Chap/unit 2 CIS

7 September 2022
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question
Which of the following is not a type of data information system? A. Executive information system B. Decisions support system C. Analysis processing system D. Transactional processing system
answer
c. Analysis processing system
question
What is an important challenge facing managers today?
answer
making business decision, solving business problem, competing to win in today's marjet
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What must managers do to compete in today's market?
answer
make decusuins to gain compeititive advantages, make decisions that can help forecast business needs, make decusions that can help forecast future business requirments
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What is not a problem that managers are facing today? A. Managerial decisions must be made quickly B. strategic decisions need to be made by applying analysis technique C. AI is required by all managers to be successful D. managerial decision require large amounts of info to analyze
answer
C. AI is required by managers to be succesful
question
When evaluating the six-step decision making process, what occurs during the solution implementation step? A. The process will begin again if the decisions made were incorrect B. Defining the problem as clearly and precisely as possible C. Details of every solution possible including ideas that seem far fetched D. The solution that best solves the problem is selected
answer
A. The processs will begins again if the deicisons made were incorrect
question
What are the different levels of a company pyramid (top to bottom)
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strategic - operational- managerial
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Which of the below would you include as decisions and responsibilities typically found at the managerial level of a company? A. Monthly Plans B. Monthly Budgets C. Weekly Schedule D. All of the above
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D. all of the above
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Which of the below would you include as decisions and responsibilities typically found at the operational level of a company? A. Develop core business activities required to run the day-to-day operations B. Control core business activities required to run the day-to-day operations C. Maintain core business activities required to run the day-to-day operations D. All of the above
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D. ALl of the above
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Which one does not represent an example of a structured decision?
answer
deciding to enter a new market
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At which level do managers develop the overall business strategies and monitor the performance of the organization and the competitive business environment?
answer
strategic
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Jenny Welch works at a retail store selling sports equipment. Her daily tasks include opening the store, creating the work schedules, processing payroll, overseeing sales and inventory, and training employees. At what level of the organizational pyramid would you categorize Jenny?
answer
managerial
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Andy Benton works at the local Starbucks coffee shop and his responsibilities include taking orders, fulfilling orders, and ringing in sales. At what level of the organizational pyramid would you categorize Andy
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operational
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Bill Schultz works at a high power investment firm in Los Angeles. Bill is responsible for promoting the firm's vision and creating the company-wide goals and strategies. He also monitors the overall strategic performance of the company and its direction for future business strategies. At what level of the organizational pyramid would you categorize Bill?
answer
startegic
question
Chuck Biggs has been hired to oversee all of the plans that the city of Denver has created to expand its train transportation system by adding six more lines to the metro area. Chuck will be responsible for planning the project, managing the processes, and finalizing each new line as it is completed. How would you categorize the majority of the decisions Chuck will have to make to complete his job
answer
semistructured decisions
question
The structure of an organization is similar to a pyramid. The different levels require different types of information to assist with what?
answer
Decision making Problem solving Opportunity capturing
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At which level of an organization do employees develop, control, and maintain core business activities required to run the day-to-day operations?
answer
operational
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At which level of an organization are employees continuously evaluating company operations to hone the firm's abilities to identify, adapt to, and leverage change?
answer
managerial
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At which level of an organization do managers develop overall business strategies, goals, and objectives as part of the company's strategic plan?
answer
strategic
question
What are measurements that evaluate results to determine whether a project is meeting its goals?
answer
metrics
question
Which of the below is an example of a critical success factor?
answer
increase customer satisfaction
question
What statement is accurate?
answer
Critical success factors can have several key performance indicators
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Key performance indicators are the metrics a company uses to evaluate progress toward critical success factors. Which of the below represents a key performance indicator?
answer
Percentage of help desk calls answered in the first minute
question
CSFs and KPIs are the two core metrics used within a business to track progress or success. What is the relationship between CSFs and KPIs?
answer
CSFs are business strategy elements where KPIs measure the progress of the CSFs
question
Market share measures a firm's external performance relative to that of its competitors. Which of the following represents how a firm measures market share
answer
Dividing the firm's sales by the total market sales for the entire industry
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What type of measurement is using market share as a KPI?
answer
external measurement
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Which of the below represents an internal KPI that indicates the earning power of a project?
answer
RETURN ON INVESTMENT
question
Todd Haitz is the marketing manager for the National Basketball Association. Todd analyzes and tracks his marketing campaigns to determine the best success rate per project for increasing ticket sales. Todd uses an internal KPI to track his marketing campaign success. Which of the below would be an internal KPI Todd would use to track his marketing campaigns?
answer
marketing campaign ROI
question
What type of metrics measure throughput, transaction speed, and system availability?
answer
Efficiency MIS metrics
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What types of metrics measure customer satisfaction?
