Exam 2: Decisions and Processes: Value Driven Business

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Business process reengineering is the analysis and redesign of workflow within and between enterprises.

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A transaction processing system (TPS) is the basic business system that assists operational level analysts when making structured decisions.Which of the following is not an example of a TPS?

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Which of the following is an example of a critical success factor?

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What includes the tasks, activities, and responsibilities required to execute each step in a business process?

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Changing business processes with MIS outlines how to improve the three levels of business processes: operational, managerial, and strategic.From operational to strategic, what are the three major improvement strategies that the author describes?

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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?

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

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Which of the following is an incorrect enterprise view of information technology?

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Sears department stores used to plant employees in competitors' stores to perform research and analysis.Recently the company implemented a system that can search competitor websites and provide comparisons of price, promotions, and availability and the system is saving time, money, and resources.What type of system did Sears implement?

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Strategic planning is a customer-facing business process.

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A model is a simplified representation or abstraction of reality.

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Which represents the four main steps in the business process reengineering?

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Core processes are business processes, such as manufacturing goods, selling products, and providing services, that make up the primary activities in a value chain.

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What are strategic business processes?

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What is the manipulation of information to create business intelligence in support of strategic decision making?

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The manipulation of information to create business intelligence in support of strategic decision making is referred to as OLTP or online transaction processing.

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What is the primary goal of the As-Is process model?

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Analytics is the science of fact-based decision making.

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What is a simplified representation or abstraction of reality?

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Visualization produces graphical displays of patterns and complex relationships in large amounts of data.

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