Exam 1: Management Information Systems: Business Driven MIS

The business decisions made by the Marketing department include transactional data,purchasing data,payroll data and tax data.

Which group of stakeholder's primary interests include exceptional customer service,high-quality products,and ethical dealings?

Susan Stewart is an executive at Equity Title where she is responsible for collecting,maintaining,and distributing knowledge for the company.What is Susan's role at Equity Title?

The business decisions made by the Accounting department include transactional data,purchasing data,payroll data,and tax data.

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

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

Your boss,Ty Jacob,has asked you to analyze the music industry using Porter's Five Forces model.Which of the following represents supplier power in the music industry?

In many instances,an MIS job will remain unfilled for an extended period of time when an employer needs to hire someone who has a very specific set of skills.In recruiting lingo,such candidates are referred to as "purple turtles."

What data is data that humans,in interaction with computers,generate?

Common approaches to closing an MIS skills gap include social recruiting,off-site training,mentoring services,and competitive salaries.

Buyer power is the ability of buyers to affect the price they must pay for an item.

Which of the following represents the types of data commonly found in the Finance department?

Bread,cheese,and butter are included in the process of making a grilled cheese sandwich.

If you were thinking about a home theater system which of the following represents the process?

Who is responsible for ensuring the speed,accuracy,availability,and reliability of the management information systems?

A first-mover advantage is the process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed.

What type of report can include updating daily stock market prices or the calculation of available inventory?

According to Porter's Three Generic Strategies,Walmart is following a business strategy that focuses on "broad market and low cost."

In terms of system thinking,what is input?

Today's workers are referred to as _______________ and they use BI along with personal experience to make decisions based on both information and intuition,a valuable resource for any company.