Professional Documents
Culture Documents
iii. What are the differences between Data & Information? (08 Marks)
Data Information
Data are raw numbers. Information is data that has been converted into
a meaningful and useful context. 3. i. What are the roles of Market Research? (06 Marks)
Example: Ticket sales on a band on tour. Example: Sales report by region and place – tells Market Research can be viewed as fulfilling three functional
us which place is most profitable. roles such as descriptive, diagnostic & predictive.
Data by itself alone is not significant. Information is significant by itself.
Data is the input language for a computer. Information is the output language for human. Descriptive Function
Data is unprocessed facts or mere figures. Information is processed data which has been It includes gathering & presenting
made sense of. statements of facts.
Data does not depend on information. Information depends on data and without it,
information cannot be processed. Diagnostic Function
Data is not specific to generate meaning. Information is specific enough to generate It is where data or actions of a particular
meaning. target market are explained.
Predictive Function
2. i. What are the key importances of information?
With predictive function, organization can
(04 Marks)
get advantage of opportunities as they arise in the ever
For designing the projects. changing market place.
For managing the operations.
For financial activities.
Business Planning. A good market research study helps the association balance
To make decisions. these three areas to provide the highest quality & most useful information
To be alert with the clients. for decision making.
Technological Matters.
Social and Clients needs.
ii. Describes information needed for a civil engineering organization?
(04 Marks)
ii. You are assigned to develop an accurate & effective information system
in your organization by your director. Explain how would you attend to
Any organization has to achieve their goals which are defined
this task? (12 Marks)
earlier. Same situation occurs in a civil engineering organization. As they
have to accomplish their task with supporting both parties namely managers
To get an accurate & effective information system, I have to manage the
& subordinates. Therefore everybody should be a well informed person. All
information within the organization.
these things can be successfully done by having accurate information with
Information management is an emerging field that is application of
them. This information can be taken from following way.
management techniques to collect information, communicate it within and
Human Created Information
outside the organization, and process it to enable managers to make quicker
The human created information that we can
and better decisions.
deal with every day—text documents, emails, social media
posts, etc.
Application Created Information
Application Created Information is iv. Write short notes on
a computer program designed to perform group of (10 Marks)
coordinated functions, tasks, or activities for the benefit of Expression of Interest
the user. Examples of an application include a word Terms of Reference
processor, a spreadsheet, an accounting application, a web Memorandum of Understanding
browser, a media player, a console game or a photo editor. BOI Companies
iii. Explain that how to make a Research in the organization? (10 Marks) Please refer the notes.
You have to explain stages of research process. 6. What are the advantages and disadvantages of following data gathering techniques?
Observation
Questionnaires
Interviews
4. i. Explain the word of professional practice in terms of civil engineering?
(08 Marks)
Observation
Generally professional practice is where student is required Advantages Disadvantages
to expand knowledge & skills within a practical environment. Access to situation and people where Can be viewed as too subjective.
Civil engineers need a range of skills to support their practice questionnaires and interviews are
from understanding health & safety, the ability to lead teams, to the ability impossible or are inappropriate to use.
to understand detailed contracts. Access to people in real life situations. Time Consuming.
Our professional practice area contains a range of resources Good for explaining meaning and context. Depends on the role of researcher.
relating to, Require highly skilled observer with both
Ethics in Engineering process content knowledge.
Health & Safety
Law & Contracts
Questionnaires
Leadership & Management
Advantage Disadvantage
Inexpensive. Limited Response
ii. Discuss the differences between Leadership & Management? (08 Marks)
Can collect data from large no of Lack of personal contacts
persons.
There is an essential difference between leadership &
Data easily summarized & reported. Poor Response
management which can be identified as follows.
Simple to administer Unreliability
Leadership is setting a new directions or
vision for a group that they follow.
Interviews
Management controls or directs
Advantage Disadvantage
people/resources in a group according to
Can obtain detailed information about Time Consuming
principles or values that have been
established. personal feelings, perceptions and
Leadership is doing the right things. Can ask more detailed questions Difficult to analyze
Management is doing things right. Can achieve a high response rate Can be costly
Dissolution of partnership
Changing of the partners,
partnership can be taken
this section of the
dissolution.
Dissolution of firm
Dissolution of a firm means
discontinuance of its
activities.
These companies are registered in the CSE & they can issue
the prospectus to public at large. Minimum one shareholder & shares can be
issued as Initial public offering & Subsequent public offering.
Limited Liability
Unlimited Life time
Legal entity