MIS 290 exam 1 questions with 100% correct answers

MIS 290 exam 1T/F: Today managers want and need information from a variety of sources in addition to the ability to control their agenda and utilize verbal media, however current Information systems cannot support all of these needs of managers. - correct answer False Decisions that use a definite procedure and are repetitive, are known as? - correct answer Structured (programmable) Decisions Decisions where the information system only provides some assistance with historical data, however the human decision maker provides the judgment, evaluation and insights into the problem definition including the final decision, are known as? - correct answer Unstructured Decisions The type of information system where the hardware and program components do most of the work is known as? - correct answer Automated Information System These systems are designed to summarize and report on the company's basic operations. - correct answer Management Information Systems These systems are designed to change the goals, products, services or environmental relationships of organizations to gain a competitive advantage. - correct answer Strategic Information Systems Hardware, software, people, data, procedures - are known as? - correct answer Components of Information Systems Activities, decisions, roles, resources, repository - are known as? - correct answer Components of a business process Those systems that change the goals, products, services, or environmental relationships of organizations - correct answer strategic information systems This is the type of strategy (according to Porter) your company would use if they wanted to provide a better product within an industry segment. - correct answer Narrow Focus Deflation