Question 1

Which activities belong in the Marketing department?

Accepted Answer

A)   Records,measures,and reports monetary transactions
B)   Tracks strategic financial issues,including money,banking,credit,investments,and assets
C)   Supports the sales by planning,pricing,and promoting goods or services is marketing
D)   Relies on information from operations to understand inventory,place orders,and forecast consumer demandE) None of the above
F) All of the above

Question 2

Which of the following describes a stakeholder?

Accepted Answer

A)   A leadership plan that achieves a specific set of goals or objectives
B)   A feature of a product or service on which customers place a greater value
C)   A person or group that has an interest or concern in an organization
D)   Information about a competitive environmentE) A) and B)
F) A) and C)

Question 3

The business decisions made by the Operations management department include manufacturing data,distribution data,and production data.

Accepted Answer

A) True 
 B)False

Question 4

The chief data office (CDO)is responsible for ensuring the throughput,speed,accuracy,availability,and reliability of an organization's information technology.

Accepted Answer

A) True 
 B)False

Question 5

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

Accepted Answer

A) True 
 B)False

Question 6

What is big data?

Accepted Answer

A)   A document containing data organized in a table,matrix,or graphical format allowing users to easily comprehend and understand information
B)   A collection of large complex data sets,including structured and unstructured,which cannot be analyzed using traditional database methods and tools
C)   A view of data at a particular moment in time
D)   A world where interconnected,Internet-enabled devices or "things" can collect and share data without human interventionE) C) and D)
F) A) and D)

Question 7

Inbound logistics and operations are part of the primary value activities.

Accepted Answer

A) True 
 B)False

Question 8

The Operations management department manages the process of converting or transforming resources into goods or services.

Accepted Answer

A) True 
 B)False

Question 9

Explain why competitive advantages are temporary.

Accepted Answer

A competitive advantage is a feature of ...

Question 10

What is the name of a company's internal computer department?

Accepted Answer

A)   Management information systems (MIS) 
B)   Information systems (IS) 
C)   Information technology (IT) 
D)   All of these choicesE) None of the above
F) All of the above

Question 11

The business decisions made by the Finance department include promotion data,sales data,and advertising data.

Accepted Answer

A) True 
 B)False

Question 12

Top managers use predictive analytics to define the future of the business,analyzing markets,industries,and economies to determine the strategic direction the company must follow to remain profitable.Tony will set the strategic direction for his firm,which might include introducing new flavors of potato chips or sports drinks as new product lines or schools and hospitals as new market segments.

Accepted Answer

A) True 
 B)False

Question 13

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Accepted Answer

A)   Chief knowledge officer (CKO) 
B)   Chief privacy officer (CPO) 
C)   Chief technology officer (CTO) 
D)   Chief information officer (CIO) E) A) and B)
F) A) and D)

Question 14

Which of the following represents the types of data commonly found in the Human Resource department?

Accepted Answer

A)   Financial data
B)   Technology data
C)   Production data
D)   Employee dataE) B) and D)
F) C) and D)

Question 15

Product differentiation occurs when a company develops unique differences in its products or services with the intent to influence demand.

Accepted Answer

A) True 
 B)False

Question 16

If a business could produce more hamburgers with the same inputs it would see a rise in productivity and possibly an increase in profits.

Accepted Answer

A) True 
 B)False

Question 17

Compare Porter's Three Generic Strategies.

Accepted Answer

Organizations typically follow one of Po...

Question 18

Structured data is data that is not defined and does not follow a specified format and is typically free-form text such as emails,Twitter tweets,and text messages.

Accepted Answer

A) True 
 B)False

Question 19

A SWOT analysis will evaluate potential internal strengths,internal weaknesses,and external opportunities.

Accepted Answer

A) True 
 B)False

Question 20

The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself,with a ________ or ________________.

