What is ERP and its product?

Enterprise resource planning (ERP) integrates internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application. Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.[


SAP: They are the largest ERP solution provider with more than 75.000 customers and 12 million users and holding around 30% of market share. The flagship Solution, R/3 is unmatched for its sophistication and robustness. R/3 software gives an option of around 1000 pre-configured business processes. This solution is available in all major currencies and languages and can be hosted on several Operating Systems and Databases. As mid market option, SAP has brought out, Business All in One, a solution with industry tailored configurations. SAP offering for smaller organization is SAP Business One. SAP offers a hosted solution, namely SAP Business by Design, for organizations lacking IT resources. Oracle: Oracle is next to SAP in ERP market breadth, depth and share. It offers a comprehensive, multilingual and multi currency solution, mostly through its channel partners.. It is the first to implement internet computing model for developing and deploying its product. Oracle also took over various ERP solution providers during 2000 such as People Soft, JD Edwards, Retek (retail industry solution), and Siebel (customer relationship management software). It has taken up project Fusion (based on Service Oriented Architecture) to integrate various products, outcome of which is keenly awaited. Infor: Infor is of recent origin and expanded through a number of acquisitions. Its acquisition of SSA global during 2006 made it a forerunner as ERP solution provider. SSA global had two strong product lines, BPCS and BaaN. SSA also made a number of other acquisitions, such as MAPICS, Lily Software Associate and GEAC. SSA is focused on building, buying and integrating best of breed solutions. Microsoft Dynamics: Microsoft, which did not have an ERP portfolio, started by acquiring a host of ERP products like Navision, Solomon, Great Plain and Axapta. Excepting Axapta, which is strong in manufacturing and suitable for mid market, other products are meant for smaller organizations. Microsoft is much dependent on channel partners, not only for sales and consulting but also for add on development. Their solutions are closely integrated with their office suit.

 Some of the standard Business Intelligence tools in the market According to there performance MICROSTRATEGY BUSINESS OBJECTS,CRYSTAL REPORTS COGNOS REPORT NET MS-OLAP SERVICES

Seagate Crystal report SAS Business objects Microstrategy

Cognos Microsoft OLAP 7. Hyperion 8. Microsoft integrated services

What is business intelligence? Business Intelligence is a process for increasing the competitive advantage of a business by intelligent use of available data in decision making. The five key stages of Business Intelligence: Data Sourcing Data Analysis Situation Awareness Risk Assessment Decision Support Business Intelligence means to skills, processes, technologies, applications and practices used to support decision making.

What is operations management? Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. The purvey of OM ranges from strategic to tactical and operational levels. Representative strategic issues include determining the size and location of manufacturing plants, deciding the structure of service or telecommunications networks, and designing technology supply chains. Tactical issues include plant layout and structure, project management methods, and equipment selection and replacement. Operational issues include production scheduling and control, inventory management, quality control and inspection, traffic and materials handling, and equipment maintenance policies.

OLAP Vs OLTP:

OLTP System OLAP System Online Transaction Processing Online Analytical Processing (Operational System) (Data Warehouse) Operational data; OLTPs are the Consolidation data; OLAP data comes Source of data original source of the data. from the various OLTP Databases Purpose of To control and run fundamental To help with planning, problem solving, data business tasks and decision support Reveals a snapshot of ongoing Multi-dimensional views of various What the data business processes kinds of business activities Inserts and Short and fast inserts and updates Periodic long-running batch jobs refresh Updates initiated by end users the data Relatively standardized and simple Often complex queries involving Queries queries Returning relatively few aggregations records Depends on the amount of data involved; batch data refreshes and Processing Typically very fast complex queries may take many hours; Speed query speed can be improved by creating indexes Larger due to the existence of Space Can be relatively small if historical aggregation structures and history data; Requirements data is archived requires more indexes than OLTP Typically de-normalized with fewer Database Highly normalized with many tables tables; use of star and/or snowflake Design schemas Backup religiously; operational data Instead of regular backups, some Backup and is critical to run the business, data environments may consider simply Recovery loss is likely to entail significant reloading the OLTP data as a recovery monetary loss and legal liability method

What is OLAP, MOLAP, ROLAP, DOLAP, HOLAP? Explain with Examples?

OLAP - On-Line Analytical Processing. Designates a category of applications and technologies that allow the collection, storage, manipulation and reproduction of multidimensional data, with the goal of analysis. MOLAP - Multidimensional OLAP. This term designates a cartesian data structure more specifically. In effect, MOLAP contrasts with ROLAP. Inb the former, joins between tables are already suitable, which enhances

performances. In the latter, joins are computed during the request. Targeted at groups of users because it's a shared environment. Data is stored in an exclusive server-based format. It performs more complex analysis of data. DOLAP - Desktop OLAP. Small OLAP products for local multidimensional analysis Desktop OLAP. There can be a mini multidimensional database (using Personal Express), or extraction of a datacube (using Business Objects). Designed for low-end, single, departmental user. Data is stored in cubes on the desktop. It's like having your own spreadsheet. Since the data is local, end users dont have to worry about performance hits against the server. ROLAP - Relational OLAP. Designates one or several star schemas stored in relational databases. This technology permits multidimensional analysis with data stored in relational databases. Used for large departments or groups because it supports large amounts of data and users. HOLAP: Hybridization of OLAP, which can include any of the above. What is BAS? What is the function? The Business Application Support (BAS) functional area at SLAC provides administrative computing services to the Business Services Division and Human Resources Department. We are responsible for software development and maintenance of the PeopleSoft Applications and consultation to customers with their computer-related tasks. What is dashboard? In information technology, a dashboard is a user interface that, somewhat resembling an automobile's dashboard, organizes and presents information in a way that is easy to read. However, a computer dashboard is more likely to be interactive than an automobile dashboard (unless it is also computer-based). To some extent, most graphical user interfaces (GUIs) resemble a dashboard. However, some product developers consciously employ this metaphor (and sometimes the term) so that the user instantly recognizes the similarity. BPR:
Business process re-engineering is the analysis and design of workflows and processes within an organization. According to Davenport (1990) a business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis for many recent developments in management. What is OLAP in Business Intelligence? Online Analytical Processing, a category of software tools that provides analysis of data stored in a database. OLAP tools enable users to analyze different dimensions of multidimensional data. For example, it provides time series and trend analysis views. The chief component of OLAP is the OLAP server, which sits between a client and database management systems (DBMS). The OLAP server understands how data is organized in the database and has special functions analyzing the data.

