information management systems midterm exam

What is legendary GE CEO Jack Welch quoted as saying about competition?

"If you don't have a competitive advantage, don't compete."

Creating an entirely new market is an example of a ________ ocean strategy.

Blue

refers to the practice of consolidating data from multiple sources into a single centralized location, such as a database or data warehouse. This can facilitate easier access to data and improve data quality, but it can also create challenges related to data security and privacy.

Data centralization

helps administrators track and monitor employee activity on company devices and networks. This may include monitoring internet usage, email correspondence, and time spent on specific applications or tasks.

Employee monitoring software

Which system is able to create purchase orders, manage inventory, and forecast future inventory needs?

Enterprise Resource Planning (ERP)

What does ERD stand for?

Entity Relationship Diagram

a type of decision support system designed specifically to support senior executives in making strategic decisions. It typically provides high-level summaries of data from various sources, often using data visualization tools, to help executives quickly identify trends and patterns.

Executive support system

Is this true? Decision making involves the examination of loosely defined solution alternatives designed to overcome a problem.

False. (Decision making does involve examining solution alternatives, but they should not be loosely defined. Instead, the solution alternatives should be well-defined and thoroughly evaluated in terms of their feasibility, effectiveness, and potential outcomes.)

Is this a true statement? In a business setting, personal computers are most often used by remote workers who travel or do not report to an office.

False. (Personal computers are commonly used in many business settings by all types of workers, not just remote workers. Personal computers are essential tools for tasks such as email communication, data analysis, content creation, and many other business activities.)

How do "green computing" and management information systems (MIS) relate?

Green computing refers to the design and use of computing resources in an environmentally sustainable manner. Management information systems (MIS) are systems designed to help organizations collect, process, and manage information to support decision-making and other business processes. Green computing can be incorporated into MIS by designing systems that minimize energy consumption and reduce environmental impact.

What are Herbert Simpson's (Simon?) four-stage process for decision making?

Intelligence Phase. Design Phase. Choice Phase. Implementation Phase. (unverified answer)

a manufacturing philosophy that emphasizes producing goods or delivering services just in time to meet customer demand, and minimizing inventory costs.

Just-in-time manufacturing

a strategic planning tool used to assess the Political, Economic, Social, Technological, Environmental, and Legal factors that may affect an organization.

PESTEL analysis

RAM storage and ________ processing are two main in-memory computing components.

Parallel

When data is anonymized, the PII is eliminated or encrypted. PII includes names, Social Security numbers, addresses, and more and stands for ______ identifiable information

Personally

What does PESTEL stand for?

Political Economic Sociocultural Technological Environmental Legal

a programming language used to manage and manipulate data in relational databases. It can be used to create, modify, and retrieve data from databases, as well as to perform functions such as sorting, filtering, and aggregating data.

SQL

a strategic planning tool used to identify an organization's internal strengths and weaknesses and external opportunities and threats.

SWOT analysis

a strategic planning tool used to identify an organization's strengths, weaknesses, opportunities, and threats.

SWOT analysis

Why telecommuting is an environmentally friendly practice?

Telecommuting, or working from home or another location outside of the office, can be an environmentally friendly practice because it reduces the need for daily commuting, which can result in lower carbon emissions from transportation. Additionally, it can reduce the energy consumption of office buildings, as fewer employees are working on-site.

What are data administrators responsible for?

This person usually reports directly to top management and is given a higher degree of responsibility and authority than the DBA. (responsible for managing and maintaining an organization's data resources, including databases, data warehouses, and other data management systems.)

Is this correct? ERD is a method of describing the architecture of databases structurally by using tables.

True.

Is this a true statement?: Structured decisions are management decisions that involve tasks and choices facilitated by prescribed and definite procedures for how they should be handled.

True. (Structured decisions are typically routine and involve well-defined problems that have established solutions, and are often supported by computer-based information systems.)

A business must not only look at its direct competitors. Porter refers to this as?

broader industry analysis, where a business must consider the competitive forces beyond direct competitors, such as the bargaining power of suppliers and buyers, the threat of new entrants, and the availability of substitute products or services

How might a professor use an LMS to keep track of attendance in a class that is held face to face?

by having students sign in to the LMS to indicate their attendance, or by using the LMS's attendance tracking features.

What is the impact of management information systems (MIS) for communication?

by providing real-time access to accurate and relevant data, improving coordination and collaboration among employees, and enabling faster and more informed decision-making.

Which PESTEL factor can managers monitor by improving communications throughout the organization and gaining better perceptions of consumers' opinions using CRM software?

can monitor the "socio-cultural" factor in the PESTEL framework by improving communication and gaining better insights into consumers' opinions and behaviors through CRM (Customer Relationship Management) software.

a column that contains the same type of data across multiple records. For example, a customer database may have a ________ __________ for "name" or "email address." We use this to organize and sort data within the database, making it easier to search and retrieve specific information.

common field

We use this OLAP for a range of ________ discovery activities, including report creation and analysis, analytical calculations, forecasting, budgeting, planning, and what-if predicative analysis.

data

a set of guidelines and procedures that define how an organization manages, uses, protects, and shares its data assets.

data governing policies

What is the second step in the decision-making process created by Herbert Simpson (Simon?)

gather information and generate alternatives

a process in which decisions are made based on a specific set of criteria or objectives. This approach involves identifying the key factors that are critical to the decision and focusing on those factors in the decision-making process

high-targeted decision making

Frederick Taylor used time-and-motion studies to

improve the efficiency of work processes by analyzing and breaking down each task into its component parts, then redesigning the process to eliminate unnecessary motions and improve productivity.

What did Adam Smith propose in his Invisible Hand theory?

in a free market economy, the self-interested actions of individuals and businesses would lead to an efficient allocation of resources, even in the absence of central planning or control.

Databases are designed to keep data and information about different types of data objects, including objects, events, ________, and places.

people

A company uses an HR management system with artificial intelligence to deliver badges to the employees who have received the best scores in annual online training modules and let managers know which employees have not completed it as the deadline approaches. What function is this HR management system helping the company perform?

performance management, specifically in regards to employee training and development.

What did Henri Fayol consider to be the main roles or responsibilities of a manager?

planning, organizing, commanding, coordinating, and controlling. (administrative management theory)

Parameter queries ________ the user for values to execute/run a query.

prompts

Mainframes were originally developed for their----------

reliability of handling transactions

What does SWOT stand for?

strengths, weaknesses, opportunities, threats

refers to the rules governing the structure and composition of programing languages

syntax

What is Porter's 5 forces?

the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services, and the intensity of competitive rivalry.

According to Peter Drucker what is the most important responsibility of a corporation?

to create value for its customers.

What is the purpose of management according to Frederick Taylor?

to maximize the output of workers through careful analysis and planning of work processes, standardization, and providing the necessary tools and training.

Database Management Systems (DBMS) assign users different access rules to protect the data and users from?

unauthorized access, modification, or destruction.

Did the force of customers increase with the increasing presence of Internet e-commerce sites?

yes. it has made it easier for customers to access and purchase products and services online. This may increase the bargaining power of customers by providing them with more options and greater convenience.