Exam 1: Management Information Systems: Business Driven MIS

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If you were thinking about a washing machine as a system which of the following represents the inputs?

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A

What is productivity?

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D

Which of the following represents a reason why competitive advantages are typically temporary?

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D

What are goods?

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A __________ advantage features a product or service on which customers place a greater value than they do on similar offerings from competitors.

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Which of the following is not a technology company but used technology to revamp the business process of selling books?

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Which one of Porter's Five Forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

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Which of the following represents the relationship between functional areas in a business?

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The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers.Victory Wireless offers customers who purchase an iPhone with a 2-year subscription a free Otter phone case,car charger,ear phones,and speakers.In terms of Porter's Five Forces what is Victory Wireless attempting to achieve with this marketing strategy?

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What are the characteristics of unstructured data?

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Cars,groceries,and clothing belong in which category?

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Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents supplier power in the soft drink industry?

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MIS can add value to both primary activities and support activities in the value chain.Which of the following is not an example of a company adding value by the use of MIS in a primary activity?

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Which of the following includes the roles and responsibilities of the CDO?

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Which of the below is similar to focused strategy versus broad strategy?

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What is the difference between existing MIS workplace knowledge and the knowledge required to fulfill business goals and strategies?

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What data is created by a machine without human intervention?

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In terms of system thinking,what is the resulting information from the computer program?

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What is information collected from multiple sources such as suppliers,customers,competitors,partners,and industries that analyzes patterns,trends,and relationships for strategic decision making?

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Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

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