Management information systems exam 1 with correct answers

Management information systems exam
1 with correct answers



Analytics - CORRECT ANSWERS-the science of fact-based decision making.

Automation - CORRECT ANSWERS-is the process of computerizing manual tasks.

Business Intelligence - CORRECT ANSWERS-Information collected from multiple
sources such as suppliers customers, competitors and industries that analyze patterns
trends and relationships for strategic decision making.

Buyer Power - CORRECT ANSWERS-The power of customers to drive down prices.

Chief Information Officer - CORRECT ANSWERS-Responsible for (1) overseeing all
uses of MIS and (2) ensuring that MIS strategically aligns with business goals and
objectives.

Chief Knowledge Officer - CORRECT ANSWERS-Responsible for Collecting,
maintaining and distributing company knowledge.

Chief Privacy Officer - CORRECT ANSWERS-Responsible for ensuring the ethical and
legal use of information within a company.

Chief Security Officer - CORRECT ANSWERS-Responsible for ensuring the security of
business systems and developing strategies and safeguards against attacks by hackers
and viruses.

Chief Technology Officer - CORRECT ANSWERS-Responsible for ensuring the speed
accuracy availability and reliability of the MIS.

collaboration system - CORRECT ANSWERS-set of tools that supports the work of
teams or groups by facilitating the sharing and flow of information.

Critical Success Factors - CORRECT ANSWERS-The crucial steps companies make to
perform to achieve their goals and objectives and implement strategies