1. All of the following are dimensions of a firm's performance that are measured in the balanced scorecard method except:
resources.
business process.
customer.
learning and growth.
financial.
answer
resources.
question
1. You are developing a customer recommendation system for a department store's e-commerce site. Which of the following tools will provide the most accurate recommendations?
Genetic algorithms
Fuzzy logic
Location analytics
CBR
Big data analytics
answer
Big data analytics
question
1. A KPI is:
an industry standard for measuring performance along a given dimension.
a measure proposed by senior management.
an alternative to the balanced scorecard method.
an analytic technique for measuring financial performance.
a measurement of knowledge performance.
answer
a measure proposed by senior management.
question
1. Why is the balanced scorecard method said to be "balanced"?
It uses measurable dimensions for assessing performance.
It assesses both the internally focused and externally focused business processes.
It measures performance along all major divisions of a firm, from production and manufacturing to human resources.
It measures performance of all levels of a firm, from executives to operational employees and data workers.
It measures performance of more than just financial systems.
answer
It measures performance of more than just financial systems.
question
1. An inference engine is:
a data mining strategy used by intelligent agents.
the programming environment of an expert system.
a method of organizing expert system knowledge into chunks.
a set of rules used to model human knowledge in an expert system.
a strategy used to search through the rule base in an expert system.
answer
a strategy used to search through the rule base in an expert system.
question
1. CAD workstations:
provide design engineers with precise, three-dimensional representations of their models.
provide an important source of expertise for organizations.
allow groups to work together on documents.
are high-end PCs used in the financial sector to analyze trading situations instantaneously and facilitate portfolio management.
are used for creating virtual reality environments.
answer
provide design engineers with precise, three-dimensional representations of their models.
question
1. Which phase of decision making finds or recognizes a problem?
Design
Intelligence
Choice
Implementation
Definition
answer
Intelligence
question
1. ________ help media firms store and manage unstructured digital data such as photographs, images, videos, and audio files.
Digital asset management systems
Knowledge networks
LMS
CAD
CMS
answer
Digital asset management systems
question
1. Which dimension of quality means that a decision should reflect a rational process?
Comprehensiveness
Accuracy
Fairness
Coherence
Due process
answer
Coherence
question
1. Virtually all successful expert systems deal with problems of:
associative data.
classification.
logic and control.
unstructured decision making.
structured decision making.
answer
classification.
question
1. ________ is a management methodology that translates a firm's goals into operational targets.
BPM
KPI
Balanced scorecard
OLAP
GDSS
answer
BPM
question
1. Expertise and experience of organizational members that has not been formally documented best describes:
wisdom.
information.
data.
tacit knowledge.
unstructured knowledge.
answer
tacit knowledge.
question
1. GDSS are designed to:
allow meeting attendees to share their thoughts in real time with their peers.
manage knowledge using a global perspective.
enable collaboration among geographically dispersed participants.
enable executives to easily supervise senior management meetings.
implement structured methods for organizing and evaluating ideas.
answer
implement structured methods for organizing and evaluating ideas.
question
1. Which dimension of quality means that a decision faithfully reflects the concerns and interests of affected parties?
Due process
Justice
Fairness
Coherence
Accuracy
answer
Fairness
question
1. A(n) ________ table is a spreadsheet feature that displays two or more dimensions of data in a convenient format.
pivot
drill-down
ad hoc
multi-tier
sensitivity
answer
pivot
question
1. In ________, descriptions of past experiences of human specialists, represented as cases, are stored in a database for later retrieval when the user encounters a new case with similar parameters.
expert systems
DSS
CBR
intelligence networks
knowledge work systems
answer
CBR
question
1. ________ help users gain information from large amounts of geographically linked data.
Data visualization tools
GIS
GDSS
Location analytics tools
CAD systems
answer
Location analytics tools
question
1. Which of the following is a typical middle management decision?
How much of our product is selling in lower-income markets?
Why are sales of our product decreasing on the west coast?
Should we introduce our product to overseas markets?
Should we discontinue this product?
