Question 1

At which level of an organization do managers develop overall business strategies, goals, and objectives as part of the company's strategic plan?

Accepted Answer

A) Operational level 
B) Managerial level 
C) Strategic level 
D) All of the above 
A) Operational level 
B) Managerial level 
C) Strategic level 
D) All of the above

Question 2

What is the science of fact-based decision making?

Accepted Answer

A) Analytics 
B) Structured decisions 
C) Unstructured decisions 
D) Semistructured decisions 
A) Analytics 
B) Structured decisions 
C) Unstructured decisions 
D) Semistructured decisions

Question 3

What is used to control the flow of a process?

Accepted Answer

A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway 
A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway

Question 4

Which of the below describes the efficiency MIS metric of throughput?

Accepted Answer

A) The number of hours a system is available for users 
B) The time it takes to respond to user interactions such as a mouse click 
C) The amount of information that can travel through a system at any point in time 
D) The ease with which people perform transactions and/or find information 
A) The number of hours a system is available for users 
B) The time it takes to respond to user interactions such as a mouse click 
C) The amount of information that can travel through a system at any point in time 
D) The ease with which people perform transactions and/or find information

Question 5

Which of the below would not be found in a digital dashboard for a manufacturing team?

Accepted Answer

A) A graph of stock market prices 
B) A running line graph of planned versus actual production for the past 24 hours 
C) An excel spreadsheet with cost analysis data 
D) A hot list of key performance indicators, refreshed every 15 minutes 
A) A graph of stock market prices 
B) A running line graph of planned versus actual production for the past 24 hours 
C) An excel spreadsheet with cost analysis data 
D) A hot list of key performance indicators, refreshed every 15 minutes

Question 6

What refers to a set of instructions that completes a task?

Accepted Answer

A) Algorithm. 
B) Machine learning. 
C) Weak AI. 
D) Strong AI. 
A) Algorithm. 
B) Machine learning. 
C) Weak AI. 
D) Strong AI.

Question 7

Which of the following is the most commonly used form of AI in the business arena?

Accepted Answer

A) Intelligent system 
B) Artificial intelligence 
C) Expert system 
D) Neural network 
A) Intelligent system 
B) Artificial intelligence 
C) Expert system 
D) Neural network

Question 8

What is represented by arrows in a business process model?

Accepted Answer

A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway 
A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway

Question 9

What is the ability of a machine to see in dim light or to detect weak impulses at invisible wavelengths?

Accepted Answer

A) Case-based reasoning. 
B) Machine Vision. 
C) Machine vision sensitivity. 
D) Machine vision resolution. 
A) Case-based reasoning. 
B) Machine Vision. 
C) Machine vision sensitivity. 
D) Machine vision resolution.

Question 10

What displays the path in which the process flows?

Accepted Answer

A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway 
A) BPMN Event 
B) BPMN Activity 
C) BPMN Flow 
D) BPMN Gateway

Question 11

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

Accepted Answer

A) Online transaction processing (OLTP) 
B) Online analytical processing (OLAP) 
C) Digital dashboard 
D) Visualization 
A) Online transaction processing (OLTP) 
B) Online analytical processing (OLAP) 
C) Digital dashboard 
D) Visualization

Question 12

What are measurements that evaluate results to determine whether a project is meeting its goals?

Accepted Answer

A) ROI 
B) Metrics 
C) Best practices 
D) KPI 
A) ROI 
B) Metrics 
C) Best practices 
D) KPI

Question 13

Market share measures a firm's external performance relative to that of its competitors. Which of the following represents how a firm measures market share?

Accepted Answer

A) Multiplying the firm's sales by the industries total sales 
B) Dividing the firm's sales by the total market sales for the entire industry 
C) Subtracting your competitors sales from your total sales 
D) Subtracting the industries total sales from the firm's total sales 
A) Multiplying the firm's sales by the industries total sales 
B) Dividing the firm's sales by the total market sales for the entire industry 
C) Subtracting your competitors sales from your total sales 
D) Subtracting the industries total sales from the firm's total sales

Question 14

A Business Process Model and Notation (BPMN)gateway is used to control the flow of a process.

