Deck 4: Decisions-Processes

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Question
Business-facing processes or back-office processes are invisible to the external customer but essential to the effective management and operation of the business.
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Question
Unstructured decisions occur in situations in which no procedures or rules exist to guide decision makers towards the correct choice.
Question
Business processes should never drive MIS choices and should be based on business strategies and goals.
Question
The primary goal of an As-Is process model is to simplify,eliminate and improve the To-Be processes.
Question
MIS support systems rely on models for computational and analytical routines that mathematically express relationships among variables.
Question
Improving the efficiency and effectiveness of its business processes improves a firm's value chain.
Question
A neural network is a category of efficiency metrics where it attempts to measure the way the human brain works.
Question
Strategic planning is a customer-facing business process.
Question
A business management system is a graphic description of a process,showing the sequence of process tasks,which is developed for a specific purpose and from a selected viewpoint.
Question
At the strategic decision-making level,employees develop,control and maintain core business activities.
Question
Streamlining information encompasses all of the information contained within a single business process or unit of work,and its primary purpose is to support the performing of daily operational or structured decisions.
Question
Operational decisions or semi-structured decisions arise in situations where established processes offer potential solutions.
Question
Digital dashboards offer consolidation,drill-down and slice-and-dice capabilities.
Question
The structure of a typical organisation is similar to a pyramid,with different levels that require one consistent type of information to assist with all managerial decision making.
Question
Effectiveness MIS metrics include throughput,transaction speed and system availability.
Question
Redundancy occurs when a task or activity is never repeated.
Question
One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success,while competing to win in today's business environment.
Question
Product delivery is a customer-facing business process.
Question
Benchmarks are baseline values the system seeks to attain.
Question
A shopping bot is one of the simplest examples of an intelligent agent.
Question
Which of the below represents the three different levels of a company pyramid from the top to the bottom?

A) Managerial-Strategic-Operational
B) Strategic-Managerial-Operational
C) Operational-Managerial-Strategic
D) Strategic-Operational-Managerial
Question
Which of the below is an example of a critical success factor?

A) Increase customer satisfaction
B) Number of new customers
C) Number of new products
D) Percentage of employee turnover
Question
What would a company like eBay or Amazon be constantly benchmarking?

A) MIS efficiency
B) MIS effectiveness
C) MIS efficiency and MIS effectiveness
D) Usability metrics only
Question
Andy Benton works at the local Starbucks coffee shop and his responsibilities include taking orders,fulfilling orders and ringing in sales.At what level of the organisational pyramid would you categorise Andy?

A) Strategic
B) Owner
C) Operational
D) Managerial
Question
Bill Schultz works at a high power investment firm in Sydney.Bill is responsible for promoting the organisation's vision and creating the company-wide goals and strategies.He also monitors the overall strategic performance of the company and its direction for future business strategies.At what level of the organisational pyramid would you categorise Bill?

A) Strategic
B) Owner
C) Operational
D) Managerial
Question
Business process re-engineering is the analysis and redesign of workflow within and between enterprises.
Question
As a manager for your company,some of your responsibilities include measuring metrics and overseeing company strategies.You observe some critical success factors and see large increases in productivity.What would you suspect would be the primary reason for the large increases in productivity?

A) Decreases in effectiveness
B) Increases in effectiveness
C) Increases in executive roles
D) Decreases in efficiency
Question
Which of the following is a not a type of organisational information system?

A) Executive information system
B) Decisions support system
C) Analysis processing system
D) Transactional processing system
Question
When evaluating the six-step decision-making process,what occurs during the solution implementation step?

A) The process will begin again if the decisions made were incorrect
B) Definition of the problem as clearly and precisely as possible
C) Details of every solution possible including ideas that seem far fetched
D) The solution that best solves the problem is selected
Question
Todd Haitz is the marketing manager for the Australian Cricket Association.Todd analyses and tracks his marketing campaigns to determine the best success rate per project for increasing ticket sales.Todd uses an internal KPI to track his marketing campaign success.Which of the below would be an internal KPI Todd would use to track his marketing campaigns?

