Question 1

Which data types are typically found in the Operations Management department?

Accepted Answer

A)  Manufacturing data,distribution data,and production data 
B)  Sales data,customer data,commission data,and customer support data 
C)  Employee data,promotion data,vacation data 
D)  Investment data,monetary data,reporting data 
A)  Manufacturing data,distribution data,and production data 
B)  Sales data,customer data,commission data,and customer support data 
C)  Employee data,promotion data,vacation data 
D)  Investment data,monetary data,reporting data

Question 2

In the center of Porter's Five Forces model is competition.Which of the below represents the four outer boxes?

Accepted Answer

A)  Buyer power,systems power,threat of false entrants,and threat of substitute products or services 
B)  Buyer power,systems power,threat of new entrants,and threat of substitute products or services 
C)  Buyer power,supplier power,threat of new entrants,and threat of substitute products or services 
D)  Business power,supplier power,threat of new entrants,and threat of powerful services 
A)  Buyer power,systems power,threat of false entrants,and threat of substitute products or services 
B)  Buyer power,systems power,threat of new entrants,and threat of substitute products or services 
C)  Buyer power,supplier power,threat of new entrants,and threat of substitute products or services 
D)  Business power,supplier power,threat of new entrants,and threat of powerful services

Question 3

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

A) True 
 B)False

Question 4

What is business intelligence?

Accepted Answer

A)  Raw facts that describe the characteristics of an event or object 
B)  Data converted into a meaningful and useful context 
C)  Information collected from multiple sources that analyzes patterns,trends,and relationships for strategic decision making 
D)  Skills,experience,and expertise,coupled with information and intelligence,which creates a person's intellectual resources 
A)  Raw facts that describe the characteristics of an event or object 
B)  Data converted into a meaningful and useful context 
C)  Information collected from multiple sources that analyzes patterns,trends,and relationships for strategic decision making 
D)  Skills,experience,and expertise,coupled with information and intelligence,which creates a person's intellectual resources

Question 5

The actual hamburger is included in which category of making a hamburger?

Accepted Answer

A)  Input 
B)  Process 
C)  Output 
D)  All of these choices 
A)  Input 
B)  Process 
C)  Output 
D)  All of these choices

Question 6

Which group of stakeholder's primary interests include adhering to regulations/laws,increasing employment,and ethical taxation reporting?

Accepted Answer

A)  Partners/suppliers 
B)  Shareholders/investors 
C)  Community 
D)  Government 
A)  Partners/suppliers 
B)  Shareholders/investors 
C)  Community 
D)  Government

Question 7

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Accepted Answer

A) True 
 B)False

Question 8

Adam Nation holds an executive position at PH Corporation.He has an extensive understanding of networks and telecommunications.Adam is aware of the information-technology threats the company faces,and institutes security protocols and safeguards to secure the MIS systems at PH Corporation.Based on this description,what position does Adam hold?

Accepted Answer

A)  Chief security officer (CSO) 
B)  Chief technology officer (CTO) 
C)  Chief data officer (CDO) 
D)  Chief privacy officer (CPO) 
A)  Chief security officer (CSO) 
B)  Chief technology officer (CTO) 
C)  Chief data officer (CDO) 
D)  Chief privacy officer (CPO)

Question 9

Which of the following does not describe unstructured data?

Accepted Answer

A)  Does not follow a specified format 
B)  A defined length,type,and format 
C)  Free-form text 
D)  Emails,Twitter tweets,and text messages 
A)  Does not follow a specified format 
B)  A defined length,type,and format 
C)  Free-form text 
D)  Emails,Twitter tweets,and text messages

Question 10

Companies update business strategies continuously as internal and external environments change.

Accepted Answer

A) True 
 B)False

Question 11

Identifying competitive advantages can be difficult and explains why they are typically _______.

Accepted Answer

A)  temporary 
B)  satisfactory 
C)  terminated 
D)  unsuccessful 
A)  temporary 
B)  satisfactory 
C)  terminated 
D)  unsuccessful

Question 12

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

Accepted Answer

A)  Partners/suppliers 
B)  Shareholders/investors 
C)  Community 
D)  Government 
A)  Partners/suppliers 
B)  Shareholders/investors 
C)  Community 
D)  Government

Question 13

What type of report is created based on data that does not change?

