Question 1

If you were thinking about a washing machine as a system, which of the following represents the process?

Accepted Answer

A) the dirty clothes, water, and detergent 
B) the clean clothes 
C) the wash and rinse cycle 
D) the light indicating that the washer is off balance and has stopped 
A) the dirty clothes, water, and detergent 
B) the clean clothes 
C) the wash and rinse cycle 
D) the light indicating that the washer is off balance and has stopped

Question 2

What is threat of new entrants?

Accepted Answer

A) the ability of buyers to affect the price they must pay for an item 
B) the suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services) 
C) high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market 
D) high when there are many alternatives to a product or service and low when there are few alternatives from which to choose 
A) the ability of buyers to affect the price they must pay for an item 
B) the suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services) 
C) high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market 
D) high when there are many alternatives to a product or service and low when there are few alternatives from which to choose

Question 3

Porter has identified three generic business strategies including focused, broad cost leadership, and switching strategy.

Accepted Answer

A) True 
 B)False

Question 4

The department within a company that records, measures, and reports monetary transactions is called _____________.

Accepted Answer

A) accounting 
B) marketing 
C) human resources 
D) operations management 
A) accounting 
B) marketing 
C) human resources 
D) operations management

Question 5

Who is responsible for ensuring the ethical and legal use of information within a company?

Accepted Answer

A) Chief Knowledge Officer (CKO) 
B) Chief Privacy Officer (CPO) 
C) Chief Technology Officer (CTO) 
D) Chief Information Officer (CIO) 
A) Chief Knowledge Officer (CKO) 
B) Chief Privacy Officer (CPO) 
C) Chief Technology Officer (CTO) 
D) Chief Information Officer (CIO)

Question 6

Which of the following are included as potential external opportunities in a SWOT analysis that are helpful to an organization?

Accepted Answer

A) core competencies, market leaders, cost advantages, excellent management 
B) lack of strategic direction, obsolete technologies, lack of managerial talent, outdated, product line 
C) expanded product line, increase in demand, new markets, new regulations 
D) new entrants, substitute products, shrinking markets, costly regulatory, requirements 
A) core competencies, market leaders, cost advantages, excellent management 
B) lack of strategic direction, obsolete technologies, lack of managerial talent, outdated, product line 
C) expanded product line, increase in demand, new markets, new regulations 
D) new entrants, substitute products, shrinking markets, costly regulatory, requirements

Question 7

Cheryl is the operations manager for Nature's Bread Company, which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of knowledge that Cheryl would be using to successfully perform her job?

Accepted Answer

A) Craig Newmark is customer number 15467. 
B) Flour Power is supplier number 8745643. 
C) best-selling product by day 
D) Best-selling product changes when Tony the best baker is working. 
A) Craig Newmark is customer number 15467. 
B) Flour Power is supplier number 8745643. 
C) best-selling product by day 
D) Best-selling product changes when Tony the best baker is working.

Question 8

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Accepted Answer

A) True 
 B)False

Question 9

Successful companies today operate cross-functionally, integrating the operations of all departments.

Accepted Answer

A) True 
 B)False

Question 10

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Accepted Answer

A) feedback 
B) processing 
C) output management 
D) sales processing 
A) feedback 
B) processing 
C) output management 
D) sales processing

Question 11

Choosing not to fire a sales representative who is underperforming, knowing that person is experiencing family problems, is a form of knowledge.

Accepted Answer

A) True 
 B)False

Question 12

Which strategy below helps an organization choose its business focus?

Accepted Answer

A) SWOT Analysis 
B) The Five Forces Model 
C) Value Chain Analysis 
D) Three Generic Strategies 
A) SWOT Analysis 
B) The Five Forces Model 
C) Value Chain Analysis 
D) Three Generic Strategies

Question 13

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Accepted Answer

A) True 
 B)False

Question 14

Cooking a patty and putting the ingredients together are included in which category of making a hamburger?

Accepted Answer

A) input 
B) process 
C) output 
D) All of these are correct. 
A) input 
B) process 
C) output 
D) All of these are correct.

