Exam 16: Information and Operations

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Gathering feedback and assessing that information is which step in the control process?

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D

Boosting circulation by 10% from the previous month, reducing production costs by 20%, or producing a 100% error-free document are all examples of specific __________.

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B

__________ is information gained by an individual or team that is internalized.

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Knowledge

Matching -Income Statement

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A(n) _________________ uses internal and external data to aid the executive staff with their decision-making process with regards to organizational performance.

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A ratio analysis is a qualitative assessment of an organization.

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This report tells an organization how much revenue they have earned over a specific time period.

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This is the only report that lists a company's assets:

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_____________ help organizations run more efficiently by incorporating people, technology, and information systematically.

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Matching -Management Information Systems

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Matching -Preliminary Control

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_________ help to clarify goals and establish performance levels for employees.

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A preventative measure to identify potential deficiencies before they occur is known as a:

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UPS's use of web-based tools that allow customers to embed UPS functions such as tracking and cost calculations into their own web sites is an information systems solution used to achieve customer intimacy.

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_____________ are workers employed for the specific knowledge they possess.

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Describe some of the tools used to control financial performance in companies.

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Organizations will build a ________ to protect against entry into a particular information system or personal computer.

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The terms 'data' and 'information' can be used interchangeably.

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Differentiate among the three types of control.

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Information technology consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consists of all the hardware AND software needed.

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