WGU C724 (Information Systems
Management) ||QUESTIONS AND
CORRECT ANSWERS||GRADED
A+||DOWNLOAD NOW||
Executive information system -CORRECT ANSWER A system that facilitates and
supports senior managerial decisions.
Data -CORRECT ANSWER Unorganized data that lacks meaning.
Information -CORRECT ANSWER Data that has been organized in a meaningful
manner.
Information system -CORRECT ANSWER An integrated network of components
working together to convert data into useful information; includes an input, a process,
and an output; comprised of people, processes, machines, and information technology.
Knowledge -CORRECT ANSWER The practical application of information.
Data, Information, and Knowledge example -CORRECT ANSWER Data: The number of
people below the poverty line in the region is 50,000.
Information: The number of people below the poverty line increases between 2010 and
2018.
Knowledge: The number of people below the poverty line has increased due to
stagnating wages and cuts to social programs.
Decision support system -CORRECT ANSWER This system uses models and
statistical analysis to help decision makers solve problems
Management information system (MIS) -CORRECT ANSWER Provides timely and
accurate information that enables managers to manage their departments more
efficiently; analyzes performance.
Transaction processing system -CORRECT ANSWER information system used for
processing patient admissions, employee time cards, and purchase orders
Information management -CORRECT ANSWER The management of organizational
processes and systems; helps the organization reduce costs and adds value to
,products; helps the organization make better managerial decisions; stores and
processes data.
Information technology -CORRECT ANSWER The use of computer and
telecommunications systems for storing, retrieving, and sending information; comprised
of hardware, software, data, and networks.
information technology management -CORRECT ANSWER the management of
hardware, software, data, networks, and people that facilitate access to information and
allow the organization to achieve business objectives.
Strategic information system -CORRECT ANSWER provide tools used by an
organization to accomplish specific tasks to gain competitive advantage.
Social Networking and interpersonal skills. -CORRECT ANSWER Enhances
interpersonal and relationship-forming skills.
Porters 5 competitive forces -CORRECT ANSWER Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Network economics (network-based strategy) -CORRECT ANSWER the cost of adding
another business participant to a business venture is small, the potential gain is great.
Business ecosystems -CORRECT ANSWER Network of businesses involved in
delivering a product through mutual cooperation.
Product differentiation (business strategy) -CORRECT ANSWER offering a higher
quality product to differentiate from others in the market
growth (business strategy) -CORRECT ANSWER adding new products or new
enhancements to existing products
Enterprise Resource Planning (ERP) -CORRECT ANSWER Involves utilizing computer
technology to link various aspects of a business; a very complex resource planning
system that spans the entire business; companies often have difficulty implementing the
system.
Customer Relationship Management (CRM) -CORRECT ANSWER Allows for
personalized communication to customers.
Knowledge Management (KM) -CORRECT ANSWER These systems provide tools to
help manage organizational knowledge and create value to meet business requirements
and strategic goals.
, chief executive officer (CEO) -CORRECT ANSWER also called president or managing
director, is responsible for the success or failure of the company, creating the company
culture, selecting the senior management team, setting strategy and vision, and
selecting projects to fund.
chief operations officer (COO) -CORRECT ANSWER is the director of operations,
responsible for the oversight of internal operations on a day-to-day basis and for
monitoring production quotas
chief financial officer (CFO) -CORRECT ANSWER manages the company's cash flow
and evaluates and communicates financial risks.
chief information officer (CIO) -CORRECT ANSWER a business leader who analyzes
internal business processes such as payroll and billing, reshapes the physical
infrastructure and network purchases to meet business goals, and leads the workforce
to implement critical IT internal projects; responsible for information systems strategic
thinking and planning.
chief technology officer (CTO) -CORRECT ANSWER has ultimate responsibility for all
technology implementation, maintaining technology compliance regulations, and
identifying technology risks for the company.
chief security officer (CSO) -CORRECT ANSWER is the highest level executive
concerned with the overall security functions and policies of a business.
Systems Analyst -CORRECT ANSWER A change agent who uses design and analysis
techniques to solve organizational problems using information technology; they report
about system development and keep others informed; should understand overall
business processes; focuses on analysis, design, and implementation
Information Security Analyst -CORRECT ANSWER Their goal is to ensure that data
and systems are secure to prevent breaches.
Information Security -CORRECT ANSWER The concept of protecting valuable
information assets.
Project Manager -CORRECT ANSWER They deliver quality systems on time, manage
the budget, and plan for the unexpected (they do not train new users).
Gantt chart -CORRECT ANSWER A visual view of tasks scheduled over time; used for
planning projects.
Dashboard -CORRECT ANSWER A system that is the culmination of information from
many data sources, allowing management to perform a thorough analysis.
