INFORMATION SYSTEMS
MANAGEMENT
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,Question 1
Executive information system
Correct Answer
A system that facilitates and supports senior managerial decisions.
Question 2
Data
Correct Answer
Unorganized data that lacks meaning.
Question 3
Information
Correct Answer
Data that has been organized in a meaningful manner.
Question 4
Information system
Correct Answer
An integrated network of components working together to convert data into useful information; includes an input,
a process, and an output; comprised of people, processes, machines, and information technology.
Question 5
Knowledge
Correct Answer
The practical application of information.
Question 6
Data, Information, and Knowledge example
Correct Answer
Data: The number of people below the poverty line in the region is 50,000.
Information: The number of people below the poverty line increases between 2010 and 2018.
Knowledge: The number of people below the poverty line has increased due to stagnating wages and cuts to
social programs.
Question 7
Decision support system
Correct Answer
This system uses models and statistical analysis to help decision makers solve problems
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,Question 8
Management information system (MIS)
Correct Answer
Provides timely and accurate information that enables managers to manage their departments more efficiently;
analyzes performance.
Question 9
Transaction processing system
Correct Answer
information system used for processing patient admissions, employee time cards, and purchase orders
Question 10
Information management
Correct Answer
The management of organizational processes and systems; helps the organization reduce costs and adds value to
products; helps the organization make better managerial decisions; stores and processes data.
Question 11
Information technology
Correct Answer
The use of computer and telecommunications systems for storing, retrieving, and sending information; comprised
of hardware, software, data, and networks.
Question 12
information technology management
Correct Answer
the management of hardware, software, data, networks, and people that facilitate access to information and allow
the organization to achieve business objectives.
Question 13
Strategic information system
Correct Answer
provide tools used by an organization to accomplish specific tasks to gain competitive advantage.
Question 14
Social Networking and interpersonal skills.
Correct Answer
Enhances interpersonal and relationship-forming skills.
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, Question 15
Porters 5 competitive forces
Correct Answer
Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Question 16
Network economics (network-based strategy)
Correct Answer
the cost of adding another business participant to a business venture is small, the potential gain is great.
Question 17
Business ecosystems
Correct Answer
Network of businesses involved in delivering a product through mutual cooperation.
Question 18
Product differentiation (business strategy)
Correct Answer
offering a higher quality product to differentiate from others in the market
Question 19
growth (business strategy)
Correct Answer
adding new products or new enhancements to existing products
Question 20
Enterprise Resource Planning (ERP)
Correct Answer
Involves utilizing computer technology to link various aspects of a business; a very complex resource planning
system that spans the entire business; companies often have difficulty implementing the system.
Question 21
Customer Relationship Management (CRM)
Correct Answer
Allows for personalized communication to customers.
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