Exam 2: Decisions Processes: Value Driven Business

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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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A business process model and notation (BPMN)activity is a task in a business process.

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What is a common tool that is used to support visualizations and tracks KPIs and CSFs by compiling information from multiple sources?

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Which of the below represents business processes you would find in the human resources department?

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Which of the below is offered by a digital dashboard?

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Which of the following are examples of static processes?

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MIS support systems rely on models for computational and analytical routines that mathematically express relationships among variables.

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What is a computer-simulated environment that can be a simulation of the real world or an imaginary world?

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

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Online transaction processing (OLTP)and online analytical processing (OLAP)are similar MIS strategies used to help with business decision making.What is the primary difference between OLTP and OLAP?

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What is the analysis and redesign of workflow within and between enterprises?

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What is the science of fact-based decision making?

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

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

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Unstructured decisions occur in situations in which no procedures or rules exist to guide decision makers towards the correct choice.

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Efficiency MIS metrics include throughput,speed,and availability.

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A common mistake that many managers tend to make is focusing on only one type of metrics because they are easier to measure.Which type of metrics do they focus on?

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The proportion of the market that a firm captures is called market share.

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What types of metrics measure customer satisfaction?

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What can a manager use a model to do?

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