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Exam 1: Management Information Systems: Business Driven MIS

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Question 221

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Who is responsible for ensuring the ethical and legal use of information within a company?

A) Chief technology officer (CTO) .
B) Chief security officer (CSO) .
C) Chief privacy officer (CPO) .
D) Chief knowledge officer (CKO) .

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

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Question 222

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Demonstrate how a company can add value by using Porter's value chain analysis.

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To identify competitive advantages, Mich...

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Question 223

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

A standardized set of activities that accomplish a specific task is called a supply chain component.

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

What is a value chain analysis?

In a SWOT analysis potential external opportunities are helpful when they identify all significant trends along with how the organization can benefit from each, including new markets, additional customer groups, legal changes, innovative technologies, population changes, competitor issues, and so on.

The chief intellectual property officer (CIPO)is responsible for collecting, maintaining, and distributing the organization's knowledge.

Which department tracks strategic financial issues, including money, banking, credit, investments, and assets?

Tiffany & Company competes in the marketplace by offering high cost custom jewelry. Tiffany & Company is following a broad market and cost leadership strategy.

What refers to devices that connect directly to other devices?

When analyzing the book store industry, some of today's businesses compete with different business strategies and cost strategies. Which of the following is using a broad market competitive scope along with a low cost strategy?

Structured data is data that has a defined length, type, and format and includes numbers, dates, or strings such as Customer Address.

Which data types are typically found in the finance department?

A primary value activity is a standardized set of activities that accomplish a specific task, such as processing a customer's order.

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

A SWOT analysis will evaluate potential internal strengths, internal weaknesses, and external opportunities.

According to Fast Company magazine, which of the following executive levels might we see created over the next decade?

Descriptive analytics is the scientific process of transforming data into insight for making better decisions.

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