WGU C724 Unit 2 Test 2023, 100%
What accepts data as input?
information systems
There are different types of information systems based on the different levels of
hierarchy in an organization. Which one helps senior executives analyze
information and come up with alternate actions and business strategies?
EIS executive information systems is at the top of the hierarchy.
Businesses face difficult decisions regarding their hardware needs. Constant
changes in ___________________________ can lead to obsolescence.
technology
One reason IT is important is because video conferencing has become cheaper,
quicker, more collaborative, and more efficient. Of what IT benefit is this an
example?
communication
Information technology is used everywhere; where you work, where you live, and
where you play. Keeping track of financial information and making transfers at
anytime, from home, without waiting in line is an example of what?
online banking
One of the advantages of information systems for businesses is to take raw data
and turn it into information, and then transform that information into knowledge.
The number of people in Florida below the poverty line is an example of
data
Internal and external elements that effect various parts of an organization, for
instance the government, competitors, customers, and suppliers, are examples of
what organizational feature?
environment
Most large corporations have several information systems to support their
functional business areas. The system that processes raw metal into car frame
is...
manufacturing and production
Business strategy is how a business achieves its goals and outperforms its
competitors. Strategic Information Systems (SIS) are used to help companies
accomplish business strategies. Some of the initiatives for implementing an SIS
include:
differentiating products, customer lock-in, and barrier to competitors
What are examples of competitive forces?
new market entrants, substitute products, customers, suppliers, competitive rivalry
What is a business ecosystem?
a collection of loosely coupled, interdependent industries that provide related services
and products across many industries.
Define synergy
the cooperation of two or more companies to gain efficiency and growth
ERP (enterprise resource planning)
standardized business procedures that allow for more consistency within the business
and remove redundancy. Typically uses one database to store all information needed
, by various business units and increases operational efficiency. Implementing this
system and automate tasks so employees could do their jobs more efficiently.
CRM (customer relationship management
focused marketing efforts, better customer experiences, automated reporting, and better
cooperation to respond to customer needs. For a new business, to collect customer
information online and at the register and to consolidate and merge the information to
better serve customers. Your boss asks you to collect zip codes for every customer who
purchases something in your store and then generate a report to show where they all
come from so he can market to the low zip code areas.
SCM (supply chain management)
Network of businesses that are connected to provide products and services more
efficiently to customers, accommodate rapid growth, and meet requirements of retailers
and distributors. Lower costs, improve collaboration, reduce cycle times, respond to
conflict, forecast demand, and manage product flow. Diane's Designer clothing wants to
be the price leader in the industry by cutting out the middleman, renting warehouse
space, producing easier clothing designs, and bringing products to market in less than 3
weeks.
KM (knowledge management)
supportive, collaborative, culture that includes corporate learning to foster corporate
efficiency and gain value from intellectual assets. Employees sharing of their expertise
and best practices across business units.
What is the key role of the CIO
provide vision and leadership for IT initiatives
What does a software engineer do?
code software to solve problems or perform tasks
the IoT (internet of things) is a growing topic in business and a hot IT career field.
What best describes IoT?
network of physical devices exchanging data in real-time with embedded chips to
communicate performance over the internet.
How does the use of internet-based technologies help businesses?
allow for distribution of information with external business entities, allow mobile and
external resources to access information which allows for better communication with
business partners and a good use of information technology
What is included or defined in a project, including goals, deliverables, costs, and
deadlines?
scope
What is an intangible benefit when evaluating information systems cost and
benefits?
customer satisfaction
What is the application of management techniques to collect, communicate, and
process information in order to make better management decisions?
information management
What is both an advantage and disadvantage to information management?
easy access to information
The _________________ of a global information system is the basic structure of
the information required to coordinate international business activities.
What accepts data as input?
information systems
There are different types of information systems based on the different levels of
hierarchy in an organization. Which one helps senior executives analyze
information and come up with alternate actions and business strategies?
EIS executive information systems is at the top of the hierarchy.
Businesses face difficult decisions regarding their hardware needs. Constant
changes in ___________________________ can lead to obsolescence.
technology
One reason IT is important is because video conferencing has become cheaper,
quicker, more collaborative, and more efficient. Of what IT benefit is this an
example?
communication
Information technology is used everywhere; where you work, where you live, and
where you play. Keeping track of financial information and making transfers at
anytime, from home, without waiting in line is an example of what?
online banking
One of the advantages of information systems for businesses is to take raw data
and turn it into information, and then transform that information into knowledge.
The number of people in Florida below the poverty line is an example of
data
Internal and external elements that effect various parts of an organization, for
instance the government, competitors, customers, and suppliers, are examples of
what organizational feature?
environment
Most large corporations have several information systems to support their
functional business areas. The system that processes raw metal into car frame
is...
manufacturing and production
Business strategy is how a business achieves its goals and outperforms its
competitors. Strategic Information Systems (SIS) are used to help companies
accomplish business strategies. Some of the initiatives for implementing an SIS
include:
differentiating products, customer lock-in, and barrier to competitors
What are examples of competitive forces?
new market entrants, substitute products, customers, suppliers, competitive rivalry
What is a business ecosystem?
a collection of loosely coupled, interdependent industries that provide related services
and products across many industries.
Define synergy
the cooperation of two or more companies to gain efficiency and growth
ERP (enterprise resource planning)
standardized business procedures that allow for more consistency within the business
and remove redundancy. Typically uses one database to store all information needed
, by various business units and increases operational efficiency. Implementing this
system and automate tasks so employees could do their jobs more efficiently.
CRM (customer relationship management
focused marketing efforts, better customer experiences, automated reporting, and better
cooperation to respond to customer needs. For a new business, to collect customer
information online and at the register and to consolidate and merge the information to
better serve customers. Your boss asks you to collect zip codes for every customer who
purchases something in your store and then generate a report to show where they all
come from so he can market to the low zip code areas.
SCM (supply chain management)
Network of businesses that are connected to provide products and services more
efficiently to customers, accommodate rapid growth, and meet requirements of retailers
and distributors. Lower costs, improve collaboration, reduce cycle times, respond to
conflict, forecast demand, and manage product flow. Diane's Designer clothing wants to
be the price leader in the industry by cutting out the middleman, renting warehouse
space, producing easier clothing designs, and bringing products to market in less than 3
weeks.
KM (knowledge management)
supportive, collaborative, culture that includes corporate learning to foster corporate
efficiency and gain value from intellectual assets. Employees sharing of their expertise
and best practices across business units.
What is the key role of the CIO
provide vision and leadership for IT initiatives
What does a software engineer do?
code software to solve problems or perform tasks
the IoT (internet of things) is a growing topic in business and a hot IT career field.
What best describes IoT?
network of physical devices exchanging data in real-time with embedded chips to
communicate performance over the internet.
How does the use of internet-based technologies help businesses?
allow for distribution of information with external business entities, allow mobile and
external resources to access information which allows for better communication with
business partners and a good use of information technology
What is included or defined in a project, including goals, deliverables, costs, and
deadlines?
scope
What is an intangible benefit when evaluating information systems cost and
benefits?
customer satisfaction
What is the application of management techniques to collect, communicate, and
process information in order to make better management decisions?
information management
What is both an advantage and disadvantage to information management?
easy access to information
The _________________ of a global information system is the basic structure of
the information required to coordinate international business activities.
