Question 1

An overview of systems thinking includes input,process,output,and finances.

Accepted Answer

A) True 
 B)False

Question 2

Cheryl Steffan is the operations manager for Nature's Bread Company,which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling,analyzing,and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of knowledge that Cheryl would be using to successfully perform her job?

Accepted Answer

A) Craig Newmark is customer number 15467. 
B) Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C) Best-selling product by day. 
D) Best-selling product changes when Tony the best baker is working. 
A) Craig Newmark is customer number 15467. 
B) Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C) Best-selling product by day. 
D) Best-selling product changes when Tony the best baker is working.

Question 3

Cheryl Steffan is the operations manager for Nature's Bread Company,which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling,analyzing,and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of knowledge that Cheryl would be using to successfully perform her job?

Accepted Answer

A) Craig Newmark is customer number 15467. 
B) Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C) Best-selling product by day. 
D) Best-selling product changes when Tony the best baker is working. 
A) Craig Newmark is customer number 15467. 
B) Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C) Best-selling product by day. 
D) Best-selling product changes when Tony the best baker is working.

Question 4

Which of the following is considered a core driver of the information age?

Accepted Answer

A) Fact. 
B) Goods. 
C) Competitive Intelligence. 
D) Data. 
A) Fact. 
B) Goods. 
C) Competitive Intelligence. 
D) Data.

Question 5

According to Porter's three generic strategies,Walmart is following a business strategy that focuses on 'broad market and low cost'.

Accepted Answer

A) True 
 B)False

Question 6

The department within a company that supports the sales by planning,pricing,and promoting goods or services is called __________.

Accepted Answer

A) Sales 
B) Operations Management 
C) Accounting 
D) Marketing 
A) Sales 
B) Operations Management 
C) Accounting 
D) Marketing

Question 7

What is a standardized set of activities that accomplishes a specific task?

Accepted Answer

A) Business strategy. 
B) Business outcome. 
C) Business process. 
D) Knowledge process. 
A) Business strategy. 
B) Business outcome. 
C) Business process. 
D) Knowledge process.

Question 8

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

Accepted Answer

A) Threat of new entrants. 
B) Threat of substitute products or services. 
C) Threat of buyer power. 
D) Supply chain competition. 
A) Threat of new entrants. 
B) Threat of substitute products or services. 
C) Threat of buyer power. 
D) Supply chain competition.

Question 9

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

Accepted Answer

A) True 
 B)False

Question 10

A business strategy achieves a specific set of goals which include _________.

Accepted Answer

A) Developing new products or services,attracting new competition 
B) Increasing costs,attracting new competition 
C) Attracting new customers,developing new products or services 
D) All of the above 
A) Developing new products or services,attracting new competition 
B) Increasing costs,attracting new competition 
C) Attracting new customers,developing new products or services 
D) All of the above

Question 11

Productivity is the rate at which goods and services are produced based upon total output given total inputs.

Accepted Answer

A) True 
 B)False

Question 12

With the Five Forces Model,companies should watch the forces in the market.If the forces are strong competition generally increases and if the forces are weak competition typically decreases.

Accepted Answer

A) True 
 B)False

Question 13

Which role within a company is responsible for overseeing all uses of MIS and ensuring that MIS strategic aligns with business goals and objectives?

Accepted Answer

A) Chief knowledge officer (CKO). 
B) Chief privacy officer (CPO). 
C) Chief information officer (CIO). 
D) Chief security officer (CSO). 
A) Chief knowledge officer (CKO). 
B) Chief privacy officer (CPO). 
C) Chief information officer (CIO). 
D) Chief security officer (CSO).

Question 14

Callie Crystal owns and operates one of the most successful local coffee shops in Denver,called The Edgewater Café.Each time a customer purchases their 100th cup of coffee at The Edgewater Café they receive a free pound of coffee of their choice.What is Callie attempting to create with her unique "Free Pound of Coffee" marketing program?

Accepted Answer

A) Reducing buyer power with a loyalty program. 
B) Increasing buyer power with a loyalty program. 
C) Decreasing supplier power with a differentiated product. 
D) Creating a substitute product. 
A) Reducing buyer power with a loyalty program. 
B) Increasing buyer power with a loyalty program. 
C) Decreasing supplier power with a differentiated product. 
D) Creating a substitute product.

Question 15

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

Accepted Answer

A) Monetary data. 
B) Technology data. 
C) Production data. 
D) Employee data. 
A) Monetary data. 
B) Technology data. 
C) Production data. 
D) Employee data.

Question 16

Which of the following is not a technology company but used technology to revamp the business process of selling books?

Accepted Answer

A) Netflix. 
B) Dell. 
C) Zappos. 
D) Amazon. 
A) Netflix. 
B) Dell. 
C) Zappos. 
D) Amazon.

Question 17

Which of the following is not a technology company but used technology to revamp the business process of renting videos?

Accepted Answer

A) Netflix. 
B) Dell. 
C) Zappos. 
D) Amazon. 
A) Netflix. 
B) Dell. 
C) Zappos. 
D) Amazon.

Question 18

__________ is the rate at which goods and services are produced based upon total output given total inputs.

Accepted Answer

The answer of __________ is the rate at which goods...

Question 19

Best-selling product by month compared to sports season and city team wins and losses is considered a type of business ________________.

Accepted Answer

The answer of Best-selling product by month compared to sports...

Question 20

____________ is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

Accepted Answer

The answer of ____________ is the process where a business...

An overview of systems thinking includes input,process,output,and finances.

Which of the following is considered a core driver of the information age?

According to Porter's three generic strategies,Walmart is following a business strategy that focuses on 'broad market and low cost'.

The department within a company that supports the sales by planning,pricing,and promoting goods or services is called __________.

What is a standardized set of activities that accomplishes a specific task?

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

A business strategy achieves a specific set of goals which include _________.

Productivity is the rate at which goods and services are produced based upon total output given total inputs.

With the Five Forces Model,companies should watch the forces in the market.If the forces are strong competition generally increases and if the forces are weak competition typically decreases.

Which role within a company is responsible for overseeing all uses of MIS and ensuring that MIS strategic aligns with business goals and objectives?

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

Which of the following is not a technology company but used technology to revamp the business process of selling books?

Which of the following is not a technology company but used technology to revamp the business process of renting videos?

__________ is the rate at which goods and services are produced based upon total output given total inputs.

Best-selling product by month compared to sports season and city team wins and losses is considered a type of business ________________.

____________ is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

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

An overview of systems thinking includes input,process,output,and finances.

Which of the following is considered a core driver of the information age?

According to Porter's three generic strategies,Walmart is following a business strategy that focuses on 'broad market and low cost'.

The department within a company that supports the sales by planning,pricing,and promoting goods or services is called __________.

What is a standardized set of activities that accomplishes a specific task?

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.

A business strategy achieves a specific set of goals which include _________.

Productivity is the rate at which goods and services are produced based upon total output given total inputs.

With the Five Forces Model,companies should watch the forces in the market.If the forces are strong competition generally increases and if the forces are weak competition typically decreases.

Which role within a company is responsible for overseeing all uses of MIS and ensuring that MIS strategic aligns with business goals and objectives?

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

Which of the following is not a technology company but used technology to revamp the business process of selling books?

Which of the following is not a technology company but used technology to revamp the business process of renting videos?

__________ is the rate at which goods and services are produced based upon total output given total inputs.

Best-selling product by month compared to sports season and city team wins and losses is considered a type of business ________________.

____________ is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

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