EXAM LATEST 2026/27 | COMPLETE QUESTIONS AND ANSWERS
|RATED A
Executive h;information h;system
A h;system h;that h;facilitates h;and h;supports h;senior h;managerial h;decisions.
Data
Unorganized h;data h;that h;lacks h;meaning.
Information
Data h;that h;has h;been h;organized h;in h;a h;meaningful h;manner.
Information h;system
An h;integrated h;network h;of h;components h;working h;together h;to h;convert h;data h;into h;useful
h;information; h;includes h;an h;input, h;a h;process, h;and h;an h;output; h;comprised h;of h;people, h;processes,
h;machines, h;and h;information h;technology.
Knowledge
The h;practical h;application h;of h;information.
Data, h;Information, h;and h;Knowledge h;example
Data: h;The h;number h;of h;people h;below h;the h;poverty h;line h;in h;the h;region h;is h;50,000.
Information: h;The h;number h;of h;people h;below h;the h;poverty h;line h;increases h;between h;2010 h;and
h;2018.
Knowledge: h;The h;number h;of h;people h;below h;the h;poverty h;line h;has h;increased h;due h;to h;stagnating
h;wages h;and h;cuts h;to h;social h;programs.
Decision h;support h;system
,This h;system h;uses h;models h;and h;statistical h;analysis h;to h;help h;decision h;makers h;solve h;problems
Management h;information h;system h;(MIS)
Provides h;timely h;and h;accurate h;information h;that h;enables h;managers h;to h;manage h;their
h;departments h;more h;efficiently; h;analyzes h;performance.
Transaction h;processing h;system
information h;system h;used h;for h;processing h;patient h;admissions, h;employee h;time h;cards, h;and
h;purchase h;orders
Information h;management
The h;management h;of h;organizational h;processes h;and h;systems; h;helps h;the h;organization h;reduce
h;costs h;and h;adds h;value h;to h;products; h;helps h;the h;organization h;make h;better h;managerial
h;decisions; h;stores h;and h;processes h;data.
Information h;technology
The h;use h;of h;computer h;and h;telecommunications h;systems h;for h;storing, h;retrieving, h;and h;sending
h;information; h;comprised h;of h;hardware, h;software, h;data, h;and h;networks.
information h;technology h;management
the h;management h;of h;hardware, h;software, h;data, h;networks, h;and h;people h;that h;facilitate h;access
h;to h;information h;and h;allow h;the h;organization h;to h;achieve h;business h;objectives.
Strategic h;information h;system
provide h;tools h;used h;by h;an h;organization h;to h;accomplish h;specific h;tasks h;to h;gain h;competitive
h;advantage.
Social h;Networking h;and h;interpersonal h;skills.
Enhances h;interpersonal h;and h;relationship-forming h;skills.
Porters h;5 h;competitive h;forces
Intensity h;competitive h;rivalry
bargaining h;power h;of h;customers
bargaining h;power h;of h;suppliers
threat h;of h;new h;entrants
threat h;of h;substitutes
Network h;economics h;(network-based h;strategy)
, the h;cost h;of h;adding h;another h;business h;participant h;to h;a h;business h;venture h;is h;small, h;the
h;potential h;gain h;is h;great.
Business h;ecosystems
Network h;of h;businesses h;involved h;in h;delivering h;a h;product h;through h;mutual h;cooperation.
Product h;differentiation h;(business h;strategy)
offering h;a h;higher h;quality h;product h;to h;differentiate h;from h;others h;in h;the h;market
growth h;(business h;strategy)
adding h;new h;products h;or h;new h;enhancements h;to h;existing h;products
Enterprise h;Resource h;Planning h;(ERP)
Involves h;utilizing h;computer h;technology h;to h;link h;various h;aspects h;of h;a h;business; h;a h;very
h;complex h;resource h;planning h;system h;that h;spans h;the h;entire h;business; h;companies h;often h;have
h;difficulty h;implementing h;the h;system.
Customer h;Relationship h;Management h;(CRM)
Allows h;for h;personalized h;communication h;to h;customers.
Knowledge h;Management h;(KM)
These h;systems h;provide h;tools h;to h;help h;manage h;organizational h;knowledge h;and h;create h;value h;to
h;meet h;business h;requirements h;and h;strategic h;goals.
chief h;executive h;officer h;(CEO)
also h;called h;president h;or h;managing h;director, h;is h;responsible h;for h;the h;success h;or h;failure h;of h;the
h;company, h;creating h;the h;company h;culture, h;selecting h;the h;senior h;management h;team, h;setting
h;strategy h;and h;vision, h;and h;selecting h;projects h;to h;fund.
chief h;operations h;officer h;(COO)
is h;the h;director h;of h;operations, h;responsible h;for h;the h;oversight h;of h;internal h;operations h;on h;a
h;day-to-day h;basis h;and h;for h;monitoring h;production h;quotas
chief h;financial h;officer h;(CFO)
manages h;the h;company's h;cash h;flow h;and h;evaluates h;and h;communicates h;financial h;risks.
chief h;information h;officer h;(CIO)