Exam 2: Decisions and Processes: Value Driven Business

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What must managers be able to do to compete in today's global marketplace?

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Chuck Biggs has been hired to oversee all of the plans that the city of Denver has created to expand its train transportation system by adding six more lines to the metro area.Chuck will be responsible for planning the project,managing the processes,and finalizing each new line as it is completed.How would you categorize the majority of the decisions Chuck will have to make to complete his job?

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Which of the below does not represent a category of AI?

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What is slice-and-dice capability?

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__________ logic is a mathematical method of handling imprecise or subjective information.

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What would managers use to make structured decisions at the operational level?

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One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success while competing to win in today's business environment.

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At which level of an organization do managers develop overall business strategies,goals,and objectives as part of the company's strategic plan?

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The primary types of business process change from the operational level to the strategic level are _____________,streamlining,and reengineering.

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Which type of AI system assigns values of 0 and 1 to vague or ambiguous information?

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Which of the below is not considered a challenge facing most managers today?

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A project is a temporary activity a company undertakes to create a unique product,service,or result.

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Redundancy occurs when a task or activity is never repeated.

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Which of the below business processes would you find in the marketing and sales division?

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What types of business decisions would an EIS use AI for?

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System _____________ is the number of hours a system is available for use by customers and employees.

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Improving the efficiency and effectiveness of its business processes will improve a firm's value chain.

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Online transaction processing (OLTP)is the capturing of transaction and event information using technology to _____________.

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Asking "how many employees are out sick" is a type of operational question.

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What indicates the earning power of a project?

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