Term
| Define Business Intelligence |
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Definition
| The applications and technologies used to gather, analyze, and provide access to data and information to support decision-making efforts |
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Term
What is MIS?
A) Process of using information technology to gather information
B)The application of information systems to solve business problems
C) People, Processes, and Information
D) All of the Above
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Definition
| B) The application of information systems to solve business problems |
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Term
What are two BENEFITS to Enterprise Resource Planning?
A) Increase inventory and reduce costs
B) Speed up manufatoring and increase costs
C) Integrate financial information and reduce inventory
D) None of the above |
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Definition
| C) Integrage financial information and reduce inventory |
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Term
| What are the four components of Supply Chain Management? |
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Definition
Supply Chain Strategy
Supply Chain Partners
Supply Chain Operations
Supply Chain logistics |
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Term
Which IS NOT an advantage of SCM?
A) Increase switching costs
B)Increase production
C) Decrease costs
D) Decrease buyer power
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Definition
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Term
Which is a type of application software?
A)Mac OS
B)Microsoft Windows XP
C)Microsoft PowerPoint
D)Linux |
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Definition
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Term
Which of the following IS NOT one of the principal BI enablers?
A) People
B)Corporate processes
C)Corporate culture
D)Technology |
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Definition
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Term
| How can a company determine its most valuable customers? |
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Definition
RFM
Recency
Frequency
Monetary Value |
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Term
What is the key word in ERP?
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Definition
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Term
Which is the most difficult to change for an organization?
A) Hardware
B) People
C) Software
D) Procedures |
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Definition
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Term
Which answer has the three key resources for MIS in the correct order?
A) People, Information Technology, Information
B) Information, People, Information Technology
C) Information, Information Technology People
D) People, Information, Information Technology |
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Definition
| D) People, Information, Information Technology |
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Term
| What are the 5 common characteristics of quality information? |
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Definition
Accurateness
Completeness
Consistency
Uniqueness
Timeliness |
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Term
What refers to how well a system can adapt to increased demands?
A) Performance
B) Scalability
C) Redundancy
D) Timeliness |
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Definition
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Term
Which of the following represents the different information formats?
A)Detail, summary, aggregate
B) Individual, department, enterprise
C) Document, Spreadsheet, database, presentation
D) None of the above |
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Definition
| C) Document, spreadsheet, database, presentation |
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Term
What is the Five Force Model?
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Definition
Buyer power
Supplier power
Threat of substitute products/service
Rivalry among existing customers
Threat of new entrance |
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Term
What are the four Supply Chain Factors?
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Definition
Speed
Competition
Visibility
Consumer behavior |
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Term
What is SDLC? (Systems Developement Life Cycle)
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Definition
| The overrall process for developing information systems |
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Term
What are the three project variables in any project?
A)Time, cost, expense
B)Time, cost, quality
C) Time, expense, requirements
D)Time, cost, scope |
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Definition
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Term
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Definition
| The ability to purchase gods and services through a wireless Internet device. |
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Term
| What is an intelligent agent? |
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Definition
| A special-purpose knowledge based information system that accomplishes specific tasks on behalf of its users. |
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Term
| What is a sustaining technology? |
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Definition
| A technology that is better, faster, or cheaper than a current technology |
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Term
What are the business models?
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Definition
C2C-Consumer to Consumer
B2B-Business to Business
B2C-Business to Consumer
C2B-Consumer to Business |
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Term
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Definition
| When a website can know enough about a person's likes and dislikes that it can fashion offers that are more likeley to appeal to that person. |
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Term
| What are the 7 phases of the SDLC? |
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Definition
Planning
Analysis
Design
Development
Testing
Implementation
Maintenance |
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Term
What is using organizations from developing countries to write code and develop systems?
A)Insourcing
B)Outsourcing
C)Offshore outsourcing
D)Business process outsroucing |
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Definition
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Term
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Definition
| An internet retailer that has no physical store. |
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Term
| What are the three services provided by market makers for market participants? |
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Definition
A place to trade
Rules to govern trade
An infrastructure to support trading |
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Term
What is content managaement?
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Definition
| Provides tools to manage the creation, storage editing, and publication of information in a collaborative environment |
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Term
| What is core competency and core competency strategy? |
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Definition
| Core competency is a businesses key strength, something that it does better than its competitors. Core competency strategy focuses only on that key strength only |
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Term
| What is the hardware, software, and telecommunications equipment that, when combined, provide the underlying foundation to support the organizations goal? |
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Definition
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Term
| What are the four methods to launch software |
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Definition
Plunge
Parallel
Pilot
Phase |
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