BCOR
Which of the following is an example of data that would best be conveyed using data visualization to help a manager make a decision?
A manager at a startup wants to decide which city to target based on the percentage of a city's citizens that do not have at home internet access but do have a smartphone. The company has this information for the citizens of 15 similar-sized cities.
Which stage of the project management process involves documenting the lessons learned during the project's execution?
Closure Stage
Why is it important for managers to seek buy-in from stakeholders when implementing new business intelligence (BI) software? More than one answer may be selected.
In order for BI software to be worthwhile, users need to understand the process. If users find the BI software to cumbersome to use, the data that it generates will lead managers to make suboptimal decisions.
Which of the following is the data analytics software platform run by Google?
Looker
What occurs during the process optimization step of business process management?
Managers adapt (modify) the process to enhance process performance.
Which phase of the project management process involves feasibility studies?
Phase 1: initiation phase
Which of the following are services commonly provided by project management systems software? More than one answer may be selected.
Provide a visual description of the project's progress. Provide storage for shared documents. Provide automatic rescheduling of tasks.
An appropriate and consistent compensation plan is necessary for which of the following categories of employees? More than one answer may be correct.
Salaried Workers Hourly Workers Contact Workers
During which step of business process management are bottlenecks and excesses in the engine identified?
Step 4: process monitoring
What occurs in the process execution step of business process management?
The business process execution language engine is run.
Which of the following is an example of good use of permission levels within project management software? More than one answer may be selected.
The company does not want its vendors to know what they are paying other vendors. Senior management wants to maintain control over information that is considered confidential.
Which statement best describes the overall, long-term cost of a cloud-based business management system?
The cost is difficult to estimate because the cloud storage provider can raise its subscription fees multiple times.
Why would a business choose to implement a business intelligence (BI) software system that their employees are already familiar with?
User familiarity will make the implementation easier and as seamless as possible.
Which component of a business management system can help a manager check and report on the company's current inventory?
a database management system (DBMS)
From the following list, select the major components that business management systems need in order to provide the services expected today.
a database management system (DBMS) a predictive information system a decision-making information system
Recognizing that inappropriate and inconsistent pay can demotivate the strongest workforce, many firms use
compensation management software.
Which part of Business Intelligence (BI) software platforms displays an overview of the data that is presented?
dashboard presentation
Payscale.com, Payfactors.com, and Salary.com are sites that offer
employee compensation management solutions.
Benefits administration involves the human resource (HR) function of
enrolling, maintaining, managing, and discontinuing employee benefits.
Which three of the following phrases apply to aspects of inventory optimization?
estimates of the accuracy of reordering points and order quantity levels triggers for automatic reordering provision of data to aid accurate ordering in the future
Recruiting and hiring management software can help HR managers evaluate how their organization's future staffing needs are influenced by
internal factors such as employee turnover and external factors such as public demand for the organization's products.
Along with salary, human resources (HR) managers typically need to track employee hiring dates, marital status, number of dependents, and benefits choices and usage. To ensure this is done correctly, nearly all firms use a system that
manages benefits.
During the optimization process step of business process management, what are two key things manager look for in the process?
potential slowdowns and savings opportunities
Describe project requirements that should be addressed during the initiation phase (the first stage) of the project management process. More than one answer may be correct.
projected timeline for deliverables is developed stakeholders in the project are identified statement of work or other working agreement is created
Decision-making management information systems are necessary because
the amount of information available far exceeds any manager's ability to use it.
Why is the meeting between all project stakeholders and key players scheduled as the final step in the planning phase?
the budgets and timelines need to be finalized before stakeholders and key players can understand the scope of the projects and their role within the project
In what case or cases might a business not opt for an enterprise resource planning system that includes a customer relationship management system? More than one answer may be correct.
when it is a smaller organization when it prefers a cloud-based software as a service (SaaS) package
The practice of human resources management originated
with or before the ancient Egyptians, who had many scribes and priests dedicated to organizing workforces.