A) Marketing campaign ROI
B) Marketing campaign percentage of fans purchasing Sports Illustrated magazine
C) Marketing campaign advertiser revenue sales
D) Marketing campaign market share
Question
Which of the following is a type of effectiveness MIS metric?

A) Transaction speed
B) System availability
C) Usability
D) Throughput
Question
Which of the below statements is accurate?

A) Key performance indicators can have no more than four critical success factors
B) Critical success factors can have no more than four key performance indicators
C) Key performance indicators can have several critical success factors
D) Critical success factors can have several key performance indicators
Question
What are the crucial steps companies perform to achieve their goals and objectives,and implement their strategies?

A) Critical success factors
B) Crucial success factors
C) Key performance indicators
D) Key performance factors
Question
Which of the below would you include as decisions and responsibilities typically found at the managerial level of a company?

A) Monthly plans
B) Monthly budgets
C) Weekly schedule
D) All the answers are correct
Question
Drew Savage is an MIS manager for an international consulting firm.Drew travels to different European countries where he implements news response tracking systems.Some of the metrics he uses to track the performance of his system include tracking the response time it takes to respond to Twitter posts mentioning the news station,as well as the speed and accuracy of content posted on numerous websites and social media sites.What type of metrics is Drew using to measure his system?

A) Customer satisfaction metrics
B) Efficiency metrics
C) Effectiveness metrics
D) Benchmarking metrics
Question
CSFs and KPIs are the two core metrics used within a business to track progress or success.What is the relationship between CSFs and KPIs?

A) CSFs are business strategy elements; whereas,KPIs measure the progress of the CSFs
B) CSFs build the business environment; whereas,KPIs explain how to build the CSF's
C) KPIs are used first; whereas,CSF's are applied after
D) KPIs promote employees on their performance; whereas,CSF's demote employees based on their performance level
Question
Review the below statements.Which one does not represent an example of a structured decision?

A) Reordering inventory
B) Deciding to enter a new market
C) Creating the employee weekly staffing schedule
D) Creating the employee weekly production schedule
Question
What must managers be able to do to compete in today's global marketplace?

A) Make decisions to gain competitive advantages
B) Make decision that can help forecast future business needs
C) Make decision that can help forecast future business requirements
D) All the answers are correct
Question
Which of the below would you include as decisions and responsibilities typically found at the operational level of a company?

A) Develop core business activities required to run the day-to-day operations
B) Control core business activities required to run the day-to-day operations
C) Maintain core business activities required to run the day-to-day operations
D) All the answers are correct
Question
BPM systems include advanced features such as enhanced process modelling,simulation,execution and monitoring,providing a high level of flexibility,while reducing costs.
Question
As the product manager for the eatery division at Whole Foods,Jerry is responsible for analysing sales data to help him manage his team.Today Jerry is analysing his data using many different perspectives to identify different ways to improve his division.Which of the following common digital dashboard capabilities is Jerry using to analyse his department's success?

A) Slice-and-Dice
B) Competitive tables
C) Drill-down
D) Consolidation
Question
An optimisation analysis finds the optimum value for a target variable by repeatedly changing other variables,subject to specified constraints.What can a manager determine by changing revenue and cost variables in an optimisation analysis?

A) Calculate the highest potential profits
B) Calculate employee benefit payments
C) Use this as an extension for a digital dashboard
D) Create production schedules
Question
Which of the below categories of artificial intelligence (AI)is used extensively in the finance industry to analyse situations where the logic or rules are unknown?

