WGU C 724 Information system Management
Actual Exam Questions and Verified Answers |
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Executive information system
CORRECT ANSWER:
A system that facilitates and supports senior managerial decisions.
Data
CORRECT ANSWER:
Unorganized data that lacks meaning.
Information
CORRECT ANSWER:
Data that has been organized in a meaningful manner.
Information system
CORRECT ANSWER:
An integrated network of components working together to convert
data into useful information; includes an input, a process, and an
output; comprised of people, processes, machines, and information
technology.
Knowledge
CORRECT ANSWER:
,The practical application of information.
Data, Information, and Knowledge example
CORRECT ANSWER:
Data: The number of people below the poverty line in the region is
50,000.
Information: The number of people below the poverty line increases
between 2010 and 2018.
Knowledge: The number of people below the poverty line has
increased due to stagnating wages and cuts to social programs.
Decision support system
CORRECT ANSWER:
This system uses models and statistical analysis to help decision
makers solve problems
Management information system (MIS)
CORRECT ANSWER:
Provides timely and accurate information that enables managers to
manage their departments more efficiently; analyzes performance.
Transaction processing system
CORRECT ANSWER:
information system used for processing patient admissions,
employee time cards, and purchase orders
Information management
CORRECT ANSWER:
The management of organizational processes and systems; helps
the organization reduce costs and adds value to products; helps the
,organization make better managerial decisions; stores and
processes data.
Information technology
CORRECT ANSWER:
The use of computer and telecommunications systems for storing,
retrieving, and sending information; comprised of hardware,
software, data, and networks.
information technology management
CORRECT ANSWER:
the management of hardware, software, data, networks, and people
that facilitate access to information and allow the organization to
achieve business objectives.
Strategic information system
CORRECT ANSWER:
provide tools used by an organization to accomplish specific tasks to
gain competitive advantage.
Social Networking and interpersonal skills.
CORRECT ANSWER:
Enhances interpersonal and relationship-forming skills.
Porters 5 competitive forces
CORRECT ANSWER:
Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Network economics (network-based strategy)
, CORRECT ANSWER:
the cost of adding another business participant to a business
venture is small, the potential gain is great.
Business ecosystems
CORRECT ANSWER:
Network of businesses involved in delivering a product through
mutual cooperation.
Product differentiation (business strategy)
CORRECT ANSWER:
offering a higher quality product to differentiate from others in the
market
growth (business strategy)
CORRECT ANSWER:
adding new products or new enhancements to existing products
Enterprise Resource Planning (ERP)
CORRECT ANSWER:
Involves utilizing computer technology to link various aspects of a
business; a very complex resource planning system that spans the
entire business; companies often have difficulty implementing the
system.
Customer Relationship Management (CRM)
CORRECT ANSWER:
Allows for personalized communication to customers.
Knowledge Management (KM)
CORRECT ANSWER:
Actual Exam Questions and Verified Answers |
Most Highly Tested Questions |Reviewed and
Rationalized | 100% Accurate and Guarantee
Pass | Latest Exam and Newest Version!!!!
Executive information system
CORRECT ANSWER:
A system that facilitates and supports senior managerial decisions.
Data
CORRECT ANSWER:
Unorganized data that lacks meaning.
Information
CORRECT ANSWER:
Data that has been organized in a meaningful manner.
Information system
CORRECT ANSWER:
An integrated network of components working together to convert
data into useful information; includes an input, a process, and an
output; comprised of people, processes, machines, and information
technology.
Knowledge
CORRECT ANSWER:
,The practical application of information.
Data, Information, and Knowledge example
CORRECT ANSWER:
Data: The number of people below the poverty line in the region is
50,000.
Information: The number of people below the poverty line increases
between 2010 and 2018.
Knowledge: The number of people below the poverty line has
increased due to stagnating wages and cuts to social programs.
Decision support system
CORRECT ANSWER:
This system uses models and statistical analysis to help decision
makers solve problems
Management information system (MIS)
CORRECT ANSWER:
Provides timely and accurate information that enables managers to
manage their departments more efficiently; analyzes performance.
Transaction processing system
CORRECT ANSWER:
information system used for processing patient admissions,
employee time cards, and purchase orders
Information management
CORRECT ANSWER:
The management of organizational processes and systems; helps
the organization reduce costs and adds value to products; helps the
,organization make better managerial decisions; stores and
processes data.
Information technology
CORRECT ANSWER:
The use of computer and telecommunications systems for storing,
retrieving, and sending information; comprised of hardware,
software, data, and networks.
information technology management
CORRECT ANSWER:
the management of hardware, software, data, networks, and people
that facilitate access to information and allow the organization to
achieve business objectives.
Strategic information system
CORRECT ANSWER:
provide tools used by an organization to accomplish specific tasks to
gain competitive advantage.
Social Networking and interpersonal skills.
CORRECT ANSWER:
Enhances interpersonal and relationship-forming skills.
Porters 5 competitive forces
CORRECT ANSWER:
Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Network economics (network-based strategy)
, CORRECT ANSWER:
the cost of adding another business participant to a business
venture is small, the potential gain is great.
Business ecosystems
CORRECT ANSWER:
Network of businesses involved in delivering a product through
mutual cooperation.
Product differentiation (business strategy)
CORRECT ANSWER:
offering a higher quality product to differentiate from others in the
market
growth (business strategy)
CORRECT ANSWER:
adding new products or new enhancements to existing products
Enterprise Resource Planning (ERP)
CORRECT ANSWER:
Involves utilizing computer technology to link various aspects of a
business; a very complex resource planning system that spans the
entire business; companies often have difficulty implementing the
system.
Customer Relationship Management (CRM)
CORRECT ANSWER:
Allows for personalized communication to customers.
Knowledge Management (KM)
CORRECT ANSWER:
