MIS 9,10,11,12 – Flashcards

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A distortion of information about the demand for a product as it passes from one entity to the next across the supply chain is called the ________ effect.
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bullwhip
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Concurrent supply chains are made possible by which technology?
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The Internet
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Why is overstocking warehouses not an effective solution for a problem of low availability?
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It increases inventory costs
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A suite of integrated software modules for finance and accounting, human resources, manufacturing and production, and sales and marketing that allows data to be used by multiple functions and business processes best describes
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ERP systems.
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Which of the following is not an example of next-generation enterprise applications
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Stand-alone suites
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CRM systems help businesses obtain which business objective?
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Customer and supplier intimacy
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A scheduling system for minimizing inventory by having components arrive exactly at the moment they are needed and finished goods shipped as soon as they leave the assembly line best describes a ________ strategy.
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just-in-time
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The business value of an effective supply-chain management system includes all of the following except:
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increased inventory levels
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A network of organizations and business processes for procuring raw materials, transforming these materials into intermediate and finished products, and distributing the finished products to customers is called a:
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supply chain
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A company's organizations and processes for distributing and delivering products to the final customers is the
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downstream portion of the supply chain
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Which of the following business objectives would be most helped by implementing an enterprise applications
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Customer and supplier intimacy
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The measurement of the number of customers who stop using or purchasing products or services from a company is called:
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churn rate.
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Enterprise application vendors are now including ________ features, such as tools for data visualization, flexible reporting, and ad hoc analysis, as part of the application
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business intelligence
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________ modules in CRM systems help sales staff increase their productivity by focusing sales efforts on the most profitable customers, those who are good candidates for sales and services
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SFA
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Analyzing customer buying patterns is an example of:
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analytical CRM.
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Concurrent supply chains are made possible by which technology?
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The Internet
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A company's suppliers, supplier's suppliers, and the processes for managing relationships with them is the
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upstream portion of the supply chain.
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A supply chain driven by actual customer orders or purchases follows a ________ model
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pull-based model
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In which of the following revenue models does a Web site charge a fee for access to some or all of its offerings on a continual, regular basis?
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Subscription
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The effort required to locate a suitable product is called:
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search costs.
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Exposing an individual to ads that are chosen and based on the recorded and analyzed online behavior of the individual is referred to as:
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behavioral targeting
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Information density refers to the:
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total amount and quantity of information available to all market participants
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The integration of video, audio, and text marketing messages into a single marketing message and consumer experience describes which dimension of e-commerce technology?
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Richness
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Which of the following best illustrates the transaction fee revenue model
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eBay receives a small fee from a seller if a seller is successful in selling an item.
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The process of sourcing goods and materials, negotiating with suppliers, paying for goods, and making delivery arrangements is called:
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procurement.
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Based on your reading of the chapter, e-commerce is:
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still in a revolutionary phase.
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Compared to digital markets, traditional markets have:
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higher transaction costs
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Which of the following statements about m-commerce is not true?
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In 2013, the main areas of growth are in online banking and location-based services
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eBay is an example of:
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C2C e-commerce
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Digital goods are goods that are:
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delivered digitally
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The quality of ubiquity, as it relates to e-commerce, is illustrated by:
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the availability of the Internet everywhere and anytime.
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Which of the following businesses utilize the content provider Internet business model?
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CNN.com
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Selling the same goods to different targeted groups at different prices is called:
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price discrimination.
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The act of engaging consumers in a dialog that dynamically adjusts the experience to the individual describes which dimension of e-commerce technology?
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Interactivity
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What are the two major types of knowledge management systems?
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Enterprise-wide knowledge management systems and knowledge work systems
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Deciding whether to introduce a new product line is an example of a(n):
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unstructured decision
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A(n) ________ table is a spreadsheet feature that displays two or more dimensions of data in a convenient format.
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pivot
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Where there is no well-understood or agreed-on procedure for making a decision, it is said to be:
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unstructured.
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Why is the balanced scorecard method said to be "balanced"?
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It measures performance of more than just financial systems
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Which of the following is a key problem in managing knowledge?
