MSM 6630 Final Exam | Actual Exam
Questions | 100% Correct Answers |
Verified 2024 Version
___ is the activity of two or more people working together to achieve a common goal, result, or
work product - ✔✔Collaboration
Which type of employee fraud has the highest median loss? - ✔✔Financial statement fraud
The difference between the total value added and the total costs incurred is called the ________ of the
value chain - ✔✔total margin
Neil creates an application which facilitates the easy storage and access of employee information like
name, age, experience, and qualifications for his organization. The application is an example of a(n) -
✔✔repository
Which of the following statements is TRUE about data marts? - ✔✔Data marts address the needs of a
particular department or functional area of a business.
is focused on completing a single specific task - ✔✔Weak AI
All of the following is considered metadata except __ - ✔✔the granularity of the data
According to the five-component model of information systems, the ________ component provides
instructions for the people who use information systems. - ✔✔procedure
Lynn, the manager of a transportation company, goes through the product delivery schedule. She assigns
territories to each executive of the delivery team, and also contacts the fleet supervisor to arrange trucks
for transportation. Which activity of the value chain is Lynn executing? - ✔✔outbound logistics
, Which of the following statements best describes the role of operations in a value chain -
✔✔transforming inputs into the final products
Samuel, a researcher, deduces that single women between the ages of 25 and 30, who usually live in the
suburbs and make thrifty purchases, prefer a particular brand of washing machines. In this case, Samuel
uses ________ to understand customer behavior - ✔✔cluster analysis
The CEO of a large company asks the sales manager to report the sales figures of the previous quarter.
The manager immediately sends her the list of products sold in the previous quarter. These details do
NOT qualify as good information because they are ____ - ✔✔not relevant
All of the following are sources Watson's acquires content except ___ - ✔✔from question but it does get
it from dictionaries, databases, literature, and reports
Competitive strategy determines all of the following except __ - ✔✔the company's PE ratio
The ________ created by Porter states that firms should create new, more efficient business processes
that integrate the activities of all departments involved in a value chain. - ✔✔business process design
According to Porter's five forces model, in which of the following situations would the supplier have the
highest bargaining power - ✔✔a dealer of a patented material for smartphone manufacturers
Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he
avoids being inundated with information by selecting only the few reports that actually serve his
purpose. Which principle of data characterization is Robert following? - ✔✔Information should be just
barely sufficient for its purpose
Artificial intelligence (AI) research has been driven by the demand for applications that ________ such as
ways to filter offense content. - ✔✔solve practical problems
Which of the following is a common description of information? - ✔✔knowledge derived from data
Questions | 100% Correct Answers |
Verified 2024 Version
___ is the activity of two or more people working together to achieve a common goal, result, or
work product - ✔✔Collaboration
Which type of employee fraud has the highest median loss? - ✔✔Financial statement fraud
The difference between the total value added and the total costs incurred is called the ________ of the
value chain - ✔✔total margin
Neil creates an application which facilitates the easy storage and access of employee information like
name, age, experience, and qualifications for his organization. The application is an example of a(n) -
✔✔repository
Which of the following statements is TRUE about data marts? - ✔✔Data marts address the needs of a
particular department or functional area of a business.
is focused on completing a single specific task - ✔✔Weak AI
All of the following is considered metadata except __ - ✔✔the granularity of the data
According to the five-component model of information systems, the ________ component provides
instructions for the people who use information systems. - ✔✔procedure
Lynn, the manager of a transportation company, goes through the product delivery schedule. She assigns
territories to each executive of the delivery team, and also contacts the fleet supervisor to arrange trucks
for transportation. Which activity of the value chain is Lynn executing? - ✔✔outbound logistics
, Which of the following statements best describes the role of operations in a value chain -
✔✔transforming inputs into the final products
Samuel, a researcher, deduces that single women between the ages of 25 and 30, who usually live in the
suburbs and make thrifty purchases, prefer a particular brand of washing machines. In this case, Samuel
uses ________ to understand customer behavior - ✔✔cluster analysis
The CEO of a large company asks the sales manager to report the sales figures of the previous quarter.
The manager immediately sends her the list of products sold in the previous quarter. These details do
NOT qualify as good information because they are ____ - ✔✔not relevant
All of the following are sources Watson's acquires content except ___ - ✔✔from question but it does get
it from dictionaries, databases, literature, and reports
Competitive strategy determines all of the following except __ - ✔✔the company's PE ratio
The ________ created by Porter states that firms should create new, more efficient business processes
that integrate the activities of all departments involved in a value chain. - ✔✔business process design
According to Porter's five forces model, in which of the following situations would the supplier have the
highest bargaining power - ✔✔a dealer of a patented material for smartphone manufacturers
Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he
avoids being inundated with information by selecting only the few reports that actually serve his
purpose. Which principle of data characterization is Robert following? - ✔✔Information should be just
barely sufficient for its purpose
Artificial intelligence (AI) research has been driven by the demand for applications that ________ such as
ways to filter offense content. - ✔✔solve practical problems
Which of the following is a common description of information? - ✔✔knowledge derived from data