Accepted Answer

A)   focused strategy,product differentiation
B)   focused strategy,cost advantage
C)   cost advantage,primary value activities
D)   cost advantage,product differentiationE) A) and C)
F) A) and D)

Exam 1: Management Information Systems: Business Driven MIS

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

Correct Answer
verified

Explain why competitive advantages are temporary.

Correct Answer
verified
A competitive advantage is a feature of ...
View Answer

Compare Porter's Three Generic Strategies.

Correct Answer
verified
Organizations typically follow one of Po...
View Answer

Which activities belong in the Marketing department?

Correct Answer
verified

The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself,with a or ________.

Correct Answer
verified

What is big data?

Correct Answer
verified

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Correct Answer
verified

What is the name of a company's internal computer department?

Correct Answer
verified

Structured data is data that is not defined and does not follow a specified format and is typically free-form text such as emails,Twitter tweets,and text messages.

Correct Answer
verified

If a business could produce more hamburgers with the same inputs it would see a rise in productivity and possibly an increase in profits.

Correct Answer
verified

Which of the following represents the types of data commonly found in the Human Resource department?

Correct Answer
verified

Inbound logistics and operations are part of the primary value activities.

Correct Answer
verified

Correct Answer
verified

A SWOT analysis will evaluate potential internal strengths,internal weaknesses,and external opportunities.

Correct Answer
verified

The chief data office (CDO)is responsible for ensuring the throughput,speed,accuracy,availability,and reliability of an organization's information technology.

Correct Answer
verified

Product differentiation occurs when a company develops unique differences in its products or services with the intent to influence demand.

Correct Answer
verified

The Operations management department manages the process of converting or transforming resources into goods or services.

Correct Answer
verified

The business decisions made by the Finance department include promotion data,sales data,and advertising data.

Correct Answer
verified

The business decisions made by the Operations management department include manufacturing data,distribution data,and production data.

Correct Answer
verified

Which of the following describes a stakeholder?

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

Correct AnswerverifiedShow Answer

Explain why competitive advantages are temporary.

Correct AnswerverifiedA competitive advantage is a feature of ...View AnswerShow Answer

Compare Porter's Three Generic Strategies.

Correct AnswerverifiedOrganizations typically follow one of Po...View AnswerShow Answer

Which activities belong in the Marketing department?

Correct AnswerverifiedShow Answer

The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself,with a ________ or ________________.

Correct AnswerverifiedShow Answer

What is big data?

Correct AnswerverifiedShow Answer

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Correct AnswerverifiedShow Answer

What is the name of a company's internal computer department?

Correct AnswerverifiedShow Answer

Structured data is data that is not defined and does not follow a specified format and is typically free-form text such as emails,Twitter tweets,and text messages.

Correct AnswerverifiedShow Answer

If a business could produce more hamburgers with the same inputs it would see a rise in productivity and possibly an increase in profits.

Correct AnswerverifiedShow Answer

Which of the following represents the types of data commonly found in the Human Resource department?

Correct AnswerverifiedShow Answer

Inbound logistics and operations are part of the primary value activities.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A SWOT analysis will evaluate potential internal strengths,internal weaknesses,and external opportunities.

Correct AnswerverifiedShow Answer

The chief data office (CDO)is responsible for ensuring the throughput,speed,accuracy,availability,and reliability of an organization's information technology.

Correct AnswerverifiedShow Answer

Product differentiation occurs when a company develops unique differences in its products or services with the intent to influence demand.

Correct AnswerverifiedShow Answer

The Operations management department manages the process of converting or transforming resources into goods or services.

Correct AnswerverifiedShow Answer

The business decisions made by the Finance department include promotion data,sales data,and advertising data.

Correct AnswerverifiedShow Answer

The business decisions made by the Operations management department include manufacturing data,distribution data,and production data.

Correct AnswerverifiedShow Answer

Which of the following describes a stakeholder?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
A competitive advantage is a feature of ...
View Answer

Correct Answer
verified
Organizations typically follow one of Po...
View Answer

Correct Answer
verified

The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself,with a or ________.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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