MIS 301 Midterm

can occur only at the level of personal information systems

Information silos

Develop own intellectual property, produce innovative system, charge a premium.

Innovation

studying MIS will give you the background you need to assess, evaluate, and apply emerging information systems technology to business

Introduction to MIS is the most important class in today's Business School Programs because ____________

10.5%

Last year, Walmart invested ____ billion dollars on information technology.

8

Last year, __ % of those who bought household products at Walmart also did so at Amazon.

Companies seeking employees

LinkedIn main source of revenue comes from:

Maximize plant capacity, aim for the market serving low-cost vehicles in emerging markets.

Low Initial Cost

Perform a quality makeover, and aim for offering superior value through life-long quality.

Low Lifetime Cost

Tripled

Over the past three years, LinkedIn's membership has

create an abstraction or model of the organization's current processes

To have an informed and effective discussion in evaluating the 3D printing opportunity, the managers should...

facilitate the organization's competitive strategy

To those in the MIS field, Porter's requirements for an organization to be effective means that all information systems in the organization must

Information systems

Which of the following should be the final stage in a typical planning process used by many organizations to develop plans for their information systems?

Develop new business processes and possibly information systems to support that activity.

Which of the following statements BEST describes what an organization needs to do if it adopts 3D printing for some of its own parts?

ERP systems apply only to manufacturing companies; they cannot be used for service industry companies.

Which of the following statements about Enterprise Resource Planning (ERP) systems is NOT correct?

An effective business process is one that enables the organization to accomplish its strategy.

Which of the following statements about process quality is true?

The job of agencies will shift from finding candidates to evaluating fit

Which of the following statements about recruiting agencies is correct:

Swimlane format is a graphical arrangement in which all of the activities for a given role are shown in a single vertical lane.

Which of the following statements about the swimlane format is correct?

I can send you the data.

Which of the following statements is correct?

All information systems support businesses.

Which of the following statements is incorrect?

The threat of new entrants is medium due to their existing vendor knowledge.

Which of the following statements regarding GearUp's analysis of competitive forces is correct?

IS drives the development of a new IT.

Which of the following statements regarding information technology (IT) and information systems (IS) is FALSE?

-Innovation -Customer Integration

Which of the proposed strategies are niche focused? Select all that apply.

Provide frequent status updates to friends and colleagues

Which of these activities are NOT a common activity among LinkedIn members?

90% of Americans shop at Walmart once or more during a year.

Which one of the following statements correctly reflects the article?

Workgroup

Which one of the following types of information systems, based on the scope of the organizational unit, is used to facilitate the activities of a group of people?

Car makers

Who are Delta/Signal Corp's main customers?

fans

Who are the "customers" in the Metaphorical Strategy Map that is depicted? Instead of customer there are ___ .?

increase process effectiveness and increase process efficiency

With regard to business processes, information systems can...

2

__ of these strategies target luxury car makers.

2

____ of these strategies target economy car makers.

Amazon Prime

According to the graph, what outlet has the shoppers with the highest average household income?

truncation

Information is data that has been processed by any combination of the following operations EXCEPT...

50

According to Gartner Group, __ % of large US firms may have adopted the Balanced Scorecard

Top-level executives seeking a new job top-level job

According to the article, LinkedIn are least like to cater to the following people:

it want to create a hub for its product and services

Amazon is launching Fire Phone because

it has been focusing on growing beyond online retailing

Amazon is not earning high profits because

mix of online, store channel, and hybrid (both online and store)

Amazon main competitors are

Online retailing, cloud computing-services, tablets, digital content provider, marketplace provider

Amazon makes revenue from the areas:

thirty times as many items as Wal-Mart

Amazon offers about

its integration of products and services around online shopping

Amazon¿s flywheel represents

10.4%

American e-commerce accounted for ___ of retail sale last year.

You would be responsible for ensuring that the passwords you create are strong.

As an employee in a business organization, which of the following responsibilities would characterize your role in IS security?

10$ per hour

As of February 1st, what would trained-up workers at Walmart earn at minimum?

is an international standard for creating business process diagrams

Business process modeling notation (BPMN)...

Facebook will provide the hardware and programs, the database structures, and the standard procedures for your company's Facebook page.

Consider a case where your organization wants to develop a Facebook page. Which of the following statements descending this case would be correct?

Each company will implement these value chain activities using business processes that are consistent with its respective competitive strategy.

Consider two companies that have the same set of value chain activities. Which of the following statements regarding business processes and information systems in these two companies is correct?

Work closely with customer and other suppliers to provide comprehensive systems, build close customer partnerships.

Customer Integration

Two to one

Customers at Walmart outnumber the voters in America's presidential election of 2012 almost

-In October. its share price fell 10% in one day -Profits are expected to fall by 6%-12% -154 stores in America is announced to close

How has the rise in wages directly impacted Walmart's earnings, stock price, and general outlook (check all that apply)?

"No Questions Asked" Replacement Policy

If the objective is "Reputation for Standing Behind Quality", what initiative(s) should the company invest in? Select all that applies.

roughly a quarter of potential customers

In US and Canada, Amazon can do deliver the same day to about

feature and quality, and relatively affordable prices

In terms of business model, Amazon

1st in the world

In terms of retail space per person, America is ranked

focus on both online as well as "brick and mortar"

In the future, Walmart will

-Make stores more pleasant thereby appealing to more affluent customers. -Give workers more freedom to innovate -Boost productivity

Increasing minimum wages at Walmart is part of what strategic initiative (check all that apply)?

