Exam 2: Decisions Processes: Value Driven Business

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

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

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CSF's and KPI's are the two core metrics used within a business to track progress or success.What is the relationship between CSFs and KPIs?

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What does usability effectiveness MIS metrics measure?

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What is the difference between the As-Is process model and the To-Be process model?

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What types of business decisions would an EIS use AI for?

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Which of the below offers a disadvantage for working virtually?

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At which level do managers develop the overall business strategies and monitor the performance of the organization and the competitive business environment?

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Which term is used to describe the ease with which people perform transactions and/or find information?

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Return on investment indicates the earning power of a project.

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What is represented by arrows in a business process model?

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Which of the below key terms represents the types of decisions made at the operational,managerial,and strategic levels of a company?

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Operational business processes are static,routine,daily business processes such as stocking inventory,checking out customers,or daily opening and closing processes.

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Core processes are business processes,such as manufacturing goods,selling products,and providing services that make up the primary activities in a value chain.

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The manipulation of information to create business intelligence in support of strategic decision making is referred to as OLTP or online transaction processing.

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What are the quantifiable metrics a company uses to evaluate progress toward critical success factors?

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A business process patent is a patent that protects a specific set of procedures for conducting a particular business activity.

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A business management system is a graphic description of a process,showing the sequence of process tasks,which is developed for a specific purpose and from a selected viewpoint.

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What continuously changing and provides business solutions to ever-changing business operations?

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Redundancy occurs when a task or activity is never repeated.

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