Question 1

Which of the following is a common approach to closing an MIS skills gap?

Accepted Answer

A)   Social recruiting
B)   Off-site training
C)   Mentoring services
D)   All of these choicesE) A) and B)
F) A) and C)

Question 2

When evaluating the value chain,all of the following are included in the primary value activities except _________.

Accepted Answer

A)   inbound activities
B)   operations
C)   service
D)   MIS developmentE) None of the above
F) B) and C)

Question 3

The Marketing department supports sales by planning,pricing,and promoting goods or services.

Accepted Answer

A) True 
 B)False

Question 4

Jason Charney is the CIO of Zapp Industries.Which of the following does not describe his primary responsibilities?

Accepted Answer

A)   Manage and defend intellectual property,copyrights and patents
B)   Oversee all the uses of information technology
C)   Ensure the strategic alignment of MIS with business goals and objectives
D)   Have tremendous insight into the capabilities of MISE) B) and C)
F) None of the above

Question 5

Which data types are typically found in the Human Resources department?

Accepted Answer

A)   Promotion data,sales data,advertising data
B)   Employee data,promotion data,vacation data
C)   Investment data,monetary data,reporting data
D)   Transactional data,purchasing data,payroll data,tax dataE) A) and B)
F) C) and D)

Question 6

Sandy Fiero works as the chief knowledge officer for Bend Lumbar Company.She has been given the responsibility to create a product or service that will bring an added value to its customers to increase the company's revenue.Sandy determines that the best value she can add is by creating a service that offers free next day shipping on any order over $50.Where in the value chain is Sandy adding value?

Accepted Answer

A)   The primary value activity outbound logistics
B)   The primary value activity inbound logistics
C)   The primary value activity marketing and sales
D)   The primary value activity operationsE) C) and D)
F) A) and D)

Question 7

Which of the following offers an example where Porter's Five Forces are mostly weak and competition is low?

Accepted Answer

A)   An international hotel chain purchasing milk
B)   A coffee shop
C)   A single consumer purchasing milk
D)   A dog walking businessE) C) and D)
F) B) and D)

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 contractsE) A) and C)
F) C) and D)

Question 9

Porter identified Three Generic Strategies that a business could follow after identifying a market it wanted to enter.Which of the following is not included as one of Porter's Three Generic Strategies?

Accepted Answer

A)   Broad differentiation
B)   Supplier cost differentiation
C)   Focused strategy
D)   Broad cost leadershipE) A) and B)
F) All of the above

Question 10

The process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed is the definition of ___________.

Accepted Answer

A)   feedback
B)   information
C)   competitive intelligence
D)   dataE) None of the above
F) All of the above

Question 11

If you were thinking about an oven as a system which of the following represents the process?

Accepted Answer

A)   The uncooked food
B)   The cooked food
C)   A light indicating that the oven has reached the preheated temperature
D)   The oven running at 350 degrees for 20 minutesE) A) and B)
F) B) and C)

Question 12

Which of the following is considered data?

Accepted Answer

A)   Quantity sold
B)   Best customer by month
C)   Best-selling item by month
D)   Worst-selling item by monthE) A) and D)
F) B) and C)

Question 13

Which of the following represents the types of data commonly found in the Marketing department?

Accepted Answer

A)   Promotional data
B)   Payroll data
C)   Tax data
D)   Employee dataE) None of the above
F) All of the above

Question 14

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 strategistE) All of the above
F) C) 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 choiceE) B) and D)
F) A) and D)

Question 16

What is rivalry among existing competitors?

Accepted Answer

A)   The ability of buyers to affect the price they must pay for an item
B)   The suppliers' ability to influence the prices they charge for supplies (including materials,labor,and services) 
C)   High when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market
D)   High when competition is fierce in a market and low when competitors are more complacentE) A) and D)
F) None of the above

Question 17

Goods are material items or products that customer's will buy to satisfy a want or need.

Accepted Answer

A) True 
 B)False

Question 18

What type of report can include a sales report from last year or salary report from five years ago?

Accepted Answer

A)   Static report
B)   Dynamic report
C)   Variable report
D)   Structured reportE) A) and B)
F) A) and C)

Question 19

Business intelligence 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) True 
 B)False

Question 20

If a supplier has high power what can it do to influence its industry?

Accepted Answer

A)   Charge higher prices
B)   Shift costs to industry participants
C)   Limit quality or services
D)   All of these choicesE) A) and D)
F) B) and D)

Exam 1: Management Information Systems: Business Driven MIS

Which of the following is considered data?

Correct Answer
verified

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 Answer
verified

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

Correct Answer
verified

The Marketing department supports sales by planning,pricing,and promoting goods or services.

Correct Answer
verified

What is rivalry among existing competitors?

Correct Answer
verified

Which of the following is a common approach to closing an MIS skills gap?

Correct Answer
verified

Porter identified Three Generic Strategies that a business could follow after identifying a market it wanted to enter.Which of the following is not included as one of Porter's Three Generic Strategies?

Correct Answer
verified

If a supplier has high power what can it do to influence its industry?

Correct Answer
verified

When evaluating the value chain,all of the following are included in the primary value activities except _________.

Correct Answer
verified

Which data types are typically found in the Human Resources department?

Correct Answer
verified

Jason Charney is the CIO of Zapp Industries.Which of the following does not describe his primary responsibilities?

Correct Answer
verified

Goods are material items or products that customer's will buy to satisfy a want or need.

Correct Answer
verified

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 Answer
verified

What type of report can include a sales report from last year or salary report from five years ago?

Correct Answer
verified

Correct Answer
verified

Which of the following offers an example where Porter's Five Forces are mostly weak and competition is low?

Correct Answer
verified

The process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed is the definition of ___________.

Correct Answer
verified

Business intelligence 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

If you were thinking about an oven as a system which of the following represents the process?

Correct Answer
verified

Which of the following represents the types of data commonly found in the Marketing department?

Correct Answer
verified

Exam 1: Management Information Systems: Business Driven MIS

Which of the following is considered data?

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

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

Correct AnswerverifiedShow Answer

The Marketing department supports sales by planning,pricing,and promoting goods or services.

Correct AnswerverifiedShow Answer

What is rivalry among existing competitors?

Correct AnswerverifiedShow Answer

Which of the following is a common approach to closing an MIS skills gap?

Correct AnswerverifiedShow Answer

Porter identified Three Generic Strategies that a business could follow after identifying a market it wanted to enter.Which of the following is not included as one of Porter's Three Generic Strategies?

Correct AnswerverifiedShow Answer

If a supplier has high power what can it do to influence its industry?

Correct AnswerverifiedShow Answer

When evaluating the value chain,all of the following are included in the primary value activities except _________.

Correct AnswerverifiedShow Answer

Which data types are typically found in the Human Resources department?

Correct AnswerverifiedShow Answer

Jason Charney is the CIO of Zapp Industries.Which of the following does not describe his primary responsibilities?

Correct AnswerverifiedShow Answer

Goods are material items or products that customer's will buy to satisfy a want or need.

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

What type of report can include a sales report from last year or salary report from five years ago?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following offers an example where Porter's Five Forces are mostly weak and competition is low?

Correct AnswerverifiedShow Answer

The process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed is the definition of ___________.

Correct AnswerverifiedShow Answer

Business intelligence 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

If you were thinking about an oven as a system which of the following represents the process?

Correct AnswerverifiedShow Answer

Which of the following represents the types of data commonly found in the Marketing department?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
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Correct Answer
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