Management) ||QUESTIONS AND
CORRECT ANSWERS||GRADED
A+||DOWNLOAD NOW||
Executive information system -CORRECT ANSWER A system that facilitates and
supports senior managerial decisions.
Data -CORRECT ANSWER Unorganized data that lacks meaning.
Information -CORRECT ANSWER Data that has been organized in a meaningful
manner.
Information system -CORRECT ANSWER An integrated network of components
working together to convert data into useful information; includes an input, a process,
and an output; comprised of people, processes, machines, and information technology.
Knowledge -CORRECT ANSWER The practical application of information.
Data, Information, and Knowledge example -CORRECT ANSWER Data: The number of
people below the poverty line in the region is 50,000.
Information: The number of people below the poverty line increases between 2010 and
2018.
Knowledge: The number of people below the poverty line has increased due to
stagnating wages and cuts to social programs.
Decision support system -CORRECT ANSWER This system uses models and
statistical analysis to help decision makers solve problems
Management information system (MIS) -CORRECT ANSWER Provides timely and
accurate information that enables managers to manage their departments more
efficiently; analyzes performance.
Transaction processing system -CORRECT ANSWER information system used for
processing patient admissions, employee time cards, and purchase orders
Information management -CORRECT ANSWER The management of organizational
processes and systems; helps the organization reduce costs and adds value to
,products; helps the organization make better managerial decisions; stores and
processes data.
Information technology -CORRECT ANSWER The use of computer and
telecommunications systems for storing, retrieving, and sending information; comprised
of hardware, software, data, and networks.
information technology management -CORRECT ANSWER the management of
hardware, software, data, networks, and people that facilitate access to information and
allow the organization to achieve business objectives.
Strategic information system -CORRECT ANSWER provide tools used by an
organization to accomplish specific tasks to gain competitive advantage.
Social Networking and interpersonal skills. -CORRECT ANSWER Enhances
interpersonal and relationship-forming skills.
Porters 5 competitive forces -CORRECT ANSWER Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Network economics (network-based strategy) -CORRECT ANSWER the cost of adding
another business participant to a business venture is small, the potential gain is great.
Business ecosystems -CORRECT ANSWER Network of businesses involved in
delivering a product through mutual cooperation.
Product differentiation (business strategy) -CORRECT ANSWER offering a higher
quality product to differentiate from others in the market
growth (business strategy) -CORRECT ANSWER adding new products or new
enhancements to existing products
Enterprise Resource Planning (ERP) -CORRECT ANSWER Involves utilizing computer
technology to link various aspects of a business; a very complex resource planning
system that spans the entire business; companies often have difficulty implementing the
system.
Customer Relationship Management (CRM) -CORRECT ANSWER Allows for
personalized communication to customers.
Knowledge Management (KM) -CORRECT ANSWER These systems provide tools to
help manage organizational knowledge and create value to meet business requirements
and strategic goals.
, chief executive officer (CEO) -CORRECT ANSWER also called president or managing
director, is responsible for the success or failure of the company, creating the company
culture, selecting the senior management team, setting strategy and vision, and
selecting projects to fund.
chief operations officer (COO) -CORRECT ANSWER is the director of operations,
responsible for the oversight of internal operations on a day-to-day basis and for
monitoring production quotas
chief financial officer (CFO) -CORRECT ANSWER manages the company's cash flow
and evaluates and communicates financial risks.
chief information officer (CIO) -CORRECT ANSWER a business leader who analyzes
internal business processes such as payroll and billing, reshapes the physical
infrastructure and network purchases to meet business goals, and leads the workforce
to implement critical IT internal projects; responsible for information systems strategic
thinking and planning.
chief technology officer (CTO) -CORRECT ANSWER has ultimate responsibility for all
technology implementation, maintaining technology compliance regulations, and
identifying technology risks for the company.
chief security officer (CSO) -CORRECT ANSWER is the highest level executive
concerned with the overall security functions and policies of a business.
Systems Analyst -CORRECT ANSWER A change agent who uses design and analysis
techniques to solve organizational problems using information technology; they report
about system development and keep others informed; should understand overall
business processes; focuses on analysis, design, and implementation
Information Security Analyst -CORRECT ANSWER Their goal is to ensure that data
and systems are secure to prevent breaches.
Information Security -CORRECT ANSWER The concept of protecting valuable
information assets.
Project Manager -CORRECT ANSWER They deliver quality systems on time, manage
the budget, and plan for the unexpected (they do not train new users).
Gantt chart -CORRECT ANSWER A visual view of tasks scheduled over time; used for
planning projects.
Dashboard -CORRECT ANSWER A system that is the culmination of information from
many data sources, allowing management to perform a thorough analysis.
