Exam 2: Decisions and Processes: Value Driven Business

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Which of the below processes would be found in the operations management department?

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Review the below statements.Which one does not represent an example of a structured decision?

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Differentiate among business process improvements,streamlining,and reengineering.

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Sarah Schin was recently hired by Bank West as the Global Director of Human Resources.Her job duties include determining employment policies as well as overseeing all hiring,firing,and training of employees.What type of processes does Sarah's new job demonstrate?

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Which of the following represents an example of a technology that actually disrupts and slows workflow?

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

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A(n)_________ agent is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users.

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The accounting and finance department performs processes such as creating financial statements,paying accounts payables,and collecting accounts receivables.What form of processes do these represent?

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Which of the below represents an internal KPI that indicates the earning power of a project?

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At which level will a manager use analytics to make decisions?

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Operational decisions or semistructured decisions arise in situations where established processes offer potential solutions.

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Which of the below key terms represents the types of decisions made at the operational,managerial,and strategic levels of a company?

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___________ MIS metrics measure the performance of the IT system itself including throughput,speed,availability,etc.

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To-Be process __________ represent the current state of the operation that has been mapped,without any specific improvements or changes to existing processes.

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What is the primary goal of the As-Is process model?

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Which of the below describes the efficiency MIS metric of throughout?

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What occurs in situations in which no procedures or rules exist to guide decision makers toward the correct choice?

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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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To-Be process models show the results of applying change improvement opportunities to the current (As-Is)process model.

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Intelligent systems are various commercial applications of artificial intelligence.

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