Question 1

What is the primary responsibility of the CTO?

Accepted Answer

A) Overseeing all uses of MIS. 
B) Ensuring the security of business systems. 
C) Ensuring speed,accuracy,and reliability for MIS. 
D) Collecting and distributing company information. 
A) Overseeing all uses of MIS. 
B) Ensuring the security of business systems. 
C) Ensuring speed,accuracy,and reliability for MIS. 
D) Collecting and distributing company information.

Question 2

Explain systems thinking and how management information systems enable business communications.

Accepted Answer

A system is a collection of parts that l

Question 3

If a supplier has high power what can it do to influence its industry?

Accepted Answer

A) Charge higher prices. 
B) Shift costs to industry participants. 
C) Limit quality or services. 
D) All of the above. 
A) Charge higher prices. 
B) Shift costs to industry participants. 
C) Limit quality or services. 
D) All of the above.

Question 4

Production is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

Accepted Answer

A) True 
 B)False

Question 5

MIS is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

Accepted Answer

A) True 
 B)False

Question 6

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Accepted Answer

A) True 
 B)False

Question 7

Firm infrastructure and human resource management are part of the primary value activities.

Accepted Answer

A) True 
 B)False

Question 8

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

Accepted Answer

A) Increase in productivity,decrease in profits 
B) Increase in productivity,increase in profits 
C) Decrease in productivity,decrease in profits 
D) Decrease in productivity,increase in profits 
A) Increase in productivity,decrease in profits 
B) Increase in productivity,increase in profits 
C) Decrease in productivity,decrease in profits 
D) Decrease in productivity,increase in profits

Question 9

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

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 10

Companies today are successful when they combine the power of the information age with traditional business methods.

Accepted Answer

A) True 
 B)False

Question 11

The chief technology officer is responsible for ensuring the speed,accuracy,availability,and reliability for MIS.

Accepted Answer

A) True 
 B)False

Question 12

Attracting new customers,decreasing costs,and entering new markets are all examples of business strategies.

Accepted Answer

A) True 
 B)False

Question 13

When applying Porter's three generic strategies,Tiffany & Co.has a competitive scope and cost strategy that is __________.

Accepted Answer

A) Broad market - high cost strategy. 
B) Narrow market - low cost strategy. 
C) Narrow market - high cost strategy. 
D) Broad market - low cost strategy. 
A) Broad market - high cost strategy. 
B) Narrow market - low cost strategy. 
C) Narrow market - high cost strategy. 
D) Broad market - low cost strategy.

Question 14

What is one of the most common ways a company can decrease supplier power?

Accepted Answer

A) Charge lower prices. 
B) Charge higher prices. 
C) Use MIS to find and create alternative products. 
D) Companies cannot impact supplier power. 
A) Charge lower prices. 
B) Charge higher prices. 
C) Use MIS to find and create alternative products. 
D) Companies cannot impact supplier power.

Question 15

When analyzing Porter's three generic strategies for entering a market,if you have a focused strategy what market should you target?

Accepted Answer

A) A niche market. 
B) A broad market. 
C) Neither niche nor broad markets. 
D) Both niche and broad markets. 
A) A niche market. 
B) A broad market. 
C) Neither niche nor broad markets. 
D) Both niche and broad markets.

Question 16

Supplier power is one of Porter's five forces and it measures the suppliers' ability to influence the prices they charge for supplies (including materials,labor,and services).

Accepted Answer

A) True 
 B)False

Question 17

Which of the following represents the core drivers of the information age?

Accepted Answer

A) Data,Information,Business Intelligence,Knowledge. 
B) Fact,Data,Intelligence,Experience. 
C) Fact,Intelligence,Business Skills,Knowledge. 
D) Data,Intelligence,Business Information,Knowledge. 
A) Data,Information,Business Intelligence,Knowledge. 
B) Fact,Data,Intelligence,Experience. 
C) Fact,Intelligence,Business Skills,Knowledge. 
D) Data,Intelligence,Business Information,Knowledge.

Question 18

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 19

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 20

The value chain will group a company's activities into two categories: primary value activities and support value activities.

Accepted Answer

A) True 
 B)False

What is the primary responsibility of the CTO?

Explain systems thinking and how management information systems enable business communications.

If a supplier has high power what can it do to influence its industry?

Production is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

MIS is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Firm infrastructure and human resource management are part of the primary value activities.

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

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

Companies today are successful when they combine the power of the information age with traditional business methods.

The chief technology officer is responsible for ensuring the speed,accuracy,availability,and reliability for MIS.

Attracting new customers,decreasing costs,and entering new markets are all examples of business strategies.

When applying Porter's three generic strategies,Tiffany & Co.has a competitive scope and cost strategy that is __________.

What is one of the most common ways a company can decrease supplier power?

When analyzing Porter's three generic strategies for entering a market,if you have a focused strategy what market should you target?

Supplier power is one of Porter's five forces and it measures the suppliers' ability to influence the prices they charge for supplies (including materials,labor,and services).

Which of the following represents the core drivers of the information age?

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?

The value chain will group a company's activities into two categories: primary value activities and support value activities.

Decisions and Processes: Value Driven Business

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 1: Management Information Systems: Business Driven MIS

What is the primary responsibility of the CTO?

Explain systems thinking and how management information systems enable business communications.

If a supplier has high power what can it do to influence its industry?

Production is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

MIS is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Firm infrastructure and human resource management are part of the primary value activities.

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

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

Companies today are successful when they combine the power of the information age with traditional business methods.

The chief technology officer is responsible for ensuring the speed,accuracy,availability,and reliability for MIS.

Attracting new customers,decreasing costs,and entering new markets are all examples of business strategies.

When applying Porter's three generic strategies,Tiffany & Co.has a competitive scope and cost strategy that is __________.

What is one of the most common ways a company can decrease supplier power?

When analyzing Porter's three generic strategies for entering a market,if you have a focused strategy what market should you target?

Supplier power is one of Porter's five forces and it measures the suppliers' ability to influence the prices they charge for supplies (including materials,labor,and services).

Which of the following represents the core drivers of the information age?

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?

The value chain will group a company's activities into two categories: primary value activities and support value activities.

Decisions and Processes: Value Driven Business

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