Exam 1: Management Information Systems: Business Driven MIS

According to Fast Company magazine,chief user experience officer is a new executive level we might see created over the next decade.Which of the following includes the roles and responsibilities of this officer?

There are many different stakeholders found in an organization.Stakeholders drive business strategies,and depending on the stakeholder's perspective,the business strategy can change.Which of the following is a main concern for the government?

Recently,150 of the Fortune 500 companies added this position to their list of senior executives.

It is not uncommon to find stakeholders' business strategies have conflicting interests such as investors looking to increase profits by eliminating employee jobs.

The threat of substitute products or services refers to the power of competitors to enter a new market.

Tiffany & Company competes in the marketplace by offering high cost custom jewelry.Tiffany & Company is following a broad market and cost leadership strategy.

The banking industry has implemented several competitive advantages including ATM's,online bill pay services,and electronic statements.Of course,these competitive advantages were quickly duplicated by any competitor that wanted to remain in the banking industry.These were all examples of ___________ competitive advantages.

Unstructured data is data that is not defined and does not follow a specified format and is typically free-form text such as emails,Twitter tweets,and text messages.

What is the primary responsibility of the CTO?

Jim Coleman holds an executive position at Keck-Howes Group.Jim has improved the quality of the data gathered by the organization,and has also created a model to decrease the cost of managing data while increasing the value of the data gathered.Based on this description,what position does Jim hold at Keck-Howes Group?

In a SWOT analysis,potential internal weaknesses are harmful when they identify all key areas that require improvement.Weaknesses focus on the absence of certain strengths,including absence of an Internet marketing plan,damaged reputation,problem areas for service,outdated technology,employee issues,and so on.

Zappos is not a technology company; its primary business focus is to sell books.

What are Porter's Three Generic Strategies?

The lettuce,tomatoes,patty,bun,and ketchup are included in which category of making a hamburger?

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 focused strategy?

Which of the following is considered a service?

There are many different stakeholders found in an organization.Stakeholders drive business strategies,and depending on the stakeholder's perspective,the business strategy can change.Which of the following is a main concern for the community?

What is the confirmation or validation of an event or object?

What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?

A static report can include updating daily stock market prices or the calculation of available inventory.