Accepted Answer

A)  Static report 
B)  Dynamic report 
C)  Variable report 
D)  Structured report 
A)  Static report 
B)  Dynamic report 
C)  Variable report 
D)  Structured report

Question 14

Cars,groceries,and clothing are all examples of goods.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A)  Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B)  Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C)  Zevia Natural Diet Soda begins selling directly over the Internet. 
D)  Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games. 
A)  Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B)  Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C)  Zevia Natural Diet Soda begins selling directly over the Internet. 
D)  Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games.

Question 16

Shawn McGill is on the executive board for ABC pharmaceuticals.The company produces the number one selling cancer fighting drug on the market.Due to its incredible success,ABC pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill.Which force is ABC pharmaceutical using to increase its drug price?

Accepted Answer

A)  Supplier power 
B)  Buyer power 
C)  Threat of false entrants 
D)  Business power 
A)  Supplier power 
B)  Buyer power 
C)  Threat of false entrants 
D)  Business power

Question 17

Your boss,Penny Dirks,has asked you to analyze the airline industry using Porter's Three Generic Strategies.Which of the following companies are using a cost leadership strategy?

Accepted Answer

A)  Southwest,Horizon,Frontier,JetBlue 
B)  British Airways,Singapore Airlines,Virgin Atlantic 
C)  Sky Taxi - a rent by the hour personal plane service 
D)  All of these choices 
A)  Southwest,Horizon,Frontier,JetBlue 
B)  British Airways,Singapore Airlines,Virgin Atlantic 
C)  Sky Taxi - a rent by the hour personal plane service 
D)  All of these choices

Question 18

When analyzing Porter's Three Generic Strategies for entering a market,if you have a focused strategy what market should you target?

Accepted Answer

A)  A niche market 
B)  A broad market 
C)  Neither niche or broad markets 
D)  Both niche and broad markets 
A)  A niche market 
B)  A broad market 
C)  Neither niche or broad markets 
D)  Both niche and broad markets

Question 19

A SWOT analysis evaluates an organization's strengths,worries,opportunities,and technologies to identify significant influences that work for or against business strategies.

Accepted Answer

A) True 
 B)False

Question 20

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Accepted Answer

A)  Feedback 
B)  Processing 
C)  Output management 
D)  Sales processing 
A)  Feedback 
B)  Processing 
C)  Output management 
D)  Sales processing

Which data types are typically found in the Operations Management department?

In the center of Porter's Five Forces model is competition.Which of the below represents the four outer boxes?

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

What is business intelligence?

The actual hamburger is included in which category of making a hamburger?

Which group of stakeholder's primary interests include adhering to regulations/laws,increasing employment,and ethical taxation reporting?

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Which of the following does not describe unstructured data?

Companies update business strategies continuously as internal and external environments change.

Identifying competitive advantages can be difficult and explains why they are typically _______.

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

What type of report is created based on data that does not change?

Cars,groceries,and clothing are all examples of goods.

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

Your boss,Penny Dirks,has asked you to analyze the airline industry using Porter's Three Generic Strategies.Which of the following companies are using a cost leadership strategy?

When analyzing Porter's Three Generic Strategies for entering a market,if you have a focused strategy what market should you target?

A SWOT analysis evaluates an organization's strengths,worries,opportunities,and technologies to identify significant influences that work for or against business strategies.

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Decisions Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Understanding Computer Hardware and Software: From CPUs to Operating Systems

Understanding Telecommunication Systems and Network Topologies

Database Design and Entity Relationships

Filters

Exam 1: Management Information Systems: Business Driven MIS

Which data types are typically found in the Operations Management department?

In the center of Porter's Five Forces model is competition.Which of the below represents the four outer boxes?

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

What is business intelligence?

The actual hamburger is included in which category of making a hamburger?

Which group of stakeholder's primary interests include adhering to regulations/laws,increasing employment,and ethical taxation reporting?

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Which of the following does not describe unstructured data?

Companies update business strategies continuously as internal and external environments change.

Identifying competitive advantages can be difficult and explains why they are typically _______.

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

What type of report is created based on data that does not change?

Cars,groceries,and clothing are all examples of goods.

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

Your boss,Penny Dirks,has asked you to analyze the airline industry using Porter's Three Generic Strategies.Which of the following companies are using a cost leadership strategy?

When analyzing Porter's Three Generic Strategies for entering a market,if you have a focused strategy what market should you target?

A SWOT analysis evaluates an organization's strengths,worries,opportunities,and technologies to identify significant influences that work for or against business strategies.

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Decisions Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Understanding Computer Hardware and Software: From CPUs to Operating Systems

Understanding Telecommunication Systems and Network Topologies

Database Design and Entity Relationships

Filters