A) Expert system
B) Virtual reality
C) Neural network
D) Genetic algorithm
Question
Tom Watson is a manager for a McDonald's restaurant.Many of his key responsibilities include analysing data and making key decisions for the success of his store.Tom's store has been experiencing decreased sales for breakfast services over the past three months.Tom is unsure why breakfast revenues are down,while lunch and dinner revenues remain unchanged.Tom believes that he can drive revenue up by implementing a few different breakfast promotions,such as free coffee or hash browns with the purchase of a meal.Tom performs an extensive analysis of how continuous changes in breakfast promotions could impact his daily revenue.What type of DSS analysis is Tom performing?

A) Optimisation analysis
B) Sensitivity analysis
C) Transaction analysis
D) Goal-seeking analysis
Question
Which of the following represents the top-down (executives to analysts)organisational levels of information technology systems?

A) TPS,DSS,EIS
B) DSS,TPS,EIS
C) EIS,DSS,TPS
D) None of these,it varies from organisation to organisation
Question
What is the process of learning from ecosystems and adapting their characteristics to human and organisation situations?

A) Data collection
B) Artificial intelligence
C) Biomimicry
D) Intelligent system
Question
What is drill-down capability?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
Question
Which of the following is an example of an intelligent system?

A) The Firefighter Robot that can extinguish flames at chemical plants
B) Shell Oil's Smart Pump robot that pumps gas for the customer
C) A robot that cleans and sweeps at a local airport
D) All the answers are correct
Question
What type of process includes order processing,customer service processing,sales processing,customer billing processing,and order shipping processing?

A) Customer-facing processes
B) Business-facing processes
C) Industry-specific customer facing processes
D) All the answers are correct
Question
What is consolidation?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
Question
Which of the following represents a business process you would find in the operations management department?

A) Ordering inventory
B) Processing sales
C) Promoting discounts
D) Paying of accounts payable
Question
As the product manager for the eatery division at Whole Foods,Jerry is responsible for analysing sales data to help him manage his team.Today Jerry is analysing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information.Which of the following common digital dashboard capabilities is Jerry using to analyse his department's success?

A) Slice-and-Dice
B) Competitive tables
C) Drill-down
D) Consolidation
Question
Which of the below offers a disadvantage for working virtually?

A) Increases in worker productivity
B) Increases in feelings of seclusion
C) Decreases in expenses for the company
D) Alleviation of congested roadways
Question
How does a DSS typically differ from an EIS?

A) EIS requires data from external sources to support unstructured decisions where a DSS typically uses internal sources to support semi-structured decisions
B) DSS typically uses external sources and EIS uses internal sources to support decisions
C) A DSS never uses external sources
D) EIS always uses internal sources to support structured decisions
Question
What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel and baggage handling for an airline?

A) Customer-facing processes
B) Business-facing processes
C) Industry-specific customer-facing processes
D) All the answers are correct
Question
When viewing systems thinking,source documents are the original transaction records.What would the source documents for a medical doctor's payroll system include?

A) Employee time sheets
B) Employee benefit reports
C) Employee wage rates
D) All the answers are correct
Question
What can a model accomplish?

A) Calculate risks
B) Understand uncertainty
C) Manipulate time
D) All the answers are correct
Question
What is slice-and-dice capability?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
Question
A transaction processing system (TPS)is the basic business system that assists operational level analysts when making structured decisions.Which of the below is not an example of a TPS?

A) Target's internal company payroll system
B) Comfort Dental patient diagnosis system
C) First Bank's overall accounting system
D) Stewart Sport's order entry system
Question
Bob Silver loves playing a game called World of Warcraft where he has the capability to create his own character and even his own life-like environment.Which AI system would you categorise World of Warcraft?

A) Multi-agent system
B) Expert system
C) Virtual reality
D) Fuzzy logic system
Question
What is the system that focuses on evaluating and improving the processes that include both person-to-person workflow and system-to-system communications?

A) Business process management (BPM)systems
B) Semi-structured systems
C) Virtual reality
D) All the answers are correct
Question
Which of the following explains why a company would implement a BPR strategy?

