Exam 2: Decisions Processes: Value Driven Business

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What is measured by such benchmarks as satisfaction surveys,percentage of existing customers retained,and increases in revenue dollars per customer?

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Artificial Intelligence stimulates human thinking and behavior,such as the ability to reason and learn.What is the ultimate goal of AI?

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What is a haptic interface?

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

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

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A business process model and notation (BPMN)flow displays the path in which the process flows.

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A model is a simplified representation or abstraction of reality.

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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 many different perspectives to identify different ways to improve his division.Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?

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Market share measures a firm's external performance relative to that of its competitors.Which of the following represents how a firm measures market share?

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What are operational business processes?

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Virtual workplace is the viewing of the physical world with computer-generated layers of information added to it.

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What is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users?

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What are strategic business processes?

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What are semi-dynamic,semi-routine,monthly business processes such as resource allocation,sales strategy,or manufacturing process improvements?

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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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At the operational level employees are develop,control,and maintain core business activities required to run the day-to-day operations.

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

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The local florist in town is Cheryl Steffan,who has been in business for over 20 years.Recently,Cheryl has noticed several complaints about delivery errors.Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking.Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness.What method did Cheryl follow to solve her delivery issues?

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Which of the following departments is primarily responsible for promoting discounts,attracting customers,and communicating marketing campaigns?

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What would a company like eBay or Amazon be constantly benchmarking?

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