MSM 6630 FINAL EXAM| MSM 6630 FINAL
EXAM 100 questions and answers
1. ___ is the activity of two or more people working together to achieve a
common goal, result, or work product - ANSWER-Collaboration
2. Which type of employee fraud has the highest median loss? - ANSWER-
Financial statement fraud
3. The difference between the total value added and the total costs incurred
is called the ________ of the value chain - ANSWER-total margin
4. 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) - ANSWER-
repository
5. Which of the following statements is TRUE about data marts? -
ANSWER-Data marts address the needs of a particular department or
functional area of a business.
6. is focused on completing a single specific task - ANSWER-Weak AI
7. All of the following is considered metadata except __ - ANSWER-the
granularity of the data
8. According to the five-component model of information systems, the
________ component provides instructions for the people who use
information systems. - ANSWER-procedure
9. 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? -
ANSWER-outbound logistics
10.Which of the following statements best describes the role of operations in
a value chain - ANSWER-transforming inputs into the final products
11.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 - ANSWER-cluster analysis
12.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 ____ - ANSWER-not relevant
13.All of the following are sources Watson's acquires content except ___ -
ANSWER-from question but it does get it from dictionaries, databases,
literature, and reports
14.Competitive strategy determines all of the following except __ -
ANSWER-the company's PE ratio
15.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. - ANSWER-business process design
16.According to Porter's five forces model, in which of the following
situations would the supplier have the highest bargaining power -
ANSWER-a dealer of a patented material for smartphone manufacturers
EXAM 100 questions and answers
1. ___ is the activity of two or more people working together to achieve a
common goal, result, or work product - ANSWER-Collaboration
2. Which type of employee fraud has the highest median loss? - ANSWER-
Financial statement fraud
3. The difference between the total value added and the total costs incurred
is called the ________ of the value chain - ANSWER-total margin
4. 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) - ANSWER-
repository
5. Which of the following statements is TRUE about data marts? -
ANSWER-Data marts address the needs of a particular department or
functional area of a business.
6. is focused on completing a single specific task - ANSWER-Weak AI
7. All of the following is considered metadata except __ - ANSWER-the
granularity of the data
8. According to the five-component model of information systems, the
________ component provides instructions for the people who use
information systems. - ANSWER-procedure
9. 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? -
ANSWER-outbound logistics
10.Which of the following statements best describes the role of operations in
a value chain - ANSWER-transforming inputs into the final products
11.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 - ANSWER-cluster analysis
12.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 ____ - ANSWER-not relevant
13.All of the following are sources Watson's acquires content except ___ -
ANSWER-from question but it does get it from dictionaries, databases,
literature, and reports
14.Competitive strategy determines all of the following except __ -
ANSWER-the company's PE ratio
15.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. - ANSWER-business process design
16.According to Porter's five forces model, in which of the following
situations would the supplier have the highest bargaining power -
ANSWER-a dealer of a patented material for smartphone manufacturers
