Chapter 4 – IS290

11 August 2023
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question
What types of metrics measure customer satisfaction?
answer
effectiveness MIS metrics
question
What type of metrics measure throughput, speed, and availability?
answer
efficiency MIS metrics
question
What is a count of the number of people who visit one site and click on an advertisement that takes them to the site of the advertiser?
answer
click-through
question
The balanced scorecard views the organization from four perspectives, and users should develop metrics, collect data, and analyze their business relative to each of these perspectives. Which of the following is not one of the four perspectives in the balanced scorecard?
answer
the leading perspective
question
What is measured by such benchmarks as satisfaction surveys, percentage of existing customers retained, and increases in revenue dollars per customer?
answer
customer satisfaction
question
According to Peter Drucker, what are managers who DO THINGS RIGHT addressing?
answer
efficiency
question
What is eBay constantly benchmarking?
answer
MIS projects for efficiency and effectiveness
question
Which of the following is not a typical CRM metric?
answer
inventory metrics
question
What is a management system, in addition to a measurement system, that enables organizations to clarify their vision and strategy and translate them into action?
answer
the balanced scorecard
question
Which of the following is a type of metric based on website data?
answer
# of visits to the website, # of abandoned registrations, # of abandoned shopping carts
question
On the graph depicting the interrelationships between efficiency and effectiveness, where does an organization ideally want to operate?
answer
upper right hand corner
question
The balanced scorecard was developed by Drs. Robert Kaplan of the Harvard Business School and David Norton. Which systems does the balanced scorecard measure?
answer
BRP and ERP
question
According to Peter Drucker, what are managers who DO THE RIGHT THINGS addressing?
answer
effectiveness
question
Which of the following is a type of SCM metric?
answer
customer order promised cycle time and order cycle time and Inventory replenishment cycle time
question
What do most companies measure to determine the success of their websites?
answer
traffic