Question 1

Which of the following deals with the planning for, development, management, and use of information technology?
A) E-commerce
B) Management information systems
C) Administration technologies
D) Strategic systems

Accepted Answer

Management information systems (MIS) focus on the planning, development, management, and use of information technology to help organizations achieve their goals and objectives.

Question 2

If you wanted to ensure that your business maintains a competitive edge, what should be one of your main concerns when purchasing technology?
A) The new technology communicates with existing systems
B) Standard operating procedures are supported so that innovative employees can focus on new markets
C) The new technology is consistent with the technology owned by your customer base
D) The new technology enables you to be innovative and move into new markets

Accepted Answer

The main concern when purchasing technology should be whether it enables you to be innovative and move into new markets. Staying competitive requires businesses to constantly evolve and adapt to changing markets, and investing in technology that facilitates this process is crucial. While considerations such as compatibility with existing systems and customer technology are important, they should not be the primary concern when purchasing technology for competitive advantage. Supporting standard operating procedures can also be important, but it should not be prioritized over the ability to innovate and enter new markets.

Question 3

Should a business' decisions about its technology drive its business strategy?
A) Yes, if the decision is about management information systems (MIS)
B) Yes, if the decision is about strategic information systems (SIS)
C) There are times that technology should drive strategy and vice versa
D) No, business strategy should drive decisions about its technology

Accepted Answer

D

Question 4

If you wanted to ensure that your business maintains a desirable return on your investment with technology, what should be one of your main concerns?
A) Your technology helps streamline costs without sacrificing quality
B) You give the appearance of technological sophistication
C) Your management systems are consistent with industry standards
D) Your strategic systems are technologically advanced

Accepted Answer

The main concern to ensure a desirable return on investment with technology should be that the technology helps streamline costs without sacrificing quality. This will ensure the business is financially viable while still being able to provide a quality product or service. The other choices, while important, are not as directly related to maintaining a desirable return on investment.

Question 5

Why do we consider technology invasive?
A) Technology is an integral part of our personal, as well as our professional, lives
B) Technology is so pervasive that we believe we cannot live without it
C) Technology invades our personal thoughts
D) Technology requires that most modern employees work more than 40 hours per week

Accepted Answer

The answer of Why do we consider technology invasive?
A) Technology...

Question 6

Which of the following is the overarching function of management information systems?
A) To support the technological needs of management
B) To supply management with needed information
C) To ensure the compatibility of executive applications within an organization
D) To create and sustain a competitive advantage

Accepted Answer

The overarching function of management information systems is to create and sustain a competitive advantage for the organization. While MIS may support technological needs and supply management with information, these are not the primary goals of the system. Compatibility of executive applications is not the primary focus of MIS either.

Question 7

Which of the following is the least important resource within MIS?
A) Technology
B) Methods
C) People
D) Information

Accepted Answer

Methods are considered the least important resource within Management Information Systems (MIS) because while technology, people, and information are core components that directly contribute to the functionality and effectiveness of MIS, methods refer to the processes or approaches used, which can vary and be adapted without fundamentally altering the essence of MIS.

Question 8

Compared to the agricultural age where the work force focuses on the production of food, we now work in the _____ age where the focus has shifted to the production of knowledge.
A) Information age
B) Industrial age
C) Knowledge age
D) Technology age

Accepted Answer

While B) Industrial age and D) Technology age both involve a focus on a particular type of production, they do not fully capture the shift towards knowledge production that characterizes the contemporary era. Similarly, while C) Knowledge age is a term that is often used interchangeably with Information age, Information age is more commonly used in discussions of economic and labor trends.

Question 9

What does it mean to live in the "digital age"?
A) Payment for goods is made with hard cash
B) Living, working, learning, and playing in a digital world
C) Accessing information over the Internet
D) Being born after 1990

Accepted Answer

Living in the digital age means that we are part of a world where technology and digital devices are a significant part of our lives, and we use them for various activities like work, education, entertainment, and communication.

Answer: C 
 Accessing information over the Internet has become an essential part of our daily routine, and it is a defining feature of living in the digital age. We can access information about anything, anytime, and from anywhere around the world with just a few clicks on our digital devices.

Question 10

Management information systems (MIS) focuses on which of the following?
A) Strategic decisions
B) Tasks related to information processing and management
C) Tactical applications
D) Decision support and analytical systems

Accepted Answer

Management information systems (MIS) focuses on tasks related to information processing and management, such as collecting, storing, and analyzing data to support the decision-making process. Strategic decisions, tactical applications, and decision support and analytical systems are all related topics but are not the primary focus of MIS.

Question 11

Which question does not support a business' efforts to support and maintain a competitive edge?
A) Can this technology lower the cost of operating our business?
B) Can this technology increase our customer base?
C) Can this technology make the company look better?
D) Can this technology enhance our innovative efforts?

Accepted Answer

The question "Can this technology make the company look better?" does not necessarily relate to the business' efforts to maintain a competitive edge. While having a good brand image may be important, it does not directly impact the company's ability to outperform its competitors. The other questions, on the other hand, focus on reducing costs, increasing customer base, and enhancing innovation, all of which are key aspects for any business to stay ahead of its competitors.

