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.

Exam 1: Management Information Systems: Business Driven MIS

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

(Multiple Choice)

4.9/5

(46)

Question 121

Cody Osterman holds an executive position at Trek Enterprises. His role is the newest senior executive position at the organization. He has advised the company on privacy procedures and processes, and has initiated a training program for employees about the privacy policy, customer confidentiality, and data security. Based on this description, what position does Cody hold at Trek Enterprises?

(Multiple Choice)

4.8/5

(34)

Question 122

Which of the following is considered information?

(Multiple Choice)

4.9/5

(38)

Question 123

It is not uncommon to find stakeholders' business strategies have conflicting interests such as investors looking to increase profits by eliminating employee jobs.

(True/False)

4.8/5

(34)

Question 124

What is the difference between the CIO and CDO of an organization?

(Multiple Choice)

4.8/5

(42)

Question 125

Top managers use social intelligence to define the future of the business, analyzing markets, industries and economies to determine the strategic direction the company must follow to remain unprofitable.

(True/False)

4.8/5

(45)

Question 126

Which of the following does not describe unstructured data?

(Multiple Choice)

4.8/5

(48)

Question 127

A leadership plan that achieves a specific set of goals or objectives is a business strategy.

(True/False)

4.9/5

(42)

Question 128

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

(Multiple Choice)

4.7/5

(36)

Question 129

What uses techniques that describe past performance and history?

(Multiple Choice)

4.9/5

(32)

Question 130

Some industries' competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter's Five Forces?

(Multiple Choice)

4.8/5

(41)

Question 131

Which of the following represents the relationship between functional areas in a business?

(Multiple Choice)

4.9/5

(36)

Question 132

What is knowledge?

(Multiple Choice)

4.9/5

(40)

Question 133

Business analytics is the scientific process of transforming data into insight for making better decisions.

(True/False)

4.8/5

(39)

Question 134

Michael Porter defined the Five Forces Model and the potential pressures that can hurt sales. Which of the following is not one of the potential pressures that can hurt sales?

(Multiple Choice)

4.9/5

(42)

Question 135

Businesses rarely need to update business strategies as the business environment remains relatively stable.

(True/False)

4.8/5

(22)

Question 136

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

(True/False)

4.7/5

(40)

Question 137

There are many challenges to changing doctors, including transferring medical records and losing the doctor patient relationship along with the doctor's knowledge of the patient's history. Changing doctors provides a great example of switching costs.

(True/False)

4.8/5

(37)

Question 138

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer. What age is this statement referring to?

(Multiple Choice)

4.8/5

(43)

Question 139

If you were thinking about an oven as a system which of the following represents the feedback?

(Multiple Choice)

4.7/5

(42)

Question 140

Showing 121 - 140 of 473

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

Which of the following is considered information?

It is not uncommon to find stakeholders' business strategies have conflicting interests such as investors looking to increase profits by eliminating employee jobs.

What is the difference between the CIO and CDO of an organization?

Top managers use social intelligence to define the future of the business, analyzing markets, industries and economies to determine the strategic direction the company must follow to remain unprofitable.

Which of the following does not describe unstructured data?

A leadership plan that achieves a specific set of goals or objectives is a business strategy.

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

What uses techniques that describe past performance and history?

Some industries' competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter's Five Forces?

Which of the following represents the relationship between functional areas in a business?

What is knowledge?

Business analytics is the scientific process of transforming data into insight for making better decisions.

Michael Porter defined the Five Forces Model and the potential pressures that can hurt sales. Which of the following is not one of the potential pressures that can hurt sales?

Businesses rarely need to update business strategies as the business environment remains relatively stable.

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

There are many challenges to changing doctors, including transferring medical records and losing the doctor patient relationship along with the doctor's knowledge of the patient's history. Changing doctors provides a great example of switching costs.

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer. What age is this statement referring to?

If you were thinking about an oven as a system which of the following represents the feedback?

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