Question 1

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

Accepted Answer

A) True 
 B)False

Question 2

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's five forces model.Which of the following represents rivalry 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) Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games. 
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) Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games.

Question 3

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

Accepted Answer

A) Established record labels like EMI,Sony,Universal. 
B) Walmart,Target,iTunes. 
C) Independent record labels. 
D) Game systems like Wii,social networks like Facebook. 
A) Established record labels like EMI,Sony,Universal. 
B) Walmart,Target,iTunes. 
C) Independent record labels. 
D) Game systems like Wii,social networks like Facebook.

Question 4

The banking industry has implemented several competitive advantages including ATM's,online bill pay services,and electronic statements.Of course,these competitive advantages were quickly duplicated by any competitor that wanted to remain in the banking industry.These were all examples of ___________ competitive advantages.

Accepted Answer

A) Acquiring new technology products and services 
B) Hiring new employees 
C) Reducing expenses 
D) Gaining invaluable feedback from customers 
A) Acquiring new technology products and services 
B) Hiring new employees 
C) Reducing expenses 
D) Gaining invaluable feedback from customers

Question 5

What is data converted into a meaningful and useful context?

Accepted Answer

A) Competitive intelligence. 
B) Information. 
C) Buyer power. 
D) First-mover advantage. 
A) Competitive intelligence. 
B) Information. 
C) Buyer power. 
D) First-mover advantage.

Question 6

Which of the following provides an accurate definition of systems thinking?

Accepted Answer

A) A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part. 
B) A way of monitoring individual components including an input,the process,and an output,while continuously gathering feedback on the entire system. 
C) A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on the entire system. 
D) A way of monitoring singular parts of a system by viewing a single input that is processed or transformed to produce an entire system that is continuously monitored to gather feedback on each individual part. 
A) A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part. 
B) A way of monitoring individual components including an input,the process,and an output,while continuously gathering feedback on the entire system. 
C) A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on the entire system. 
D) A way of monitoring singular parts of a system by viewing a single input that is processed or transformed to produce an entire system that is continuously monitored to gather feedback on each individual part.

Question 7

What are goods?

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 8

What is a way of monitoring the entire system in a company,by viewing the multiple inputs being processed to produce outputs?

Accepted Answer

A) Feedback thinking. 
B) Systems thinking. 
C) Output management. 
D) Operational thinking. 
A) Feedback thinking. 
B) Systems thinking. 
C) Output management. 
D) Operational thinking.

Question 9

Michael Porter identified pressures that can hurt potential sales.Knowledgeable customers can force __________ prices by pitting rivals against each other.

Accepted Answer

The answer of Michael Porter identified pressures that can hurt...

Question 10

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Accepted Answer

A) Chief Knowledge Officer (CKO). 
B) Chief Privacy Officer (CPO). 
C) Chief Technology Officer (CTO). 
D) Chief Information Officer (CIO). 
A) Chief Knowledge Officer (CKO). 
B) Chief Privacy Officer (CPO). 
C) Chief Technology Officer (CTO). 
D) Chief Information Officer (CIO).

Question 11

According to Porter companies that wish to dominate broad markets should operate using a ________ strategy.

Accepted Answer

A) Cost leadership with a low cost 
B) Differentiation with a low cost 
C) Cost leadership with a high cost 
D) All of the above 
A) Cost leadership with a low cost 
B) Differentiation with a low cost 
C) Cost leadership with a high cost 
D) All of the above

Question 12

Which of the following is typically performed by the sales or marketing department?

Accepted Answer

A) Manage enterprise-wide processes. 
B) Maintain employment policies. 
C) Manage cross-enterprise processes. 
D) Maintain transactional data. 
A) Manage enterprise-wide processes. 
B) Maintain employment policies. 
C) Manage cross-enterprise processes. 
D) Maintain transactional data.

Question 13

Which of the following provides an example of information?

Accepted Answer

A) Who is customer number 12345XX? 
B) What is product number 12345XX? 
C) What customer number is Bob Smith? 
D) What is my worst-selling product? 
A) Who is customer number 12345XX? 
B) What is product number 12345XX? 
C) What customer number is Bob Smith? 
D) What is my worst-selling product?

