Qmb 3602 Exam 2 Ucf Expected Questions With Verified Answers

QMB 3602 Exam 2 UCF EXPECTED QUESTIONS WITH
VERIFIED ANSWERS

Question 1.
Management Dilemma

ANSWER
What are the symptoms that are causing management to investigate an issue?



Question 2.
Management Question

ANSWER
How can management eliminate the symptoms or capitalize on the opportunity?



Question 3.
Research Question

ANSWER
- Questions that explore the various options
- These also form the hypotheses that best states the objective of the research



Question 4.
Investigative Question

ANSWER
- Represents the information that the decision maker needs to know
- Ex: what is the publics opinion on a product?



Question 5.
Measurement Question

ANSWER
- Questions that participants in the research are asked/what is observed in the research
- These questions are the actual data






,Question 6.
Types of Management Questions:

ANSWER
1. Evaluation of Solutions
2. Choice of Purpose
3. Troubleshooting
4. Control



Question 7.
What type of management question is this:

How can we achieve the objectives we have set?

ANSWER
- Evaluation of solutions



Question 8.
What type of management question is this:

What do we want to achieve?

ANSWER
- Choice of purpose



Question 9.
What type of management question is this:
Why is our program not meeting its goals?

ANSWER
- Troubleshooting



Question 10.
What type of management question is this:
How well is our program meeting its goals?

ANSWER
- Control






, Question 11.
Exploration

ANSWER
loosely defined research with a clear purpose



Question 12.
Tertiary Source

ANSWER
an interpretation of a secondary source



Question 13.
Literature Search

ANSWER
a review of literature related to a management dilemma



Question 14.
Books and journals are _________ sources

ANSWER
published



Question 15.
raw data, dictionaries, and handbooks are _________ sources

ANSWER
external



Question 16.
Data warehouse typically store large amounts of ________ data

ANSWER
internal