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Effectiveness MIS metrics
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49) According to Peter Drucker, what are managers who do things right addressing
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efficiency & effectiveness
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Which of the following is a type of efficiency MIS metric?
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web traffic
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Which term is used to describe the ease with which people perform transactions and/or find information?
answer
usuabi
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What would a company like eBay or Amazon be constantly benchmarking?
answer
MIS efficiency and MIS effectiveness
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What are efficiency metrics?
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1) throughput, 2) transaction speed, 3) system availability, 4) information accuracy, and 5) response time.
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What are effectiveness metrics?
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1) usability, 2) customer satisfaction, 3) conversion rates, and 4) financial.
question
Drew Savage is an MIS manager for an international consulting firm. Drew travels to different European countries where he implements news response tracking systems. Some of the metrics he uses to track the performance of his system include tracking the response time it takes to respond to Twitter posts mentioning the news station, as well as the speed and accuracy of content posted on numerous websites and social media sites. What type of metrics is Drew using to measure his system?
answer
efficiency metrics
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Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on _________.
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1. Understanding how successful a firm is at achieving its goals and objectives 2. Analyzing if a firm is doing the right thing 3. Setting the right goals and ensuring they are accomplished
question
Which of the below describes the efficiency MIS metric of throughout?
answer
The amount of information that can travel through a system at any point in time
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A common mistake that many managers tend to make is focusing on only one type of metrics because they are easier to measure. Which type of metrics do they focus on?
answer
Efficiency metric
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What does usability effectiveness MIS metrics measure?
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The ease with which people perform transactions and find information
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role of benchmarks
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1) to help assess how an MIS project performs over time, 2) when measured against MIS projects, can provide feedback so managers can control the system, 3) to establish baseline values the system seeks to attain.
question
As a manager for your company some of your responsibilities include measuring metrics and overseeing company strategies. You observe some critical success factors and see large increases in productivity. What would you suspect would be the primary reason for the large increases in productivity?
answer
Increases in effectiveness
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What are the crucial steps companies perform to achieve their goals and objectives and implement their strategies?
answer
CSF
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What are the quantifiable metrics a company uses to evaluate progress toward critical success factors?
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KPI
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Which of the following represents the top-down (executives to analysts) organizational levels of information technology systems?
answer
EIS, DSS, TPS
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Which of the following is an incorrect enterprise view of information technology?
answer
. Processing is OLTP for executives and OLAP for analysts
question
What is consolidation?
answer
Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
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What is drill-down capability
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Enables users to get details, and details of details, of information
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What is slice-and-dice capability?
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The ability to look at information from different perspectives
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What compiles information from multiple sources and tailors it to meet user needs?
answer
digital dashboard
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What captures transaction and event information using technology to (1) process the information according to defined business rules, (2) store the information, and (3) update existing information to reflect the new information?
answer
OLTP
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What is the basic business system that serves the operational level and assists in making structured decisions?
answer
TPS
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What encompasses all organizational information and its primary purpose is to support the performance of managerial analysis or semistructured decisions
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Analytical info
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What encompasses all the information contained within a single business process or unit of work and its primary purpose is to support the performance of daily operational or structured decisions.
answer
Transactional information
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What is the manipulation of information to create business intelligence in support of strategic decision making?
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OLAP
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What models information and provides assistance in evaluating and choosing among different courses of action?
answer
DSS
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What produces graphical displays of patterns and complex relationships in large amounts of data?
answer
visualization
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What tracks KPIs and CSFs by compiling information from multiple sources and tailoring it to meet user needs?
answer
digital dashboard
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Which of the below is considered an input in the systems thinking example of a TPS?
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source document
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hich of the below is considered part of the process in the systems thinking example of a TPS?
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calculate
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Which of the below is considered the input in the systems thinking example of a DSS?
