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Exam 2: Decisions Processes: Value Driven Business

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Question 91

True/False

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Source documents are simplified representation or abstraction of reality.

A) True
B) False

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Question 92

Multiple Choice

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Van Lines Inc.is a large corporation operating in all 50 states.Jim Poulos is the regional manager overseeing the western division,which includes Utah,Colorado,Idaho,Montana,Wyoming,and Nevada.Jim receives data from his managers in each state which he loads into his digital dashboard for analysis of his entire western division.What digital dashboard capability is Jim primarily using?

A) Drill-down
B) Slice-and-dice
C) Intelligent system
D) Consolidation

E) A) and B)
F) None of the above

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Question 93

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Which of the following is not included in the decision-making process?

What occurs in situations in which no procedures or rules exist to guide decision makers toward the correct choice?

What can a model accomplish?

MIS support systems rely on models for computational and analytical routines that mathematically express relationships among variables.

Granularity refers to the level of detail in the model or the decision-making process.

What is a common tool that is used to support visualizations and tracks KPIs and CSFs by compiling information from multiple sources?

What are the crucial steps companies perform to achieve their goals and objectives and implement their strategies?

The President and Vice-President of a company are typically found in the _______________ level of the business structure.

Business process modeling or ______________ is the activity of creating a detailed flowchart or process of a work process that shows its inputs,tasks,and activities in a structured sequence.

What types of business decisions would an EIS use AI for?

A business _____________ management system focuses on evaluating and improving processes that include both person-to-person workflow and system-to-system communications.

What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel,and baggage handling for an airline?

Which of the following explains why a company would implement a BPR strategy?

What type of process includes order processing,customer service processing,sales processing,customer billing processing,and order shipping processing?

An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables,subject to specified constraints.What can a manager determine by changing revenue and cost variables in an optimization analysis?

At the strategic decision-making level employees develop,control,and maintain core business activities.

What is the viewing of the physical world with computer-generated layers of information added to it?

Which of the below is considered the input in the systems thinking example of a DSS?