Question 1

Which of the below represents a company in a supply chain?

Accepted Answer

A)  Customer and competitor 
B)  Supplier and competitor 
C)  Knowledge worker and supplier 
D)  Supplier and customer 
A)  Customer and competitor 
B)  Supplier and competitor 
C)  Knowledge worker and supplier 
D)  Supplier and customer

Question 2

In a SWOT analysis,strengths and weaknesses originate __________ an organization.

Accepted Answer

A)  inside (internally) 
B)  outside (externally) 
C)  Both inside and outside 
D)  None of these choices 
A)  inside (internally) 
B)  outside (externally) 
C)  Both inside and outside 
D)  None of these choices

Question 3

In terms of system thinking,what is the computer program that processes the data?

Accepted Answer

A)  Input 
B)  Output 
C)  Process 
D)  Feedback 
A)  Input 
B)  Output 
C)  Process 
D)  Feedback

Question 4

What are services?

Accepted Answer

A)  Material items or products that customer's will buy to satisfy a want or need 
B)  Tasks performed by people that customer's will buy to satisfy a want or need 
C)  The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services 
D)  The rate at which goods and services are produced based upon total output given total inputs 
A)  Material items or products that customer's will buy to satisfy a want or need 
B)  Tasks performed by people that customer's will buy to satisfy a want or need 
C)  The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services 
D)  The rate at which goods and services are produced based upon total output given total inputs

Question 5

Which group of stakeholder's primary interests include fair compensation,job security,and ethical conduct/treatment?

Accepted Answer

A)  Employees 
B)  Shareholders/investors 
C)  Community 
D)  Customers 
A)  Employees 
B)  Shareholders/investors 
C)  Community 
D)  Customers

Question 6

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Accepted Answer

A)  The Three Generic Strategies 
B)  The threat of substitute buyer power 
C)  Differentiated costs 
D)  Supplier loyalty 
A)  The Three Generic Strategies 
B)  The threat of substitute buyer power 
C)  Differentiated costs 
D)  Supplier loyalty

Question 7

Attracting new customers,decreasing costs,and entering new markets are all examples of successful business strategies.

Accepted Answer

A) True 
 B)False

Question 8

A system is a collection of parts that link to achieve a common purpose.Systems thinking is a way of monitoring ________________.

Accepted Answer

A)  the entire system 
B)  a division within the sales role 
C)  the executive team 
D)  the company's competitors 
A)  the entire system 
B)  a division within the sales role 
C)  the executive team 
D)  the company's competitors

Question 9

In terms of system thinking,what controls to ensure correct processes?

Accepted Answer

A)  Input 
B)  Output 
C)  Process 
D)  Feedback 
A)  Input 
B)  Output 
C)  Process 
D)  Feedback

Question 10

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents a threat of a new entrant 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)  Vitamin water,fruit juice,coffee. 
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)  Vitamin water,fruit juice,coffee.

Question 11

What refers to devices that connect directly to other devices?

Accepted Answer

A)  Internet of Things 
B)  Predictive analytics 
C)  Machine to machine 
D)  Flat world 
A)  Internet of Things 
B)  Predictive analytics 
C)  Machine to machine 
D)  Flat world

Question 12

There are many challenges to changing doctors,including transferring medical records and losing the doctor-patient relationship along with the doctor's knowledge of the patient's history.Changing doctors provides a great example of switching costs.

Accepted Answer

A) True 
 B)False

Question 13

According to Fast Company magazine,chief intellectual property 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?

Accepted Answer

A)  Manage and defend intellectual property,copy-rights and patents 
B)  Determines if a person or business process can be replaced by a robot or software 
C)  Create the optimal relationship between user and technology 
D)  Ensure the ethical and legal use of information within an organization 
A)  Manage and defend intellectual property,copy-rights and patents 
B)  Determines if a person or business process can be replaced by a robot or software 
C)  Create the optimal relationship between user and technology 
D)  Ensure the ethical and legal use of information within an organization

Question 14

Where would you categorize threats in a SWOT analysis?

