Exam 2: Decisions and Processes: Value Driven Business

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Customer facing processes result in a product or service that is received by an organization's ___________ customer.

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What is the process of continuously measuring system results,comparing those results to optimal system performance,and identifying steps and procedures to improve system performance?

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Which of the below would you include as decisions and responsibilities typically found at the operational level of a company?

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Effectiveness MIS metrics include throughput,transaction speed,and system availability.

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When analyzing the interrelationships between efficiency and effectiveness,where would a company ideally want to operate?

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Changing business processes with MIS outlines how to improve the three levels of business processes which include operational,managerial,and strategic.From operational to strategic,what are the three major improvement strategies that the author describes?

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What produces graphical displays of patterns and complex relationships in large amounts of data?

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The structure of a typical organization is similar to a pyramid,with different levels that require one consistent type of information to assist with all managerial decision making.

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What is the basic business system that serves the operational level and assists in making structured decisions?

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What is the business process model that ensures the process is fully and clearly understood before the details of a process solution are decided upon?

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What are measurements that evaluate results to determine whether a project is meeting its goals?

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

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As the product manager for the eatery division at Whole Foods,Jerry is responsible for analyzing sales data to help him manage his team.Today Jerry is analyzing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information.Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?

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What is the flow that a systems thinking approach using a TPS would follow?

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____________ decisions are considered operational,and involve situations where established processes offer potential solutions.

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Fuzzy logic is the process within a genetic algorithm of randomly trying combinations and evaluating the success (or failure)of the outcome.

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Business process management systems evaluate and improve processes that include both person-to-person workflow and system-to-system communications.

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At the operational level employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

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Explain the value of business processes for a company,and differentiate between customer-facing and business-facing process.

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Which of the below is not considered a part of decision making at the managerial level?

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