Question 1

What are the characteristics of unstructured data?

Accepted Answer

A)   Does not follow a specified format
B)   Free-form text
C)   Emails,twitter tweets,and text messages
D)   All of these choicesE) A) and B)
F) C) and D)

Question 2

In terms of system thinking,what is the resulting information from the computer program?

Accepted Answer

A)   Input
B)   Output
C)   Process
D)   FeedbackE) All of the above
F) A) and D)

Question 3

What are goods?

Accepted Answer

A)   Material items or products that customer's will buy to satisfy a want or need
B)   Tasks performed by people that customer's 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 D)
F) None of the above

Question 4

Which of the below is similar to focused strategy versus broad strategy?

Accepted Answer

A)   Large market versus leadership
B)   Large market versus uniqueness
C)   Niche market versus large market
D)   Niche market versus genericE) B) and D)
F) None of the above

Question 5

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

Accepted Answer

A)   Scottrade Corp.creating an online system for employees to track paychecks,benefits,wellness rewards program,and other employee benefit items
B)   A system for the sales and marketing departments to track specific sales targets and follow up processes
C)   An easy electronic survey,similar to the survey monkey,to be sent to the customer right after a service was completed
D)   Royal Crest Dairy using their custom order and delivery system through an easily accessible Web portal for the customer to track delivery statusE) B) and D)
F) All of the above

Question 6

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

Accepted Answer

A)   Netflix
B)   Dell
C)   Zappos
D)   AmazonE) B) and D)
F) None of the above

Question 7

The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers.Victory Wireless offers customers who purchase an iPhone with a 2-year subscription a free Otter phone case,car charger,ear phones,and speakers.In terms of Porter's Five Forces what is Victory Wireless attempting to achieve with this marketing strategy?

Accepted Answer

A)   Increase buyer power
B)   Increase substitute products
C)   Decrease supplier power
D)   Decrease buyer powerE) B) and C)
F) None of the above

Question 8

A __________ advantage features a product or service on which customers place a greater value than they do on similar offerings from competitors.

Accepted Answer

A)   competitive advantage
B)   competitor advantage
C)   power advantage
D)   first-mover advantageE) A) and B)
F) C) and D)

Question 9

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents supplier power 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) B) and C)
F) All of the above

Question 10

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

Accepted Answer

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 objectivesE) A) and B)
F) A) and C)

Question 11

What is information collected from multiple sources such as suppliers,customers,competitors,partners,and industries that analyzes patterns,trends,and relationships for strategic decision making?

Accepted Answer

A)   Supplier's intelligence
B)   Social intelligence
C)   Employee intelligence
D)   Business intelligenceE) A) and C)
F) A) and B)

Question 12

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?

Accepted Answer

A)   Threat of new entrants
B)   Threat of substitute products or services
C)   Threat of buyer power
D)   Supply chain competitionE) B) and C)
F) A) and C)

Question 13

If you were thinking about a washing machine as a system which of the following represents the inputs?

Accepted Answer

A)   The dirty clothes,water,and detergent
B)   The clean clothes
C)   The wash and rinse cycle
D)   The light indicating that the washer is off balance and has stoppedE) A) and B)
F) All of the above A

Question 14

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

Accepted Answer

A)   Increase in productivity,decrease in profits
B)   Increase in productivity,increase in profits
C)   Decrease in productivity,decrease in profits
D)   Decrease in productivity,increase in profitsE) B) and C)
F) A) and D)

Question 15

What data is created by a machine without human intervention?

Accepted Answer

A)   Human-generated
B)   Machine-generated
C)   Machine-to-machine (M2M) 
D)   Unstructured dataE) C) and D)
F) A) and C)

Question 16

What is productivity?

Accepted Answer

A)   Material items or products that customer's will buy to satisfy a want or need
B)   Tasks performed by people that customer's 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 C)
F) None of the above D

Question 17

Cars,groceries,and clothing belong in which category?

Accepted Answer

A)   Goods
B)   Services
C)   Production
D)   ProductivityE) A) and C)
F) A) and B)

Question 18

Which of the following represents the relationship between functional areas in a business?

Accepted Answer

A)   Independent
B)   Autonomous
C)   Interdependent
D)   Self-sufficientE) A) and D)
F) A) and C)

Question 19

What is the difference between existing MIS workplace knowledge and the knowledge required to fulfill business goals and strategies?

Accepted Answer

A)   Off-site training
B)   MIS skills gap
C)   Social recruiting
D)   Information securityE) A) and C)
F) A) and B)

Question 20

Which of the following represents a reason why competitive advantages are typically temporary?

Accepted Answer

A)   The competitor will hire away your key employees.
B)   The competitor quickly seeks ways to duplicate your business operations.
C)   The competitor will purchase new technology.
D)   All of these choicesE) C) and D)
F) A) and B) D

Exam 1: Management Information Systems: Business Driven MIS

What are the characteristics of unstructured data?

Correct Answer
verified

In terms of system thinking,what is the resulting information from the computer program?

Correct Answer
verified

What are goods?

Correct Answer
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Which of the below is similar to focused strategy versus broad strategy?

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

Correct Answer
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A __________ advantage features a product or service on which customers place a greater value than they do on similar offerings from competitors.

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 supplier power in the soft drink industry?

Correct Answer
verified

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

Correct Answer
verified

What is information collected from multiple sources such as suppliers,customers,competitors,partners,and industries that analyzes patterns,trends,and relationships for strategic decision making?

Correct Answer
verified

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?

Correct Answer
verified

If you were thinking about a washing machine as a system which of the following represents the inputs?

Correct Answer
verified
A

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

Correct Answer
verified

What data is created by a machine without human intervention?

Correct Answer
verified

What is productivity?

Correct Answer
verified
D

Cars,groceries,and clothing belong in which category?

Correct Answer
verified

Which of the following represents the relationship between functional areas in a business?

Correct Answer
verified

What is the difference between existing MIS workplace knowledge and the knowledge required to fulfill business goals and strategies?

Correct Answer
verified

Which of the following represents a reason why competitive advantages are typically temporary?

Correct Answer
verified
D

Exam 1: Management Information Systems: Business Driven MIS

What are the characteristics of unstructured data?

Correct AnswerverifiedShow Answer

In terms of system thinking,what is the resulting information from the computer program?

Correct AnswerverifiedShow Answer

What are goods?

Correct AnswerverifiedShow Answer

Which of the below is similar to focused strategy versus broad strategy?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A __________ advantage features a product or service on which customers place a greater value than they do on similar offerings from competitors.

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 supplier power in the soft drink industry?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is information collected from multiple sources such as suppliers,customers,competitors,partners,and industries that analyzes patterns,trends,and relationships for strategic decision making?

Correct AnswerverifiedShow Answer

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?

Correct AnswerverifiedShow Answer

If you were thinking about a washing machine as a system which of the following represents the inputs?

Correct AnswerverifiedA

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input what would happen to your productivity and profits assuming the price of your cars remains the same?

Correct AnswerverifiedShow Answer

What data is created by a machine without human intervention?

Correct AnswerverifiedShow Answer

What is productivity?

Correct AnswerverifiedD

Cars,groceries,and clothing belong in which category?

Correct AnswerverifiedShow Answer

Which of the following represents the relationship between functional areas in a business?

Correct AnswerverifiedShow Answer

What is the difference between existing MIS workplace knowledge and the knowledge required to fulfill business goals and strategies?

Correct AnswerverifiedShow Answer

Which of the following represents a reason why competitive advantages are typically temporary?

Correct AnswerverifiedD

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A

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D

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D