Exam 1: Management Information Systems: Business Driven MIS

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What is business intelligence?

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If you were thinking about an oven as a system which of the following represents the process?

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Which of the following demonstrates a company that has implemented a low cost,broad market strategy?

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If a business is following a focused strategy then its competitive scope is _______.

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When analyzing Porter's three generic strategies for entering a market,if you have a focused strategy what market should you target?

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Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

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The challenge that companies today sometimes have is that they are departmentalized and act independently of each other.One solution that can help a company work interdepartmentally includes __________.

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Porter suggests adopting only __________ of the three generic strategies.

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FedEx created a first-mover advantage by developing its customer self-service software,which allows people to request parcel pickups,print mailing slips,and track parcels online.

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Shawn McGill is on the executive board for ABC pharmaceuticals.The company produces the number one selling cancer fighting drug on the market.Due to its incredible success ABC pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill.Which force is ABC pharmaceutical using to increase its drug price?

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What is the primary responsibility of the CTO?

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What is the support value activity that provides employees with training,hiring,and compensation?

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The __________ management department in a company manages the process of converting or transforming of resources into goods or services.

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Which of the following is considered a service?

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Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

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MIS is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

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Polaroid had a unique competitive advantage for many years until it forgot to observe competitive intelligence.The firm went bankrupt when people began taking digital pictures.Polaroid provides a great example of Porter's threat of new entrants.

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Why do students need to study information technology?

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The department within a company that records,measures,and reports monetary transactions is called ______________.

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

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