ISA 235 Exam 1 Miami University 2025 Latest Examination Questions
with Verified A+ answers. A blueprint to A+ success.
Information collected from multiple sources such as suppliers, customers,
Business Intelligence competitors, partners, and industries that analyzes patterns,
trends, and relationships for strategic decision making
Skills, experience, and expertise coupled with information and
knowledge
intelligence that creates a person's intellectual resources
System a collection of parts that link to achieve a common purpose
a way of monitoring the entire system by viewing multiple
Systems Thinking inputs being processed or transformed to produce outputs
while continuously gathering feedback on each
part
Analytics the scientific process of transforming data into insight for making better
decisions
Business Analytics the scientific process of transforming data into insight for making better
decisions
Views a firm as a series of business processes that each add
Value Chain
value to the product or service. (execute business plan)
A world where interconnected, Internet-enabled devices or
Internet of Things (IOT)
"things" can collect and share data without human intervention
a collection of large, complex datasets, which cannot be
Big Data analyzed by traditional database methods and tools. Combines
business with science, research, and govt activities.
moves information about people, products, and processes across
the company to facilitate decision-making and problem-solving
Management Information System
(MIS) skills.
MIS is not technology -it's a business function
Algorithms mathematical formulas placed in software that performs an analysis on a data
set
A model for analyzing the competitive
forces within the environment in
Porter's Five Forces Model
which a company
operates, to assess the potential for
profitability in an industry.
, evaluates an organization's strengths, weaknesses,
SWOT analysis
opportunities, and threats to identify significant influences that
work for or against business strategies
occurs when one business unit is unable to freely communicate
Data Silo
with other business units making it difficult or impossible for
organizations to work cross-functionally
Business Process A standardized set of activities to get to a specific goal.
Business Process Automation the use of software to automate repeatable, multistep business transactions
A graphical notation that depicts the
steps in a business process
Business Process Modeling
(BPMN)
used to organize and categorize activities of a process, often a
Swim Lanes
lane represents a role
the use of software with artificial intelligence (AI) and machine
Robotic Process Automation (RPA) learning capabilities to handle high-volume, repeatable tasks
that previously required a human to perform
improves business process efficiencies by simplifying or
Business Process Streamlining
eliminating unnecessary steps
Business Process Reengineering the analysis and redesign of workflow within and between enterprises
with Verified A+ answers. A blueprint to A+ success.
Information collected from multiple sources such as suppliers, customers,
Business Intelligence competitors, partners, and industries that analyzes patterns,
trends, and relationships for strategic decision making
Skills, experience, and expertise coupled with information and
knowledge
intelligence that creates a person's intellectual resources
System a collection of parts that link to achieve a common purpose
a way of monitoring the entire system by viewing multiple
Systems Thinking inputs being processed or transformed to produce outputs
while continuously gathering feedback on each
part
Analytics the scientific process of transforming data into insight for making better
decisions
Business Analytics the scientific process of transforming data into insight for making better
decisions
Views a firm as a series of business processes that each add
Value Chain
value to the product or service. (execute business plan)
A world where interconnected, Internet-enabled devices or
Internet of Things (IOT)
"things" can collect and share data without human intervention
a collection of large, complex datasets, which cannot be
Big Data analyzed by traditional database methods and tools. Combines
business with science, research, and govt activities.
moves information about people, products, and processes across
the company to facilitate decision-making and problem-solving
Management Information System
(MIS) skills.
MIS is not technology -it's a business function
Algorithms mathematical formulas placed in software that performs an analysis on a data
set
A model for analyzing the competitive
forces within the environment in
Porter's Five Forces Model
which a company
operates, to assess the potential for
profitability in an industry.
, evaluates an organization's strengths, weaknesses,
SWOT analysis
opportunities, and threats to identify significant influences that
work for or against business strategies
occurs when one business unit is unable to freely communicate
Data Silo
with other business units making it difficult or impossible for
organizations to work cross-functionally
Business Process A standardized set of activities to get to a specific goal.
Business Process Automation the use of software to automate repeatable, multistep business transactions
A graphical notation that depicts the
steps in a business process
Business Process Modeling
(BPMN)
used to organize and categorize activities of a process, often a
Swim Lanes
lane represents a role
the use of software with artificial intelligence (AI) and machine
Robotic Process Automation (RPA) learning capabilities to handle high-volume, repeatable tasks
that previously required a human to perform
improves business process efficiencies by simplifying or
Business Process Streamlining
eliminating unnecessary steps
Business Process Reengineering the analysis and redesign of workflow within and between enterprises