Question 12

What percentage of today's Fortune 500 companies are technology companies?
A) 5%
B) 10%
C) 25%
D) 50%

Accepted Answer

Approximately 10% of today's Fortune 500 companies are technology companies, reflecting the significant but not overwhelming presence of tech firms in the list.

Question 13

What should you understand first when analyzing the technology needs of your business?
A) The industry in which your business operates
B) The technology standards emerging with new systems
C) The computing skills of your IT staff
D) The competition

Accepted Answer

Understanding the industry in which your business operates is crucial when analyzing technology needs. Different industries have specific requirements and expectations for technology, and understanding these can help in making informed decisions about what technology is needed.

Question 14

After you understand your competition and its affect on your industry, what should you do next?
A) Identify the limitations of technology
B) Define the knowledge base of your workforce
C) Align your strategies, processes, and technology with your understanding of your industry
D) Determine your long-term goals and how these differ from your current thinking

Accepted Answer

Once you have understood your competition and its impact on your industry, the next step should be to align your strategies, processes, and technology with your understanding of the industry. This will enable you to better compete in the market and achieve success. A and B are also important considerations in running a successful business but are not the immediate next step after understanding competition. D is a relevant consideration, but not as immediate as C.

Question 15

Which of the following is not a key resource of MIS?
A) People
B) Information
C) Technology
D) Methods

Accepted Answer

All of the other choices are key resources of MIS. Methods, while important, are not considered a key resource in the same way that people, information, and technology are.

Question 16

What is the difference between how you would purchase technology compared to the way businesses purchase technology?
A) Your purchase is based upon money availability; businesses are based upon competitive advantage
B) Your purchase is based upon personal taste; businesses purchases are based on industry standards
C) Businesses usually buy essential technology; your purchases may be unnecessary
D) Businesses focus on strategy; you focus on enjoyment

Accepted Answer

Businesses often purchase technology to gain a competitive advantage, while individual purchases are typically constrained by personal budget considerations.

Question 17

Management information systems, or MIS, is a(n) _____ field of study.
A) Emerging
B) Project-oriented
C) Tactical
D) Academic

Accepted Answer

Management information systems is an academic field of study, focused on understanding how technology can be used to solve business problems and improve organizational performance. It involves both theoretical and practical knowledge from fields such as computer science, management, and information systems. While it may be considered a tactical field in terms of its application in business settings, it is primarily an academic discipline.

Question 18

What is management information systems (MIS)?
A) The study of information systems used by top management
B) The integration of computer tools with business processes
C) A type of business acquisition approach to technology
D) A business discipline that deals with the use of information technology (IT)

Accepted Answer

MIS is a business discipline that focuses on the use of information technology (IT) to improve business processes and decision-making. It involves the design, implementation, and management of computer-based information systems to support business operations. It encompasses various areas such as database management, network administration, system analysis, project management, and more. Its goal is to facilitate effective communication, coordination, and control of organizational activities to achieve strategic objectives.

Question 19

When a business is analyzing its technology needs, it should follow a series of steps. Which of the following is not one of these steps?
A) Assess the state of competition and industry pressures affecting it
B) Determine the business strategies that are critical to its success
C) Determine the type of technology employees are comfortable working with
D) Align technology with important business processes

Accepted Answer

While it is important to consider employee comfort and familiarity with technology, it is not a primary step when analyzing technology needs. The other three steps listed (assessing competition and industry pressures, determining critical business strategies, and aligning technology with important processes) are all important considerations when analyzing technology needs.

Question 20

We are now living in the _____ when most workers focus on the production of knowledge in their jobs.
A) Industrial age
B) Knowledge age
C) Information age
D) Technology age

Accepted Answer

The answer of We are now living in the _____...

Quiz 1: The Information Age in Which You Live

Which of the following deals with the planning for, development, management, and use of information technology?

If you wanted to ensure that your business maintains a competitive edge, what should be one of your main concerns when purchasing technology?

Should a business' decisions about its technology drive its business strategy?

If you wanted to ensure that your business maintains a desirable return on your investment with technology, what should be one of your main concerns?

Why do we consider technology invasive?

Which of the following is the overarching function of management information systems?

Which of the following is the least important resource within MIS?

Compared to the agricultural age where the work force focuses on the production of food, we now work in the _____ age where the focus has shifted to the production of knowledge.

What does it mean to live in the "digital age"?

Management information systems (MIS) focuses on which of the following?

Which question does not support a business' efforts to support and maintain a competitive edge?

What percentage of today's Fortune 500 companies are technology companies?

What should you understand first when analyzing the technology needs of your business?

After you understand your competition and its affect on your industry, what should you do next?

Which of the following is not a key resource of MIS?

What is the difference between how you would purchase technology compared to the way businesses purchase technology?

Management information systems, or MIS, is a(n) _____ field of study.

What is management information systems (MIS) ?

When a business is analyzing its technology needs, it should follow a series of steps. Which of the following is not one of these steps?

We are now living in the _____ when most workers focus on the production of knowledge in their jobs.