A) To encourage competition
B) To decrease customers
C) To create value for the customer
D) All the answers are correct
Question
Describe business process management and its value to an organisation.
Question
Demonstrate the value of business process modeling,and compare As-Is and To-Be models.
Question
What does BPR assume about the current process in the extreme?

A) Current process is irrelevant
B) Current process is broken
C) Current process must be overhauled from scratch
D) All the answers are correct
Question
Which of the below processes attempts to understand and measure the current process and make improvements?

A) Business process mapping
B) Business process re-engineering
C) Business process improvement
D) Business process model
Question
Which of the following should a business follow for success?

A) Technology choices should drive business processes
B) Business processes should drive technology choices
C) Technology choices should drive business strategies and goals
D) All the answers are correct,depending on the industry
Question
Describe artificial intelligence,and identify its five main types.
Question
The local florist in town is Cheryl Steffan who has been in business for over 20 years.Recently,Cheryl has noticed several complaints about delivery errors.Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking.Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness.What method did Cheryl follow to solve her delivery issues?

A) Modelled the As-Is process,fixed the errors and then created the To-Be process
B) Modelled the To-Be process,fixed the errors and then created the As-Is process
C) Moved directly to implementing the To-Be process,without analysing the As-Is process
D) Moved directly to implementing the As-Is process,without analysing the To-Be process
Question
Which of the below examples indicates when the time is right to initiate a business process change?

A) The market being served makes a distinctive shift
B) The company is below industry benchmarks on its core processes
C) The company strategically passes or leapfrogs the competition on key decisions to regain competitive advantage
D) All the answers are correct
Question
Classify the different operational support systems,managerial support systems and strategic support systems,and explain how managers can use these systems to make decisions and gain competitive advantages.
Question
What is the difference between customer-facing processes and business-facing processes?

A) Business-facing processes are front-office processes,customer-facing processes are back-office processes
B) Customer-facing processes are front-office processes,business-facing processes are back-office processes
C) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are back-office processes
D) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are front-office processes
Question
Explain the value of business processes for a company,and differentiate between customer-facing and business-facing process.
Question
Explain the importance of decision making for managers at each of the three primary organisation levels along with the associated decision characteristics.
Question
Differentiate among business process improvements,streamlining and re-engineering.
Question
What is the primary goal of using As-Is and To-Be process models?

A) To determine employee specific errors
B) To determine measurement metrics
C) To determine the best way to solve a problem
D) To determine what the problem is and then how to solve the problem
Question
What is the primary goal of the As-Is process model?

A) To outline the process elements for the To-Be process
B) To create process choices for the As-Is process
C) To simplify,eliminate and improve the To-Be process
D) To analyse the To-Be process elements
Question
Review the below list of key terms and determine which one typically occurs during operational business process improvement.

A) Automation
B) Streamlining
C) Re-engineering
D) Improvement
Question
Define critical success factors (CSFs)and key performance indicators (KPIs),and explain how managers use them to measure the success of MIS projects.
Question
What is the difference between the As-Is process model and the To-Be process model?

