WGU C724 (INFORMATION SYSTEMS MANAGEMENT)| COMPLETE QUESTIONS
AND ANSWERS | 2026 LATEST UPDATED| 100% RATED CORRECT | GET A+!!
Executive information system - (Answer)A system that facilitates and supports senior managerial
decisions.
Data - (Answer)Unorganized data that lacks meaning.
Information - (Answer)Data that has been organized in a meaningful manner.
Information system - (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 - (Answer)The practical application of information.
Data, Information, and Knowledge example - (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 - (Answer)This system uses models and statistical analysis to help
decision makers solve problems
Management information system (MIS) - (Answer)Provides timely and accurate information that
enables managers to manage their departments more efficiently; analyzes performance.
Transaction processing system - (Answer)information system used for processing patient
admissions, employee time cards, and purchase orders
Information management - (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 - (Answer)The use of computer and telecommunications systems for
storing, retrieving, and sending information; comprised of hardware, software, data, and networks.
information technology management - (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 - (Answer)provide tools used by an organization to accomplish
specific tasks to gain competitive advantage.
Social Networking and interpersonal skills. - (Answer)Enhances interpersonal and relationship-
forming skills.
Porters 5 competitive forces - (Answer)Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
, Network economics (network-based strategy) - (Answer)the cost of adding another business
participant to a business venture is small, the potential gain is great.
Business ecosystems - (Answer)Network of businesses involved in delivering a product through
mutual cooperation.
Product differentiation (business strategy) - (Answer)offering a higher quality product to
differentiate from others in the market
growth (business strategy) - (Answer)adding new products or new enhancements to existing
products
Enterprise Resource Planning (ERP) - (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) - (Answer)Allows for personalized communication to
customers.
AND ANSWERS | 2026 LATEST UPDATED| 100% RATED CORRECT | GET A+!!
Executive information system - (Answer)A system that facilitates and supports senior managerial
decisions.
Data - (Answer)Unorganized data that lacks meaning.
Information - (Answer)Data that has been organized in a meaningful manner.
Information system - (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 - (Answer)The practical application of information.
Data, Information, and Knowledge example - (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 - (Answer)This system uses models and statistical analysis to help
decision makers solve problems
Management information system (MIS) - (Answer)Provides timely and accurate information that
enables managers to manage their departments more efficiently; analyzes performance.
Transaction processing system - (Answer)information system used for processing patient
admissions, employee time cards, and purchase orders
Information management - (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 - (Answer)The use of computer and telecommunications systems for
storing, retrieving, and sending information; comprised of hardware, software, data, and networks.
information technology management - (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 - (Answer)provide tools used by an organization to accomplish
specific tasks to gain competitive advantage.
Social Networking and interpersonal skills. - (Answer)Enhances interpersonal and relationship-
forming skills.
Porters 5 competitive forces - (Answer)Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
, Network economics (network-based strategy) - (Answer)the cost of adding another business
participant to a business venture is small, the potential gain is great.
Business ecosystems - (Answer)Network of businesses involved in delivering a product through
mutual cooperation.
Product differentiation (business strategy) - (Answer)offering a higher quality product to
differentiate from others in the market
growth (business strategy) - (Answer)adding new products or new enhancements to existing
products
Enterprise Resource Planning (ERP) - (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) - (Answer)Allows for personalized communication to
customers.
