Exam 1: Introduction to MIS

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Critical feedback undermines collaboration.

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An organization becomes a cost leader by providing products at the highest prices in the industry.

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Even if one is not technically qualified, one is still required to take an active role in specifying process, system, and information requirements and in helping manage development projects to create or adapt them.

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It is difficult to calculate the margin of supporting activities because the specific value added by supporting activities is difficult to know.

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Miguel proposes a new design idea for an automobile to his boss. He illustrates the model through a presentation and describes how the firm could profit from it and how it meets customers' needs. Which of Reich's four critical skills is Miguel exhibiting?

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Explain the meaning of value chain linkages with the help of an example.

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MIS exists to help people who work in a business to achieve the strategies of that business.

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For a fast food chain, McDonalds, Burger King, and Wendy's would be categorized under which of the following forces in Porter's model?

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Manufacturing systems use linkages to reduce inventory costs.

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Which of the following is a nonroutine cognitive skill that would provide one with job security?

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What are processes, information systems, and information?

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Explain the meaning of collaboration and experimentation with the help of examples.

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Which activity of the value chain includes ordering and receiving raw materials for manufacturing?

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Value chains do not exist in service-oriented companies.

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Inbound logistics involves receiving, storing, and disseminating inputs to the product.

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As a candidate at a job interview for a video and graphic designer, Steve is asked to create a design using Corel VideoStudio X3, a relatively new software which Steve is not familiar with. Which of the following skills is the interviewer trying to test?

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In the value chain, the primary activity of sales and marketing is the collection, storage, and physical distribution of products to buyers.

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What is abstract reasoning and systems thinking? Give an example for each.

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An apparel company that focuses on high-end customers is following an industry-wide differentiation strategy.

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MIS is defined as the management and use of processes, information systems, and information to help organizations achieve their strategies.

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