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Exam 1: Management Information Systems: Business Driven MIS

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Question 101

Multiple Choice

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When analyzing the book store industry, some of today's businesses compete with different business strategies and cost strategies.Which of the following is using a broad market competitive scope along with a low cost strategy?

A) Amazon.com
B) any local independent books store that specializes in antique books
C) Barnes and Noble
D) your college bookstore

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

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Question 102

Multiple Choice

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Business intelligence is information collected from multiple sources.Which of the following provides an example of a source that would be included in business intelligence?

A) suppliers
B) customers
C) competitors
D) All of these are correct.

E) A) and B)
F) A) and C)

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Question 103

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In a SWOT analysis, strengths and weaknesses originate inside an organization, or internally.Opportunities and threats originate outside an organization, or externally, and cannot always be anticipated or controlled.

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

Who is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives?

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

The business decisions made by the accounting department include manufacturing data, distribution data, and production data.

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

A system is a collection of parts that link to achieve a common purpose.Systems thinking is a way of monitoring _____________.

Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

Which of the following demonstrates a company that has implemented a low cost, broad market strategy?

What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?

In a SWOT analysis, potential external opportunities are helpful when they identify all significant trends along with how the organization can benefit from each, including new markets, additional customer groups, legal changes, innovative technologies, population changes, competitor issues, and so on.

The business decisions made by the accounting department include transactional data, purchasing data, payroll data, and tax data.

Which of the following represents the core drivers of the information age?

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

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

Which of the following offers an example where Porter's five forces are mostly strong and competition is high?

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?

When applying Porter's three generic strategies, Tiffany and Co.has a competitive scope and cost strategy that is __________.