Exam 2: Decisions and Processes: Value Driven Business

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Which of the below processes would be found in the operations management department?

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At the operational level employees develop, control, and maintain core business activities required to run the day-to-day operations.

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What is the process of continuously measuring system results, comparing those results to optimal system performance, and identifying steps and procedures to improve system performance?

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What is the DSS analysis that checks the impact of a change in a variable or assumption on the model?

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Business Process Model and Notation (BPMN)is a graphical notation that depicts the steps in a business process.

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Metrics are measurements that evaluate results to determine whether a project is meeting its goals.

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What is the difference between the As-Is process model and the To-Be process model?

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Which of the following is considered a structured decision or strategic decision?

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What is a bar chart?

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What do usability effectiveness MIS metrics measure?

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Which of the below would you include as decisions and responsibilities typically found at the managerial level of a company?

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What is a computer-simulated environment that can be a simulation of the real world or an imaginary world?

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Measuring the amount of website traffic is the best way to determine an organization's success.

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Strategic business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.

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A static process uses a systematic approach in an attempt to improve business effectiveness and efficiency continuously. Managers constantly attempt to optimize static process.

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Operational business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.

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What refers to the level of detail in the model or the decision-making process?

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Which of the below is correct in terms of granularity?

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What indicates the earning power of a project?

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What is weak AI?

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