A) The As-Is process model begins with what the process problem is,and the To-Be process model displays how the problem will be solved
B) The process models are not related
C) Both process models determine when to solve the problem
D) The As-Is process model begins with where to implement the solution,and the To-Be process model displays why the problem needs to be fixed
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Deck 4: Decisions-Processes
1
Business-facing processes or back-office processes are invisible to the external customer but essential to the effective management and operation of the business.
True
2
Unstructured decisions occur in situations in which no procedures or rules exist to guide decision makers towards the correct choice.
True
3
Business processes should never drive MIS choices and should be based on business strategies and goals.
False
4
The primary goal of an As-Is process model is to simplify,eliminate and improve the To-Be processes.
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5
MIS support systems rely on models for computational and analytical routines that mathematically express relationships among variables.
Unlock Deck
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k this deck
6
Improving the efficiency and effectiveness of its business processes improves a firm's value chain.
Unlock Deck
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k this deck
7
A neural network is a category of efficiency metrics where it attempts to measure the way the human brain works.
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8
Strategic planning is a customer-facing business process.
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9
A business management system is a graphic description of a process,showing the sequence of process tasks,which is developed for a specific purpose and from a selected viewpoint.
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10
At the strategic decision-making level,employees develop,control and maintain core business activities.
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11
Streamlining information encompasses all of the information contained within a single business process or unit of work,and its primary purpose is to support the performing of daily operational or structured decisions.
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12
Operational decisions or semi-structured decisions arise in situations where established processes offer potential solutions.
Unlock Deck
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13
Digital dashboards offer consolidation,drill-down and slice-and-dice capabilities.
Unlock Deck
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Unlock Deck
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14
The structure of a typical organisation is similar to a pyramid,with different levels that require one consistent type of information to assist with all managerial decision making.
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
15
Effectiveness MIS metrics include throughput,transaction speed and system availability.
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16
Redundancy occurs when a task or activity is never repeated.
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17
One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success,while competing to win in today's business environment.
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
18
Product delivery is a customer-facing business process.
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
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k this deck
19
Benchmarks are baseline values the system seeks to attain.
Unlock Deck
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20
A shopping bot is one of the simplest examples of an intelligent agent.
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
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k this deck
21
Which of the below represents the three different levels of a company pyramid from the top to the bottom?

A) Managerial-Strategic-Operational
B) Strategic-Managerial-Operational
C) Operational-Managerial-Strategic
D) Strategic-Operational-Managerial
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Unlock for access to all 80 flashcards in this deck.
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22
Which of the below is an example of a critical success factor?

A) Increase customer satisfaction
B) Number of new customers
C) Number of new products
D) Percentage of employee turnover
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23
What would a company like eBay or Amazon be constantly benchmarking?

A) MIS efficiency
B) MIS effectiveness
C) MIS efficiency and MIS effectiveness
D) Usability metrics only
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Unlock for access to all 80 flashcards in this deck.
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24
Andy Benton works at the local Starbucks coffee shop and his responsibilities include taking orders,fulfilling orders and ringing in sales.At what level of the organisational pyramid would you categorise Andy?

A) Strategic
B) Owner
C) Operational
D) Managerial
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
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25
Bill Schultz works at a high power investment firm in Sydney.Bill is responsible for promoting the organisation's vision and creating the company-wide goals and strategies.He also monitors the overall strategic performance of the company and its direction for future business strategies.At what level of the organisational pyramid would you categorise Bill?

A) Strategic
B) Owner
C) Operational
D) Managerial
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
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26
Business process re-engineering is the analysis and redesign of workflow within and between enterprises.
Unlock Deck
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Unlock Deck
k this deck
27
As a manager for your company,some of your responsibilities include measuring metrics and overseeing company strategies.You observe some critical success factors and see large increases in productivity.What would you suspect would be the primary reason for the large increases in productivity?

A) Decreases in effectiveness
B) Increases in effectiveness
C) Increases in executive roles
D) Decreases in efficiency
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
28
Which of the following is a not a type of organisational information system?

A) Executive information system
B) Decisions support system
C) Analysis processing system
D) Transactional processing system
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
29
When evaluating the six-step decision-making process,what occurs during the solution implementation step?

A) The process will begin again if the decisions made were incorrect
B) Definition of the problem as clearly and precisely as possible
C) Details of every solution possible including ideas that seem far fetched
D) The solution that best solves the problem is selected
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
30
Todd Haitz is the marketing manager for the Australian Cricket Association.Todd analyses and tracks his marketing campaigns to determine the best success rate per project for increasing ticket sales.Todd uses an internal KPI to track his marketing campaign success.Which of the below would be an internal KPI Todd would use to track his marketing campaigns?

