ITEC 1010 Final Exam Questions and
Answers (Latest Update 2026)
Programmed Decisions -
correct answer ✅Routine and repetitive decisions
Nonprogrammed Decisions -
correct answer ✅Typically one-time decisions that in many cases
are difficult to quantify
Structured Decisions -
correct answer ✅Ones where the variables that affect the
decisions cannot be measured quantitatively
Unstructured Decisions -
correct answer ✅Ones where the variables that affect the
decisions cannot be measured quantitatively
Semistructured Decisions -
correct answer ✅Ones where only some of the variables can be
measured quantitatively (this is most business decisions)
Optimization Model -
correct answer ✅Finding the best solution, the one that will best
help the organization meet its goals. Uses problem constraints
,ITEC 1010 Final Exam Questions and
Answers (Latest Update 2026)
Satisficing Model -
correct answer ✅Finding a good - but not necessarily the best -
solutions to a problem. Normally does not look at all possible
solutions, but only at those likely to give good results
Heuristics -
correct answer ✅Also known as "Rule of Thumb"; commonly
accepted guidelines or procedures that experience has shown
usually leads to a good solution
Management Information System (MIS) -
correct answer ✅An integrated collection of people, procedures,
databases, and devices that provides managers and decision
makers with information to help achieve organizational goals, and
provides the right information to the right people in the right
format and at the right time
Internal Input to a MIS -
correct answer ✅TPS and ERP systems and related databases
External Input to a MIS -
correct answer ✅Customers, suppliers, competitors, and
, ITEC 1010 Final Exam Questions and
Answers (Latest Update 2026)
stockholders, whose data is not already captured by the TPS and
enterprise systems
Outputs of MIS -
correct answer ✅Collection of reports that are distributed to
managers
Executive Dashboard -
correct answer ✅Presents a set of key performance indicators
Scheduled Reports -
correct answer ✅Produced periodically, such as daily, weekly, or
monthly
Key-Indicator Report -
correct answer ✅Summarizes the previous day's critical activities,
and is typically available at the beginning of each workday.
Exception Reports -
correct answer ✅Reports automatically produced when a situation
is unusual or requires management action
Answers (Latest Update 2026)
Programmed Decisions -
correct answer ✅Routine and repetitive decisions
Nonprogrammed Decisions -
correct answer ✅Typically one-time decisions that in many cases
are difficult to quantify
Structured Decisions -
correct answer ✅Ones where the variables that affect the
decisions cannot be measured quantitatively
Unstructured Decisions -
correct answer ✅Ones where the variables that affect the
decisions cannot be measured quantitatively
Semistructured Decisions -
correct answer ✅Ones where only some of the variables can be
measured quantitatively (this is most business decisions)
Optimization Model -
correct answer ✅Finding the best solution, the one that will best
help the organization meet its goals. Uses problem constraints
,ITEC 1010 Final Exam Questions and
Answers (Latest Update 2026)
Satisficing Model -
correct answer ✅Finding a good - but not necessarily the best -
solutions to a problem. Normally does not look at all possible
solutions, but only at those likely to give good results
Heuristics -
correct answer ✅Also known as "Rule of Thumb"; commonly
accepted guidelines or procedures that experience has shown
usually leads to a good solution
Management Information System (MIS) -
correct answer ✅An integrated collection of people, procedures,
databases, and devices that provides managers and decision
makers with information to help achieve organizational goals, and
provides the right information to the right people in the right
format and at the right time
Internal Input to a MIS -
correct answer ✅TPS and ERP systems and related databases
External Input to a MIS -
correct answer ✅Customers, suppliers, competitors, and
, ITEC 1010 Final Exam Questions and
Answers (Latest Update 2026)
stockholders, whose data is not already captured by the TPS and
enterprise systems
Outputs of MIS -
correct answer ✅Collection of reports that are distributed to
managers
Executive Dashboard -
correct answer ✅Presents a set of key performance indicators
Scheduled Reports -
correct answer ✅Produced periodically, such as daily, weekly, or
monthly
Key-Indicator Report -
correct answer ✅Summarizes the previous day's critical activities,
and is typically available at the beginning of each workday.
Exception Reports -
correct answer ✅Reports automatically produced when a situation
is unusual or requires management action
