Question 1

Which of the following is not a core driver of the information age?

Accepted Answer

A)  Information 
B)  Knowledge 
C)  Internet of Things 
D)  Data

Question 2

Which four elements are included in systems thinking?

Accepted Answer

A)  Output,process,feedback,and accounting 
B)  Process,output,operations,and accounting 
C)  Input,process,output,and feedback 
D)  Input,output,sales,and feedback

Question 3

Which of the following is not considered a category within the support value activities in a value chain analysis?

Accepted Answer

A)  Technology development 
B)  Outbound logistics 
C)  Human resource management 
D)  Firm infrastructure

Question 4

Most CTOs do not possess a well-rounded knowledge of all aspects of MIS,such as hardware,software,and telecommunications.

Accepted Answer

A) True 
 B)False

Question 5

What is a SWOT analysis?

Accepted Answer

A)  Evaluates an organization's strengths,weaknesses,opportunities,and threats to identify significant influences that work for or against business strategies 
B)  Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry 
C)  Views a firm as a series of business processes,each of which adds value to the product or service 
D)  Generic business strategies that are neither organization nor industry specific and can be applied to any business,product,or service

Question 6

Porter's Five Forces Model outlines the process for a sales strategy.

Accepted Answer

A) True 
 B)False

Question 7

Define the six primary MIS-related strategic positions in an organization along with their associated responsibilities.

Accepted Answer

The answer of Define the six primary MIS-related strategic positions...

Question 8

Teaching,waiting tables,and cutting hair belong in which category?

Accepted Answer

A)  Goods 
B)  Services 
C)  Production 
D)  Productivity

Question 9

Machine to machine (M2M)refers to devices that connect directly to other devices.

Accepted Answer

A) True 
 B)False

Question 10

According to Porter,it is recommended to adopt only one of the Three Generic Strategies.

Accepted Answer

A) True 
 B)False

Question 11

When a company is the first to market with a competitive advantage,it gains a particular benefit known as competitive intelligence.

Accepted Answer

A) True 
 B)False

Question 12

Imagine you are creating a new product to sell in an up-and-coming market.Which of the below statements indicates that it would be difficult for you to enter this new market?

Accepted Answer

A)  The threat of new entrants' force is high in the up-and-coming market. 
B)  The threat of new entrants' force is low in the up-and-coming market. 
C)  The threat of new entrants' force is high during the summer months in the up-and-coming market. 
D)  All of these choices,depending on the time of year.

Question 13

Many CPOs are lawyers by training,enabling them to understand the often complex legal issues surrounding the use of information.

Accepted Answer

A) True 
 B)False

Question 14

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

Accepted Answer

A) True 
 B)False

Question 15

What is a world where interconnected,Internet-enabled devices or "things" can collect and share data without human intervention?

Accepted Answer

A)  Internet of Things 
B)  Predictive analytics 
C)  Machine to machine 
D)  Flat world

Question 16

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

A) True 
 B)False

Question 17

What does a SWOT analysis do?

Accepted Answer

A)  Evaluates an organizations strengths,weaknesses,objectives,and threats 
B)  Evaluates an organization's strengths,weaknesses,opportunities,and threats 
C)  Evaluates an organization's supporters,weaknesses,opportunities,and technology 
D)  Evaluates an organization's systems,warehouses,outputs,and technology

Question 18

Successful companies today operate cross-functionally,integrating the operations of all departments.

Accepted Answer

A) True 
 B)False

Question 19

Mark Peterson identified the Porter's Five Forces Model,which analyzes the competitive forces within a business environment.

Accepted Answer

A) True 
 B)False

Question 20

What is information?

Accepted Answer

A)  Raw facts that describe the characteristics of an event or object 
B)  Data converted into a meaningful and useful context 
C)  Information collected from multiple sources that analyzes patterns,trends,and relationships for strategic decision making 
D)  Skills,experience,and expertise,coupled with information and intelligence that creates a person's intellectual resources

Exam 1: Management Information Systems: Business Driven MIS

Which of the following is not a core driver of the information age?

Which four elements are included in systems thinking?

Which of the following is not considered a category within the support value activities in a value chain analysis?

Most CTOs do not possess a well-rounded knowledge of all aspects of MIS,such as hardware,software,and telecommunications.

What is a SWOT analysis?

Porter's Five Forces Model outlines the process for a sales strategy.

Define the six primary MIS-related strategic positions in an organization along with their associated responsibilities.

Teaching,waiting tables,and cutting hair belong in which category?

Machine to machine (M2M)refers to devices that connect directly to other devices.

According to Porter,it is recommended to adopt only one of the Three Generic Strategies.

When a company is the first to market with a competitive advantage,it gains a particular benefit known as competitive intelligence.

Imagine you are creating a new product to sell in an up-and-coming market.Which of the below statements indicates that it would be difficult for you to enter this new market?

Many CPOs are lawyers by training,enabling them to understand the often complex legal issues surrounding the use of information.

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

What is a world where interconnected,Internet-enabled devices or "things" can collect and share data without human intervention?

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

What does a SWOT analysis do?

Successful companies today operate cross-functionally,integrating the operations of all departments.

Mark Peterson identified the Porter's Five Forces Model,which analyzes the competitive forces within a business environment.

What is information?