A) Marketing campaign ROI
B) Marketing campaign percentage of fans purchasing Sports Illustrated magazine
C) Marketing campaign advertiser revenue sales
D) Marketing campaign market share
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
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31
Which of the following is a type of effectiveness MIS metric?

A) Transaction speed
B) System availability
C) Usability
D) Throughput
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
32
Which of the below statements is accurate?

A) Key performance indicators can have no more than four critical success factors
B) Critical success factors can have no more than four key performance indicators
C) Key performance indicators can have several critical success factors
D) Critical success factors can have several key performance indicators
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
33
What are the crucial steps companies perform to achieve their goals and objectives,and implement their strategies?

A) Critical success factors
B) Crucial success factors
C) Key performance indicators
D) Key performance factors
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
34
Which of the below would you include as decisions and responsibilities typically found at the managerial level of a company?

A) Monthly plans
B) Monthly budgets
C) Weekly schedule
D) All the answers are correct
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
35
Drew Savage is an MIS manager for an international consulting firm.Drew travels to different European countries where he implements news response tracking systems.Some of the metrics he uses to track the performance of his system include tracking the response time it takes to respond to Twitter posts mentioning the news station,as well as the speed and accuracy of content posted on numerous websites and social media sites.What type of metrics is Drew using to measure his system?

A) Customer satisfaction metrics
B) Efficiency metrics
C) Effectiveness metrics
D) Benchmarking metrics
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
36
CSFs and KPIs are the two core metrics used within a business to track progress or success.What is the relationship between CSFs and KPIs?

A) CSFs are business strategy elements; whereas,KPIs measure the progress of the CSFs
B) CSFs build the business environment; whereas,KPIs explain how to build the CSF's
C) KPIs are used first; whereas,CSF's are applied after
D) KPIs promote employees on their performance; whereas,CSF's demote employees based on their performance level
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
37
Review the below statements.Which one does not represent an example of a structured decision?

A) Reordering inventory
B) Deciding to enter a new market
C) Creating the employee weekly staffing schedule
D) Creating the employee weekly production schedule
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
38
What must managers be able to do to compete in today's global marketplace?

A) Make decisions to gain competitive advantages
B) Make decision that can help forecast future business needs
C) Make decision that can help forecast future business requirements
D) All the answers are correct
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
39
Which of the below would you include as decisions and responsibilities typically found at the operational level of a company?

A) Develop core business activities required to run the day-to-day operations
B) Control core business activities required to run the day-to-day operations
C) Maintain core business activities required to run the day-to-day operations
D) All the answers are correct
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
40
BPM systems include advanced features such as enhanced process modelling,simulation,execution and monitoring,providing a high level of flexibility,while reducing costs.
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
41
As the product manager for the eatery division at Whole Foods,Jerry is responsible for analysing sales data to help him manage his team.Today Jerry is analysing his data using many different perspectives to identify different ways to improve his division.Which of the following common digital dashboard capabilities is Jerry using to analyse his department's success?

A) Slice-and-Dice
B) Competitive tables
C) Drill-down
D) Consolidation
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
42
An optimisation analysis finds the optimum value for a target variable by repeatedly changing other variables,subject to specified constraints.What can a manager determine by changing revenue and cost variables in an optimisation analysis?

A) Calculate the highest potential profits
B) Calculate employee benefit payments
C) Use this as an extension for a digital dashboard
D) Create production schedules
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
43
Which of the below categories of artificial intelligence (AI)is used extensively in the finance industry to analyse situations where the logic or rules are unknown?

A) Expert system
B) Virtual reality
C) Neural network
D) Genetic algorithm
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
44
Tom Watson is a manager for a McDonald's restaurant.Many of his key responsibilities include analysing data and making key decisions for the success of his store.Tom's store has been experiencing decreased sales for breakfast services over the past three months.Tom is unsure why breakfast revenues are down,while lunch and dinner revenues remain unchanged.Tom believes that he can drive revenue up by implementing a few different breakfast promotions,such as free coffee or hash browns with the purchase of a meal.Tom performs an extensive analysis of how continuous changes in breakfast promotions could impact his daily revenue.What type of DSS analysis is Tom performing?

