Question 1

The chief data officer is responsible for ensuring the speed, accuracy, availability, and reliability for MIS.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is considered a core driver of the information age?

Accepted Answer

A) Information. 
B) Business Intelligence. 
C) Knowledge. 
D) All of the above. 
A) Information. 
B) Business Intelligence. 
C) Knowledge. 
D) All of the above.

Question 3

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's five forces model. Which of the following represents a threat of a new entrant in the soft drink industry?

Accepted Answer

A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Vitamin water, fruit juice, coffee. 
A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Vitamin water, fruit juice, coffee.

Question 4

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Accepted Answer

A) True 
 B)False

Question 5

A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.

Accepted Answer

A) True 
 B)False

Question 6

Decreasing customer loyalty, increasing costs, and decreasing sales are all examples of business strategies.

Accepted Answer

A) True 
 B)False

Question 7

In terms of system thinking, what is process?

Accepted Answer

A) Data entered in a computer 
B) Controls to ensure correct processes 
C) The resulting information from the computer program 
D) The computer program that processes the data 
A) Data entered in a computer 
B) Controls to ensure correct processes 
C) The resulting information from the computer program 
D) The computer program that processes the data

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

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 data. 
A) Financial data. 
B) Technology data. 
C) Production data. 
D) Employee data.

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

The chief data officer (CDO)is responsible for determining the types of information the enterprise will capture, retain, analyze, and share.

Accepted Answer

A) True 
 B)False

Question 12

Business analytics use techniques that describe past performance and history.

Accepted Answer

A) True 
 B)False

Question 13

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following describes structured data?

Accepted Answer

A) A defined length, type, and format. 
B) Includes numbers, dates, or strings such as Customer Address. 
C) Is typically stored in a relational database or spreadsheet. 
D) All of the above. 
A) A defined length, type, and format. 
B) Includes numbers, dates, or strings such as Customer Address. 
C) Is typically stored in a relational database or spreadsheet. 
D) All of the above.

Question 15

If you were thinking about a home theater system which of the following represents the feedback?

Accepted Answer

A) The DVD player, DVD movie, speakers, TV, and electricity. 
B) Playing the movie including the audio through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play, pause, rewind, or fast forward. 
A) The DVD player, DVD movie, speakers, TV, and electricity. 
B) Playing the movie including the audio through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play, pause, rewind, or fast forward.

Question 16

Which of the following represents a reason why competitive advantages are typically temporary?

Accepted Answer

A) The competitor will hire away your key employees. 
B) The competitor quickly seeks ways to duplicate your business operations. 
C) The competitor will purchase new technology. 
D) All of the above. 
A) The competitor will hire away your key employees. 
B) The competitor quickly seeks ways to duplicate your business operations. 
C) The competitor will purchase new technology. 
D) All of the above.

Question 17

The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers. Victory Wireless offers customers who purchase an iPhone with a 2-year subscription a free Otter phone case, car charger, ear phones, and speakers. In terms of Porter's Five Forces what is Victory Wireless attempting to achieve with this marketing strategy?

Accepted Answer

A) Increase buyer power. 
B) Increase substitute products. 
C) Decrease supplier power. 
D) Decrease buyer power. 
A) Increase buyer power. 
B) Increase substitute products. 
C) Decrease supplier power. 
D) Decrease buyer power.

Question 18

The business decisions made by the human resources department include potential customer data, sales report data, commission data, and customer support data.

Accepted Answer

A) True 
 B)False

Question 19

Which data types are typically found in the operations management department?

Accepted Answer

A) Manufacturing data, distribution data, and production data. 
B) Sales data, customer data, commission data, and customer support data. 
C) Employee data, promotion data, vacation data. 
D) Investment data, monetary data, reporting data. 
A) Manufacturing data, distribution data, and production data. 
B) Sales data, customer data, commission data, and customer support data. 
C) Employee data, promotion data, vacation data. 
D) Investment data, monetary data, reporting data.

Question 20

What is data?

Accepted Answer

A) Raw facts that describe the characteristics of an event or object. 
B) Data converted into a meaningful and useful context. 
C) Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making. 
D) Skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources. 
A) Raw facts that describe the characteristics of an event or object. 
B) Data converted into a meaningful and useful context. 
C) Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making. 
D) Skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources.

The chief data officer is responsible for ensuring the speed, accuracy, availability, and reliability for MIS.

Which of the following is considered a core driver of the information age?

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's five forces model. Which of the following represents a threat of a new entrant in the soft drink industry?

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.

Decreasing customer loyalty, increasing costs, and decreasing sales are all examples of business strategies.

In terms of system thinking, what is process?

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

Which of the following represents the types of data commonly found in the human resource department?

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

The chief data officer (CDO)is responsible for determining the types of information the enterprise will capture, retain, analyze, and share.

Business analytics use techniques that describe past performance and history.

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Which of the following describes structured data?

If you were thinking about a home theater system which of the following represents the feedback?

Which of the following represents a reason why competitive advantages are typically temporary?

The business decisions made by the human resources department include potential customer data, sales report data, commission data, and customer support data.

Which data types are typically found in the operations management department?

What is data?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Emerging Trends and Technologies

Filters

Exam 1: Management Information Systems: Business Driven MIS

The chief data officer is responsible for ensuring the speed, accuracy, availability, and reliability for MIS.

Which of the following is considered a core driver of the information age?

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's five forces model. Which of the following represents a threat of a new entrant in the soft drink industry?

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.

Decreasing customer loyalty, increasing costs, and decreasing sales are all examples of business strategies.

In terms of system thinking, what is process?

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

Which of the following represents the types of data commonly found in the human resource department?

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

The chief data officer (CDO)is responsible for determining the types of information the enterprise will capture, retain, analyze, and share.

Business analytics use techniques that describe past performance and history.

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Which of the following describes structured data?

If you were thinking about a home theater system which of the following represents the feedback?

Which of the following represents a reason why competitive advantages are typically temporary?

The business decisions made by the human resources department include potential customer data, sales report data, commission data, and customer support data.

Which data types are typically found in the operations management department?

What is data?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Emerging Trends and Technologies

Filters