Accepted Answer

A)  Internal,helpful 
B)  Internal,harmful 
C)  External,helpful 
D)  External,harmful 
A)  Internal,helpful 
B)  Internal,harmful 
C)  External,helpful 
D)  External,harmful

Question 15

What evaluates industry attractiveness?

Accepted Answer

A)  SWOT Analysis 
B)  The Five Forces Model 
C)  Value Chain Analysis 
D)  Three Generic Strategies 
A)  SWOT Analysis 
B)  The Five Forces Model 
C)  Value Chain Analysis 
D)  Three Generic Strategies

Question 16

The chief intellectual property officer (CIPO)is responsible for collecting,maintaining,and distributing the organization's knowledge.

Accepted Answer

A) True 
 B)False

Question 17

A snapshot is a view of data at a particular moment in time.

Accepted Answer

A) True 
 B)False

Question 18

What is a value chain analysis?

Accepted Answer

A)  Evaluates an organization's strengths,weaknesses,opportunities,and threats to identify significant influences that work for or against business strategies. 
B)  Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry. 
C)  Views a firm as a series of business processes,each of which adds value to the product or service. 
D)  Generic business strategies that are neither organization nor industry specific and can be applied to any business,product,or service. 
A)  Evaluates an organization's strengths,weaknesses,opportunities,and threats to identify significant influences that work for or against business strategies. 
B)  Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry. 
C)  Views a firm as a series of business processes,each of which adds value to the product or service. 
D)  Generic business strategies that are neither organization nor industry specific and can be applied to any business,product,or service.

Question 19

In terms of system thinking,what is process?

Accepted Answer

A)  Data entered in a computer 
B)  Controls to ensure correct processes 
C)  The resulting information from the computer program 
D)  The computer program that processes the data 
A)  Data entered in a computer 
B)  Controls to ensure correct processes 
C)  The resulting information from the computer program 
D)  The computer program that processes the data

Question 20

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

Accepted Answer

A) True 
 B)False

Which of the below represents a company in a supply chain?

In a SWOT analysis,strengths and weaknesses originate __________ an organization.

In terms of system thinking,what is the computer program that processes the data?

What are services?

Which group of stakeholder's primary interests include fair compensation,job security,and ethical conduct/treatment?

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Attracting new customers,decreasing costs,and entering new markets are all examples of successful business strategies.

A system is a collection of parts that link to achieve a common purpose.Systems thinking is a way of monitoring ________________.

In terms of system thinking,what controls to ensure correct processes?

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

What refers to devices that connect directly to other devices?

There are many challenges to changing doctors,including transferring medical records and losing the doctor-patient relationship along with the doctor's knowledge of the patient's history.Changing doctors provides a great example of switching costs.

According to Fast Company magazine,chief intellectual property 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?

Where would you categorize threats in a SWOT analysis?

What evaluates industry attractiveness?

The chief intellectual property officer (CIPO)is responsible for collecting,maintaining,and distributing the organization's knowledge.

A snapshot is a view of data at a particular moment in time.

What is a value chain analysis?

In terms of system thinking,what is process?

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

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 of the below represents a company in a supply chain?

In a SWOT analysis,strengths and weaknesses originate __________ an organization.

In terms of system thinking,what is the computer program that processes the data?

What are services?

Which group of stakeholder's primary interests include fair compensation,job security,and ethical conduct/treatment?

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Attracting new customers,decreasing costs,and entering new markets are all examples of successful business strategies.

A system is a collection of parts that link to achieve a common purpose.Systems thinking is a way of monitoring ________________.

In terms of system thinking,what controls to ensure correct processes?

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

What refers to devices that connect directly to other devices?

There are many challenges to changing doctors,including transferring medical records and losing the doctor-patient relationship along with the doctor's knowledge of the patient's history.Changing doctors provides a great example of switching costs.

According to Fast Company magazine,chief intellectual property 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?

Where would you categorize threats in a SWOT analysis?

What evaluates industry attractiveness?

The chief intellectual property officer (CIPO)is responsible for collecting,maintaining,and distributing the organization's knowledge.

A snapshot is a view of data at a particular moment in time.

What is a value chain analysis?

In terms of system thinking,what is process?

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

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