Question 1

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

Accepted Answer

A) The uncooked food. 
B) The cooked food. 
C) A light indicating that the oven has reached the preheated temperature. 
D) The oven running at 350 degrees for 20 minutes. 
A) The uncooked food. 
B) The cooked food. 
C) A light indicating that the oven has reached the preheated temperature. 
D) The oven running at 350 degrees for 20 minutes.

Question 2

With the Five Forces Model, companies should watch the forces in the market.If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

Accepted Answer

A) True 
 B)False

Question 3

A ____________ is the confirmation or validation of an event or object.

Accepted Answer

The answer of A ____________ is the confirmation or validation...

Question 4

Rivalry among existing competitors is __________ when competition is fierce in a market and low when competitors are more complacent.

Accepted Answer

The answer of Rivalry among existing competitors is __________ when...

Question 5

Porter has identified three _________ business strategies for entering a new market: (1) broad cost leadership, (2) broad differentiation, and (3) focused strategy.

Accepted Answer

The answer of Porter has identified three _________ business strategies...

Question 6

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's Five Forces Model.Which of the following represents buyer power in the soft-drink industry?

Accepted Answer

A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Vitamin water, fruit juice, coffee. 
A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Vitamin water, fruit juice, coffee.

Question 7

If you were thinking about a home theater system, which of the following represents the feedback?

Accepted Answer

A) The DVD player, DVD movie, speakers, TV, and electricity. 
B) Playing the movie, including the audio, through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play, pause, rewind, or fast forward. 
A) The DVD player, DVD movie, speakers, TV, and electricity. 
B) Playing the movie, including the audio, through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play, pause, rewind, or fast forward.

Question 8

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

Accepted Answer

A) Accounting. 
B) Marketing. 
C) Finance. 
D) Operations Management. 
A) Accounting. 
B) Marketing. 
C) Finance. 
D) Operations Management.

Question 9

When evaluating the value chain, which of the following is included in the support value activities?

Accepted Answer

A) Inbound activities. 
B) Marketing and sales. 
C) Firm infrastructure. 
D) Finance and sales. 
A) Inbound activities. 
B) Marketing and sales. 
C) Firm infrastructure. 
D) Finance and sales.

Question 10

Which four elements are included in systems thinking?

Accepted Answer

A) Output, process, feedback, and accounting. 
B) Process, output, operations, and accounting. 
C) Input, process, output, and feedback. 
D) Input, output, sales, and feedback. 
A) Output, process, feedback, and accounting. 
B) Process, output, operations, and accounting. 
C) Input, process, output, and feedback. 
D) Input, output, sales, and feedback.

Question 11

Which of the following provides an example of information?

Accepted Answer

A) Who is customer number 12345XX? 
B) What is product number 12345XX? 
C) What customer number is Bob Smith? 
D) What is my worst-selling product? 
A) Who is customer number 12345XX? 
B) What is product number 12345XX? 
C) What customer number is Bob Smith? 
D) What is my worst-selling product?

Question 12

Focused strategies concentrate on either cost leadership or ___________.

Accepted Answer

The answer of Focused strategies concentrate on either cost leadership...

Question 13

Which of the following represents a company in a supply chain?

Accepted Answer

A) Customer and competitor. 
B) Supplier and competitor. 
C) Knowledge worker and supplier. 
D) Supplier and customer. 
A) Customer and competitor. 
B) Supplier and competitor. 
C) Knowledge worker and supplier. 
D) Supplier and customer.

Question 14

Information technology can enable departments to more efficiently and effectively perform their core _____________.

Accepted Answer

A) Facts. 
B) Feedback mechanisms. 
C) Business operations. 
D) Media issues. 
A) Facts. 
B) Feedback mechanisms. 
C) Business operations. 
D) Media issues.

Question 15

The __________ management department in a company manages the process of converting or transforming of resources into goods or services.

Accepted Answer

The answer of The __________ management department in a company...

