Exam 1: Management Information Systems: Business Driven MIS

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When analyzing the book store industry,some of today's businesses compete with different business strategies and cost strategies.Which of the following is using a broad market competitive scope along with a low cost strategy?

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Imagine you are creating a new product to sell in an up-and-coming market.Which of the below statements indicates that it would be easy for you as the new entrants to compete in this market?

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What is production?

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Which group of stakeholder's primary interests include reliable contracts,ethical materials handling,and responsible production?

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

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Which of the following does not describe structured data?

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Trina Hauger works for Johnson Electric as a corporate lawyer,and part of her duties are to ensure the ethical and legal use of information within the company.Which of the following represents Trina's role at Johnson Electric?

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What are material items or products that customer's will buy to satisfy a want or need?

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Waiting tables,teaching,and cutting hair are all examples of services that people pay for to fulfill their needs.

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What is a snapshot?

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Amazon.com uses a customer profiling system whenever a customer visits its website.Using this system,Amazon can offer products tailored to that particular customer's profile and buying pattern.What is Amazon using to achieve this competitive advantage?

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To combat business challenge,leaders communicate and execute business strategies from the Greek words stratus for army and ago for leading.

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Broad differentiation,broad cost leadership,and _________ create the Three Generic Strategies identified by Porter.

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Business intelligence is information collected from multiple sources.Which of the following provides an example of a source that would be included in business intelligence?

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The chief technology officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

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The Sales department needs to rely on information from operations to understand _________.

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Which of the following is considered a good?

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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 shareholders/investors?

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Which activities belong in the Finance department?

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The chief knowledge officer is responsible for collecting,maintaining,and distributing company knowledge.

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