Exam 2: Decisions and Processes: Value Driven Business

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Which of the following processes focuses on the entire customer order process and operates across functional departments?

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What is drill-down capability?

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A Business Process Model and Notation (BPMN) event is anything that happens during the course of a business process.An event is represented by a circle in a business process model.

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

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Anne Marie Cole runs the sales division for a local auto insurance firm.One of her key duties is to ensure the company has 10 percent market share by the end of the year.When evaluating the current sales numbers, she determines that her sales division has total sales of $3 million and the entire industry has total sales of $50 million.What additional sales must Anne Marie's division meet to ensure they have 10 percent of the market by the end of the year?

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Which of the following is an important challenge facing managers today?

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What is a graphical notation that depicts the steps in a business process?

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

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Managers use transactional information when making structured decisions at the operational level.

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A manager who must implement a loyalty program across 500 hotels would be placed in which category for managerial decision-making challenges?

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What is a graphical display of patterns and complex relationships in large amounts of data?

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Which of the following offers an example of an intelligent agent that uses a multi-agent system?

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Which of the following is considered an input in the systems thinking example of a TPS?

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Effectiveness MIS metrics include throughput, transaction speed, and system availability.

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

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Bill Schultz works at a high-power investment firm in Los Angeles.Bill is responsible for promoting the firm's vision and creating the company-wide goals and strategies.He also monitors the overall strategic performance of the company and its direction for future business strategies.At what level of the organizational pyramid would you categorize Bill?

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Which of the following departments is primarily responsible for promoting discounts, attracting customers, and communicating marketing campaigns?

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A workflow control system monitors processes to ensure tasks, activities, and responsibilities are executed as specified.

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What are operational business processes?

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Classify the different operational support systems, managerial support systems, and strategic support systems, and explain how managers can use these systems to make decisions and gain competitive advantages.

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