Question 1

A model is a simplified representation or abstraction of _________.

Accepted Answer

The answer of A model is a simplified representation or...

Question 2

The typical structure of a business organization is similar to a pyramid and consists,from top to bottom,of strategic,managerial,and _______________ levels.

Accepted Answer

The answer of The typical structure of a business organization...

Question 3

When evaluating the 5-steps in the order-to-delivery business process,step one includes creating a campaign and checking inventory,which are both part of the sales function.

Accepted Answer

A) True 
 B)False

Question 4

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

Accepted Answer

A) Online transaction processing (OLTP) 
B) Online analytical processing (OLAP) 
C) Digital dashboard 
D) Visualization 
A) Online transaction processing (OLTP) 
B) Online analytical processing (OLAP) 
C) Digital dashboard 
D) Visualization

Question 5

Define critical success factors (CSFs)and key performance indicators (KPIs),and explain how managers use them to measure the success of MIS projects.

Accepted Answer

Metrics are measurements that evaluate r

Question 6

What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel,and baggage handling for an airline?

Accepted Answer

A) Customer-facing processes 
B) Business-facing processes 
C) Industry-specific customer-facing processes 
D) All of the above 
A) Customer-facing processes 
B) Business-facing processes 
C) Industry-specific customer-facing processes 
D) All of the above

Question 7

What is the difference between customer-facing processes and business-facing processes?

Accepted Answer

A) Business-facing processes are front-office processes,customer-facing processes are back-office processes 
B) Customer-facing processes are front-office processes,business-facing processes are back-office processes 
C) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are back-office processes 
D) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are front-office processes 
A) Business-facing processes are front-office processes,customer-facing processes are back-office processes 
B) Customer-facing processes are front-office processes,business-facing processes are back-office processes 
C) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are back-office processes 
D) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are front-office processes

Question 8

What-if analysis checks the impact of a __________ in an assumption on the proposed solution.

Accepted Answer

The answer of What-if analysis checks the impact of a...

Question 9

Product delivery is a customer-facing business process.

Accepted Answer

A) True 
 B)False

Question 10

Which of the below is an important challenge facing managers today?

Accepted Answer

A) Making business decision 
B) Solving business problems 
C) Competing to win in today's market 
D) All of the above 
A) Making business decision 
B) Solving business problems 
C) Competing to win in today's market 
D) All of the above

Question 11

Investment companies use genetic effectiveness metrics to help in trading decisions.

Accepted Answer

A) True 
 B)False

Question 12

At the ______________ level,of a business structure,employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

Accepted Answer

The answer of At the ______________ level,of a business structure,employees...

Question 13

Which of the below categories of AI is used extensively in the finance industry to analyze situations where the logic or rules are unknown?

Accepted Answer

A) Expert system 
B) Virtual reality 
C) Neural network 
D) Genetic algorithm 
A) Expert system 
B) Virtual reality 
C) Neural network 
D) Genetic algorithm

Question 14

A neural network is a category of efficiency metrics where it attempts to measure the way the human brain works.

Accepted Answer

A) True 
 B)False

Question 15

What is consolidation?

Accepted Answer

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information 
B) The ability to look at information from different perspectives 
C) Enables users to get details,and details of details,of information 
D) Finds the inputs necessary to achieve a goal such as a desired level of output 
A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information 
B) The ability to look at information from different perspectives 
C) Enables users to get details,and details of details,of information 
D) Finds the inputs necessary to achieve a goal such as a desired level of output

Question 16

Van Lines Inc.is a large corporation operating in all 50 states.Jim Poulos is the regional manager overseeing the western division,which includes Utah,Colorado,Idaho,Montana,Wyoming,and Nevada.Jim receives data from his managers in each state which he loads into his digital dashboard for analysis of his entire western division.What digital dashboard capability is Jim primarily using?

