MIS Exam 1 Review
what is a psetel analysis
A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation
The two main components of a processor are the control and the ________.
Arithmetic Logic Unit (ALU)
what are porters 5 forces
Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry.
Which is the best explanation of why technology is highlighted in a PESTEL analysis?
Failing to keep up with advances in technology can harm an organization's competitiveness.
The ________ is a separate processor (computer) on your computer that enhances your video.
GPU
what are the steps in the decision making process created by herbert simpson
Intelligence: Gathering information and recognizing that a problem exists. Design: Creating, developing and analyzing possible alternatives. Choice: Choosing among the alternatives — this is where the solutions are identified. Implementation: Applying the choice and monitoring its effectiveness
How are managers' jobs expected to change as management information system (MIS) technology and tools improve?
Managers will be freed from tasks performed by online services or staff using collaboration tools.
In terms of information quality, define "consistency" as a factor.
Multiple versions of a single item of data should be the same.
what are the 5 p's of swot?
Plan, Ploy, Pattern, Position and Perspective
What is the most likely reason that unstructured decisions are typically made by higher-level management?
They require strategic, long-term thinking.
What is the key role of a client-server network in business?
To provide personal computer users secured access to shared data.
The primary advantage of mainframes computers is that they
allow modifications to system capacity while the system is in use.
The two main factors that affect the speed of the processor are clock speed and ________.
bus width
Clock speed, also known as ________, is the speed at which the processor performs the operations required to run a digital device and the digital device's instructions.
clock rate
In a multiple-criteria decision analysis (MCDA), what are you doing when you are identifying available options?
comparing different options in order to determine which are best candidates for measure
The Data Management Body of Knowledge (DMBOK) defines the planning, implementation, and control of activities that apply quality management techniques to data as
data quality (DQ).
What is the second step in the decision-making process created by Herbert Simpson?
design
Using technology to transform a market or to create an entirely new market is called creating a(n) ________ innovation.
disruptive
Which type of MIS report pinpoints outliers that vary from the norm, such as when a production quota falls below forecasted levels?
exception reports
Corporate-level managers/executives are responsible for making decisions that impact profitability and the short-term and long-term success of an organization. To get the information they need, managers rely on output provided from
executive support system
Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon
first-mover advantage.
The business world is overwhelmed by data. It estimated that 1.7MB of data is created every second by every person. Data volume has grown substantially in the last few years, when 90% of the world's data has been created. Of the following, what is the most useful fully computerized tool that can directly translate data into decisions and solutions?
high-velocity automated decision making
According to Mintzberg, managers take part in what organizational role when they disseminate information and strategic objectives to their subordinates?
informational
With a product differentiation strategy, a company charges more for its product than its competitors charge for theirs because:
its product is unique in a way that justifies the higher price.
The information in the memory (the RAM, the caches, the registers) is ________ when a computer is shut down.
not saved
Which element of the belief action outcome (BAO) framework explains the methods used to measure and monitor the belief and action steps of the framework?
outcome terminology
A branch manager for a national car rental company is in the process of conducting a SWOT analysis for her location. Which of the 5 Ps can she examine using the company's inventory management system for its rental fleet?
plant (physical attributes or resources)
Professor Michael E. Porter published "How Competitive Forces Shape Strategy" in the Harvard Business Review. In this paper, he described how all organizations must develop plans to deal with certain factors if they wish to succeed, or even continue to exist. These became known as
porters 5 forces
The type of storage that retains data and information when the power is turned off is called ________.
rom
Which PESTEL factor can managers monitor by improving communications throughout the organization and gaining better perceptions of consumers' opinions using CRM software?
sociocultural
A terabyte equals approximately one ________ bytes?
trillion
