BIS-245 FINAL (LATEST UPDATE 2026-
2027) REAL QUESTIONS AND VERIFIED
ANSWERS 100% CORRECT ALREADY
GRADE A
The terms used in a fuzzy logic system to describe imprecise states or conditions are
referred to as - correct answer membership functions
True or False: Expertise is thought to be the collective and individual experience of
applying knowledge to the solution of problems. - correct answer False
Which of the following statements best describes the business value of improved
decision making? - correct answer Improved decision making results in a large
monetary value for the firm as numerous small daily decisions affecting efficiency,
production, costs, and more add up to large annual values.
Which type of decision is deciding whether to introduce a new product line? - correct
answer unstructured
Which of the following is not one of the Simon's four stages of decision making? -
correct answer analysis
According to Mintzberg, managers in their informational role act as - correct answer
nerve centers of the organization.
, BIS-245 FINAL (LATEST UPDATE 2026-
2027) REAL QUESTIONS AND VERIFIED
ANSWERS 100% CORRECT ALREADY
GRADE A
The concept of management ________ describes situations in which managers act on
preconceived notions that reject information that does not conform to their prior
conceptions. - correct answer filters
What standards are referred to when discussing universal standards as a unique
feature of e-commerce? - correct answer common spoken and written languages
The effort required to locate a suitable product is called - correct answer search costs
Reducing the business process layers in a distribution channel is called - correct
answer disintermediation
What is the primary benefit to consumers of disintermediation? - correct answer
lower costs
eBay is an example of - correct answer C2C e-commerce.
Market creators - correct answer provide a digital environment where buyers and
sellers can establish prices for products.
Content providers use ________ systems to process large amounts of very small
monetary transactions cost-effectively. - correct answer micropayment
2027) REAL QUESTIONS AND VERIFIED
ANSWERS 100% CORRECT ALREADY
GRADE A
The terms used in a fuzzy logic system to describe imprecise states or conditions are
referred to as - correct answer membership functions
True or False: Expertise is thought to be the collective and individual experience of
applying knowledge to the solution of problems. - correct answer False
Which of the following statements best describes the business value of improved
decision making? - correct answer Improved decision making results in a large
monetary value for the firm as numerous small daily decisions affecting efficiency,
production, costs, and more add up to large annual values.
Which type of decision is deciding whether to introduce a new product line? - correct
answer unstructured
Which of the following is not one of the Simon's four stages of decision making? -
correct answer analysis
According to Mintzberg, managers in their informational role act as - correct answer
nerve centers of the organization.
, BIS-245 FINAL (LATEST UPDATE 2026-
2027) REAL QUESTIONS AND VERIFIED
ANSWERS 100% CORRECT ALREADY
GRADE A
The concept of management ________ describes situations in which managers act on
preconceived notions that reject information that does not conform to their prior
conceptions. - correct answer filters
What standards are referred to when discussing universal standards as a unique
feature of e-commerce? - correct answer common spoken and written languages
The effort required to locate a suitable product is called - correct answer search costs
Reducing the business process layers in a distribution channel is called - correct
answer disintermediation
What is the primary benefit to consumers of disintermediation? - correct answer
lower costs
eBay is an example of - correct answer C2C e-commerce.
Market creators - correct answer provide a digital environment where buyers and
sellers can establish prices for products.
Content providers use ________ systems to process large amounts of very small
monetary transactions cost-effectively. - correct answer micropayment
