Question 1

Broad differentiation, broad cost leadership, and ________ create the three generic strategies identified by Porter.

Accepted Answer

A)  Narrow market leadership
B)  High cost versus low cost
C)  Focused strategy
D)  None of the aboveE) B) and D)
F) A) and B)

Question 2

How are the majority of companies today typically organized?

Accepted Answer

A)  By departments or functional areas.
B)  By departments or financial areas.
C)  By degree or financial areas.
D)  By manager or knowledge area.E) B) and D)
F) C) and D)

Question 3

Cheryl Steffan 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 knowledge that Cheryl would be using to successfully perform her job?

Accepted Answer

A)  Craig Newmark is customer number 15467.
B)  Flour Power is supplier number 8745643.
C)  Best-selling product by day
D)  Best-selling product changes when Tony the best baker is working.E) All of the above
F) None of the above

Question 4

Which of the following is considered a good?

Accepted Answer

A)  Cars
B)  Teaching
C)  Waiting tables
D)  All of the aboveE) B) and D)
F) B) and C)

Question 5

Why do students need to study information technology?

Accepted Answer

A)  Information technology is everywhere in business
B)  Information technology is frequently discussed in business
C)  Information technology is frequently used in organizations
D)  All of the above.E) A) and C)
F) All of the above

Question 6

Cheryl Steffan 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) All of the above
F) A) and D)

Question 7

The chief knowledge officer is responsible for (1)overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives.

Accepted Answer

A) True 
 B)False

Question 8

Waiting tables, teaching, and cutting hair are all examples of services that people pay for to fulfill their needs.

Accepted Answer

A) True 
 B)False

Question 9

A stakeholder is a person or group that has an interest or concern in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change.

Accepted Answer

A) True 
 B)False

Question 10

Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?

Accepted Answer

A)  Input, Transform, Output.
B)  Input, Transform, Outnumber.
C)  Output, Input, Performer.
D)  Input, Process, Transform.E) A) and B)
F) B) and C)

Question 11

What data is created by a machine without human intervention?

Accepted Answer

A)  Human-generated.
B)  Machine-generated.
C)  Machine-to-machine (M2M) 
D)  Unstructured data.E) All of the above
F) A) and B)

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

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

Accepted Answer

A) True 
 B)False

Question 14

What includes all parties involved, directly or indirectly, in obtaining raw materials or a product?

Accepted Answer

A)  Support chain.
B)  Supply chain.
C)  System chain.
D)  Supply choice.E) B) and C)
F) A) and B)

Question 15

What resides within the minds of members, customers, and colleagues and include physical structures and recorded media?

Accepted Answer

A)  Knowledge assets.
B)  Knowledge facilitators.
C)  Predictive analytics.
D)  Business analytics.E) All of the above
F) B) and C)

Question 16

Which of the following are included as potential internal strengths in a SWOT analysis that are helpful to an organization?

Accepted Answer

A)  Core competencies, market leaders, cost advantages, excellent management.
B)  Lack of strategic direction, obsolete technologies, lack of managerial talent, outdated product line.
C)  Expanded product line, increase in demand, new markets, new regulations.
D)  New entrants, substitute products, shrinking markets, costly regulatory, requirements.E) B) and C)
F) A) and B)

Question 17

Data is useful for understanding individual sales, but to gain deeper insight into a business data needs to be turned into information. Which of the following offers an example of turning data into information?

Accepted Answer

A)  Who are my best customers?
B)  What is my best-selling product?
C)  What is my worst-selling product?
D)  All of the aboveE) All of the above
F) C) and D)

Question 18

MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?

Accepted Answer

A)  MIS equals business success and innovation.
B)  MIS represents business success and innovation.
C)  MIS is not a valuable tool that leverages talent.
D)  MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.E) B) and C)
F) All of the above

Question 19

Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

Accepted Answer

A) True 
 B)False

Question 20

Jason Charney is the CIO of Zapp Industries. Which of the following does not describe his primary responsibilities?

Accepted Answer

A)  Manage and defend intellectual property, copyrights and patents.
B)  Oversee all the uses of information technology.
C)  Ensure the strategic alignment of MIS with business goals and objectives.
D)  Have tremendous insight into the capabilities of MIS.E) C) and D)
F) B) and D)

Exam 1: Management Information Systems: Business Driven MIS

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

Broad differentiation, broad cost leadership, and ________ create the three generic strategies identified by Porter.

Correct Answer
verified

Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

Correct Answer
verified

Why do students need to study information technology?

Correct Answer
verified

Correct Answer
verified

Data is useful for understanding individual sales, but to gain deeper insight into a business data needs to be turned into information. Which of the following offers an example of turning data into information?

Correct Answer
verified

MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?

Correct Answer
verified

Jason Charney is the CIO of Zapp Industries. Which of the following does not describe his primary responsibilities?

Correct Answer
verified

Waiting tables, teaching, and cutting hair are all examples of services that people pay for to fulfill their needs.

Correct Answer
verified

The chief knowledge officer is responsible for (1)overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives.

Correct Answer
verified

A stakeholder is a person or group that has an interest or concern in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change.

Correct Answer
verified

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

Correct Answer
verified

What includes all parties involved, directly or indirectly, in obtaining raw materials or a product?

Correct Answer
verified

Which of the following is considered a good?

Correct Answer
verified

Correct Answer
verified

What data is created by a machine without human intervention?

Correct Answer
verified

How are the majority of companies today typically organized?

Correct Answer
verified

What resides within the minds of members, customers, and colleagues and include physical structures and recorded media?

Correct Answer
verified

Which of the following are included as potential internal strengths in a SWOT analysis that are helpful to an organization?

Correct Answer
verified

Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

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

Broad differentiation, broad cost leadership, and ________ create the three generic strategies identified by Porter.

Correct AnswerverifiedShow Answer

Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

Correct AnswerverifiedShow Answer

Why do students need to study information technology?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Data is useful for understanding individual sales, but to gain deeper insight into a business data needs to be turned into information. Which of the following offers an example of turning data into information?

Correct AnswerverifiedShow Answer

MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?

Correct AnswerverifiedShow Answer

Jason Charney is the CIO of Zapp Industries. Which of the following does not describe his primary responsibilities?

Correct AnswerverifiedShow Answer

Waiting tables, teaching, and cutting hair are all examples of services that people pay for to fulfill their needs.

Correct AnswerverifiedShow Answer

The chief knowledge officer is responsible for (1)overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives.

Correct AnswerverifiedShow Answer

A stakeholder is a person or group that has an interest or concern in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What includes all parties involved, directly or indirectly, in obtaining raw materials or a product?

Correct AnswerverifiedShow Answer

Which of the following is considered a good?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

What data is created by a machine without human intervention?

Correct AnswerverifiedShow Answer

How are the majority of companies today typically organized?

Correct AnswerverifiedShow Answer

What resides within the minds of members, customers, and colleagues and include physical structures and recorded media?

Correct AnswerverifiedShow Answer

Which of the following are included as potential internal strengths in a SWOT analysis that are helpful to an organization?

Correct AnswerverifiedShow Answer

Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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