A good OLAP interface has writes an efficient sql and reads an accurate data from db.To design and architect having good knowledge on DB understanding the report requirements. Project management: Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables),[1] undertaken to meet unique goals and objectives,[2] typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual (or operations),[3] which are repetitive, permanent, or semi-permanent functional activities to produce products or services. In practice, the management of these two systems is often quite different, and as such requires the development of distinct technical skills and management strategies.

FINANCIAL:
What is the difference between JOURNAL ENTRY & LEDGER?

A journal is also called as a book of prime entry. Transactions occurred are first entered in this book to show which accounts should be debited and which should be credited. On the basis of entries made in the journal, accounts are prepared; the book which contains the accounts is called a ledger. Transactions entered in the journal are classified according to their nature and posted in their respective accounts in ledger. it is also called as book of final entry.
What are debentures? in simple word we can say , debenture are like a bond if govt takes money from public it called bond and if private institution takes then it called debenture.

Debenture is a contract between two parties at predetermined rate of interest, periodicity of the contract and repayment of the principal amount by the borrower to the lender. Who is a more senior creditor, a bondholder or stockholder? The bondholder is always more senior. Stockholders (including those who own preferred stock) must wait until bondholders are paid during a bankruptcy before claiming company assets.

According to the classification, the claim of bond holder should be accounted first. After fulfilling all the claims of bond Holder Company should look after the stock holder. What is the punch line of job? No matter how efficiently goods / services are produced, if they cannot be delivered to the customer in the quickest possible time it is vain. What is the difference between real money & nominal money? Nominal money relates more to it's measure of counting - so nominal figure of what is written on bill, while "real" relates more to it's purchasing power (usually between some periods of time). For instance 100 units in nominal could buy 2 units of good in 1950 and 1 unit of good in 2005, at the same time real value of this 100 nominal units are 100 real units in 1950 and 50 real units in 2005.Same is with GDP. In nominal it can rise due to inflation while it can stay the same or even decrease in real value. What is Demat Account? What is the use of it? Demat means Dematerialisation of share, in simple it is an account with which a person can trade in security market without which a person cannot buy or sell any share in security market.

What Is Inflation? In economic terms, inflation is the rise in the prices of goods and services in the given economy over a period of time. As the prices rise, each unit of the country's currency will buy fewer goods and services. when the purchasing power of a currency go down then more money comes to the market it is called inflation. What Is Outsourcing? Outsourcing is a strategic management model wherein business processes are transferred to another company. The concept is: to let a third party service provider perform the management and/or day-to-day execution of one or more business functions. This third party service provider is In sourcing those same processes. Outsourcing occurs when a company uses an outside firm to provide a necessary business function that might otherwise be done in-house. It is different from Subcontracting, because the function is provided on an ongoing basis, rather than for a specific project. It can be provided on the same or another location, in the same country or in a separate country (Off shoring). In its most advanced form, outsourcing makes it possible to build a large, entirely virtual company with only a single employee: the entrepreneur himself. What is Retained Earnings?

When a company or corporation earns a profit or surplus, that money can be put to two uses it can either be re-invested in the business called retained earnings or it can be paid to the shareholders as a dividends. What is your investing strategy? Different investors have different strategies. Some look for undervalued stocks, others for stocks with growth potential and yet others for stocks with steady performance. A strategy could also be focused on the long-term or short-term, and be more risky or less risky. Whatever your investing strategy is, you should be able to articulate these attributes. Difference between DBMS & RDBMS? DBMS stands for Database Management System which is a general term for a set of software dedicated to controlling the storage of data. RDMBS stand for Relational Database Management System. This is the most common form of DBMS. Invented by E.F. Codd, the only way to view the data is as a set of tables. Because there can be relationships between the tables, people often assume that is what the word "relational" means. Not so. Codd was a mathematician and the word "relational" is a mathematical term from the science of set theory. It means, roughly, "Based on tables".

HR QUESTIONS:
What is the difference between goal and ambition?

Goal is our final destination where we have to reach at any how condition whether ambition is our desire to reach the destination

Why did u choose this career?

According to me I can enhance my skill and knowledge in this career and I feel that I have more opportunities here to express myself. Therefore I choose this as career.
WHY DO YOU WANT TO WORK FOR THIS ORGANIZATION?

Well I always wanted to work with a company where I can get better opportunities to proves myself and to be part of the success. I think this organization is the well growing and can provide me that kind of opportunities I have been looking for a company where my skills and knowledge will be highly appreciated and i think this is the company and position that completely suits my skills and thus i want to join your company. WHY SHOULD I HIRE U?

Since I am a organized and self motivated person I can do my level best to improve your companys standards without much supervision and also I have physical and mental fitness to face any stress condition.
How do you handle stress?

As responsible person for project it is bound to happen that stress would be there, but to overcome the stress one should attack that issue on priority to resolve it by discussing with team and expert. Definitely there would be solution and you are relived from stress.