Exam 2: Decisions and Processes: Value Driven Business

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Which of the following are the four common types of effectiveness MIS metrics?

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Which business process would you find in the marketing and sales division?

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Operational business processes are dynamic, nonroutine, long-term business processes such as financial planning, expansion strategies, and stakeholder interactions.

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

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Which of the following is not a feature of a neural network?

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What types of metrics measure customer satisfaction?

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Review the following list of key terms and determine which one typically occurs during managerial business process improvement.

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The local florist in town is Cheryl Steffan who has been in business for over 20 years. Recently, Cheryl has noticed several complaints about delivery errors.Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking.Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness.What method did Cheryl follow to solve her delivery issues?

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Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?

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

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Which of the following represents the top-down (executives to analysts) organizational levels of information technology systems?

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Source documents are simplified representation or abstraction of reality.

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What indicates the earning power of a project?

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Which of the following represents a business process you would find in the operations management department?

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Examples of static processes include running payroll, calculating taxes, and creating financial statements.

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What is the science of fact-based decision making?

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What is an optimizing system that can find and evaluate solutions with many more possibilities, faster and more thoroughly than a human?

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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 is the primary goal of using As-Is and To-Be process models?

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The structure of a typical organization is similar to a pyramid, with different levels that require one consistent type of information to assist with all managerial decision making.

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