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Porter's Five Forces Model outlines the process for a sales strategy.

Accepted Answer

A) True 
 B)False

Question 18

Cheryl Steffan 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 a piece of data Cheryl would be using to successfully perform her job?

Accepted Answer

A) Craig Newmark is customer number 15467. 
B) Compare the costs of supplies, including energy, over the last five years to determine the best-selling product by month. 
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) Compare the costs of supplies, including energy, over the last five years to determine the best-selling product by month. 
C) Best-selling product by day. 
D) Best-selling product changes when Tony, the best baker, is working.

Question 19

A standardized set of activities that accomplish a specific task is called a supply chain component.

Accepted Answer

A) True 
 B)False

Question 20

Imagine you are creating a new product to sell in an up-and-coming market.Which of the following statements indicates that it would be easy for you as the new entrants to compete in this market?

Accepted Answer

A) The threat of new entrants force is high in the up-and-coming market. 
B) The threat of new entrants force is low in the up-and-coming market. 
C) The threat of new entrants force is impossible to define in the up-and-coming market. 
D) All of these, depending on the time of year. 
A) The threat of new entrants force is high in the up-and-coming market. 
B) The threat of new entrants force is low in the up-and-coming market. 
C) The threat of new entrants force is impossible to define in the up-and-coming market. 
D) All of these, depending on the time of year.

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

With the Five Forces Model, companies should watch the forces in the market.If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

A ____________ is the confirmation or validation of an event or object.

Rivalry among existing competitors is __________ when competition is fierce in a market and low when competitors are more complacent.

Porter has identified three _________ business strategies for entering a new market: (1) broad cost leadership, (2) broad differentiation, and (3) focused strategy.

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's Five Forces Model.Which of the following represents buyer power in the soft-drink industry?

If you were thinking about a home theater system, which of the following represents the feedback?

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

When evaluating the value chain, which of the following is included in the support value activities?

Which four elements are included in systems thinking?

Which of the following provides an example of information?

Focused strategies concentrate on either cost leadership or ___________.

Which of the following represents a company in a supply chain?

Information technology can enable departments to more efficiently and effectively perform their core _____________.

The __________ management department in a company manages the process of converting or transforming of resources into goods or services.

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

Porter's Five Forces Model outlines the process for a sales strategy.

A standardized set of activities that accomplish a specific task is called a supply chain component.

Imagine you are creating a new product to sell in an up-and-coming market.Which of the following statements indicates that it would be easy for you as the new entrants to compete in this market?

Decision and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructure: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software

Networks and Telecommunications

Designing Databases

Filters

Exam 1: Management Information Systems: Business Driven MIS

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

With the Five Forces Model, companies should watch the forces in the market.If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

A ____________ is the confirmation or validation of an event or object.

Rivalry among existing competitors is __________ when competition is fierce in a market and low when competitors are more complacent.

Porter has identified three _________ business strategies for entering a new market: (1) broad cost leadership, (2) broad differentiation, and (3) focused strategy.

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's Five Forces Model.Which of the following represents buyer power in the soft-drink industry?

If you were thinking about a home theater system, which of the following represents the feedback?

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

When evaluating the value chain, which of the following is included in the support value activities?

Which four elements are included in systems thinking?

Which of the following provides an example of information?

Focused strategies concentrate on either cost leadership or ___________.

Which of the following represents a company in a supply chain?

Information technology can enable departments to more efficiently and effectively perform their core _____________.

The __________ management department in a company manages the process of converting or transforming of resources into goods or services.

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

Porter's Five Forces Model outlines the process for a sales strategy.

A standardized set of activities that accomplish a specific task is called a supply chain component.

Imagine you are creating a new product to sell in an up-and-coming market.Which of the following statements indicates that it would be easy for you as the new entrants to compete in this market?

Decision and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructure: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software

Networks and Telecommunications

Designing Databases

Filters