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BMIS 311 CHP 12 - FINAL EXAM QUESTIONS AND ANSWER GRADED A++

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BMIS 311 CHP 12 - FINAL EXAM QUESTIONS AND ANSWER GRADED A++ As discussed in the chapter text, the three main reasons that investments in information technology do not always produce positive results are: information quality, organizational culture, and management filters Which of the following is not one of the Simon's four stages of decision making? A. Implementation B. Choice C. Intelligence D. Design E. Analysis Analysis When there is no well-understood or agreed on procedure for making a decision, it is said to be: unstructured If you can follow a definite procedure to make a business decision, you are making a(n) ________ decision. structured The concept of management ________ describes situations in which managers act on preconceived notions that reject information that does not conform to their prior conceptions. filters The ________ phase of decision making finds or recognizes a problem, need, or opportunity. intelligence The role of liaison falls into which of Mintzberg's managerial classifications? Interpersonal High velocity decision making systems are growing rapidly for decisions classed as: highly structured Which of the following statements best describes the business value of improved decision making? A. Improved decision making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency, production, costs, and more add up to large annual values. B. Improved decision making creates better products. C. Improved decision making strengthens customer and supplier intimacy, which reduces costs. D. Improved decision making strengthens customer and supplier intimacy, which reduces costs. E. Improved decision making enables senior executives to more accurately foresee future financial

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BMIS 311 CHP 12 - FINAL EXAM QUESTIONS AND

ANSWER GRADED A++

As discussed in the chapter text, the three main reasons that investments in information technology

do not always produce positive results are:


information quality, organizational culture, and management filters


Which of the following is not one of the Simon's four stages of decision making?



A. Implementation

B. Choice

C. Intelligence

D. Design

E. Analysis


Analysis


When there is no well-understood or agreed on procedure for making a decision, it is said to be:


unstructured


If you can follow a definite procedure to make a business decision, you are making a(n) ________

decision.


structured


The concept of management ________ describes situations in which managers act on preconceived

notions that reject information that does not conform to their prior conceptions.

, filters


The ________ phase of decision making finds or recognizes a problem, need, or opportunity.


intelligence


The role of liaison falls into which of Mintzberg's managerial classifications?


Interpersonal


High velocity decision making systems are growing rapidly for decisions classed as:


highly structured


Which of the following statements best describes the business value of improved decision making?



A. Improved decision making results in a large monetary value for the firm as numerous small daily

decisions affecting efficiency, production, costs, and more add up to large annual values.

B. Improved decision making creates better products.

C. Improved decision making strengthens customer and supplier intimacy, which reduces costs.

D. Improved decision making strengthens customer and supplier intimacy, which reduces costs.

E. Improved decision making enables senior executives to more accurately foresee future financial

trends.


Improved decision making results in a large monetary value for the firm as numerous small daily

decisions affecting efficiency, production, costs, and more add up to large annual values


________ are visual tools for presenting performance data in a BI system.


Dashboards and scorecards

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