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MISY 3310 TEST 1 QUESTIONS AND ANSWERS

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MISY 3310 TEST 1 QUESTIONS AND ANSWERS

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MISY 3310 TEST 1 QUESTIONS
AND ANSWERS
What is a chart or graph that presents grouped data with rectangular bars with lengths
proportional to the values that they represent? - Answer- Bar Chart

When evaluating the six-step decision making process, what occurs during the problem
identification step? - Answer- Definition of the problem as clearly and precisely as
possible

A Business Process Model and Notation (BPMN) event is anything that happens during
the course of a business process. An event is represented by a circle in a business
process model. (t/f) - Answer- True

When evaluating the 5-steps in the order-to-delivery business process, step one
includes creating a campaign and checking inventory, which are both part of the human
resources function. (t/f) - Answer- False

Augmented reality is the viewing of the physical world with computer-generated layers
of information added to it. (t/f) - Answer- True

Transaction processing systems are primarily used to automate business processes.
Automation increases efficiency and effectiveness, while reducing head count which in
turn reduces the overall operational ________. - Answer- Costs

A time-series chart is a graphical representation showing change of a variable over
time. Time-series charts are used for data that changes continuously, such as stock
prices. They allow for a clear visual representation of a change in one variable over a
set amount of time. (t/f) - Answer- True

A neural network is a category of efficiency metrics where it attempts to measure the
way the human brain works. (t/f) - Answer- False

Online transaction processing (OLTP) is the capturing of transaction and event
information using technology to ________. - Answer- Update existing information to
reflect the new information, Process the information according to defined business
rules, Store the information

The operations management department manages the process of converting or
transforming resources into goods or services. (t/f) - Answer- True

, If a business is following a focused strategy then its competitive scope is ________. -
Answer- Narrow Market

According to Fast Company magazine, which of the following executive levels might we
see created over the next decade? - Answer- chief intellectual property officer, chief
automation officer, and chief user experience officer

When analyzing Porter's three generic strategies for entering a market, if you have a
focused strategy what market should you target? - Answer- A niche market

Which of the following represents the department that maintains policies, plans, and
procedures for the effective management of employees? - Answer- Human Resources

In a SWOT analysis, which of the following could you discover as potential internal
strengths (helpful)? - Answer- Cost Advantages

Which of the following represents a reason why competitive advantages are typically
temporary? - Answer- The competitor will purchase new technology, The competitor
quickly seeks ways to duplicate your business operations, The competitor will hire away
your key employees.

What type of structured data includes sensor data, point-of-sale data, and web log
data? - Answer- Machine-generated

MIS can add value to both primary activities and support activities in the value chain.
Which of the following is not an example of a company adding value by the use of MIS
in a primary activity? - Answer- Scottrade Corp. creating an online system for
employees to track paychecks, benefits, wellness rewards program, and other
employee benefit items.

Which of the following represents the types of data commonly found in the sales
department? - Answer- Commission Data, Sales report data, and customer data

The business decisions made by the human resources department include employee
data, promotion data, and vacation data. (t/f) - Answer- True

What helps harness the wealth of knowledge in the organization? - Answer- knowledge
facilitators

A SWOT analysis evaluates an organization's strengths, weaknesses, objectives, and
threats. (t/f) - Answer- False

Where would you categorize threats in a SWOT analysis? - Answer- External, Harmful

What is predictive analytics? - Answer- Techniques that extract information from data
and use it to predict future trends and identify behavioral patterns.

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