Exam 1: Management Information Systems: Business Driven MIS

Gina works for Aquarium Retail Services selling high-end saltwater fish and tank supplies.Aquarium Retail Services is the current market leader in Gina's city.Gina has recently been approached by Deep Blue Incorporated with an opportunity to run its corporate nationwide marketing and sales division.Gina decides to jump at the opportunity! Deep Blue is attempting to gain a competitive ________ by stealing its competitor's key employees.

Updating business strategies is a continuous undertaking as internal and external environments ________.

Which data types are typically found in the human resources department?

What is data?

The challenge that companies today sometimes have is that they are departmentalized and act independently of each other.Which of the following provides solutions that can help a company work interdepartmentally to make decisions and solve problems?

Some industries' competition is much more intense than others.Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete.What is this an example of in terms of Porter's Five Forces?

In a SWOT analysis, potential external threats are harmful when they identify all threats or risks detrimental to your organization, including new market entrants, substitute products, employee turnover, differentiating products, shrinking markets, adverse changes in regulations, economic shifts, and so on.

Cars, groceries, and clothing belong in which category?

The sales and marketing departments primarily use monetary data.

Which group of stakeholder's primary interests include maximizing profits, growing market share, and high return on investment?

All of the following are common tools used in industry to analyze and develop competitive advantages, except _________.

Which department tracks strategic financial issues, including money, banking, credit, investments, and assets?

Who is responsible for collecting, maintaining, and distributing company knowledge?

Teaching, waiting tables, and cutting hair belong in which category?

When evaluating the value chain, all of the following are included in the primary value activities except _________.

Competitive advantages provide the same product or service either at a lower price or with additional value that can fetch premium prices.

Machine to machine (M2M) extracts information from data and uses it to predict future trends and identify behavioral patterns.

The business decisions made by the human resources department include investment data, monetary data, and reporting data.

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

What is business intelligence?