DECISION SUPPORT SYSTEMS EXAM 1 QUESTIONS
WITH 100% VERIFIED CORRECT SOLUTIONS.
What is data created by a machine without human intervention? Answer -
Machine-generated data
What describes how a company can reduce the threat of substitute products or
services? Answer - Offer additional value through wider product distribution
______ executes the business strategy. Answer - Value Chain Analysis
____ are costs that make customers reluctant to switch to another product or
service Answer - Switching costs
____ is not a technology company but used technology to revamp the business
process of renting movies. Answer - Netflix
What is a collection of large, complex data sets, including structured and
unstructured data that cannot be analyzed using traditional database methods
and tools? Answer - Big Data
____ is high when there are many alternatives to a product or service and low
when there are few alternatives from which to choose. Answer - Threat of
Substitute Products or Services
Which department manages the process of converting or transforming
resources into good or services? Answer - Operations Management
, ____ evaluates a project's position. Answer - SWOT Analysis
____ is a world where interconnected, internet-enabled devices or "things" can
collect and share data without human intervention. Answer - Internet of
Things
Identifying competitive advantages can be difficult and explains why they are
typically ____ Answer - Temporary
What uses data about people's behaviors to understand intent and predict
future actions? Answer - Behavioral Analytics
MIS is a business function, like accounting or sales, which moves information
about people, products, and processes across the company to facilitate
decision making and problem solving. What does MIS stand for? Answer -
Management Information System
____ is responsible for ensuring the security of business systems and
developing strategies and safeguards against attacks by hackers and viruses.
Answer - Chief Security Officer
Strengths would be categorized as ___ in a typical SWOT analysis. Answer -
Internal, Helpful
___ views a firm as a series of business processes that each add value to the
product or service. Answer - Value Chain Analysis
____ is the confirmation of validation of an event or object. Answer - Fact
WITH 100% VERIFIED CORRECT SOLUTIONS.
What is data created by a machine without human intervention? Answer -
Machine-generated data
What describes how a company can reduce the threat of substitute products or
services? Answer - Offer additional value through wider product distribution
______ executes the business strategy. Answer - Value Chain Analysis
____ are costs that make customers reluctant to switch to another product or
service Answer - Switching costs
____ is not a technology company but used technology to revamp the business
process of renting movies. Answer - Netflix
What is a collection of large, complex data sets, including structured and
unstructured data that cannot be analyzed using traditional database methods
and tools? Answer - Big Data
____ is high when there are many alternatives to a product or service and low
when there are few alternatives from which to choose. Answer - Threat of
Substitute Products or Services
Which department manages the process of converting or transforming
resources into good or services? Answer - Operations Management
, ____ evaluates a project's position. Answer - SWOT Analysis
____ is a world where interconnected, internet-enabled devices or "things" can
collect and share data without human intervention. Answer - Internet of
Things
Identifying competitive advantages can be difficult and explains why they are
typically ____ Answer - Temporary
What uses data about people's behaviors to understand intent and predict
future actions? Answer - Behavioral Analytics
MIS is a business function, like accounting or sales, which moves information
about people, products, and processes across the company to facilitate
decision making and problem solving. What does MIS stand for? Answer -
Management Information System
____ is responsible for ensuring the security of business systems and
developing strategies and safeguards against attacks by hackers and viruses.
Answer - Chief Security Officer
Strengths would be categorized as ___ in a typical SWOT analysis. Answer -
Internal, Helpful
___ views a firm as a series of business processes that each add value to the
product or service. Answer - Value Chain Analysis
____ is the confirmation of validation of an event or object. Answer - Fact
