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Exam 1: Management Information Systems: Business Driven MIS

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Question 231

Multiple Choice

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

A) Monetary data.
B) Technology data.
C) Production data.
D) Employee data.

E) None of the above
F) All of the above

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Question 232

Multiple Choice

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What are predictive analytics?

A) The scientific process of transforming data into insight for making better decisions.
B) Uses techniques that describe past performance and history.
C) Uses techniques that extract information from data and use it to predict future trends and identify behavioral patterns.
D) Uses techniques that create models indicating the best decision to make or course of action to take.

E) None of the above
F) All of the above

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Question 233

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

Which data types are typically found in the accounting department?

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

Trina Hauger works for Johnson Electric as a corporate lawyer and part of her duties are to ensure the ethical and legal use of information within the company. Which of the following represents Trina's role at Johnson Electric?

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.

Adam Nation holds an executive position at PH Corporation. He has an extensive understanding of networks and telecommunications. Adam is aware of the information-technology threats the company faces, and institutes security protocols and safeguards to secure the MIS systems at PH Corporation. Based on this description, what position does Adam hold?

Which of the following statements is correct when considering a SWOT analysis?

Analytics, also called intellectual capital, are the human, structural, and recorded resources available to the organization.

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

Order date, amount sold, and customer number are all forms of data.

Lettuce, tomatoes, patty, bun, and ketchup are included in the output of making a hamburger.

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

A SWOT analysis evaluates an organization's strengths, worries, opportunities, and technologies to identify significant influences that work for or against business strategies.

Sara McGuire holds an executive position at Henry Commerce. She is a big-picture thinker, and makes sure the technology strategy at Henry Commerce serves its business strategy. She has a well-rounded knowledge of MIS and her primary responsibilities include the efficiency of Henry Commerce's MIS systems. Based on this description, what position does Sara hold?

Your boss, Penny Dirks, has asked you to analyze the airline industry using Porter's three generic strategies. Which of the following companies are using a focused strategy?

Your boss, Penny Dirks, has asked you to analyze the airline industry using Porter's three generic strategies. Which of the following companies are using a cost leadership strategy?

What refers to devices that connect directly to other devices?

Which of the following offers an example where Porter's five forces are mostly strong and competition is high?