Question 1

A SWOT analysis evaluates an organization's strengths, weaknesses, objectives, and threats.

Accepted Answer

A) True 
 B)False

Question 2

Which of the below represents procurement as part of the support value activities in a value chain analysis?

Accepted Answer

A)  Purchases inputs such as raw materials, resources, equipment and supplies.
B)  Applies MIS to processes to add value.
C)  Distributes goods and services to customers.
D)  Promotes, prices, and sells products to customers.E) None of the above
F) C) and D)

Question 3

The chief knowledge officer is responsible for collecting, maintaining, and distributing company knowledge.

Accepted Answer

A) True 
 B)False

Question 4

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

Accepted Answer

A) True 
 B)False

Question 5

What is predictive analytics?

Accepted Answer

A)  A world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.
B)  Techniques that extract information from data and use it to predict future trends and identify behavioral patterns.
C)  Refers to devices that connect directly to other devices.
D)  Opportunities to change the way people purchase books.E) A) and B)
F) C) and D)

Question 6

The chief security officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

Accepted Answer

A) True 
 B)False

Question 7

Knowledge assets, also called intellectual capital, are the human, structural, and recorded resources available to the organization.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following analyzes a company's business processes and is useful for determining how to create the greatest possible value for customers?

Accepted Answer

A)  Product analysis.
B)  Primary supplier power.
C)  Value chain analysis.
D)  Buyer chain analysis.E) None of the above
F) B) and D)

Question 9

The business decisions made by the marketing department include promotional data, sales data, and advertising data.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements is correct when considering a SWOT analysis?

Accepted Answer

A)  Strengths and weaknesses originate inside an organization.
B)  Opportunities and threats originate inside an organization.
C)  Strengths and threats originate inside an organization.
D)  Opportunities and weaknesses organization outside an organization.E) B) and C)
F) All of the above

Question 11

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

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 minutes.E) A) and D)
F) B) and C)

Question 12

Describe the information age and the differences between data, information, business intelligence, and knowledge.

Accepted Answer

We live in the information age, when inf...

Question 13

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 leadership.E) None of the above
F) All of the above

Question 14

The department within a company that records, measures, and reports monetary transactions is called ________.

Accepted Answer

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

Question 15

The chief security officer (CSO)is responsible for ensuring the security of MIS systems and developing strategies and MIS safeguards against attacks from hackers and viruses.

Accepted Answer

A) True 
 B)False

Question 16

The department within a company that performs the function of selling goods or services is called ________.

Accepted Answer

A)  Marketing.
B)  Sales.
C)  Finance.
D)  Operations Management.E) B) and D)
F) None of the above

Question 17

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 the community?

Accepted Answer

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

Question 18

Which of the following are included as potential external weaknesses in a SWOT analysis that are harmful to an organization?

Accepted Answer

A)  Core competencies, market leaders, cost advantages, excellent management.
B)  Lack of strategic direction, obsolete technologies, lack of managerial talent, outdated, product line.
C)  Expanded product line, increase in demand, new markets, new regulations.
D)  New entrants, substitute products, shrinking markets, costly regulatory, requirements.E) B) and C)
F) None of the above

Question 19

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

Accepted Answer

A)  Human Resources.
B)  Sales.
C)  Employee Resources.
D)  Employee Relations.E) A) and B)
F) None of the above

Question 20

Who is responsible for ensuring the speed, accuracy, availability, and reliability of the MIS?

Accepted Answer

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

Exam 1: Management Information Systems: Business Driven MIS

The chief knowledge officer is responsible for collecting, maintaining, and distributing company knowledge.

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 the community?

Correct AnswerverifiedShow Answer

Knowledge assets, also called intellectual capital, are the human, structural, and recorded resources available to the organization.

Correct AnswerverifiedShow Answer

Which of the following statements is correct when considering a SWOT analysis?

Correct AnswerverifiedShow Answer

What is predictive analytics?

Correct AnswerverifiedShow Answer

The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

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

A SWOT analysis evaluates an organization's strengths, weaknesses, objectives, and threats.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Describe the information age and the differences between data, information, business intelligence, and knowledge.

Correct AnswerverifiedWe live in the information age, when inf...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

Which of the below represents procurement as part of the support value activities in a value chain analysis?

Correct AnswerverifiedShow Answer

The department within a company that performs the function of selling goods or services is called ________.

Correct AnswerverifiedShow Answer

The chief security officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

Correct AnswerverifiedShow Answer

Which of the following are included as potential external weaknesses in a SWOT analysis that are harmful to an organization?

Correct AnswerverifiedShow Answer

The department within a company that records, measures, and reports monetary transactions is called ________.

Correct AnswerverifiedShow Answer

Which of the following analyzes a company's business processes and is useful for determining how to create the greatest possible value for customers?

Correct AnswerverifiedShow Answer

Who is responsible for ensuring the speed, accuracy, availability, and reliability of the MIS?

Correct AnswerverifiedShow Answer

The business decisions made by the marketing department include promotional data, sales data, and advertising data.

Correct AnswerverifiedShow Answer

The chief security officer (CSO)is responsible for ensuring the security of MIS systems and developing strategies and MIS safeguards against attacks from hackers and viruses.

Correct AnswerverifiedShow Answer

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We live in the information age, when inf...
View Answer

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