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WGU C483 Principles of Management - (Pre-Assessment)

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WGU C483 Principles of Management - (Pre-Assessment) Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? Core competencies According to Michael Porter's competitive environment model, how can suppliers influence strategic planning? Suppliers can reduce manufacturing time and increase product quality. A company offers unique products in its industry to create a competitive advantage. Which type of strategy is the company using? Differentiation Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting company with news, cable, and entertainment networks. Happy Inc. recently acquired BCD in hopes of boosting its primary business of family entertainment. Which type of corporate strategy is represented by Happy Inc.'s purchase of their distribution network? Vertical integration A local business has provided services to its customers for 40 years. The business's mission is "To give our customers the best service in town." The owner of the business has had a long-standing dream to franchise the business and become the best provider of its service in the United States. What describes the owner's dream? Strategic vision What is the first step of organizational strategic planning? Developing a strategic mission A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Delivery of products or services What happens when an effective value chain is created? Profit margins are increased. The introduction of statistical tools to analyze the causes of product defects is associated with which quality improvement approach?

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Chapter 1: Fundamentals Of Information
Systems

Topic 1-Easy

help a person connect with friends, family, and colleagues online and meet people with similar
interests and hobbies.

A. Tender portals

B. Social networking sites

C. Archives panels

D. Classified advertisements

ANSWER: B



is a social networking site.

A. LinkedIn

B. Yahoo

C. Bing

D. Baidu

ANSWER: A



Which is an example of a social networking site?

A. Truecaller

B. Google+

C. eBay

D. PayPal

ANSWER: B



is skill in using productivity software, such as word processors, spreadsheets, database
management systems, and presentation software.

A. Network literacy

B. Business literacy

,C. Information literacy

D. Computer literacy

ANSWER: D



is understanding the role of information in generating and using business intelligence.

A. Information literacy

B. Business ability

C. Business mastery

D. Information retrieval

ANSWER: A



Which is a software component of a management information system (MIS)?

A. Commercial programs

B. Barcode readers

C. Memory devices

D. Application servers

ANSWER: A



In designing a management information system (MIS), the first task is to .

A. clearly define the system’s objectives

B. collect data

C. analyze data

D. provided information in a useful format

ANSWER: A




In designing a management information system (MIS), after defining the system’s objectives, the next
step is to .

A. provide information in a useful format

B. collect and analyze data

C. use information for decision making

,D. integrate the hardware and software components

ANSWER: B



The final task in designing a management information system (MIS) is .

A. collecting and analyzing internal and external data for accuracy and relevancy

B. providing information in a useful format for decision-making purposes

C. clearly defining the system’s objectives

D. integrating hardware and software components

ANSWER: B




In the context of the data component of an information system, internal data sources include .

A. personnel records

B. population statistics

C. economic conditions

D. government agencies

ANSWER: A




In the context of the data component of an information system, external data sources include .

A. transaction data

B. personnel records

C. labor statistics

D. sales records

ANSWER: C



Database management systems .

A. are used to create, organize, and manage databases

B. improve routing and delivery schedules of databases

C. are written for specific database applications

D. include transaction-processing reports for database analysis

, ANSWER: A



is a database management system (DBMS) that is suitable for a large organization.

A. Microsoft Access

B. FileMaker Pro

C. Oracle

D. Java

ANSWER: C



The purpose of an information system’s component is generating the most useful type of
information for making decisions.

A. process

B. internal data

C. external data

D. database

ANSWER: A



The four Ms of resources in information systems are .

A. management, motivation, manpower, and monitoring

B. materials, money, modeling, and monitoring

C. manpower, machinery, materials, and money

D. manpower, monitoring, movement, and modeling

ANSWER:c



A provides reports and statistics on employee demographics.

A. manufacturing information system

B. marketing information system

C. logistics information system

D. personnel information system

ANSWER: D

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