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K201: MIS EXAM 1 QUESTIONS WITH ACCURATE ANSWERS

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3 sets collaboration tools: correct answer Minimal Good Comprehensive 6 problem solving steps correct answer 1. A problem-solving group needs to develop a shared definition of the problem through research, discussion and compromise. 2. Identifying possible solutions may involve investigative research and brainstorming. 3. Determine criteria for evaluating alternatives 4. Evaluating alternatives involves comparing test results to identify feasible, superior or acceptable solutions. 5. Selecting a solution may be based on majority vote, consensus, or compromise. 6. Implementing selected solution includes monitoring and modifying the chosen solution as needed. Accounting correct answer a way for a business to track their finances through who owes them money, revenue, profits, etc. accounting correct answer planning, recording, analyzing, and interpreting financial information accounts payable correct answer who the business owes money to

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K201: MIS EXAM 1 QUESTIONS WITH ACCURATE
ANSWERS
3 sets collaboration tools: correct answer Minimal
Good
Comprehensive


6 problem solving steps correct answer 1. A problem-solving group needs to
develop a shared definition of the problem through research, discussion and
compromise.
2. Identifying possible solutions may involve investigative research and
brainstorming.
3. Determine criteria for evaluating alternatives
4. Evaluating alternatives involves comparing test results to identify feasible,
superior or acceptable solutions.
5. Selecting a solution may be based on majority vote, consensus, or compromise.
6. Implementing selected solution includes monitoring and modifying the chosen
solution as needed.


Accounting correct answer a way for a business to track their finances through
who owes them money, revenue, profits, etc.


accounting correct answer planning, recording, analyzing, and interpreting
financial information


accounts payable correct answer who the business owes money to

,accounts receivable correct answer who owes a business money


Advantages of SQL: correct answer an international standard
provided with most relational DBMSs
Has easy-to-remember, intuitive commands


affiliate program correct answer an example of an associate that uses another
way to sell items
ex: amazon selling other people's products on their website


alliance correct answer two or more companies combining services
-makes product more attractive, reduces costs, and provides one-stop shopping


alternatives for sharing content correct answer No control
Version management
Version Control


B2B- business to business correct answer trading takes place between businesses
consumers of the final goods and services are not involved


B2C- business to consumer correct answer more visible to the general public.
takes place by using a business's online source to shop or pay bills.
etailing- shopping on the web for any item you want

, Banners correct answer images placed on a website that tik to the site of the
company selling the product or service


big data correct answer a massive volume of both structured and unstructured
data that is so large it is difficult to process using traditional database and
software techniques. Can slow a system down


Bill of Materials (BOM) correct answer list of all raw materials and sub component
demands to produce a product


binary systems correct answer only use the numbers 0 and 1


biometrics correct answer a computer programming system. Can be used for
spying.


blog correct answer a web page that invites surfers to post opinions and artistic
work as well as links to sites of interest


brick and mortar correct answer traditional businesses who have an actual store
to sell items to the public and often add on an online market


C2C-consumer to consumer correct answer what is refereed to as an auction site


cash management systems (CMS) correct answer systems that deal specifically
with cash


character correct answer smallest piece of data- a single letter or a digit

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