Question 1

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

Accepted Answer

A) True 
 B)False

Question 2

Mark Peterson identified the Porter's Five Forces Model,which analyzes the competitive forces within a business environment.

Accepted Answer

A) True 
 B)False

Question 3

Many CPOs are lawyers by training,enabling them to understand the often complex legal issues surrounding the use of information.

Accepted Answer

A) True 
 B)False

Question 4

Which four elements are included in systems thinking?

Accepted Answer

A)   Output,process,feedback,and accounting
B)   Process,output,operations,and accounting
C)   Input,process,output,and feedback
D)   Input,output,sales,and feedbackE) A) and D)
F) B) and D)

Question 5

When a company is the first to market with a competitive advantage,it gains a particular benefit known as competitive intelligence.

Accepted Answer

A) True 
 B)False

Question 6

What is a world where interconnected,Internet-enabled devices or "things" can collect and share data without human intervention?

Accepted Answer

A)   Internet of Things
B)   Predictive analytics
C)   Machine to machine
D)   Flat worldE) B) and C)
F) A) and D)

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Porter's Five Forces Model outlines the process for a sales strategy.

Accepted Answer

A) True 
 B)False

Question 9

Imagine you are creating a new product to sell in an up-and-coming market.Which of the below statements indicates that it would be difficult for you to enter this new market?

Accepted Answer

A)   The threat of new entrants' force is high in the up-and-coming market.
B)   The threat of new entrants' force is low in the up-and-coming market.
C)   The threat of new entrants' force is high during the summer months in the up-and-coming market.
D)   All of these choices,depending on the time of year.E) A) and B)
F) A) and D)

Question 10

Machine to machine (M2M)refers to devices that connect directly to other devices.

Accepted Answer

A) True 
 B)False

Question 11

Teaching,waiting tables,and cutting hair belong in which category?

Accepted Answer

A)   Goods
B)   Services
C)   Production
D)   ProductivityE) A) and B)
F) All of the above

Question 12

Define the six primary MIS-related strategic positions in an organization along with their associated responsibilities.

Accepted Answer

The chief information officer (CIO)is re...

Question 13

According to Porter,it is recommended to adopt only one of the Three Generic Strategies.

Accepted Answer

A) True 
 B)False

Question 14

What is information?

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 that creates a person's intellectual resourcesE) C) and D)
F) None of the above

Question 15

Which of the following is not a core driver of the information age?

Accepted Answer

A)   Information
B)   Knowledge
C)   Internet of Things
D)   DataE) All of the above
F) A) and B)

Question 16

What is a SWOT analysis?

Accepted Answer

A)   Evaluates an organization's strengths,weaknesses,opportunities,and threats to identify significant influences that work for or against business strategies
B)   Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry
C)   Views a firm as a series of business processes,each of which adds value to the product or service
D)   Generic business strategies that are neither organization nor industry specific and can be applied to any business,product,or serviceE) C) and D)
F) A) and D)

Question 17

Successful companies today operate cross-functionally,integrating the operations of all departments.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is not considered a category within the support value activities in a value chain analysis?

Accepted Answer

A)   Technology development
B)   Outbound logistics
C)   Human resource management
D)   Firm infrastructureE) All of the above
F) B) and C)

Question 19

What does a SWOT analysis do?

Accepted Answer

A)   Evaluates an organizations strengths,weaknesses,objectives,and threats
B)   Evaluates an organization's strengths,weaknesses,opportunities,and threats
C)   Evaluates an organization's supporters,weaknesses,opportunities,and technology
D)   Evaluates an organization's systems,warehouses,outputs,and technologyE) B) and D)
F) A) and B)

Question 20

Most CTOs do not possess a well-rounded knowledge of all aspects of MIS,such as hardware,software,and telecommunications.

Accepted Answer

A) True 
 B)False

Exam 1: Management Information Systems: Business Driven MIS

Which of the following is not a core driver of the information age?

Correct AnswerverifiedShow Answer

Many CPOs are lawyers by training,enabling them to understand the often complex legal issues surrounding the use of information.

Correct AnswerverifiedShow Answer

Porter's Five Forces Model outlines the process for a sales strategy.

Correct AnswerverifiedShow Answer

Imagine you are creating a new product to sell in an up-and-coming market.Which of the below statements indicates that it would be difficult for you to enter this new market?

Correct AnswerverifiedShow Answer

Teaching,waiting tables,and cutting hair belong in which category?

Correct AnswerverifiedShow Answer

When a company is the first to market with a competitive advantage,it gains a particular benefit known as competitive intelligence.

Correct AnswerverifiedShow Answer

Mark Peterson identified the Porter's Five Forces Model,which analyzes the competitive forces within a business environment.

Correct AnswerverifiedShow Answer

What is information?

Correct AnswerverifiedShow Answer

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

Correct AnswerverifiedShow Answer

Which four elements are included in systems thinking?

Correct AnswerverifiedShow Answer

Which of the following is not considered a category within the support value activities in a value chain analysis?

Correct AnswerverifiedShow Answer

What is a world where interconnected,Internet-enabled devices or "things" can collect and share data without human intervention?

Correct AnswerverifiedShow Answer

According to Porter,it is recommended to adopt only one of the Three Generic Strategies.

Correct AnswerverifiedShow Answer

Machine to machine (M2M)refers to devices that connect directly to other devices.

Correct AnswerverifiedShow Answer

Define the six primary MIS-related strategic positions in an organization along with their associated responsibilities.

Correct AnswerverifiedThe chief information officer (CIO)is re...View AnswerShow Answer

What does a SWOT analysis do?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is a SWOT analysis?

Correct AnswerverifiedShow Answer

Successful companies today operate cross-functionally,integrating the operations of all departments.

Correct AnswerverifiedShow Answer

Most CTOs do not possess a well-rounded knowledge of all aspects of MIS,such as hardware,software,and telecommunications.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The chief information officer (CIO)is re...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified