Question 1

Kevin Campbell is an incoming freshman at your college.Kevin is frustrated by the cost of books,tuition,and expenses and he also needs to purchase a rather expensive laptop.In an effort to save money,Kevin beings a Facebook group finding other college students who need to purchase laptops.Soon,Kevin's Facebook group has close to 100,000 students.Kevin decides to collectively approach different computer companies to see if his group qualifies for a special discount.What business strategy is Kevin using to purchase laptops?

Accepted Answer

A)  Collecting business intelligence.
B)  Decreasing entry barriers.
C)  Purchasing a substitute product.
D)  Increasing buyer power.E) None of the above
F) All of the above

Question 2

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

Accepted Answer

A)  Target high value-adding activities to further enhance their value.
B)  Target low value-adding activities to increase their value.
C)  Perform some combination of the two.
D)  All of the above.E) B) and C)
F) A) and D)

Question 3

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

Accepted Answer

A)  Developing new products or services,attracting new competition.
B)  Increasing costs,attracting new competition.
C)  Attracting new customers,developing new products or services.
D)  All of the above.E) A) and D)
F) A) and C)

Question 4

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 D)
F) All of the above

Question 5

What is business intelligence?

Accepted Answer

A)  Raw facts that describe the characteristics of an event or object.
B)  Data converted into a meaningful and useful context.
C)  Information collected from multiple sources that analyzes patterns,trends,and relationships for strategic decision making.
D)  Skills,experience,and expertise,coupled with information and intelligence,that creates a person's intellectual resources.E) All of the above
F) A) and D)

Question 6

___________ value activities are found along the top of the value chain and include business processes,such as firm infrastructure,human resource management,technology development,and procurement that support the primary value activities.

Accepted Answer

The answer of ___________ value activities are found along the...

Question 7

The Chief _________ Officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.

Accepted Answer

The answer of The Chief _________ Officer is responsible for...

Question 8

Inbound logistics and operations are part of the primary value activities.

Accepted Answer

A) True 
 B)False

Question 9

Information is data converted into useful,meaningful context.What are data characteristics that change or vary over time?

Accepted Answer

A)  Facts.
B)  Variables.
C)  Supplies.
D)  Vulnerable.E) A) and B)
F) B) and C)

Question 10

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

Accepted Answer

A)  Chief Knowledge Officer (CKO) .
B)  Chief Security Officer (CSO) .
C)  Chief Technology Officer (CTO) .
D)  Chief Information Officer (CIO) .E) A) and D)
F) B) and C)

Question 11

The Chief Security Officer is responsible for ensuring the __________ of business systems and developing strategies and safeguards against attacks by hackers and viruses.

Accepted Answer

The answer of The Chief Security Officer is responsible for...

Question 12

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Accepted Answer

A)  Feedback.
B)  Processing.
C)  Output management.
D)  Sales processing.E) A) and D)
F) A) and C)

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is considered a good?

Accepted Answer

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

Question 15

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) All of the above
F) C) and D)

Question 16

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents a substitute product in the soft drink industry?

Accepted Answer

A)  Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases.
B)  Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store.
C)  Zevia Natural Diet Soda begins selling directly over the Internet.
D)  Vitamin water,fruit juice,coffee.E) None of the above
F) All of the above

Question 17

Buyer power is the ability of buyers to affect the price they must pay for an item.

Accepted Answer

A) True 
 B)False

Question 18

What is productivity?

Accepted Answer

A)  Material items or products that customers will buy to satisfy a want or need.
B)  Tasks performed by people that customers will buy to satisfy a want or need.
C)  The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.
D)  The rate at which goods and services are produced based upon total output given total inputsE) A) and B)
F) None of the above

Question 19

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

Accepted Answer

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)

Question 20

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer.What age is this statement referring to?

Accepted Answer

A)  Data age.
B)  Information age.
C)  Business intelligence age.
D)  All of the above.E) None of the above
F) C) and D)

Exam 1: Management Information Systems: Business Driven MIS

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

Correct Answer
verified

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

Correct Answer
verified

Inbound logistics and operations are part of the primary value activities.

Correct Answer
verified

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

Correct Answer
verified

Information is data converted into useful,meaningful context.What are data characteristics that change or vary over time?

Correct Answer
verified

What is business intelligence?

Correct Answer
verified

Correct Answer
verified

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Correct Answer
verified

Buyer power is the ability of buyers to affect the price they must pay for an item.

Correct Answer
verified

The Chief Security Officer is responsible for ensuring the __________ of business systems and developing strategies and safeguards against attacks by hackers and viruses.

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

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

Correct Answer
verified

The Chief _________ Officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.

Correct Answer
verified

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

Correct Answer
verified

What is productivity?

Correct Answer
verified

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents a substitute product in the soft drink industry?

Correct Answer
verified

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

Correct Answer
verified

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer.What age is this statement referring to?

Correct Answer
verified

Which of the following is considered a good?

Correct Answer
verified

___________ value activities are found along the top of the value chain and include business processes,such as firm infrastructure,human resource management,technology development,and procurement that support the primary value activities.

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Inbound logistics and operations are part of the primary value activities.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Information is data converted into useful,meaningful context.What are data characteristics that change or vary over time?

Correct AnswerverifiedShow Answer

What is business intelligence?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Shelby Black runs a very successful hair salon in downtown Los Angeles.One of Shelby's tasks is to input positive and negative customer reviews into her computer system.What type of information is Shelby gathering?

Correct AnswerverifiedShow Answer

Buyer power is the ability of buyers to affect the price they must pay for an item.

Correct AnswerverifiedShow Answer

The Chief Security Officer is responsible for ensuring the __________ of business systems and developing strategies and safeguards against attacks by hackers and viruses.

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

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

Correct AnswerverifiedShow Answer

The Chief _________ Officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.

Correct AnswerverifiedShow Answer

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

Correct AnswerverifiedShow Answer

What is productivity?

Correct AnswerverifiedShow Answer

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents a substitute product in the soft drink industry?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer.What age is this statement referring to?

Correct AnswerverifiedShow Answer

Which of the following is considered a good?

Correct AnswerverifiedShow Answer

___________ value activities are found along the top of the value chain and include business processes,such as firm infrastructure,human resource management,technology development,and procurement that support the primary value activities.

Correct AnswerverifiedShow Answer

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