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MBA LSUS 703 Exam 2 Pt2 Wk 5 – Questions With Approved Solutions

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MBA LSUS 703 Exam 2 Pt2 Wk 5 – Questions With Approved Solutions

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August 24, 2025
Number of pages
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Written in
2025/2026
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MBA LSUS 703 Exam 2 Pt2 Wk 5 – Questions With
Approved Solutions

A problem of choice among several alternatives, constructing the alternatives
Correct Answer - decision making

intuitive strategies that help us in reducing the cognitive load, at the expense
of optimal decision making Correct Answer - judgmental heuristics

experts are liable to _____ Correct Answer - bias

the process of decomposing and formalizing a problem is often called
Correct Answer - modeling

a measure of preferences over decision objectives
available decision options
measure of uncertainty over variables influencing the decision and outcomes
Correct Answer - variable in decision-making model

interactive computer based systems that aid users in judgment and choice
activities Correct Answer - decision support systems

typically used for strategic and tactical decisions faced by upper-level
management- decisions with a reasonably low frequency and high potential
consequences Correct Answer - decision support systems

data bank, stores large quantities of data that are relevant, provides logical
data structures, separates the users from the physical aspects of the database
structure and processing Correct Answer - database management
system

analogous, provides independence between specific models that are used in a
DSS from the applications that use them, transforms data into information
that is useful, assists in model building Correct Answer - model-based
management system

, insight, equipped with intuitive and easy to use interfaces, aid in model
building, enhances the ability of the system user to utilize and benefit from the
DSS Correct Answer - dialog generation and management system

computer programs based on rules elicited from human domain experts that
imitate reasoning of a human expert in a given domain Correct Answer -
expert systems

assume most reliable method of decisions through small set of normatively
sound principles on how decisions are made Correct Answer -
heuristics/ad hoc

describes a method of software development which heavily emphasizes rapid
prototyping and iterative delivery Correct Answer - Rapid application
development (RAD)

one of the most popular and powerful development methods which falls
under the parental category of agile development techniques Correct
Answer - RAD

Biggest advantage of _____ _____ _________ is its inherent synergy with the
requirements of the medium itself: software Correct Answer - rapid
application development

initial stage designers, developers, and users come to a rough agreement on
project scope and application requirements so that future stages with
prototyping can begin Correct Answer - planning requirements

user feedback is gathered with heavy emphasis on determining the system
architecture. Allows initial modeling and prototyping to be created. Repeated
as often as necessary as the project evolves Correct Answer - user design

where most of the actual application coding, testing and integrating takes
place, repeated as often as necessary Correct Answer - rapid
construction

allows the development team time to move components to a live production
environment, any necessary full-scale testing or team training can take place
Correct Answer - cutover

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