*

_Common Barriers to new entries, when will rivalry among competitors tends to cutthroat and industry profitability low, Cost leadership Strategy, Differentiation Strategy, Focus Strategy_

*Chapter-6*
*_Functional Level Strategies_*

_Marketing Mix, Price, Promotion, Logistic Strategy and Supply Chain Management Strategy, Additional question of HR(Naya h vaha)_

*Chapter-7*
*_Organisation & Strategic Leadership_*

_Organisation Structure( Any one out of 8 but emphasis on Matrix Structure)
Leadership

*Chapter-8*
*_Strategic Implementation & Control_*

_Types of Strategic Control, Strategy Audit need and criteria, where BPR can be performed, Steps in BPR_

EISSM LDR by Amit Tated Sir ☝️☝️

All the Best