Question 14

Identify the different departments in a company and why they must work together to achieve success.

Accepted Answer

Companies are typically organized by dep

Question 15

Which of the following is not a typical way that a company would duplicate a competitive advantage?

Accepted Answer

A) Acquiring the new technology. 
B) Copying the business operations. 
C) Hiring away key employees. 
D) Carrying large product inventories. 
A) Acquiring the new technology. 
B) Copying the business operations. 
C) Hiring away key employees. 
D) Carrying large product inventories.

Question 16

A fact is the confirmation or validation of an event or object.In the past,people primarily learned facts from books.

Accepted Answer

A) True 
 B)False

Question 17

If you were thinking about a washing machine as a system which of the following represents the feedback?

Accepted Answer

A) The dirty clothes,water,and detergent. 
B) The clean clothes. 
C) The wash and rinse cycle. 
D) The light indicating that the washer is off balance and has stopped. 
A) The dirty clothes,water,and detergent. 
B) The clean clothes. 
C) The wash and rinse cycle. 
D) The light indicating that the washer is off balance and has stopped.

Question 18

MIS can be an important enabler of business success and innovation.Which of the below statements is accurate when referring to MIS?

Accepted Answer

A) MIS equals business success and innovation. 
B) MIS represents business success and innovation. 
C) MIS is not a valuable tool that leverages talent. 
D) MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively. 
A) MIS equals business success and innovation. 
B) MIS represents business success and innovation. 
C) MIS is not a valuable tool that leverages talent. 
D) MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.

Question 19

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?

Accepted Answer

A) Amazon.com. 
B) Any local independent book store that specializes in antique books. 
C) Barnes & Noble. 
D) Borders books. 
A) Amazon.com. 
B) Any local independent book store that specializes in antique books. 
C) Barnes & Noble. 
D) Borders books.

Question 20

Competitive __________ is the process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed.

Accepted Answer

The answer of Competitive __________ is the process of gathering...

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

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

What is data converted into a meaningful and useful context?

Which of the following provides an accurate definition of systems thinking?

What are goods?

What is a way of monitoring the entire system in a company,by viewing the multiple inputs being processed to produce outputs?

Michael Porter identified pressures that can hurt potential sales.Knowledgeable customers can force __________ prices by pitting rivals against each other.

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

According to Porter companies that wish to dominate broad markets should operate using a ________ strategy.

Which of the following is typically performed by the sales or marketing department?

Which of the following provides an example of information?

Identify the different departments in a company and why they must work together to achieve success.

Which of the following is not a typical way that a company would duplicate a competitive advantage?

A fact is the confirmation or validation of an event or object.In the past,people primarily learned facts from books.

If you were thinking about a washing machine as a system which of the following represents the feedback?

MIS can be an important enabler of business success and innovation.Which of the below statements is accurate when referring to MIS?

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?

Competitive __________ is the process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed.

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

Filters

Exam 1: Management Information Systems: Business Driven MIS

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

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

What is data converted into a meaningful and useful context?

Which of the following provides an accurate definition of systems thinking?

What are goods?

What is a way of monitoring the entire system in a company,by viewing the multiple inputs being processed to produce outputs?

Michael Porter identified pressures that can hurt potential sales.Knowledgeable customers can force __________ prices by pitting rivals against each other.

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

According to Porter companies that wish to dominate broad markets should operate using a ________ strategy.

Which of the following is typically performed by the sales or marketing department?

Which of the following provides an example of information?

Identify the different departments in a company and why they must work together to achieve success.

Which of the following is not a typical way that a company would duplicate a competitive advantage?

A fact is the confirmation or validation of an event or object.In the past,people primarily learned facts from books.

If you were thinking about a washing machine as a system which of the following represents the feedback?

MIS can be an important enabler of business success and innovation.Which of the below statements is accurate when referring to MIS?

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?

Competitive __________ is the process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed.

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

Filters