Accepted Answer

A) Drill-down 
B) Slice-and-dice 
C) Intelligent system 
D) Consolidation 
A) Drill-down 
B) Slice-and-dice 
C) Intelligent system 
D) Consolidation

Question 17

Best practices are the most successful solutions or problem-solving methods that have been developed by a specific organization or industry.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following explains why a company would implement a BPR strategy?

Accepted Answer

A) To encourage competition 
B) To decrease customers 
C) To create value for the customer 
D) All of the above 
A) To encourage competition 
B) To decrease customers 
C) To create value for the customer 
D) All of the above

Question 19

When evaluating the six-step decision making process,what occurs during the solution selection step?

Accepted Answer

A) The process will begin again if the decisions made were incorrect 
B) Defining the problem as clearly and precisely as possible 
C) Details of every solution possible including ideas that seem far fetched 
D) The solution that best solves the problem is selected 
A) The process will begin again if the decisions made were incorrect 
B) Defining the problem as clearly and precisely as possible 
C) Details of every solution possible including ideas that seem far fetched 
D) The solution that best solves the problem is selected

Question 20

What is the manipulation of information to create business intelligence in support of strategic decision making?

Accepted Answer

A) OLTP 
B) OLAP 
C) TPS 
D) DSS 
A) OLTP 
B) OLAP 
C) TPS 
D) DSS

A model is a simplified representation or abstraction of _________.

The typical structure of a business organization is similar to a pyramid and consists,from top to bottom,of strategic,managerial,and _______________ levels.

When evaluating the 5-steps in the order-to-delivery business process,step one includes creating a campaign and checking inventory,which are both part of the sales function.

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

Define critical success factors (CSFs)and key performance indicators (KPIs),and explain how managers use them to measure the success of MIS projects.

What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel,and baggage handling for an airline?

What is the difference between customer-facing processes and business-facing processes?

What-if analysis checks the impact of a __________ in an assumption on the proposed solution.

Product delivery is a customer-facing business process.

Which of the below is an important challenge facing managers today?

Investment companies use genetic effectiveness metrics to help in trading decisions.

At the ______________ level,of a business structure,employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

Which of the below categories of AI is used extensively in the finance industry to analyze situations where the logic or rules are unknown?

A neural network is a category of efficiency metrics where it attempts to measure the way the human brain works.

What is consolidation?

Best practices are the most successful solutions or problem-solving methods that have been developed by a specific organization or industry.

Which of the following explains why a company would implement a BPR strategy?

When evaluating the six-step decision making process,what occurs during the solution selection step?

What is the manipulation of information to create business intelligence in support of strategic decision making?

Management Information Systems: Business Driven MIS

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Filters

Exam 2: Decisions and Processes: Value Driven Business

A model is a simplified representation or abstraction of _________.

The typical structure of a business organization is similar to a pyramid and consists,from top to bottom,of strategic,managerial,and _______________ levels.

When evaluating the 5-steps in the order-to-delivery business process,step one includes creating a campaign and checking inventory,which are both part of the sales function.

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

Define critical success factors (CSFs)and key performance indicators (KPIs),and explain how managers use them to measure the success of MIS projects.

What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel,and baggage handling for an airline?

What is the difference between customer-facing processes and business-facing processes?

What-if analysis checks the impact of a __________ in an assumption on the proposed solution.

Product delivery is a customer-facing business process.

Which of the below is an important challenge facing managers today?

Investment companies use genetic effectiveness metrics to help in trading decisions.

At the ______________ level,of a business structure,employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

Which of the below categories of AI is used extensively in the finance industry to analyze situations where the logic or rules are unknown?

A neural network is a category of efficiency metrics where it attempts to measure the way the human brain works.

What is consolidation?

Best practices are the most successful solutions or problem-solving methods that have been developed by a specific organization or industry.

Which of the following explains why a company would implement a BPR strategy?

When evaluating the six-step decision making process,what occurs during the solution selection step?

What is the manipulation of information to create business intelligence in support of strategic decision making?

Management Information Systems: Business Driven MIS

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Filters