Question 1

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 processE) None of the above
F) All of the above

Question 2

Companies today are successful when they combine the power of the information age with traditional business methods.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is considered a good?

Accepted Answer

A)  milk and eggs
B)  managing a team
C)  selling groceries
D)  All of these are correct.E) A) and C)
F) B) and C)

Question 4

The marketing department supports sales by planning, pricing, and promoting goods or services.

Accepted Answer

A) True 
 B)False

Question 5

The threat of substitute products or services refers to the power of competitors to enter a new market.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

Information technology can enable departments to more efficiently and effectively perform their core _____________.

Accepted Answer

A)  facts
B)  feedback mechanisms
C)  business operations
D)  media issuesE) None of the above
F) B) and D)

Question 8

What are costs that make customers reluctant to switch to another product or service?

Accepted Answer

A)  support activities
B)  switching costs
C)  loyalty rewards
D)  value chain activitiesE) A) and B)
F) A) and D)

Question 9

Which of the following represents procurement as part of the support value activities in a value chain analysis?

Accepted Answer

A)  purchases inputs such as raw materials, resources, equipment and supplies
B)  applies MIS to processes to add value
C)  distributes goods and services to customers
D)  promotes, prices, and sells products to customersE) C) and D)
F) All of the above

Question 10

What are goods?

Accepted Answer

A)  material items or products that customers will buy to satisfy a want or need
B)  tasks performed by people that customers will buy to satisfy a want or need
C)  the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services
D)  the rate at which goods and services are produced based upon total output given total inputsE) A) and D)
F) A) and C)

Question 11

Which of the following is considered a good?

Accepted Answer

A)  cars
B)  groceries
C)  clothing
D)  All of these are correct.E) A) and D)
F) All of the above

Question 12

A grilled cheese sandwich is considered the final output of a making-a-sandwich process.

Accepted Answer

A) True 
 B)False

Question 13

Who is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses?

Accepted Answer

A)  Chief Knowledge Officer (CKO) 
B)  Chief Security Office (CSO) 
C)  Chief Technology Officer (CTO) 
D)  Chief Information Officer (CIO) E) B) and C)
F) None of the above

Question 14

Which data types are typically found in the accounting department?

Accepted Answer

A)  promotion data, sales data, advertising data
B)  employee data, promotion data, vacation data
C)  investment data, monetary data, reporting data
D)  transactional data, purchasing data, payroll data, tax dataE) A) and B)
F) None of the above

Question 15

Cheryl is the operations manager for Nature's Bread Company, which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of a piece of data Cheryl would be using to successfully perform her job?

Accepted Answer

A)  Craig Newmark is customer number 15467.
B)  compare the costs of supplies including energy over the last five years to determine the best-selling product by month
C)  best-selling product by day
D)  Best-selling product changes when Tony the best baker is working.E) A) and B)
F) A) and C)

Question 16

Assume you are in the business of producing and selling t-shirts. If you could produce more t-shirts with the same input, what would happen to your productivity and profits assuming the price of your t-shirts remains the same?

Accepted Answer

A)  increase in productivity, decrease in profits
B)  increase in productivity, increase in profits
C)  decrease in productivity, decrease in profits
D)  decrease in productivity, increase in profitsE) B) and D)
F) A) and B)

Question 17

The chief knowledge officer is responsible for collecting, maintaining, and distributing company knowledge.

Accepted Answer

A) True 
 B)False

Question 18

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

Accepted Answer

A) True 
 B)False

Question 19

_________ refers to devices that connect directly to other devices.

Accepted Answer

A)  Internet of Things
B)  Predictive analytics
C)  Machine to machine
D)  Flat worldE) B) and C)
F) A) and D)

Question 20

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)  dataE) B) and C)
F) A) and C)

Exam 1: Management Information Systems: Business Driven MIS

Which data types are typically found in the accounting department?

Correct Answer
verified

A grilled cheese sandwich is considered the final output of a making-a-sandwich process.

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

Which of the following is considered a good?

Correct Answer
verified

The threat of substitute products or services refers to the power of competitors to enter a new market.

Correct Answer
verified

_________ refers to devices that connect directly to other devices.

Correct Answer
verified

The marketing department supports sales by planning, pricing, and promoting goods or services.

Correct Answer
verified

Which of the following is considered a good?

Correct Answer
verified

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

Correct Answer
verified

The chief knowledge officer is responsible for collecting, maintaining, and distributing company knowledge.

Correct Answer
verified

Who is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses?

Correct Answer
verified

Companies today are successful when they combine the power of the information age with traditional business methods.

Correct Answer
verified

What are costs that make customers reluctant to switch to another product or service?

Correct Answer
verified

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

Correct Answer
verified

Which of the following represents procurement as part of the support value activities in a value chain analysis?

Correct Answer
verified

Correct Answer
verified

Assume you are in the business of producing and selling t-shirts. If you could produce more t-shirts with the same input, what would happen to your productivity and profits assuming the price of your t-shirts remains the same?

Correct Answer
verified

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

Correct Answer
verified

What are goods?

Correct Answer
verified

Information technology can enable departments to more efficiently and effectively perform their core _____________.

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

Which data types are typically found in the accounting department?

Correct AnswerverifiedShow Answer

A grilled cheese sandwich is considered the final output of a making-a-sandwich process.

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

Which of the following is considered a good?

Correct AnswerverifiedShow Answer

The threat of substitute products or services refers to the power of competitors to enter a new market.

Correct AnswerverifiedShow Answer

_________ refers to devices that connect directly to other devices.

Correct AnswerverifiedShow Answer

The marketing department supports sales by planning, pricing, and promoting goods or services.

Correct AnswerverifiedShow Answer

Which of the following is considered a good?

Correct AnswerverifiedShow Answer

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

Correct AnswerverifiedShow Answer

The chief knowledge officer is responsible for collecting, maintaining, and distributing company knowledge.

Correct AnswerverifiedShow Answer

Who is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses?

Correct AnswerverifiedShow Answer

Companies today are successful when they combine the power of the information age with traditional business methods.

Correct AnswerverifiedShow Answer

What are costs that make customers reluctant to switch to another product or service?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following represents procurement as part of the support value activities in a value chain analysis?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Assume you are in the business of producing and selling t-shirts. If you could produce more t-shirts with the same input, what would happen to your productivity and profits assuming the price of your t-shirts remains the same?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What are goods?

Correct AnswerverifiedShow Answer

Information technology can enable departments to more efficiently and effectively perform their core _____________.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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