Question 1

Compare Porter's three generic strategies.

Accepted Answer

Organizations typically follow one of Po...

Question 2

Which data types are typically found in the sales department?

Accepted Answer

A)  Sales data, customer data, commission data, and customer support data.
B)  Employee data, promotion data, vacation data.
C)  Investment data, monetary data, reporting data.
D)  Transactional data, purchasing data, payroll data, tax data.E) A) and B)
F) B) and D)

Question 3

Which of the below represents a company in a supply chain?

Accepted Answer

A)  Customer and competitor.
B)  Supplier and competitor.
C)  Knowledge worker and supplier.
D)  Supplier and customer.E) None of the above
F) A) and C)

Question 4

According to Fast Company magazine, a few executive levels you might see created over the next decade include chief intellectual property officer, chief automation officer, and chief user experience officer.

Accepted Answer

A) True 
 B)False

Question 5

Most companies are typically organized by departments or functional areas. Which of the following is not a common department found in a company?

Accepted Answer

A)  Accounting.
B)  Payroll.
C)  Marketing.
D)  Human Resources.E) A) and D)
F) A) and B)

Question 6

What is the name of a company's internal computer department?

Accepted Answer

A)  Management information systems (MIS) 
B)  Information systems (IS) 
C)  Information technology (IT) 
D)  All of the aboveE) None of the above
F) A) and D)

Question 7

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, which creates a person's intellectual resources.E) B) and D)
F) B) and C)

Question 8

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for customers?

Accepted Answer

A)  Exceptional customer service.
B)  Fair compensation.
C)  Professional associations.
D)  Reliable contracts.E) A) and D)
F) C) and D)

Question 9

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving. What does MIS stand for?

Accepted Answer

A)  Management Information Strategy.
B)  Management Intelligence System.
C)  Management Information System.
D)  Management Information Strategist.E) B) and D)
F) None of the above

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

The Internet of Things (IoT)refers to devices that connect directly to other devices.

Accepted Answer

A) True 
 B)False

Question 12

In the center of Porter's Five Forces model is competition. Which of the below represents the four outer boxes?

Accepted Answer

A)  Buyer power, systems power, threat of false entrants, and threat of substitute products or services
B)  Buyer power, systems power, threat of new entrants, and threat of substitute products or services
C)  Buyer power, supplier power, threat of new entrants, and threat of substitute products or services
D)  Business power, supplier power, threat of new entrants, and threat of powerful servicesE) A) and D)
F) B) and C)

Question 13

When analyzing Porter's three generic strategies for entering a market, if you have a focused strategy what market should you target?

Accepted Answer

A)  A niche market.
B)  A broad market.
C)  Neither niche or broad markets.
D)  Both niche and broad markets.E) A) and B)
F) None of the above

Question 14

According to Fast Company magazine, chief user experience officer. is a new executive level we might see created over the next decade. Which of the following includes the roles and responsibilities of this officer?

Accepted Answer

A)  Manage and defend intellectual property, copy-rights and patents.
B)  Determines if a person or business process can be replaced by a robot or software.
C)  Create the optimal relationship between user and technology.
D)  Ensure the ethical and legal use of information within an organization.E) None of the above
F) All of the above

Question 15

Which department maintains policies, plans, and procedures for the effective management of employees?

Accepted Answer

A)  Sales.
B)  Operations Management.
C)  Accounting.
D)  Human Resources.E) A) and B)
F) None of the above

Question 16

Which group of stakeholder's primary interests include adhering to regulations/laws, increasing employment, and ethical taxation reporting?

Accepted Answer

A)  Partners/Suppliers
B)  Shareholders/Investors
C)  Community
D)  GovernmentE) B) and D)
F) B) and C)

Question 17

How does the text recommend that a company operate if it wants to be successful in the information age?

Accepted Answer

A)  Functionally independent between departments.
B)  Interdependently between departments.
C)  Together as one department with little or no independence.
D)  Each department acting as its own individual business unit.E) B) and C)
F) A) and C)

Question 18

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Accepted Answer

A)  Chief Knowledge Officer (CKO) .
B)  Chief Privacy Officer (CPO) .
C)  Chief Technology Officer (CTO) .
D)  Chief Information Officer (CIO) .E) None of the above
F) All of the above

Question 19

Susan Stewart is an executive at Equity Title where she is responsible for collecting, maintaining and distributing knowledge for the company. What is Susan's role at Equity Title?

Accepted Answer

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

Question 20

Updating business strategies is a continuous undertaking as internal and external environments ________.

Accepted Answer

A)  Become less competitive.
B)  Remain stagnant.
C)  Rapidly change.
D)  Become more consistent.E) All of the above
F) B) and C)

Exam 1: Management Information Systems: Business Driven MIS

Updating business strategies is a continuous undertaking as internal and external environments ________.

Correct AnswerverifiedShow Answer

Most companies are typically organized by departments or functional areas. Which of the following is not a common department found in a company?

Correct AnswerverifiedShow Answer

How does the text recommend that a company operate if it wants to be successful in the information age?

Correct AnswerverifiedShow Answer

According to Fast Company magazine, a few executive levels you might see created over the next decade include chief intellectual property officer, chief automation officer, and chief user experience officer.

Correct AnswerverifiedShow Answer

Compare Porter's three generic strategies.

Correct AnswerverifiedOrganizations typically follow one of Po...View AnswerShow Answer

Which department maintains policies, plans, and procedures for the effective management of employees?

Correct AnswerverifiedShow Answer

Which data types are typically found in the sales department?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

According to Fast Company magazine, chief user experience officer. is a new executive level we might see created over the next decade. Which of the following includes the roles and responsibilities of this officer?

Correct AnswerverifiedShow Answer

Which of the below represents a company in a supply chain?

Correct AnswerverifiedShow Answer

What is business intelligence?

Correct AnswerverifiedShow Answer

Susan Stewart is an executive at Equity Title where she is responsible for collecting, maintaining and distributing knowledge for the company. What is Susan's role at Equity Title?

Correct AnswerverifiedShow Answer

The Internet of Things (IoT)refers to devices that connect directly to other devices.

Correct AnswerverifiedShow Answer

Which group of stakeholder's primary interests include adhering to regulations/laws, increasing employment, and ethical taxation reporting?

Correct AnswerverifiedShow Answer

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving. What does MIS stand for?

Correct AnswerverifiedShow Answer

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

Correct AnswerverifiedShow Answer

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for customers?

Correct AnswerverifiedShow Answer

In the center of Porter's Five Forces model is competition. Which of the below represents the four outer boxes?

Correct AnswerverifiedShow Answer

What is the name of a company's internal computer department?

Correct AnswerverifiedShow Answer

When analyzing Porter's three generic strategies for entering a market, if you have a focused strategy what market should you target?

Correct AnswerverifiedShow Answer

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Organizations typically follow one of Po...
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