Question 1

What is the primary responsibility of the CTO?

Accepted Answer

A)  Overseeing all uses of MIS.
B)  Ensuring the security of business systems.
C)  Ensuring speed, accuracy, and reliability for MIS.
D)  Collecting and distributing company information.E) B) and C)
F) A) and B)

Question 2

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 3

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.

Accepted Answer

A) True 
 B)False

Question 4

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Accepted Answer

A)  Moves information about people.
B)  Moves processes across the company to improve systems.
C)  Moves information about products.
D)  All of these.E) B) and C)
F) A) and D)

Question 5

Which of the following represents a typical supply chain?

Accepted Answer

A)  Company-customers-suppliers.
B)  Company-suppliers-customers.
C)  Suppliers-company-customers.
D)  Suppliers-customers-company.E) All of the above
F) C) and D)

Question 6

Over the past decade, the United States has lost an estimated 2.4 million factory jobs to Nepal.

Accepted Answer

A) True 
 B)False

Question 7

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 these.E) A) and D)
F) A) and C)

Question 8

Which of the following offers an example where Porter's Five Forces are mostly strong and competition is high?

Accepted Answer

A)  A dog-walking business.
B)  A ski resort.
C)  A professional hockey team.
D)  All of these.E) All of the above
F) None of the above

Question 9

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.E) All of the above
F) None of the above

Question 10

Greg Provenzo owns and runs a Blockbuster video store.Greg is implementing a drive-thru rental process that is the same as you would find at a fast-food restaurant.Customers can pick-up and drop-off their videos without leaving their cars.Greg's new system has become so popular that Videos Plus, a competitor down the street, is attempting to recreate Greg's video drive-thru rental process.Greg's system is an example of a _________.

Accepted Answer

A)  Supply chain power.
B)  First-mover advantage.
C)  Business processing strategy.
D)  Business intelligence.E) B) and C)
F) A) and D)

Question 11

A __________ is a collection of parts that link to achieve a common purpose.

Accepted Answer

The answer of A __________ is a collection of parts...

Question 12

Which of the following represents the core drives of the information age?

Accepted Answer

A)  Data, information, business intelligence, knowledge.
B)  Fact, data, intelligence, experience.
C)  Fact, intelligence, business skills, knowledge.
D)  Data, intelligence, business information, knowledge.E) A) and C)
F) None of the above

Question 13

Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model.Which of the following represents supplier power in the music industry?

Accepted Answer

A)  Established record labels like EMI, Sony, Universal.
B)  Walmart, Target, iTunes.
C)  Game systems like Wii, social networks like Facebook.
D)  Taylor Swift, Beyonce, The Beatles, The Stones.E) None of the above
F) A) and C)

Question 14

MIS is a business function, like accounting or sales, that moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Accepted Answer

A)  Management information strategy.
B)  Management intelligence system.
C)  Management information system.
D)  Management information strategist.E) C) and D)
F) A) and C)

Question 15

Top managers use __________ intelligence to define the future of the business, analyzing markets, industries, and economies.

Accepted Answer

The answer of Top managers use __________ intelligence to define...

Question 16

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

Accepted Answer

A)  Feedback.
B)  Information.
C)  Competitive intelligence.
D)  Data.E) C) and D)
F) B) and C)

Question 17

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Accepted Answer

A)  The three generic strategies.
B)  The threat of substitute buyer power.
C)  Differentiated costs.
D)  Supplier loyalty.E) A) and D)
F) C) and D)

Question 18

What is data converted into a meaningful and useful context?

Accepted Answer

A)  Competitive intelligence.
B)  Information.
C)  Buyer power.
D)  First-mover advantage.E) A) and B)
F) None of the above

Question 19

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

Accepted Answer

A)  Manage enterprisewide processes.
B)  Maintain employment policies.
C)  Manage cross-enterprise processes.
D)  Maintain transactional data.E) C) and D)
F) B) and D)

Question 20

Trina Hauger works for Johnson Electric as a corporate lawyer, and part of her duties are to ensure the ethical and legal use of information within the company.Which of the following represents Trina's role at Johnson Electric?

Accepted Answer

A)  Chief knowledge officer (CKO) .
B)  Chief privacy officer (CPO) .
C)  Chief technology officer (CTO) .
D)  Chief information officer (CIO) .E) A) and B)
F) B) and D)

Exam 1: Management Information Systems: Business Driven MIS

Correct Answer
verified

Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model.Which of the following represents supplier power in the music industry?

Correct Answer
verified

What is data converted into a meaningful and useful context?

Correct Answer
verified

Which of the following offers an example where Porter's Five Forces are mostly strong and competition is high?

Correct Answer
verified

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.

Correct Answer
verified

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Correct Answer
verified

Which of the following represents the core drives of the information age?

Correct Answer
verified

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

Correct Answer
verified

What is the primary responsibility of the CTO?

Correct Answer
verified

Top managers use __________ intelligence to define the future of the business, analyzing markets, industries, and economies.

Correct Answer
verified

A __________ is a collection of parts that link to achieve a common purpose.

Correct Answer
verified

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

Trina Hauger works for Johnson Electric as a corporate lawyer, and part of her duties are to ensure the ethical and legal use of information within the company.Which of the following represents Trina's role at Johnson Electric?

Correct Answer
verified

MIS is a business function, like accounting or sales, that moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Correct Answer
verified

Over the past decade, the United States has lost an estimated 2.4 million factory jobs to Nepal.

Correct Answer
verified

Which of the following represents a typical supply chain?

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

Correct AnswerverifiedShow Answer

Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model.Which of the following represents supplier power in the music industry?

Correct AnswerverifiedShow Answer

What is data converted into a meaningful and useful context?

Correct AnswerverifiedShow Answer

Which of the following offers an example where Porter's Five Forces are mostly strong and competition is high?

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Correct AnswerverifiedShow Answer

Which of the following represents the core drives of the information age?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is the primary responsibility of the CTO?

Correct AnswerverifiedShow Answer

Top managers use __________ intelligence to define the future of the business, analyzing markets, industries, and economies.

Correct AnswerverifiedShow Answer

A __________ is a collection of parts that link to achieve a common purpose.

Correct AnswerverifiedShow Answer

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Trina Hauger works for Johnson Electric as a corporate lawyer, and part of her duties are to ensure the ethical and legal use of information within the company.Which of the following represents Trina's role at Johnson Electric?

Correct AnswerverifiedShow Answer

MIS is a business function, like accounting or sales, that moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Correct AnswerverifiedShow Answer

Over the past decade, the United States has lost an estimated 2.4 million factory jobs to Nepal.

Correct AnswerverifiedShow Answer

Which of the following represents a typical supply chain?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified