Exam 20: Careers in Business

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_____ summarize and aggregate information in multiple dimensions or perspectives,giving end users the ability to "slice and dice" their way through the information to see patterns,identify problems,and identify competitive advantage opportunities.

(Short Answer)
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Which of the following technologies underlies most hospitality applications?

(Multiple Choice)
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Which of the following production and operation management jobs is responsible for determining human resource allocations within a manufacturing environment?

(Multiple Choice)
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The study of finance draws heavily from three different academic disciplines: HR,marketing,and operations.

(True/False)
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Accountants are responsible for the security of the assets of a company,thus they should be familiar with _____ to guard the company's information.

(Short Answer)
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Managers create decentralized databases relating to customers and the nature of contacts.

(True/False)
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Which IT system allows accountants to quickly build ad hoc reports and make structural changes in the organizational data?

(Multiple Choice)
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In the hospitality and tourism field,the general manager is responsible for accounting and the financial aspects of the operation.

(True/False)
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_____ allows marketing professionals to explore a variety of "what if" scenarios for a given situation or campaign.

(Multiple Choice)
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Which of the following systems allows managers to analyze and interpret information,model the business under different scenarios,and make informed and timely decisions?

(Multiple Choice)
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Which IT tool allows the financial professional to forecast future cash flows and evaluate changes in assumptions?

(Multiple Choice)
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A(n)_____ is responsible for overseeing the use of information as an important organizational resource.

(Short Answer)
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SCM allows a production and operations manager to understand the operations of a business from beginning to end and to optimally model those operations.

(True/False)
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In real estate and construction management,a _____ may acquire land for new development or older properties for redevelopment.He/she also assists the company in these endeavors as a part of the development team.

(Multiple Choice)
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Marketing professionals use statistical and data-mining tools to better understand consumer buying behaviors and make decision regarding target marketing.

(True/False)
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Automated Valuation System (AVS)uses statistical and other analyses to automate the loan underwriting process,loan origination,collateral scoring,and appraisal.

(True/False)
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In the area of finance,a security analyst focuses on computer security.

(True/False)
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_____ accounting is working within a company to manage investor relations,banking relations,daily financial affairs,and plan new products or services.

(Short Answer)
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The _____ is responsible for controlling the cash needs of the corporation.

(Multiple Choice)
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In the hospitality and tourism area,the director of _____ would use time and attendance systems.

(Short Answer)
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