Exam 4: Decisions-Processes

As the product manager for the eatery division at Whole Foods,Jerry is responsible for analysing sales data to help him manage his team.Today Jerry is analysing his data using many different perspectives to identify different ways to improve his division.Which of the following common digital dashboard capabilities is Jerry using to analyse his department's success?

Which of the below offers a disadvantage for working virtually?

Which of the below processes attempts to understand and measure the current process and make improvements?

When evaluating the six-step decision-making process,what occurs during the solution implementation step?

An optimisation analysis finds the optimum value for a target variable by repeatedly changing other variables,subject to specified constraints.What can a manager determine by changing revenue and cost variables in an optimisation analysis?

Strategic planning is a customer-facing business process.

Bob Silver loves playing a game called World of Warcraft where he has the capability to create his own character and even his own life-like environment.Which AI system would you categorise World of Warcraft?

Bill Schultz works at a high power investment firm in Sydney.Bill is responsible for promoting the organisation's vision and creating the company-wide goals and strategies.He also monitors the overall strategic performance of the company and its direction for future business strategies.At what level of the organisational pyramid would you categorise Bill?

Tom Watson is a manager for a McDonald's restaurant.Many of his key responsibilities include analysing data and making key decisions for the success of his store.Tom's store has been experiencing decreased sales for breakfast services over the past three months.Tom is unsure why breakfast revenues are down,while lunch and dinner revenues remain unchanged.Tom believes that he can drive revenue up by implementing a few different breakfast promotions,such as free coffee or hash browns with the purchase of a meal.Tom performs an extensive analysis of how continuous changes in breakfast promotions could impact his daily revenue.What type of DSS analysis is Tom performing?

What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel and baggage handling for an airline?

Product delivery is a customer-facing business process.

What are the crucial steps companies perform to achieve their goals and objectives,and implement their strategies?

What is the primary goal of the As-Is process model?

What type of process includes order processing,customer service processing,sales processing,customer billing processing,and order shipping processing?

At the strategic decision-making level,employees develop,control and maintain core business activities.

Streamlining information encompasses all of the information contained within a single business process or unit of work,and its primary purpose is to support the performing of daily operational or structured decisions.

What would a company like eBay or Amazon be constantly benchmarking?

What is drill-down capability?

The local florist in town is Cheryl Steffan who has been in business for over 20 years.Recently,Cheryl has noticed several complaints about delivery errors.Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking.Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness.What method did Cheryl follow to solve her delivery issues?

The structure of a typical organisation is similar to a pyramid,with different levels that require one consistent type of information to assist with all managerial decision making.