A) Optimisation analysis
B) Sensitivity analysis
C) Transaction analysis
D) Goal-seeking analysis
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45
Which of the following represents the top-down (executives to analysts)organisational levels of information technology systems?

A) TPS,DSS,EIS
B) DSS,TPS,EIS
C) EIS,DSS,TPS
D) None of these,it varies from organisation to organisation
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46
What is the process of learning from ecosystems and adapting their characteristics to human and organisation situations?

A) Data collection
B) Artificial intelligence
C) Biomimicry
D) Intelligent system
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k this deck
47
What is drill-down capability?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
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Unlock for access to all 80 flashcards in this deck.
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48
Which of the following is an example of an intelligent system?

A) The Firefighter Robot that can extinguish flames at chemical plants
B) Shell Oil's Smart Pump robot that pumps gas for the customer
C) A robot that cleans and sweeps at a local airport
D) All the answers are correct
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49
What type of process includes order processing,customer service processing,sales processing,customer billing processing,and order shipping processing?

A) Customer-facing processes
B) Business-facing processes
C) Industry-specific customer facing processes
D) All the answers are correct
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50
What is consolidation?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
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51
Which of the following represents a business process you would find in the operations management department?

A) Ordering inventory
B) Processing sales
C) Promoting discounts
D) Paying of accounts payable
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52
As the product manager for the eatery division at Whole Foods,Jerry is responsible for analysing sales data to help him manage his team.Today Jerry is analysing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information.Which of the following common digital dashboard capabilities is Jerry using to analyse his department's success?

A) Slice-and-Dice
B) Competitive tables
C) Drill-down
D) Consolidation
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53
Which of the below offers a disadvantage for working virtually?

A) Increases in worker productivity
B) Increases in feelings of seclusion
C) Decreases in expenses for the company
D) Alleviation of congested roadways
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
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54
How does a DSS typically differ from an EIS?

A) EIS requires data from external sources to support unstructured decisions where a DSS typically uses internal sources to support semi-structured decisions
B) DSS typically uses external sources and EIS uses internal sources to support decisions
C) A DSS never uses external sources
D) EIS always uses internal sources to support structured decisions
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
55
What form of processes include loan processing for a bank,claims processing for an insurance company,reservation processing for a hotel and baggage handling for an airline?

A) Customer-facing processes
B) Business-facing processes
C) Industry-specific customer-facing processes
D) All the answers are correct
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
56
When viewing systems thinking,source documents are the original transaction records.What would the source documents for a medical doctor's payroll system include?

A) Employee time sheets
B) Employee benefit reports
C) Employee wage rates
D) All the answers are correct
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
57
What can a model accomplish?

A) Calculate risks
B) Understand uncertainty
C) Manipulate time
D) All the answers are correct
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
58
What is slice-and-dice capability?

A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) The ability to look at information from different perspectives
C) Enables users to get details,and details of details,of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output
Unlock Deck
Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
59
A transaction processing system (TPS)is the basic business system that assists operational level analysts when making structured decisions.Which of the below is not an example of a TPS?

A) Target's internal company payroll system
B) Comfort Dental patient diagnosis system
C) First Bank's overall accounting system
D) Stewart Sport's order entry system
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
60
Bob Silver loves playing a game called World of Warcraft where he has the capability to create his own character and even his own life-like environment.Which AI system would you categorise World of Warcraft?

A) Multi-agent system
B) Expert system
C) Virtual reality
D) Fuzzy logic system
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
61
What is the system that focuses on evaluating and improving the processes that include both person-to-person workflow and system-to-system communications?

A) Business process management (BPM)systems
B) Semi-structured systems
C) Virtual reality
D) All the answers are correct
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Unlock for access to all 80 flashcards in this deck.
Unlock Deck
k this deck
62
Which of the following explains why a company would implement a BPR strategy?

