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MIS quiz 1 |Questions Solved 100% Correct| Verified Solutions

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MIS quiz 1 |Questions Solved 100%
Correct| Verified Solutions
Business Processes - ANSWER Activities companies perform to reach their business
goals (Marketing&Sales, Finance&Accounting, Manufacturing&Production, HR)


CS (computer science)
ECE (electrical computer engineering) - ANSWER Science
Engineering


Executive Info. System - ANSWER Long range, external events, staff/labor relations



Management Info. System - ANSWER Sales & financial forecasting, advertising &
product pricing


Transaction Processing System - ANSWER Accounts payable & receivable


What is Modeling?
Why Modeling? - ANSWER Creating a simplified version of reality.
To generate insight or improved understanding to make better decisions.



Mathematical Modeling - ANSWER Represent in math terms the relationship among
the variables of a problem.
IV&DV


Elements of an Influence Diagram - ANSWER Outputs - DV
Intermediate Variable

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