Exam 2: Decisions Processes: Value Driven Business

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A digital dashboard produces graphical displays of patterns and complex relationships in large amounts of data.

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A shopping bot is one of the simplest examples of an intelligent agent.

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What is the process of computerizing manual tasks,making them more efficient and effective and dramatically lowering operational costs?

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At the operational level employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

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Classify the different operational support systems,managerial support systems,and strategic support systems,and explain how managers can use these systems to make decisions and gain competitive advantages.

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Business process reengineering is the analysis and redesign of workflow within and between enterprises.

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What is the analysis that works in reverse to What-If and sensitivity analysis by finding the inputs necessary to achieve a goal such as a desired level of output?

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Product delivery is a customer-facing business process.

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Which of the following is not included in the decision-making process?

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What indicates the earning power of a project?

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Decision making at the executive or strategic level require business intelligence and knowledge to support the uncertainty and complexity of the business.What is a specialized DSS that supports senior-level executives and unstructured decisions requiring judgment,evaluation,and insight?

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When considering the 5-steps of the order-to-delivery business process,supporting sales are included in which of the following?

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What is represented by a circle in a business process model?

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What is a simplified representation or abstraction of reality?

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One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success while competing to win in today's business environment.

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What produces graphical displays of patterns and complex relationships in large amounts of data?

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Key performance indicators are the metrics a company uses to evaluate progress toward critical success factors.Which of the below represents a key performance indicator?

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How does a DSS typically differ from an EIS?

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Review the below list of key terms and determine which one typically occurs during operational business process improvement.

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What are managerial business processes?

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