Question 1

Which activities belong in the finance department?

Accepted Answer

A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand. 
A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand.

Question 2

What is the name of a company's internal computer department?

Accepted Answer

A) Management information systems (MIS) 
B) Information systems (IS) 
C) Information technology (IT) 
D) All of these 
A) Management information systems (MIS) 
B) Information systems (IS) 
C) Information technology (IT) 
D) All of these

Question 3

What is the confirmation or validation of an event or object?

Accepted Answer

A) Fact 
B) Data 
C) Information technology 
D) Business Intelligence 
A) Fact 
B) Data 
C) Information technology 
D) Business Intelligence

Question 4

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

Accepted Answer

A) Information 
B) Business Intelligence 
C) Knowledge 
D) Variables 
A) Information 
B) Business Intelligence 
C) Knowledge 
D) Variables

Question 5

Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable.

Accepted Answer

A) True 
 B)False

Question 6

Which activities belong in the marketing department?

Accepted Answer

A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand. 
A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand.

Question 7

What type of report changes automatically during creation?

Accepted Answer

A) Static report 
B) Dynamic report 
C) Variable report 
D) Structured report 
A) Static report 
B) Dynamic report 
C) Variable report 
D) Structured report

Question 8

What is a view of data at a particular moment in time?

Accepted Answer

A) Knowledge 
B) Big data 
C) Snapshot 
D) Unstructured data 
A) Knowledge 
B) Big data 
C) Snapshot 
D) Unstructured data

Question 9

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 world 
A) Internet of things 
B) Predictive analytics 
C) Machine to machine 
D) Flat world

Question 10

The operations management department manages the process of converting or transforming resources into goods or services.

Accepted Answer

A) True 
 B)False

Question 11

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

Question 12

The business decisions made by the human resources department include employee data, promotion data, and vacation data.

Accepted Answer

A) True 
 B)False

Question 13

The business decisions made by the finance department include promotion data, sales data, and advertising data.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A) The dirty clothes, water, and detergent. 
B) The clean clothes. 
C) The wash and rinse cycle. 
D) The light indicating that the washer is off balance and has stopped. 
A) The dirty clothes, water, and detergent. 
B) The clean clothes. 
C) The wash and rinse cycle. 
D) The light indicating that the washer is off balance and has stopped.

Question 15

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) Data 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 create a person's intellectual resources. 
A) Raw facts that describe the characteristics of an event or object. 
B) Data converted into a meaningful and useful context. 
C) Data 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 create a person's intellectual resources.

Question 16

A big part of business intelligence, ___________ extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

A) Behavioral analytics 
B) Predictive analytics 
C) Knowledge workers 
D) Snapshot 
A) Behavioral analytics 
B) Predictive analytics 
C) Knowledge workers 
D) Snapshot

Question 17

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

Accepted Answer

A) The uncooked food. 
B) The cooked food. 
C) A light indicating that the oven has reached the preheated temperature. 
D) The oven running at 350 degrees for 20 minutes. 
A) The uncooked food. 
B) The cooked food. 
C) A light indicating that the oven has reached the preheated temperature. 
D) The oven running at 350 degrees for 20 minutes.

Question 18

Cars, groceries, and clothing belong in which category?

Accepted Answer

A) Goods 
B) Services 
C) Production 
D) Productivity 
A) Goods 
B) Services 
C) Production 
D) Productivity

Question 19

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?

Accepted Answer

A) Increase in productivity, decrease in profits. 
B) Increase in productivity, increase in profits. 
C) Decrease in productivity, decrease in profits. 
D) Decrease in productivity, increase in profits. 
A) Increase in productivity, decrease in profits. 
B) Increase in productivity, increase in profits. 
C) Decrease in productivity, decrease in profits. 
D) Decrease in productivity, increase in profits.

Question 20

Which of the following statements is true?

Accepted Answer

A) MIS equals business success. 
B) MIS equals business innovation. 
C) MIS represents business success and innovation. 
D) MIS enables business success and innovation. 
A) MIS equals business success. 
B) MIS equals business innovation. 
C) MIS represents business success and innovation. 
D) MIS enables business success and innovation.

Exam 1: Business Driven Technology

Which activities belong in the finance department?

What is the name of a company's internal computer department?

What is the confirmation or validation of an event or object?

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

Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable.

Which activities belong in the marketing department?

What type of report changes automatically during creation?

What is a view of data at a particular moment in time?

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

The operations management department manages the process of converting or transforming resources into goods or services.

Which four elements are included in systems thinking?

The business decisions made by the human resources department include employee data, promotion data, and vacation data.

The business decisions made by the finance department include promotion data, sales data, and advertising data.

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

What is information?

A big part of business intelligence, ___________ extracts information from data and uses it to predict future trends and identify behavioral patterns.

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

Cars, groceries, and clothing belong in which category?

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?

Which of the following statements is true?

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Information Databases

Accessing Organizational Information Data Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organization Decision Making

Extending the Organization Supply Chain Management

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

Filters