Question 15

___________ is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Accepted Answer

A) Internet of Things 
B) Predictive Analytics 
C) Machine to Machine 
D) Flat World 
A) Internet of Things 
B) Predictive Analytics 
C) Machine to Machine 
D) Flat World

Question 16

Which of the following represents the types of data commonly found in the sales department?

Accepted Answer

A) customer data 
B) sales report data 
C) commission data 
D) All of these are correct. 
A) customer data 
B) sales report data 
C) commission data 
D) All of these are correct.

Question 17

The business decisions made by the marketing department include transactional data, purchasing data, payroll data, and tax data.

Accepted Answer

A) True 
 B)False

Question 18

Which group of stakeholders' primary interests include reliable contracts, ethical materials handling, and responsible production?

Accepted Answer

A) partners/suppliers 
B) shareholders/investors 
C) community 
D) government 
A) partners/suppliers 
B) shareholders/investors 
C) community 
D) government

Question 19

According to Porter it is recommended to adopt only one of the three generic strategies.

Accepted Answer

A) True 
 B)False

Question 20

Most companies are typically organized by departments or functional areas.Which of the following is not a common department found in a company?

Accepted Answer

A) accounting 
B) payroll 
C) marketing 
D) human resources 
A) accounting 
B) payroll 
C) marketing 
D) human resources

If you were thinking about a washing machine as a system, which of the following represents the process?

What is threat of new entrants?

Porter has identified three generic business strategies including focused, broad cost leadership, and switching strategy.

The department within a company that records, measures, and reports monetary transactions is called _____________.

Who is responsible for ensuring the ethical and legal use of information within a company?

Which of the following are included as potential external opportunities in a SWOT analysis that are helpful to an organization?

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Successful companies today operate cross-functionally, integrating the operations of all departments.

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Choosing not to fire a sales representative who is underperforming, knowing that person is experiencing family problems, is a form of knowledge.

Which strategy below helps an organization choose its business focus?

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Cooking a patty and putting the ingredients together are included in which category of making a hamburger?

___________ is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Which of the following represents the types of data commonly found in the sales department?

The business decisions made by the marketing department include transactional data, purchasing data, payroll data, and tax data.

Which group of stakeholders' primary interests include reliable contracts, ethical materials handling, and responsible production?

According to Porter it is recommended to adopt only one of the three generic strategies.

Most companies are typically organized by departments or functional areas.Which of the following is not a common department found in a company?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns: Module 2: Technical Foundations of MIS

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business: Module 3: Enterprise MIS

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporateresponsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Data-Bases-Apply Your Knowledge-Glossary

Filters

Exam 1: Management Information Systems: Business Driven MIS

If you were thinking about a washing machine as a system, which of the following represents the process?

What is threat of new entrants?

Porter has identified three generic business strategies including focused, broad cost leadership, and switching strategy.

The department within a company that records, measures, and reports monetary transactions is called _____________.

Who is responsible for ensuring the ethical and legal use of information within a company?

Which of the following are included as potential external opportunities in a SWOT analysis that are helpful to an organization?

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Successful companies today operate cross-functionally, integrating the operations of all departments.

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Choosing not to fire a sales representative who is underperforming, knowing that person is experiencing family problems, is a form of knowledge.

Which strategy below helps an organization choose its business focus?

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Cooking a patty and putting the ingredients together are included in which category of making a hamburger?

___________ is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Which of the following represents the types of data commonly found in the sales department?

The business decisions made by the marketing department include transactional data, purchasing data, payroll data, and tax data.

Which group of stakeholders' primary interests include reliable contracts, ethical materials handling, and responsible production?

According to Porter it is recommended to adopt only one of the three generic strategies.

Most companies are typically organized by departments or functional areas.Which of the following is not a common department found in a company?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns: Module 2: Technical Foundations of MIS

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business: Module 3: Enterprise MIS

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporateresponsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Data-Bases-Apply Your Knowledge-Glossary

Filters