Accepted Answer

A) True 
 B)False

Question 15

Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on ________.

Accepted Answer

A) Understanding how successful a firm is at achieving its goals and objectives 
B) Analyzing if a firm is doing the right things 
C) Setting the right goals and ensuring they are accomplished 
D) All of the above 
A) Understanding how successful a firm is at achieving its goals and objectives 
B) Analyzing if a firm is doing the right things 
C) Setting the right goals and ensuring they are accomplished 
D) All of the above

Question 16

What are managerial business processes?

Accepted Answer

A) Dynamic, nonroutine, long-term business processes such as financial planning, expansion strategies, and stakeholder interactions. 
B) Semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements 
C) Static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes. 
D) None of the above 
A) Dynamic, nonroutine, long-term business processes such as financial planning, expansion strategies, and stakeholder interactions. 
B) Semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements 
C) Static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes. 
D) None of the above

Question 17

Operational decisions are considered structured decisions.

Accepted Answer

A) True 
 B)False

Question 18

Fuzzy logic is a mathematical method of handling imprecise or subjective information.

Accepted Answer

A) True 
 B)False

Question 19

Operational decisions or semistructured decisions arise in situations where established processes offer potential solutions.

Accepted Answer

A) True 
 B)False

Question 20

Which of the below is considered the process in the systems thinking example of a DSS?

Accepted Answer

A) TPS 
B) Optimization 
C) Forecasts 
D) Simulation 
A) TPS 
B) Optimization 
C) Forecasts 
D) Simulation

At which level of an organization do managers develop overall business strategies, goals, and objectives as part of the company's strategic plan?

What is the science of fact-based decision making?

What is used to control the flow of a process?

Which of the below describes the efficiency MIS metric of throughput?

Which of the below would not be found in a digital dashboard for a manufacturing team?

What refers to a set of instructions that completes a task?

Which of the following is the most commonly used form of AI in the business arena?

What is represented by arrows in a business process model?

What is the ability of a machine to see in dim light or to detect weak impulses at invisible wavelengths?

What displays the path in which the process flows?

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

What are measurements that evaluate results to determine whether a project is meeting its goals?

Market share measures a firm's external performance relative to that of its competitors. Which of the following represents how a firm measures market share?

A Business Process Model and Notation (BPMN)gateway is used to control the flow of a process.

Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on ________.

What are managerial business processes?

Operational decisions are considered structured decisions.

Fuzzy logic is a mathematical method of handling imprecise or subjective information.

Operational decisions or semistructured decisions arise in situations where established processes offer potential solutions.

Which of the below is considered the process in the systems thinking example of a DSS?

Management Information Systems: Business Driven MIS

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 2: Decisions and Processes: Value Driven Business

At which level of an organization do managers develop overall business strategies, goals, and objectives as part of the company's strategic plan?

What is the science of fact-based decision making?

What is used to control the flow of a process?

Which of the below describes the efficiency MIS metric of throughput?

Which of the below would not be found in a digital dashboard for a manufacturing team?

What refers to a set of instructions that completes a task?

Which of the following is the most commonly used form of AI in the business arena?

What is represented by arrows in a business process model?

What is the ability of a machine to see in dim light or to detect weak impulses at invisible wavelengths?

What displays the path in which the process flows?

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

What are measurements that evaluate results to determine whether a project is meeting its goals?

Market share measures a firm's external performance relative to that of its competitors. Which of the following represents how a firm measures market share?

A Business Process Model and Notation (BPMN)gateway is used to control the flow of a process.

Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on ________.

What are managerial business processes?

Operational decisions are considered structured decisions.

Fuzzy logic is a mathematical method of handling imprecise or subjective information.

Operational decisions or semistructured decisions arise in situations where established processes offer potential solutions.

Which of the below is considered the process in the systems thinking example of a DSS?

Management Information Systems: Business Driven MIS

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