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Classifying knowledge
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________ intelligence technology consists of computer-based systems that attempt to emulate human behavior and thought patterns.
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Artificial
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Expert systems:
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work in very limited domains.
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Which phase of decision making finds or recognizes a problem?
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Intelligence
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________ are intelligent techniques that parallel some aspects of the processing patterns of the biological brain.
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Neural networks
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What type of model asks what-if questions repeatedly to determine the impact on outcomes of changes in one or more factors?
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Sensitivity analysis
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Tools for the management, delivery, tracking, and assessment of various types of employee learning best describes:
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learning management systems.
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Operational management typically makes which type of decisions?
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Structured
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Estimating the number of direct goods to reorder falls into which category of decision making?
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Structured
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Why does improving a small, routine decision have business value for a company?
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A small decision has business value when added with all the other small decisions made in the company
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Expertise and experience of organizational members that has not been formally documented best describes
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tacit knowledge.
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Unit testing:
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tests each individual program separately
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A systems analysis includes a ________ that is used to determine whether the solution is achievable from a financial, technical, and organizational standpoint.
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feasibility study
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When systems are created rapidly, without a formal development methodology
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testing and documentation may be inadequate
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A ________ shows each task as a horizontal bar whose length is proportional to the time required to complete it.
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Gantt chart
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Users prefer systems that:
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are oriented to facilitating organizational tasks and solving business problems.
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________ are intangible benefits of information systems
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Improved asset utilization, increased organizational learning, and improved operations
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________ refers to the application of knowledge, skills, tools, and techniques to achieve specific targets within specified budget and time constraints
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Project management
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In a data flow diagram, external entities are represented by:
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square boxes
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Order the following steps in the systems development lifecycle in the correct sequence.
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Systems analysis, systems design, programming, testing, conversion, production and maintenance
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In a parallel conversion strategy, the new system:
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and the old are run together
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In a direct cutover conversion strategy, the new system:
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replaces the old one at an appointed time.
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The entire system-building effort is driven by:
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user information requirements
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The project risk will rise if the project team and the IS staff lack:
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the required technical expertise
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The primary tool for representing a system's component processes and the flow of data between them is the:
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data flow diagram
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Transferring data from a legacy system to the new system would be defined by which system design specification category?
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Conversion
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Which of the following traditional solutions enables manufacturers to deal with uncertainties in the supply chain?
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Safety Stock
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______ modules use many of the same data, tools, and systems as CRM to enhance collaboration between company and its selling partners.
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PRM
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Through what channel did e-commerce first evolve?
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Online advertising sales
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Which of the following social commerce features allows social network sites to gather and distribute to others information about which products a user likes and dislikes?
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Network notification
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Compared to traditional goods, digital goods incur:
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lower distribution costs
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_____ are an essential component of a knowledge work system.
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Links to external knowledge bases
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Which of the following BI functionalities would you use to assess how customers would respond to a price change in your product?
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Predictive analytics
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From your reading of the chapter's opening case, Nvidia implemented new information systems in order to achieve which of the main six business objectives?
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Improved decision making
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The lowered costs of information storage, processing, and communication, along with the improvement of data quality, has resulted in which unique quality of e-commerce?
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Information density
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Which of the following Internet business models does Amazon.com use?
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E-tailer
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Geoadvertising sends ads to users based on their
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GPS locations
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________ decisions are most common at higher levels of management
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Unstructured
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A(n) ________ capability allows users to view more detailed views of data.
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drill-down
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Simon's four different stages in decision making are, in order from first to last:
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intelligence, design, choice, and implementation.
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The oldest method for building information systems is:
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the systems development lifecycle
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Changes in hardware, software, documentation, or production to a production system to correct errors, meet new requirements, or improve processing efficiencies are termed:
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maintenance
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________ are tangible benefits of information systems.
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Reduced workforce, lower outside vendor costs, and increased productivity
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Object-oriented development could potentially reduce the time and cost of writing software because:
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Because objects are reusable
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The term structured, when discussing structured methodologies, refers to the fact that:
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the techniques are step by step, with each step building on the previous one
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