The addition of new potential customers to a manufacturing company's database in the sales and marketing function

Porter's model of business activities includes linkages, which are interactions across value activities. Which of the following is NOT an example of linkage across value activities?

-Is often arranged hieratically according to the four main key areas to be managed -Illustrates how value is created for the organization -Highlight the connection among strategic objectives depicted as a cause-and-effect chain

Strategy maps... (select all that apply)

100% MORE than Amazon.com

Shipping packages at Walmart.com is thought to cost roughly

-Finding the best number of different-sized boxes to use for e-commerce shipping -Switching from curved noodles to straight ones -Encourage developing concentrated versions of detergent -Giving bakers new scrapers for icing, to get more out from the tub

Some of Walmart's efficiency initiatives mentioned in this article includes (check all that apply):

-Set targets and thresholds -Describe the intended result(s) -Define composite indicators as needed -Define and document selected performance measures

Some of the KPI development steps mentioned was (select all that apply)

4

The case outlines __ possible strategies to present to the board.

-Can be harder to identify and measure -The only indicator that can be directly influenced

The following is true about leading performance measures

Get rid of all hiring agencies

The following were listed as benefits to companies, except:

-Targets -Initiatives -Objectives -Measures

The key questions for each of the perspectives/areas concerns... (select all that apply)?

from a combination of online as well as physical store retailers

The largest competitive threats Walmart is facing stem

60% passive job seekers, 25% active job seekers, 15% non-job seekers

The members of LinkedIn can be categorized as:

-Even terrible teams can make money for a short while -To be successful in the long run, organizations have to build capacity, win games, and please fans and make money all at the same time -You can have short term financially success although your long-term strategy don't make sense -Financial measures alone can give an inaccurate impression of true performance

The moral of the balanced scorecard sports metaphor is (select all that apply)?

Its dashboard highlighting selected KPIs

The photo from the Sierra Nevada Brewing company shows

Financial and non-financial measures

The purpose with Balanced Scorecards is to find a balance between

slightly more mid-sized stores than supercenters

This year, Walmart will roughly open

# Auto Models Where Company is Lead Supplier

To check the progress/outcome of the objective "Increase Lead Supplier Partnerships", what metric must be checked?

-Pickup lanes for groceries ordered online -Drastically increasing its selection of products online -An annual fee for free delivery

To compete directly with Amazon, some of the initiatives Walmart is testing out includes (select all that apply):

shift strategy both for its physical stores as well as its online business

To continue to prosper, Walmart must

- It creates a roadmap for how an organization should execute its strategies -Provides "marching orders" for the organization on a daily basis. -Helps planners identify what should be done and measured.

What are some of the mentioned benefits of the Balanced Scorecard?

Management information systems

What does the acronym "MIS" stand for?

A departmental silo is the condition that exists when data are isolated in separated information systems used by different departments.

What is a departmental information silo?

-Revenue is down -Cost is up -Stock prices are slipping -Losing market share

What is the situation facing the company? Select all that apply.

Either the value must be increased, or the costs of the value chain need to be reduced.

What must a company do if a value chain's margin is negative?

-Knowledge and growth -Internal processes -Customer -Finance

What were the key areas that was managed by successful businesses? Select all that apply.

the data are available in time for their intended use

When data are said to be timely, that means that

Guide governments in formulating new labor laws

Which if the following was NOT mentioned in the article as a secondary benefit or broader impact of LinkedIn?

sell its products in stores, like for example Dell

Which is NOT one of the (potential) growth strategies of Amazon mentioned in the article

-Valued Development Partner in Luxury Segment -Reputation for Innovation & Technology

Which of the following are CUSTOMER objectives? Select all that apply.

-# of JIT/Lean Process Engineers -Technology Product Trends Identified

Which of the following are LEARNING & GROWTH metrics? Select all that apply.

Order entry and budgeting are used in the manufacturing department.

Which of the following incorrectly associates examples of departmental information system applications with the departmental system they apply to?

It is applicable only to manufacturing.

Which of the following incorrectly describes the generic value chain?

Lowest cost IT vendors

Which of the following is NOT a factor to consider in analyzing industry structure as part of an organization's information systems planning process?

Information technologies

Which of the following is NOT a marketable skill as defined by former Secretary of Labor Robert Reich?

The hard drive inside your desktop computer

Which of the following is NOT an example of an information system?

The organization's information systems

Which of the following is NOT one of the factors that Porter cites that must be consistent with an organization's strategy if that organization is to be effective?

Social media advertising

Which of the following is NOT one of the four phases of the customer life cycle that are supported by CRM systems?

Trans-Internet

Which of the following is NOT one of the four types of information systems that vary according to the scope of the organizational unit?

If customers are loyal to the company or brand, then the strength of the competitive forces is low.

Which of the following is a correct statement regarding competitive forces in Porter's model?

3B47qq5!7b

Which of the following is an example of a strong password?

A paper calendar hanging on the wall outside of a conference room that is used to schedule the room's use

Which of the following is an example of an information system that is NOT a computer-based information system (CBIS)?

SCM (Supply Chain Management)

Which of the following is an inter-enterprise system?

Accurate, timely, relevant, economical (worth its cost), and just barely sufficient

Which of the following present a complete set of data characteristics that are necessary for quality information?