Exam 4: Decisions-Processes

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Benchmarks are baseline values the system seeks to attain.

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True

Which of the following explains why a company would implement a BPR strategy?

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C

A shopping bot is one of the simplest examples of an intelligent agent.

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The primary goal of an As-Is process model is to simplify,eliminate and improve the To-Be processes.

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What is slice-and-dice capability?

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What does BPR assume about the current process in the extreme?

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A transaction processing system (TPS)is the basic business system that assists operational level analysts when making structured decisions.Which of the below is not an example of a TPS?

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What is consolidation?

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Business processes should never drive MIS choices and should be based on business strategies and goals.

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Demonstrate the value of business process modeling,and compare As-Is and To-Be models.

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Which of the following is an example of an intelligent system?

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Which of the following is a type of effectiveness MIS metric?

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What is the system that focuses on evaluating and improving the processes that include both person-to-person workflow and system-to-system communications?

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CSFs and KPIs are the two core metrics used within a business to track progress or success.What is the relationship between CSFs and KPIs?

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Which of the below categories of artificial intelligence (AI)is used extensively in the finance industry to analyse situations where the logic or rules are unknown?

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Differentiate among business process improvements,streamlining and re-engineering.

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Effectiveness MIS metrics include throughput,transaction speed and system availability.

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Describe artificial intelligence,and identify its five main types.

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One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success,while competing to win in today's business environment.

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What is the primary goal of using As-Is and To-Be process models?

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