DETAILED ANSWERS (GUARANTEED PASS)
Question
Which of the following are not one of the levels of an organization according to
the hierarchical perspective?
A. Strategic
B. Managerial
C. Operational
D. None of the above
E. Transactional - VERIFIED ANSWER- E. Transactional
Rationale: The three organizational levels are strategic, managerial, and
operational. Transactional is not a hierarchical level .
Question
Which of the following is correct regarding the characteristics of decision
making at the executive level of an organization?
A. it is often supported by Executive Information Systems (EIS)
B. It is highly unstructured and often ad hoc.
C. All choices are correct.
D. The objective is to predict future developments by evaluating trends
E. It is concerned with high-level, long term decisions - VERIFIED ANSWER- C.
All choices are correct
Rationale: Executive decision-making is characterized by all these features:
supported by EIS, unstructured, ad hoc, focused on future trends, and
concerned with long-term strategic decisions .
Question
Which kind of analytics make use of statistical modeling and machine learning
algorithms?
,A. Prescriptive analytics
B. Predictive analytics
C. Descriptive analytics
D. Big data analytics - VERIFIED ANSWER- B. Predictive analytics
Rationale: Predictive analytics uses statistical modeling and machine learning
to forecast future outcomes based on historical data .
Question
Which one of the following is not one of the three main phases of the IS cycle?
A. Integrating transaction processing systems
B. Preparing for the future
C. Remembering the past
D. Handling the present - VERIFIED ANSWER- A. Integrating transaction
processing systems
Rationale: The three main phases of the IS cycle are remembering the past
(TPS), handling the present (DSS/EIS), and preparing for the future (strategic
planning) .
Question
What is the focus of predictive analytics?
A. to better understand what has occurred
B. To better understand what will occur
C. To guide managerial decisions
D. To better understand what should occur - VERIFIED ANSWER- B. To better
understand what will occur
Rationale: Predictive analytics focuses on forecasting future events and
outcomes .
Question
"A system mainly concerned with automating recurring activities and
structuring day-to-day activities to ensure that they are performed with speed
and accuracy" is:
,A. a functional system
B. A TPS
C. An EIS
D. A DSS
E. None of the choices are correct - VERIFIED ANSWER- B. A TPS
Rationale: Transaction Processing Systems (TPS) are designed to automate
and structure routine, day-to-day business transactions .
Question
Positive feedback refers to what?
A. An economic condition where nothing changes
B. An economic condition where the weaker gets stronger and the stronger get
weaker.
C. An economic condition where the stronger gets stronger and the weaker get
weaker
D. An economic condition that is completely unpredictable. - VERIFIED
ANSWER- C. An economic condition where the stronger gets stronger and
the weaker get weaker
Rationale: Positive feedback is a self-reinforcing cycle where success breeds
more success, and weakness leads to further weakness .
Question
Information goods are not:
A. Reusable
B. Easy to produce
C. Easily distributed
D. Reproducible
E. Customizable - VERIFIED ANSWER- B. Easy to produce
Rationale: Information goods have high production costs but low reproduction
and distribution costs. They are reusable, reproducible, easily distributed, and
customizable .
, Question
Which of the following is not an economic characteristic of information?
A. low distribution cost
B. information goods are not consumed by use
C. low production costs
D. low replication costs
E. There is a high risk involved in producing information goods - VERIFIED
ANSWER- C. low production costs
Rationale: Information goods actually have high production costs (creating the
first copy) but low reproduction and distribution costs .
Question
Which of the following is a simple definition of the Internet?
A. A network of networks
B. A user interface
C. The cable infrastructure used to connect computers
D. A place where network effects happen
E. A connection between two or more computers - VERIFIED ANSWER- A. A
network of networks
Rationale: The Internet is fundamentally a global system of interconnected
computer networks .
Question
Network effects are associated with:
A. demand-side economies of scale
B. Supply-side economies of scale
C. large manufacturing facilities
D. Word-of-mouth communication
E. Both supply-side and demand-side economies of scale - VERIFIED ANSWER-
A. demand-side economies of scale