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

A) True
B) False

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Imagine you are creating a new product to sell in an up-and-coming market. Which of the below statements indicates that it would be difficult for you to enter this new market?


A) The threat of new entrants' force is high in the up-and-coming market.
B) The threat of new entrants' force is low in the up-and-coming market.
C) The threat of new entrants' force is high during the summer months in the up-and-coming market.
D) All of the above depending on the time of year.

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

Correct Answer

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The chief technology officer (CSO)is responsible for ensuring the security of MIS systems and developing strategies and MIS safeguards against attacks from hackers and viruses.

A) True
B) False

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Which of the following is not a core driver of the information age?


A) Information.
B) Knowledge.
C) Internet of Things.
D) Data.

E) B) and C)
F) All of the above

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The business decisions made by the accounting department include transactional data, purchasing data, payroll data and tax data.

A) True
B) False

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What type of report can include updating daily stock market prices or the calculation of available inventory?


A) Static report.
B) Dynamic report.
C) Variable report.
D) Structured report.

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

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In terms of system thinking, what is output?


A) Data entered in a computer
B) Controls to ensure correct processes
C) The resulting information from the computer program
D) The computer program that processes the data

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

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MIS can add value to both primary and support activities within a business. Which of the following is not an example of a company adding value by the use of MIS in a support activity?


A) Netflix creating a business strategy for the video rental market that delivers videos via the mail.
B) The human resources department creates a tracking system to efficiently reward employees based on their performance.
C) Scottrade Corp. creating an online system for employees to track paychecks, benefits, wellness rewards program, and other employee benefit items.
D) The University of Forks creates a program to automatically order office supplies such as pens and pads of paper for its employees.

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

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


A) Fact.
B) Goods.
C) Competitive Intelligence.
D) Data.

E) None of the above
F) A) and C)

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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 the type of information Cheryl would be using to successfully perform her job?


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) B) and D)

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Big data is a view of data at a particular moment in time.

A) True
B) False

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Which of the following includes the roles and responsibilities of the CDO?


A) Determining the types of information the enterprise will capture, retain, analyze, and share.
B) Ensuring the ethical and legal use of information within a company.
C) Ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.
D) Ensuring that MIS strategically aligns with business goals and objectives.

E) B) and D)
F) C) and D)

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

A) True
B) False

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Which group of stakeholder's primary interests include exceptional customer service, high-quality products, and ethical dealings?


A) Partners/Suppliers
B) Shareholders/Investors
C) Community
D) Customers

E) B) and C)
F) None of the above

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Greg works for Geneva Steel Corporation. Greg's duties include managing the overall processes for the company and transforming the steel resources into goods. Which department would Greg most likely work in?


A) Accounting
B) Operations Management
C) Marketing
D) CIO

E) None of the above
F) C) and D)

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Closing the MIS skills gap by aligning the current workforce with potential future business needs is a simple proposition.

A) True
B) False

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


A) Chief technology officer (CTO) .
B) Chief security officer (CSO) .
C) Chief privacy officer (CPO) .
D) Chief knowledge officer (CKO) .

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

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Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's five forces model. Which of the following represents buyer power in the music industry?


A) Established record labels like EMI, Sony, Universal.
B) Walmart, Target, iTunes.
C) Independent record labels.
D) Game systems like Wii, social networks like Facebook.

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

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To combat business challenges leaders communicate and execute business strategies from the Greek word stratus for army and ago for leading.

A) True
B) False

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What is the support value activity that provides employees with training, hiring, and compensation?


A) Procurement.
B) Operations resource management.
C) Human resource management.
D) Firm infrastructure.

E) B) and D)
F) B) and C)

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