COB 204 ch.5
Semi-structured
A company's annual employee evaluation best fits which type of decision? a) unstructured b) structured c) semi-structured d) confrontational e) wisdom
Design
Amanda is working for the CEO of a small company. He is trying to make a strategic decision about a new product. He has asked Amanda to build a model the represents and simplifies the problem. Amanda's boss is in the ______________ phase of the decision-making process a) implementation b) choice. c) design d) intelligence e) consideration
data mining, OLAP, multi-dimensional analysis
Businesses use these to determine customer's patterns
simulate the solution
Choice is when you _____
Structured and operational control
Computer support is greatest for which of the following problems? a) semistructured and strategic planning b) unstructured and operational control c) structured and operational control d) semistructured and management control e) structured and management control
Data mining
Credit card companies would most likely use which of the following to check for fraudulent credit card use? a) Data mining b) Expert systems c) Neural networks d) Multidimensional data analysis e) Structured query language
not specific, goal driven
Data mining is _____ ______ while OLAP is _____ ______
solution in theory
Design is where you come up with a ___
Intelligence, design, choice, implementation
Four aspects of the decisions making role
Intelligence
In the _____ phase of the decision-making process, managers examine a situation and identify and define the problem. a) implementation b) choice c) design d) intelligence e) consideration
Choice
In the _____ phase of the decision-making process, managers test potential solutions "on paper." a) implementation b) choice c) design d) intelligence e) consideration
find the problem
Intelligence is where you ______
interpersonal
Liaison is a ____ role
Structured
Rank-and-file employees tend to make more _________ decisions. a) structured b) unstructured c) undocumented d) semi-structured e) procedural
Structured
The type of decision that can be made by following a definite procedure is called a(n) ______ decision. a) structured b) unstructured c) undocumented d) semistructured e) procedural
No specific objectives, prediction, patter identification
Three things thats identify data mining
The first three phases of the decisions-making process need not occur in any particular sequence
Which of the following is not a characteristic of a structured decision? a) It is routine. b) It is repetitive. c) Human intuition is not involved. d) The first three phases of the decision-making process need not occur in any particular sequence e) Standard solutionsexist.
Spokesperson
Which of the following is not a decisional role of managers? a) spokesperson b) resource allocator c) entrepreneur d) negotiator
Spokesperson
Which of the following is not an informational role of a manager? a) spokesperson b) analyzer c) disseminator d) liaison
Monitor
Which of the following is not an interpersonal role of a manager? a) figurehead b) monitor c) leader d) liaison
Management
_____ is the process by which organizational goals are achieved through the use of organizational resources. a) Organizational decision making b) Operations c) Organizational strategy d) Organizational productivity e) Management
Structured
________ decisions are more common at lower organizational levels. a) Structured b) Unstructured c) Undocumented d) Semi-structured e) Procedural
Dashboard
a BI application that provides rapid access to timely information and direct access to management reports
Business Intelligence
a broad category of applications, technologies, and processes for gathering, storing, accessing, and analyzing data to help business users make better decisions
Decision
a choice that individuals and groups make among two or more alternatives
Geographic information systems
a computer-based system for capturing, integrating, manipulating, and displaying data using digitized maps
Management
a process by which an organization achieves its goals through the use of resources
OLAP or Multidimensional data analysis
a set of capabilities for "slicing and dicing" data using dimensions and measures associated with the data
Model
a simplified representation, or abstraction, of reality
Reality mining
allows analysts to extract information from the usage patterns of mobile phones and other wireless devices
Decision support systems
business intelligence systems that combine models and data in an attempt to solve semistructured and some unstructured problems with extensive user involvement
Corporate Performance Management
the area of business intelligence involved with monitoring and managing an organization's performance, according to key performance indicators such as revenue, return on investment, overheard, and operational costs
Data Mining
the process of searching for valuable business information in a large database, data warehouse, or data mart
Productivity
the ratio between the inputs to a process and the outputs from that process
interpersonal, informational, decisional
what roles do all managers perform