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Exam 1: Management Information Systems: Business Driven MIS

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Question 71

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What is data?

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.

E) B) and C)
F) B) and D)

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Question 72

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Which of the following is considered a service?

A) Cars
B) Groceries
C) Cutting hair
D) All of the above

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

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Question 73

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

Jeremy Bridges is an executive for Green Web Designs,where his primary role is to ensure the security of business systems and develop strategies to protect the company from online viruses and hackers.What is Jeremy's role within the company?

The information __________ is when infinite quantities of fact are widely available to anyone who can use a computer.

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

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

__________ value activities found at the bottom of the value chain,these include business processes that acquire raw materials and manufacture,deliver,market,sell,and provide after-sales services.

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

Which of the following is considered data?

Which of the following provides an accurate definition of systems thinking?

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

A hair cut is an example of a _________.

The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself,with a ________ or ________________.

The chief security officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

The information age is the present time,during which infinite quantities of facts are widely available to anyone who can use a computer.

John Cleaver is the CEO of Tech World,which is a retail store that sells computers,monitors,cameras,televisions and many other electronic products.John and his executive team are meeting to brainstorm new ideas on how to grow the business.One idea is to mimic a competitor's product that is attempting to sell a new product in a different industry.After performing a Porter's Five Forces analysis John determines that all of the forces are high in this new industry.What should John do?

Decreasing customer loyalty,increasing costs,and decreasing sales are all examples of business strategies.

Lettuce,tomatoes,patty,bun,and ketchup are included in which category of making a hamburger?

To combat business challenges leaders communicate and execute business strategies from the Greek word stratus for army and ago for leading.