QUESTION 1 Wisdom involves using consultants Reviewing data formal education Usi

Question

QUESTION 1

Wisdom involves

using consultants

Reviewing data

formal education

Using knowledge for the greater good

2 points   

QUESTION 2

Information systems enable users to ____________.

Connect and process data to help with management decision making

Store data

Retrieve Information swiftly

Identify wisdom

2 points   

QUESTION 3

A set of coordinated activities that lead to a specific goal or outcome is known as:

Rules and regulations

Vision

Business Process

Goals and Objectives

2 points   

QUESTION 4

An open system is a system that ______________.

Interacts with its environment

does not need an input

does the forecasting

transparent

2 points   

QUESTION 5

__________ refers to the structured, electronic transmission of data between organizations.

electronic funds transfer

data sharing

extensible markup language

electronic data interchange

2 points   

QUESTION 6

Today organizations need a(n) ________________, which is specifically meant to provide them with competitive advantages

competitive goals

strategic information system

MIS

work force

2 points   

QUESTION 7

The first step of the strategic planning process, which clearly identifies what the mission of the organization is, is often referred to as what?

vision

goals

“Know How You Are Going To Get There”

know who you are

2 points   

QUESTION 8

Porter identified two major ways to create competitive advantages in the value chain. They are:

increase cost

create lower quality products

lower the cost of an activity, add value to the final product

increase marketing

2 points   

QUESTION 9

Ranking initiatives, or eliminating them, can be accomplished using the following tools:

Critical success factors, priority matrix

hire experts

improve the inputs

information system

2 points   

QUESTION 10

Which of the following is not a quadrant in the Priority Matrix?

imperatives

dos & don'ts

stay away

wins

2 points   

QUESTION 11

Information and decision making are inextricably __________ .

separated

simple

complicated

linked

A.

using consultants

B.

Reviewing data

C.

formal education

D.

Using knowledge for the greater good

Explanation / Answer

1) (d) Using knowledge for the greater good.

2) (a) Connect and process data to help with management decision making.

3) (c) Business process.

4) (A) interacts with its environment.

5) (d) electronic data interchange.

6) (A) competitive goals.

7) (D) know who you are.

8) (C) and (D)

9) . 10) not sure

11) (D) linked

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