Exam 2: Decisions Processes: Value Driven Business

What displays the path in which the process flows?

What improves managerial level business processes?

Analytics is the science of fact-based decision making.

At the strategic decision-making level employees develop,control,and maintain core business activities.

What occurs in situations in which a few established processes help to evaluate potential solutions,but not enough to lead to a definite recommended decision?

What is a graphical display of patterns and complex relationships in large amounts of data?

Key performance indicators can focus on external and internal measurements.

Sears department stores used to plant employees in competitor stores to perform research and analysis.Recently the company implemented a system that can search competitor websites and provide comparisons of price,promotions,and availability and the system is saving time,money,and resources.What type of system did Sears implement?

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

Which industry has been relying on neural network technology for over two decades?

Which of the following would efficiency MIS metrics measure?

Which of the below describes the efficiency MIS metric of throughput?

Google Glass is a work environment that is not located in any one physical space.

Most business processes are cross-functional or cross-departmental processes that span the entire organization.Which of the below does not represent a cross-functional business process?

Which of the following is a type of efficiency MIS metric?

Which of the following are examples of dynamic processes?

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

What is the primary goal of using As-Is and To-Be process models?

A business process model and notation (BPMN)gateway is used to control the flow of a process.

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.