Exam 10: Information and Decision Support Systems

Product pricing is important to identify products, sales personnel, and customers that contribute to profits and those that do not.

The purpose of _____ is to analyze the market to identify threats, opportunities, and customer needs and wants.

The ultimate goal of management information and decision support systems is to help managers and executives at all levels make better decisions and solve important problems.

The use of MISs span few levels of management.

An MIS can be divided along functional lines to produce reports tailored to individual functions.

The overall purpose of the human resource planning subsystem in a human resource MIS is to aid in the recruiting and selecting of personnel.

Developers of _____ try to build on the advantages of individual support systems while adding new approaches unique to group decision making.

In the _____ decision making approach, members of a group offer suggestions "off the top of their heads."

_____ is any one of a number of voting processes used to reduce the number of options to be considered.

A manufacturing or architectural firm uses _____ software to develop a digital blueprint of its products prior to building them.

A _____ is an independent business unit that is treated as a distinct entity enabling its revenues and expenses to be determined and its profitability to be measured.

Subsystems for the marketing MIS and their outputs help marketing managers and executives to _____.

A ______ provides managers with information that supports effective decision making and provides feedback on daily operations.

A satisficing model is one that finds a good, but not necessarily the best, solution to a problem.

How can group support systems help reduce negative group behavior that can lead to ineffective group decision making?

The ability to _____ is a characteristic of an MIS system.

_____ reports are produced periodically, such as daily, weekly, or monthly.

A flexible manufacturing system determines when finished products are needed and then works backward to determine deadlines and resources needed.

_____ are ones where the variables that comprise the decision are known and can be measured quantitatively.

_____ is used when modeling a problem properly to get an optimal decision would be too difficult, complex, or costly.