MIST 6010 EXAM QUESTIONS WELL ANSWERED CORRECTLY LATEST UPDATE 2026

MIST 6010 EXAM QUESTIONS WELL ANSWERED CORRECTLY LATEST UPDATE 2026 Decision Rights - Answers Person w/responsibilities, approves, implements and has control; holding them accountable; centralized and decentralized Hierarchical - Answers orders go from top to bottom; info goes from bottom up Flat - Answers few levels of middle management used in small companies Matrix - Answers more than on line, cross functional. 2 supervisors assigned Networked - Answers Feels flat but hierarchical; outsourcing network to suppliers by communicating Formal and informal communication networks that connect all parts of the company social network - Answers brings together people of similar interests within corporations, create more dynamic repository resources Elastic Enterprise - Answers Flexible, want to grow, adaptive Work Design - Answers Job of the manager; must make decision, seek input from workers How does IT affect employee life - Answers create new types of work create new ways to do traditional work Supporting new ways to manage talent Telecommuting - Answers working from home or remote location, trend (work is knowledge based, newer technologies to work from home, time shift) Mobile Networks - Answers perform their work from a variety of locations rather than one location Business Processes - Answers set of tasks, has a beginning and end, set of metrics and cross functional, "big picture" inputs into outputs Agile - Answers Flexible and simplified. Focuses on iterative design, reconfiguration Dynamic Processes - Answers systems that learn and develop as they are used (critical for companies to remain competitive in changing industries- (same goes for agile) TQM - Answers Evolutionary change where processes are improved incrementally (can disrupt normal flow of business) BPR - Answers something to improve upon radically (can disrupt normal flow of business) six sigma - Answers 99% near perfect products example from TQM Enterprise Systems - Answers large info systems provide core functionality needed to run a business, share data SAP, Oracle, ERP, CRM, SCM BPM (Business Process Management) - Answers Systems are a class of systems that emerged to help manage workflows in the business. Help track document-based processes, manage person-to-person process steps, system-to-system steps, and those processes that include a combination. ERP - Answers centralize data repository and common applications that are coordinated, sometimes used to affect org. transformation through assumptions seamlessly integrate information flows throughout the company Horizontal Integration - Answers Looking beyond individual processes, consider cross functional pic., Integrated databases, web 2.0 technologies and services, and common infrastructure Bring your own device - Answers pros: transfer the cost of the device to the employee, familiarity using a personal device, less training required cons: security, lack of standardization, maintenance headaches for IT staff Enterprise Architecture - Answers processes data technologies customer groups Blueprint Consumerization - Answers creating mobile applications for employee and customer convenience, provide an online "app" for most software functionality that is web-enabled. Virtualization and cloud computing - Answers Move computing requirements to third party vendors, transferring the responsibilities and maintenance servers, storage, backup, network, and disaster recovery saas, paas, Iaas Adaptability - Answers core design of every IT infrastructure, why cloud computing and virtualization are popular Scalability - Answers how well a system can be adapted to increase demands Standardization - Answers hardware or software is easy to plug into an existing infrastructure or architecture Maintainability - Answers complexity of these systems increases the number of things that can go wrong Info Security - Answers Protecting every sever instead of one centralized system, confidentiality, integrity and availability IT Security Design Framework - Answers Decision that need to be made about IT Security who must make them what is rationale 5 areas of IT security decision framework - Answers infrastructure security strategy polices training investments Two Sided Market - Answers Intermediary that connects both parties and produces value for both users Same side effect cross side positive negative Information Strategy Triangle - Answers business strategy drives both org and IT Strategies. they need to balance each other, org strategy must complement business strategy and info strategy and org must complement each other Sharing economy - Answers product service systems that allow users to share products owned by private persons or companies, sharing human and physical assets, technology economic factors ex. uber, air b and b, strategy - Answers mission of the organization; coordinated set of actions to fulfill objectives, purposes and goals Dynamic Strategy - Answers hypercompetiton, blue ocean, creative destruction business strategy - Answers plan articulating where a business seeks to go and how it expects to get there. porter generic framework dynamic framework Hyper competition Blue ocean Porter Generic Model - Answers Differentiation- product uniqueness Cost leadership- above avg performance by selling products that are comparable, lowest cost producer Focus- products meet needs of a segment in the market based on cost focus, limited scope, particular segment Hypercompetition - Answers more important to disrupt than to attempt to sustain an advantage, creates red ocean Creative Destruction - Answers what competitors might do to attempt to destroy the firm, what should be done about it Blue Ocean - Answers differentiation, creating new products in untapped markets, redefines the industry, must be able to adjust quickly to changes in the marketplace. Managerial Levers Model - Answers links organizational structure variables, control variables and cultural variables, can manipulate managerial levers to effect change IS Strategy - Answers Plan for information services and supports business strategy through needs fulfillment Long Tail Economy - Answers Non mainstream products are looked at that arent found in brick and mortar stores Information resources 1 - Answers data, technology, people and processes available to perform processes or tasks assets or capabilities Porters 5 forces model- can be used to alter firms position in industry Porters value chain model Resource based view IT Asset - Answers tangible or intangible used by a firm to create products and offering products IT Capability - Answers learned or developed over time in order for the firm to create, produce or offer its products Network Effects - Answers benefits increase as network grows Bargaining power of buyers - Answers influenced by using info resources to build switching costs