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TPS
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Which of the below is considered the process in the systems thinking example of a DSS?
answer
optimization
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Which of the below is considered the output in the systems thinking example of a DSS?
answer
forecasts
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Which of the following is a potential feature of a digital dashboard
answer
A hot list of KPIs refreshed every 15 minutes B. A running line graph of planned versus actual production for the past 24 hours C. A graph of stock market prices
question
What would managers use to make structured decisions at the operational level
answer
transactional info
question
Which of the below would create transactional information?
answer
making an airline reservation
question
What are the three primary types of management information systems available to support decision making across the company levels?
answer
transaction Processing Systems, Decision Support Systems, Executive Information Systems
question
A transaction processing system (TPS) is the basic business system that assists operational level analysts when making structured decisions. Which of the below is not an example of a TPS?
answer
Comfort Dental patient diagnosis system
question
What is the flow that a systems thinking approach using a TPS would
answer
Source Documents (Input) - CRUD, Calculate (Process) - Reports (Output) - (Feedback
question
Online transaction processing (OLTP) is the capturing of transaction and event information using technology to _____________.
answer
A. Update existing information to reflect the new information B. Store the information C. Process the information according to defined business rules
question
Decision support systems or DSS's model information using OLAP, which provides assistance in evaluating and choosing among different courses of action. Which of the below does not represent an example of a DSS in business
answer
A manufacturing digital dashboard showing visualizations of inventory and production
question
Online analytical processing (OLAP)
answer
the manipulation of information to create business intelligence in support of strategic decision making.
question
When viewing systems thinking, source documents are the original transaction records. What would the source documents for a medical doctor's payroll system include
answer
Employee time sheets Employee benefit reports Employee wage rates
question
Which of the below represent the four main DSS analysis techniques outlined in the chapter?
answer
What-If Analysis, Sensitivity Analysis, Goal-Seeking Analysis, Optimization Analysis
question
Tom Repicci is a manager for a McDonald's restaurant. Many of his key responsibilities include analyzing data and making key decisions for the success of his store. Tom's store has been experiencing decreased sales for breakfast services over the past 3 months. Tom is unsure why breakfast revenues are down while lunch and dinner revenues remain unchanged. Tom believes that he can drive revenue up by implementing a few different breakfast promotions such as free coffee or hash browns with the purchase of a meal. Tom performs an extensive analysis of how continuous changes in breakfast promotions could impact his daily revenue. What type of DSS analysis is Tom performing?
answer
Sensitivity analysis (type of what if)
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What is the DSS analysis that checks the impact of a change in a variable or assumption on the model?
answer
what-if
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Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?
answer
A. OLTP is used at the operational level; OLAP is used at the managerial level B. OLTP is used to capture transactional and event data; OLAP is used to manipulate information C. OLTP is used to support structured decisions; OLAP is used to support semistructured decisions
question
What is the analysis that works in reverse to what-if and sensitivity analysis by finding the inputs necessary to achieve a goal such as a desired level of output?
answer
. Goal-seeking analysis
question
Decision making at the executive or strategic level require business intelligence and knowledge to support the uncertainty and complexity of the business. What is a specialized DSS that supports senior-level executives and unstructured decisions requiring judgment, evaluation, and insight?
answer
Executive Information System (EIS)
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How does a DSS typically differ from an EIS?
answer
EIS requires data from external sources to support unstructured decisions where a DSS typically uses internal sources to support semistructured decisions
question
What is a common tool that is used to support visualizations and tracks KPIs and CSFs by compiling information from multiple sources?
answer
digital dashboards
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what does digital dashboard offer?
answer
1) consolidation, 2) drill-down, and 3) slice-and-dice capabilities.
question
As the product manager for the eatery division at Whole Foods, Jerry is responsible for analyzing sales data to help him manage his team. Today Jerry is analyzing his data using many different perspectives to identify different ways to improve his division. Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?
answer
Slice-and-Dice
question
As the product manager for the eatery division at Whole Foods, Jerry is responsible for analyzing sales data to help him manage his team. Today Jerry is analyzing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information. Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?
answer
Consolidation
question
As the product manager for the eatery division at Whole Foods, Jerry is responsible for analyzing sales data to help him manage his team. Today Jerry is analyzing his data by looking at details, and details of details of information. Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?
answer
drill down
question
Van Lines Inc. is a large corporation operating in all 50 states. Jim Poulos is the regional manager overseeing the western division, which includes Utah, Colorado, Idaho, Montana, Wyoming, and Nevada. Jim receives data from his managers in each state which he loads into his digital dashboard for analysis of his entire western division. What digital dashboard capability is Jim primarily using?
answer
consolidation
question
What is a category of AI that attempts to emulate the way the human brain works?
answer
neural network
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Which of the following is the most commonly used form of AI in the business arena?
answer
expert system
question
What is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users?
answer
intelligent agent
question
What do cargo transport systems, book distribution centers, the video game market, a flu epidemic, and an ant colony have in common?
answer
They are all complex adaptive systems and thus share some characteristics.
question
Which industry has been relying on neural network technology for over two decades?
answer
finance
question
Which type of AI system assigns values of 0 and 1 to vague or ambiguous information?
