Exam 8: Using Information Technology for Control and Coordination

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Which of the following perspectives of a balanced scorecard includes traditional measures such as net income and return on investment?

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C

Peripheral players have the fewest number of connections and operate on the boundaries of a network.

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True

Establishing metrics and standards of performance is one of the four key steps in a feedback control model.

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_____ define explicit rules,policies,and procedures for employee behavior.

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Explain the concept of decentralized control with an example.

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Discuss transaction processing systems,and give an example of how a company utilizes the system.

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Hierarchical control involves cultural values,traditions,shared beliefs,and trust to foster compliance with organizational goals.

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Data mining software is designed to print out data from the government sector,particularly from census reports.

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Custom service indicators focus on production and operating statistics,such as order fulfillment or cost per order.

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One of the greatest outcomes of information technology is its potential to improve coordination,communication,and collaboration across the firm.

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_____ focus on production and operating statistics,such as order fulfillment or cost per order.

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Which of the following is the first step in the feedback control model?

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Hierarchical methods define explicit rules,policies,and procedures for employee behavior.

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_____ refers to technologies,skills,and processes for searching and examining massive,complex sets of data that traditional data processing applications cannot handle to uncover hidden patterns and correlations.

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A(n)_____ collects data from sales,purchases from suppliers,and inventory changes and stores them in a database.

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Effective control systems involve the use of feedback to determine whether organizational performance meets established standards to help the organization attain its goals.

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A form of outsourcing is to use _____,firms that collect data from multiple organizations and analyze the combined data for them.

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With outcome control,rather than monitoring how many hours an employee works,managers focus on how much work the employee accomplishes.

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Which of the following helps managers to make smarter decisions?

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Social businesses always use a top-down approach.

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