Question 1

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

A) True 
 B)False

Question 2

Companies update business strategies continuously as internal and external environments change.

Accepted Answer

A) True 
 B)False

Question 3

Which data types are typically found in the Operations Management department?

Accepted Answer

A)   Manufacturing data,distribution data,and production data
B)   Sales data,customer data,commission data,and customer support data
C)   Employee data,promotion data,vacation data
D)   Investment data,monetary data,reporting dataE) B) and C)
F) A) and D)

Question 4

The actual hamburger is included in which category of making a hamburger?

Accepted Answer

A)   Input
B)   Process
C)   Output
D)   All of these choicesE) B) and C)
F) B) and D)

Question 5

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 6

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

Accepted Answer

A)   Partners/suppliers
B)   Shareholders/investors
C)   Community
D)   GovernmentE) None of the above
F) All of the above

Question 7

Shawn McGill is on the executive board for ABC pharmaceuticals.The company produces the number one selling cancer fighting drug on the market.Due to its incredible success,ABC pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill.Which force is ABC pharmaceutical using to increase its drug price?

Accepted Answer

A)   Supplier power
B)   Buyer power
C)   Threat of false entrants
D)   Business powerE) B) and C)
F) A) and B)

Question 8

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?

Accepted Answer

A)   Southwest,Horizon,Frontier,JetBlue
B)   British Airways,Singapore Airlines,Virgin Atlantic
C)   Sky Taxi - a rent by the hour personal plane service
D)   All of these choicesE) A) and D)
F) C) and D)

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents rivalry 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)   Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games.E) A) and D)
F) B) and C)

Question 11

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?

Accepted Answer

A)   Chief security officer (CSO) 
B)   Chief technology officer (CTO) 
C)   Chief data officer (CDO) 
D)   Chief privacy officer (CPO) E) A) and B)
F) B) and C)

Question 12

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

Question 13

What type of report is created based on data that does not change?

Accepted Answer

A)   Static report
B)   Dynamic report
C)   Variable report
D)   Structured reportE) All of the above
F) A) and D)

Question 14

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Accepted Answer

A) True 
 B)False

Question 15

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 processingE) A) and C)
F) C) and D)

Question 16

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 marketsE) A) and B)
F) A) and C)

Question 17

Cars,groceries,and clothing are all examples of goods.

Accepted Answer

A) True 
 B)False

Question 18

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

Question 19

Which of the following does not describe unstructured data?

Accepted Answer

A)   Does not follow a specified format
B)   A defined length,type,and format
C)   Free-form text
D)   Emails,Twitter tweets,and text messagesE) A) and B)
F) A) and C)

Question 20

Identifying competitive advantages can be difficult and explains why they are typically _______.

Accepted Answer

A)   temporary
B)   satisfactory
C)   terminated
D)   unsuccessfulE) C) and D)
F) A) and C)

Exam 1: Management Information Systems: Business Driven MIS

Correct Answer
verified

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

Correct Answer
verified

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

Correct Answer
verified

The actual hamburger is included in which category of making a hamburger?

Correct Answer
verified

Which of the following does not describe unstructured data?

Correct Answer
verified

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

Correct Answer
verified

Correct Answer
verified

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

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 rivalry in the soft drink industry?

Correct Answer
verified

Cars,groceries,and clothing are all examples of goods.

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

When analyzing Porter's Three Generic Strategies for entering a market,if you have a focused strategy what market should you target?

Correct Answer
verified

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

Correct Answer
verified

What type of report is created based on data that does not change?

Correct Answer
verified

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Correct Answer
verified

Which data types are typically found in the Operations Management department?

Correct Answer
verified

What is business intelligence?

Correct Answer
verified

Identifying competitive advantages can be difficult and explains why they are typically _______.

Correct Answer
verified

Companies update business strategies continuously as internal and external environments change.

Correct Answer
verified

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?

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

Correct AnswerverifiedShow Answer

The actual hamburger is included in which category of making a hamburger?

Correct AnswerverifiedShow Answer

Which of the following does not describe unstructured data?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

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

Correct AnswerverifiedShow Answer

Cars,groceries,and clothing are all examples of goods.

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

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

Which group of stakeholder's primary interests include maximizing profits,growing market share,and high return on investment?

Correct AnswerverifiedShow Answer

What type of report is created based on data that does not change?

Correct AnswerverifiedShow Answer

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Correct AnswerverifiedShow Answer

Which data types are typically found in the Operations Management department?

Correct AnswerverifiedShow Answer

What is business intelligence?

Correct AnswerverifiedShow Answer

Identifying competitive advantages can be difficult and explains why they are typically _______.

Correct AnswerverifiedShow Answer

Companies update business strategies continuously as internal and external environments change.

Correct AnswerverifiedShow Answer

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?

Correct AnswerverifiedShow Answer

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