A) To encourage competition
B) To decrease customers
C) To create value for the customer
D) All the answers are correct
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63
Describe business process management and its value to an organisation.
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64
Demonstrate the value of business process modeling,and compare As-Is and To-Be models.
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65
What does BPR assume about the current process in the extreme?

A) Current process is irrelevant
B) Current process is broken
C) Current process must be overhauled from scratch
D) All the answers are correct
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66
Which of the below processes attempts to understand and measure the current process and make improvements?

A) Business process mapping
B) Business process re-engineering
C) Business process improvement
D) Business process model
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67
Which of the following should a business follow for success?

A) Technology choices should drive business processes
B) Business processes should drive technology choices
C) Technology choices should drive business strategies and goals
D) All the answers are correct,depending on the industry
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Unlock for access to all 80 flashcards in this deck.
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68
Describe artificial intelligence,and identify its five main types.
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69
The local florist in town is Cheryl Steffan who has been in business for over 20 years.Recently,Cheryl has noticed several complaints about delivery errors.Cheryl decides to investigate the errors in her business delivery process and finds that most of the inaccuracies occur during order taking.Cheryl decides to implement an electronic ordering system to help improve order efficiency and effectiveness.What method did Cheryl follow to solve her delivery issues?

A) Modelled the As-Is process,fixed the errors and then created the To-Be process
B) Modelled the To-Be process,fixed the errors and then created the As-Is process
C) Moved directly to implementing the To-Be process,without analysing the As-Is process
D) Moved directly to implementing the As-Is process,without analysing the To-Be process
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70
Which of the below examples indicates when the time is right to initiate a business process change?

A) The market being served makes a distinctive shift
B) The company is below industry benchmarks on its core processes
C) The company strategically passes or leapfrogs the competition on key decisions to regain competitive advantage
D) All the answers are correct
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Unlock for access to all 80 flashcards in this deck.
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71
Classify the different operational support systems,managerial support systems and strategic support systems,and explain how managers can use these systems to make decisions and gain competitive advantages.
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Unlock Deck
k this deck
72
What is the difference between customer-facing processes and business-facing processes?

A) Business-facing processes are front-office processes,customer-facing processes are back-office processes
B) Customer-facing processes are front-office processes,business-facing processes are back-office processes
C) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are back-office processes
D) Customer-facing processes are back-office processes,and industry-specific customer-facing processes are front-office processes
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Unlock for access to all 80 flashcards in this deck.
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73
Explain the value of business processes for a company,and differentiate between customer-facing and business-facing process.
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74
Explain the importance of decision making for managers at each of the three primary organisation levels along with the associated decision characteristics.
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75
Differentiate among business process improvements,streamlining and re-engineering.
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76
What is the primary goal of using As-Is and To-Be process models?

A) To determine employee specific errors
B) To determine measurement metrics
C) To determine the best way to solve a problem
D) To determine what the problem is and then how to solve the problem
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77
What is the primary goal of the As-Is process model?

A) To outline the process elements for the To-Be process
B) To create process choices for the As-Is process
C) To simplify,eliminate and improve the To-Be process
D) To analyse the To-Be process elements
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78
Review the below list of key terms and determine which one typically occurs during operational business process improvement.

A) Automation
B) Streamlining
C) Re-engineering
D) Improvement
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79
Define critical success factors (CSFs)and key performance indicators (KPIs),and explain how managers use them to measure the success of MIS projects.
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80
What is the difference between the As-Is process model and the To-Be process model?

A) The As-Is process model begins with what the process problem is,and the To-Be process model displays how the problem will be solved
B) The process models are not related
C) Both process models determine when to solve the problem
D) The As-Is process model begins with where to implement the solution,and the To-Be process model displays why the problem needs to be fixed
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Unlock Deck
Unlock for access to all 80 flashcards in this deck.