MIS 290 South University -MIS 290 Exam 1 Study Guide with verified answers

MIS 290 Exam 1 Study GuideWhat is information literacy? p7 - correct answer Understanding the role of information in generating and using business intelligence What are the components of a management information system (MIS)? p8 - correct answer Hardware & software technologies, data, processes, and human elements What are Michael Porter's 3 strategies? p14 - correct answer Overall cost leadership, differentiation, and focus Which of the following lists the steps of MIS designing in the correct order? p8 A. Collect and analyze data, provide information for decisions, define system's objectives B. Provide information for decisions, define system's objectives, collect and analyze data C. Define system's objectives, collect and analyze data, provide information for decisions D. Define system's objectives, provide information for decisions, collect and analyze data - correct answer C. Define system's objectives, collect and analyze data, provide information for decisions What is the purpose of a DBMS? p10 - correct answer To create, organize, and manage databases External data includes sales and personnel records. True or false? p9 - correct answer False; external includes customers, labor stats, government agencies, economies Which of the following best describes giving customers information and how-to support videos? p4-5 A. Transaction-processing systems (TPS) B. Social networking C. Business intelligence (BI)