answer
fuzzy logic
question
Artificial Intelligence stimulates human thinking and behavior, such as the ability to reason and learn. What is the ultimate goal of AI?
answer
To build a system that can mimic human intelligence
question
Which of the following is an example of an intelligent system?
answer
A. The Firefighter Robot that can extinguish flames at chemical plants B. Shell Oil's Smart Pump robot that pumps gas for the customer C. A robot that cleans and sweeps at a local airport
question
What is a system that uses computerized advisory programs to imitate the reasoning processes of experts in solving difficult problems?
answer
expert system
question
Which of the below categories of AI is used extensively in the finance industry to analyze situations where the logic or rules are unknown?
answer
neural network
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Which of the following is not a feature of a neural network?
answer
Neural networks can analyze linear relationships only
question
What is the Mathematical method of handling imprecise or subjective information?
answer
fuzzy logic
question
Sears department stores used to plant employees in competitor stores to perform research and analysis. Recently the company implemented a system that can search competitor websites and provide comparisons of price, promotions, and availability and the system is saving time, money, and resources. What type of system did Sears implement?
answer
shopping bot
question
What is the process of learning from ecosystems and adapting their characteristics to human and organization situations?
answer
biomimicry
question
Which of the following is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users?
answer
Intelligent agent
question
What is an optimizing system that can find and evaluate solutions with many more possibilities, faster and more thoroughly than a human?
answer
generic algothrim
question
Bob Silver loves playing a game called World of Warcraft where he has the capability to create his own character and even his own life-like environment. Which AI system would you categorize World of Warcraft?
answer
virtual reality
question
Which of the following offers an example of an intelligent agent that uses a multi-agent system?
answer
A cargo transport system B. Book distribution center C. A flu epidemic
question
What types of business decisions would an EIS use AI foR?
answer
Unstructured decisions
question
What is the process within a genetic algorithm of randomly trying combinations and evaluating the success (or failure) of the outcome?
answer
mutation
question
Which of the below business processes would you find in the marketing and sales division?
answer
promoting discounts
question
Which of the following represents a business process you would find in the operations management department?
answer
ordering inventory
question
Most business processes are cross-functional or cross-departmental processes that span the entire organization. Which of the below does not represent a cross-functional business process?
answer
Processing payroll
question
Jessica Ulta works as an employee for City Service Credit Union and is responsible for consulting on loans, talking clients through the loan process, and providing loans to members. What type of processes does Jessica primarily work with?
answer
Industry-specific customer facing processes
question
What is the primary goal of the As-Is process model
answer
. To simplify, eliminate, and improve the To-Be process
question
Which of the below processes would be found in the operations management department?
answer
Creating production schedules
question
Review the below list of key terms and determine which one typically occurs during managerial business process improvement.
answer
streamlining
question
Sarah Schin was recently hired by Bank West as the Global Director of Human Resources. Her job duties include determining employment policies as well as overseeing all hiring, firing, and training of employees. What type of processes does Sarah's new job demonstrate?
answer
Business-facing processes
question
Review the below list of key terms and determine which one typically occurs during strategic business process improvement.
answer
reengineering
question
Which of the below processes attempt to understand and measure the current process and make improvements?
answer
Business process improvement
question
The local florist in town is Cheryl Steffan who has been in business for over 20 years. Recently, Cheryl has noticed several complaints about delivery errors. Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking. Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness. What method did Cheryl follow to solve her delivery issues?
answer
Modeled the As-Is process, fixed the errors, and then created the To-Be process
question
What improves managerial level business processes?
answer
streamlining
question
What does BPR assume about the current process in the extreme?
answer
A. Current process is irrelevant B. Current process is broken C. Current process must be overhauled from scratch
question
What is the point when resources reach full capacity and cannot handle any additional demands?
answer
Bottlenecks
question
Automating a business process that contains ___________________ will magnify or amplify these problems if they are not corrected first.
answer
Bottlenecks or redundancies
question
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
question
What is the analysis and redesign of workflow within and between enterprises?
answer
Business process reengineering (BPR)
question
Which of the following explains why a company would implement a BPR strategy?
answer
To create value for the customer
question
What includes the tasks, activities, and responsibilities required to execute each step in a business process
answer
workflow
question
Fedex is a great example of a company that created a competitive advantage through combining MIS and _______________.
answer
Traditional distribution and logistics processe
question
Changing business processes with MIS outlines how to improve the three levels of business processes which include operational, managerial, and strategic. From operational to strategic, what are the three major improvement strategies that the author describes?
answer
Automation - streamlining - reengineering
question
What improves business process efficiencies by simplifying or eliminating unnecessary steps
answer
Streamlining