Question 1

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) None of the above
F) B) and D)

Question 2

Which of the following represents the types of data commonly found in the accounting department?

Accepted Answer

A)   Tax data
B)   Payroll data
C)   Transactional data
D)   All of these choicesE) All of the above
F) A) and B)

Question 3

The business decisions made by the Human Resources department include employee data,promotion data,and vacation data.

Accepted Answer

A) True 
 B)False

Question 4

Why do students need to study information technology?

Accepted Answer

A)   Information technology is everywhere in business
B)   Information technology is rarely discussed in business
C)   Information technology is rarely used in organizations
D)   Information technology is found in only a few businessesE) All of the above
F) B) and C)

Question 5

If you were thinking about a washing machine as a system which of the following represents the process?

Accepted Answer

A)   The dirty clothes,water,and detergent
B)   The clean clothes
C)   The wash and rinse cycle
D)   The light indicating that the washer is off balance and has stoppedE) C) and D)
F) B) and D)

Question 6

What includes support value activities and primary value activities and is used to determine how to create the greatest possible value for customers?

Accepted Answer

A)   Supplier power
B)   Operations management
C)   Porter's Five Forces Model
D)   The value chain analysisE) A) and B)
F) None of the above

Question 7

Explain systems thinking and how management information systems enable business communications.

Accepted Answer

A system is a collection of parts that l...

Question 8

Identify the different departments in a company and why they must work together to achieve success.

Accepted Answer

Companies are typically organized by dep...

Question 9

If you were thinking about an oven as a system which of the following represents the input?

Accepted Answer

A)   The uncooked food
B)   The cooked food
C)   A light indicating that the oven has reached the preheated temperature
D)   The oven running at 350 degrees for 20 minutesE) C) and D)
F) A) and B)

Question 10

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

Accepted Answer

A)   A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part
B)   A way of monitoring individual components including an input,the process,and an output,while continuously gathering feedback on the entire system
C)   A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on the entire system
D)   A way of monitoring singular parts of a system by viewing a single input that is processed or transformed to produce an entire system that is continuously monitored to gather feedback on each individual partE) A) and B)
F) B) and C)

Question 11

The Accounting and Finance departments primarily use monetary data.

Accepted Answer

A) True 
 B)False

Question 12

Using only data and information to make decisions and solve problems is the key to finding success in business.These are also the only core drivers of the information age and the building blocks of business systems.

Accepted Answer

A) True 
 B)False

Question 13

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 14

What is predictive analytics?

Accepted Answer

A)   A world where interconnected,Internet-enabled devices or "things" can collect and share data without human intervention
B)   Extracts information from data and uses it to predict future trends and identify behavioral patterns
C)   Refers to devices that connect directly to other devices
D)   Opportunities to change the way people purchase booksE) A) and D)
F) A) and C)

Question 15

Updating business strategies is a continuous undertaking as internal and external environments ________.

Accepted Answer

A)   become less competitive
B)   remain stagnant
C)   rapidly change
D)   become more consistentE) None of the above
F) B) and D)

Question 16

What is a view of data at a particular moment in time?

Accepted Answer

A)   Knowledge
B)   Big data
C)   Snapshot
D)   Unstructured dataE) A) and B)
F) None of the above

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

What type of report changes automatically during creation?

Accepted Answer

A)   Static report
B)   Dynamic report
C)   Variable report
D)   Structured reportE) A) and D)
F) B) and C)

Question 19

Jennifer Bloom is writing a paper and she must determine which of Porter's Three Generic Strategies The Museum Company has implemented.Jennifer finds out that The Museum Company offers specialty products found only in museums around the world to affluent customers.What would Jennifer determine The Museum Company is using as its generic strategy?

Accepted Answer

A)   Broad market,low cost
B)   Narrow market,high cost
C)   Broad market,high cost
D)   Narrow market,low costE) C) and D)
F) B) and D)

Question 20

Competitive advantages provide the same product or service either at a lower price or with additional value that can fetch premium prices.

Accepted Answer

A) True 
 B)False

Exam 1: Management Information Systems: Business Driven MIS

If you were thinking about a washing machine as a system which of the following represents the process?

Correct Answer
verified

Explain systems thinking and how management information systems enable business communications.

Correct Answer
verified
A system is a collection of parts that l...
View Answer

Why do students need to study information technology?

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

Updating business strategies is a continuous undertaking as internal and external environments ________.

Correct Answer
verified

Identify the different departments in a company and why they must work together to achieve success.

Correct Answer
verified
Companies are typically organized by dep...
View Answer

Using only data and information to make decisions and solve problems is the key to finding success in business.These are also the only core drivers of the information age and the building blocks of business systems.

Correct Answer
verified

If you were thinking about an oven as a system which of the following represents the input?

Correct Answer
verified

The Accounting and Finance departments primarily use monetary data.

Correct Answer
verified

Correct Answer
verified

What is predictive analytics?

Correct Answer
verified

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

Correct Answer
verified

Which data types are typically found in the Accounting department?

Correct Answer
verified

Which of the following represents the types of data commonly found in the accounting department?

Correct Answer
verified

What is a view of data at a particular moment in time?

Correct Answer
verified

Competitive advantages provide the same product or service either at a lower price or with additional value that can fetch premium prices.

Correct Answer
verified

What type of report changes automatically during creation?

Correct Answer
verified

What includes support value activities and primary value activities and is used to determine how to create the greatest possible value for customers?

Correct Answer
verified

The business decisions made by the Human Resources department include employee data,promotion data,and vacation data.

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

If you were thinking about a washing machine as a system which of the following represents the process?

Correct AnswerverifiedShow Answer

Explain systems thinking and how management information systems enable business communications.

Correct AnswerverifiedA system is a collection of parts that l...View AnswerShow Answer

Why do students need to study information technology?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Updating business strategies is a continuous undertaking as internal and external environments ________.

Correct AnswerverifiedShow Answer

Identify the different departments in a company and why they must work together to achieve success.

Correct AnswerverifiedCompanies are typically organized by dep...View AnswerShow Answer

Using only data and information to make decisions and solve problems is the key to finding success in business.These are also the only core drivers of the information age and the building blocks of business systems.

Correct AnswerverifiedShow Answer

If you were thinking about an oven as a system which of the following represents the input?

Correct AnswerverifiedShow Answer

The Accounting and Finance departments primarily use monetary data.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

What is predictive analytics?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which data types are typically found in the Accounting department?

Correct AnswerverifiedShow Answer

Which of the following represents the types of data commonly found in the accounting department?

Correct AnswerverifiedShow Answer

What is a view of data at a particular moment in time?

Correct AnswerverifiedShow Answer

Competitive advantages provide the same product or service either at a lower price or with additional value that can fetch premium prices.

Correct AnswerverifiedShow Answer

What type of report changes automatically during creation?

Correct AnswerverifiedShow Answer

What includes support value activities and primary value activities and is used to determine how to create the greatest possible value for customers?

Correct AnswerverifiedShow Answer

The business decisions made by the Human Resources department include employee data,promotion data,and vacation data.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
A system is a collection of parts that l...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Companies are typically organized by dep...
View 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