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Exam 1: Management Information Systems: Business Driven MIS

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Question 91

True/False

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According to Porter it is recommended to adopt only one of the three generic strategies.

A) True
B) False

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Question 92

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Decreasing customer loyalty,increasing costs,and decreasing sales are all examples of business strategies.

A) True
B) False

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Question 93

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

Technology provides countless business opportunities,but can also lead to pitfalls and traps for a business.

Enter high or low in the blank: Rivalry among existing competitors is __________ when competition is fierce in a market and low when competitors are more complacent.

Jeremy Bridges is an executive for Green Web Designs,where his primary role is to ensure the security of business systems and develop strategies to protect the company from online viruses and hackers.What is Jeremy's role within the company?

Jennifer Bloom is writing a paper and she must determine which of Porter's three generic strategies The Museum Company has implemented.Jennifer finds out that The Museum Company offers specialty products found only in museums around the world to affluent customers.What would Jennifer determine The Museum Company is using as its generic strategy?

Cooking a patty and putting the ingredients together are included in which category of making a hamburger?

The __________ chain consists of all parties involved,directly or indirectly,in obtaining raw materials or a product.

Companies are organized by departments.The __________ department is responsible for maintaining records,measures,and reports monetary transactions.

___________ value activities are found along the top of the value chain and include business processes,such as firm infrastructure,human resource management,technology development,and procurement that support the primary value activities.

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

The chief technology officer is responsible for ensuring the speed,accuracy,availability,and reliability for MIS.

Identifying competitive advantages can be difficult and explains why they are typically ______.

Inbound logistics and operations are part of the support value activities.

To combat business challenges leaders communicate and execute business strategies from the Greek word stratus for army and ago for leading.

Greg works for Geneva Steel Corporation.Greg's duties include managing the overall processes for the company and transforming the steel resources into goods.Which department would Greg most likely work in?

Which of the following is considered information?

Demonstrate how a company can add value by using Porter's value chain analysis.

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 stands for?