Which product is selling the best in overseas markets?
answer
Why are sales of our product decreasing on the west coast?
question
1. Deciding whether to introduce a new product line is an example of a(n):
semistructured decision.
procedural decision.
nonprocedural decision.
operational decision.
unstructured decision.
answer
unstructured decision
question
1. Expert systems:
solve problems too difficult for human experts.
are based on DO WHILE rules.
work in very limited domains.
share characteristics with mainframe computing.
are a type of case-based reasoning.
answer
work in very limited domains.
question
1. You are answering phones for a local utilities provider and are speaking with an extremely angry customer. Because your company manual advises employees to transfer hostile calls to a superior, you do this. What quality dimension of decisions does your action reflect?
Due process
Justice
Fairness
Coherence
Accuracy
answer
Due process
question
1. Operational management typically makes which type of decisions?
Semistructured
Documented
Structured
Procedural
Low-level
answer
Structured
question
1. Which is the second step in Simon's four different stages of decision making?
Identification
Implementation
Design
Choice
Intelligence
answer
Design
question
1. Which of the following types of business intelligence users is considered a power user?
IT developers
Business analysts
Operational employees
Senior managers
Clerical workers
answer
Business analysts
question
1. Which of the following would not be classified as a knowledge work system?
Computer-aided design
3D visualization system
Investment workstations
Virtual reality system
Digital asset management system
answer
Digital asset management system
question
1. Virtual reality applications for the web use a standard called:
CAD.
VRML.
VML.
TCP/IP.
XML.
answer
VRML.
question
1. Which of the following would be a typical production report for an organization's financial division?
Variability of sales by region and time
Projected income
Supplier information
Cash flow
Customer models
answer
Cash flow
question
1. What are the two major types of knowledge management systems?
Management information systems and decision support systems
Enterprise systems and knowledge management systems
Enterprise-wide knowledge management systems and knowledge work systems
Expert systems and knowledge work systems
Structured knowledge systems and unstructured knowledge systems
answer
Enterprise-wide knowledge management systems and knowledge work systems
question
1. Estimating the number of direct goods to reorder falls into which category of decision making?
Structured
Documented
Unstructured
Procedural
Operational
answer
Structured
question
1. Decision making is enhanced by a diverse group of ________, such as data mining and fuzzy logic.
intelligent techniques
expert systems
DSS
intelligent models
parameterized reports
answer
intelligent techniques
question
1. ________ are an essential component of a knowledge work system.
Computer-aided design tools
Three-dimensional modeling tools
Tagging and classification tools
Links to external knowledge bases
Virtual reality tools
answer
Links to external knowledge bases
question
1. ________ systems help organizations manage both structured and semistructured knowledge.
Digital asset management
Knowledge network
Enterprise content management
Knowledge work
Learning management
answer
Enterprise content management
question
1. You are the CEO of a national shoe store and want to add three new stores. Which of the following tools will best help you find the most potentially profitable new locations?
Pivot tables
Sensitivity analysis
CBR
Location analytics
Intelligent agent
answer
Intelligent agent
question
1. In order to search for and retrieve knowledge objects in an enterprise content management system, the objects themselves must be:
linked to their original sources.
organized into relevant directories.
tagged with a classification.
indexed.
associated with an in-house expert.
answer
tagged with a classification.
question
1. ________ are intelligent techniques that parallel some aspects of the processing patterns of the biological brain.
Neural networks
Genetic algorithms
CBR systems
Fuzzy logic systems
Intelligent agents
answer
Neural networks
question
1. The type of decision that can be made by following a definite procedure is called a(n) ________ decision.
operational
unstructured
semistructured
procedural
structured
answer
structured
question
1. All of the following are analytic functionalities that BI systems deliver except:
ad hoc queries.
dashboards.
production reports.
drill-down ability.
user interface.
answer
user interface.
question
1. ________ intelligence technology consists of computer-based systems that attempt to emulate human behavior and thought patterns.
Neural
Genetic
Fuzzy
Artificial
Learning
answer
Artificial
question
1. What type of model asks what-if questions repeatedly to determine the impact on outcomes of changes in one or more factors?
Mathematical
Sensitivity analysis
Goal seeking
Forecasting
Simulation
answer
Sensitivity analysis
question
1. You would expect to find all of the following tools in a major enterprise content management system except:
videoconferencing.
knowledge preservation.
intelligent agents.
wiki building.
instant messaging.
answer
intelligent agents.
question
1. Expert systems model human knowledge as a set of rules that collectively are called the ________ base.
knowledge
data
inference
experience
rationale
answer
knowledge
question
1. Why does improving a small, routine decision have business value for a company?
A small decision may have a great economic impact on the company.
