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Exam 1: Management Information Systems: Business Driven MIS

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Question 81

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Which role within a company is responsible for overseeing all uses of MIS and ensuring that MIS strategic aligns with business goals and objectives?

A) Chief knowledge officer (CKO) .
B) Chief privacy officer (CPO) .
C) Chief information officer (CIO) .
D) Chief security officer (CSO) .

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

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Question 82

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According to Porter's three generic strategies,Walmart is following a business strategy that focuses on 'broad market and low cost'.

A) True
B) False

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Question 83

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Which of the following is not a technology company but used technology to revamp the business process of selling books?

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

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

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?

Which of the following is not a technology company but used technology to revamp the business process of renting videos?

A business strategy achieves a specific set of goals which include _________.

Which of the following is considered a core driver of the information age?

The department within a company that supports the sales by planning,pricing,and promoting goods or services is called __________.

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

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

An overview of systems thinking includes input,process,output,and finances.

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?

Callie Crystal owns and operates one of the most successful local coffee shops in Denver,called The Edgewater Café.Each time a customer purchases their 100^th cup of coffee at The Edgewater Café they receive a free pound of coffee of their choice.What is Callie attempting to create with her unique "Free Pound of Coffee" marketing program?

____________ is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

With the Five Forces Model,companies should watch the forces in the market.If the forces are strong competition generally increases and if the forces are weak competition typically decreases.

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

Best-selling product by month compared to sports season and city team wins and losses is considered a type of business ________________.

Value chain analysis views a firm as a series of business processes that each adds value to the product or service.