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5 Written questions

5 Matching questions

  1. Support activities
  2. Predictive analysis
  3. Semistructured decisons
  4. Supply chain
  5. Product differentiation strategy
  1. a uses data warehouses and complex algorithms to forecast future events, based on historical trends and calculated probabilities.
  2. b All the stages in the production process from obtaining raw materials to selling to the consumer - from point of origin to point of consumption
  3. c are characterized by incomplete decision making rules and the need for subjective assessments and judgments to supplement formal data analysis
  4. d Supports primary activities
  5. e entails adding features or services not provided by competitors to a product so you can charge customers a premium price.

5 Multiple choice questions

  1. are facts that are collected, recorded, stored, and processed by an information system
  2. eliminates duplicate recording, storage, reporting, and other processing activities in an organization
  3. repetitive, routine, and understood well enough that they can be delegated to lower level employees in the organization
  4. the state of having more information than one can process
  5. the condition that exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone

5 True/False questions

  1. Unstructured decisionsare nonrecurring and non routine decisions.

          

  2. Systems ConceptA set of 2 or more interrelated components that interact to achieve a goal. They are almost always composed of smaller subsystems, each performing a specific function important to and supportive of the larger system of which it is a part.

          

  3. Strategic planningThe process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals.

          

  4. Value chainThe series of departments that carry out value-creating activities to design, produce, market, deliver, and support a firm's products.

          

  5. SystemA set of 2 or more interrelated components that interact to achieve a goal. They are almost always composed of smaller subsystems, each performing a specific function important to and supportive of the larger system of which it is a part.

          

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