Even a routine decision may have a "ripple" effect through a corporation.
A small decision has business value when added with all the other small decisions made in the company.
Small, routine decisions typically do not have any business value for a company.
Even small decisions affect the culture of the organization.
answer
A small decision has business value when added with all the other small decisions made in the company.
question
1. A(n) ________ capability allows users to view more detailed views of data.
ad hoc
drill-down
query and reporting
metrics
VRML
answer
drill-down
question
1. Neural network applications in medicine, science, and business address problems in all of the following except:
pattern classification.
prediction.
control and optimization.
generalization.
financial analysis.
answer
generalization.
question
1. Which types of decisions are more prevalent at lower organizational levels?
Procedural decisions
Unstructured decisions
Structured decisions
Semistructured decisions
Operational decisions
answer
Structured decisions
question
1. ________ decisions are most common at higher levels of management.
Semistructured
Unstructured
Structured
Undocumented
Procedural
answer
Unstructured
question
1. Which type of information system uses data visualization technology to analyze and display data for planning and decision making in the form of digitized maps?
GIS
DSS
GSS
TPS
MIS
answer
GIS
question
1. Backward sensitivity analysis software is used for:
supply chain optimization.
historical what-if analysis.
goal seeking.
reverse forecasting.
customer analysis.
answer
goal seeking.
question
1. In a parameterized report, users can:
drill down to more finely grained information.
create their own reports based on custom queries.
view overall firm performance data.
view data according to different dimensions of the data.
predict future outcomes according to changing circumstances.
answer
view data according to different dimensions of the data.
question
1. Which of the following BI functionalities would you use to assess how customers would respond to a price change in your product?
Parameterized reports
Predictive analytics
Ad hoc queries
Production reports
Cash flow reports
answer
Predictive analytics
question
1. According to your reading of the text, Procter & Gamble's use of intelligent agent technology in its supply chain illustrates the use of information systems to implement which of the main generic business strategies?
Product differentiation
Focus on market niche
Strengthen customer intimacy
Strengthen supplier intimacy
Low-cost leadership
answer
Low-cost leadership
question
1. Which of the following is not an element of the business intelligence environment?
User interface
Executive users
Platform
Business analytics toolset
Production reports
answer
Executive users
question
1. Where there is no well-understood or agreed-on procedure for making a decision, it is said to be:
undocumented.
unstructured.
documented.
semistructured.
low-level.
answer
unstructured.
question
1. A(n) ________ is a free, online course made available via the web to very large numbers of participants.
massive open online course
multiperson online learning course
EOC
online learning system
universal online course
answer
massive open online course
question
1. Virtual reality systems:
provide design engineers with precise, three-dimensional representations of their models.
provide an important source of expertise for organizations.
allow groups to work together on documents.
provide simulations of walking through or manipulating a three-dimensional model or programmed real-world environment.
allow knowledge to be stored in simulated 3D environments.
answer
provide simulations of walking through or manipulating a three-dimensional model or programmed real-world environment.
question
1. Tools for the management, delivery, tracking, and assessment of various types of employee learning best describes:
knowledge work systems.
employee relationship systems.
employee management systems.
learning management systems.
knowledge management systems.
answer
learning management systems.
question
1. To automate routine tasks to help firms search for and filter information for use in electronic commerce and supply chain management, a firm would most likely use:
CAD systems.
genetic algorithms.
fuzzy logic systems.
intelligent agents.
neural networks.
answer
intelligent agents.
question
1. Genetic algorithms:
represent knowledge as groups of characteristics.
are software programs that work in the background to carry out specific, repetitive tasks.
develop solutions to particular problems using techniques such as mutation, crossover, and selection.
"learn" patterns from large quantities of data by sifting through data.
have a large number of sensing and processing nodes that continuously interact with each other.
answer
develop solutions to particular problems using techniques such as mutation, crossover, and selection.
question
1. ________ are designed to have a generalized capability to learn.
Knowledge-based systems
Neural networks
Fuzzy logic systems
Expert systems
Genetic algorithms
answer
Neural networks
question
1. Which of the following is a key problem in managing knowledge?
Sharing knowledge
Storing knowledge
Distributing knowledge
Locating knowledge
Classifying knowledge
answer
Classifying knowledge
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