Question 1

Which types of decisions are automated for high-velocity decision making?

Accepted Answer

A)   highly-structured decisions
B)   semi-structured financial decisions
C)   unstructured financial decisions
D)   all of the aboveE) B) and C)
F) A) and D)

Question 2

Behavioral models of managers find that,from observation,managers

Accepted Answer

A)   perform often fewer than 100 activities a day.
B)   operate best with standardized, predictable, printed information.
C)   create a formalized, hierarchic structure of contacts to provide filtered information.
D)   typically work in a fragmented manner, with only 10% of activities exceeding an hour in duration.E) A) and B)
F) A) and C)

Question 3

Which of the following is not one of the five observed ways in which managerial behavior differs from the classical description of managers?

Accepted Answer

A)   Managers perform a great deal of work at an unrelenting pace.
B)   Managerial activities are fragmented.
C)   Managers prefer regular, written reports on firm activities.
D)   Managers prefer oral forms of communication.E) B) and D)
F) A) and D)

Question 4

Which of the following companies is not one of the top five producers of business intelligence and analytics products?

Accepted Answer

A)   Sun
B)   Microsoft
C)   SAP
D)   IBME) A) and C)
F) None of the above

Question 5

The leading methodology for understanding the really important information needed by a firm's executives is called the ________ method.

Accepted Answer

A)   digital dashboard
B)   balanced scorecard
C)   KPI
D)   data visualizationE) C) and D)
F) B) and C)

Question 6

Simon's description of decision making consists of which four stages?

Accepted Answer

A)   planning, financing, implementation, and maintenance
B)   planning, design, implementation, and maintenance
C)   intelligence, design, choice, and implementation
D)   intelligence, design, financing, and implementationE) A) and B)
F) A) and C) C

Question 7

Predictive analytics is used for all of the following except

Accepted Answer

A)   anticipate customer response to price changes.
B)   identifying the most profitable customers.
C)   determining the best routes for product delivery.
D)   establishing consumer credit scores.E) A) and D)
F) B) and C)

Question 8

A key business decision in your sporting goods manufacturing company is determining what suppliers to use for your raw materials.How can you determine if a manager in charge of selecting suppliers is making the best choice?

Accepted Answer

Student answers will vary but should inc...

Question 9

Which of the following are most likely to rely primarily on production reports for their decision-making needs?

Accepted Answer

A)   operational employees and supervisors
B)   senior managers
C)   analytic modelers
D)   business analystsE) A) and D)
F) All of the above

Question 10

Backward sensitivity analysis software is used for goal seeking.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A)   Improved decision making creates better products.
B)   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.
C)   Improved decision making enables senior executives to more accurately foresee future financial trends.
D)   Improved decision making strengthens customer and supplier intimacy, which reduces costs.E) All of the above
F) None of the above

Question 12

Which of the following systems support a manager's role as leader of an organization?

Accepted Answer

A)   decision support systems
B)   telepresence systems
C)   e-mail
D)   MISE) C) and D)
F) B) and C)

Question 13

Improving the quality of high-value decision making by an executive will save an organization far more money than improving the quality of lesser-value decisions made at a lower level.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is not an example of a BI predefined production report?

Accepted Answer

A)   workforce demographics
B)   order cycle time
C)   revenue forecasts
D)   supplier performanceE) None of the above
F) B) and D) C

Question 15

MIS typically produce fixed,regularly scheduled reports based on data extracted and summarized from the firm's underlying transaction processing systems.

Accepted Answer

A) True 
 B)False

Question 16

GDSS

Accepted Answer

A)   require a small number of attendees in order to maintain high levels of productivity.
B)   enable increasing a meeting size without reducing productivity.
C)   include specific procedures for priority ranking the order in which participants can respond.
D)   utilize shared desktop computers to foster collaboration.E) A) and B)
F) A) and C)

Question 17

A structured decision can be made by following a well-defined set of procedures.No "feel" or intuition is necessary.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following managerial roles is not supported by information systems?

Accepted Answer

A)   liaison
B)   nerve center
C)   leader
D)   negotiatorE) B) and C)
F) A) and B)

Question 19

There are two different strategies for adopting BI and BA capabilities for the organization: ______________________________________.

Accepted Answer

A)   multiple integrated solutions versus multiple best-of-breed vendor solutions.
B)   one-stop integrated solutions versus one-stop best-of-breed vendor solutions.
C)   multiple integrated solutions versus one-stop best-of-breed vendor solutions.
D)   one-stop integrated solutions versus multiple best-of-breed vendor solutions.E) A) and C)
F) All of the above D

Question 20

_______________________make it possible to increase meeting size while at the same time increasing productivity because individuals contribute simultaneously rather than one at a time.

Accepted Answer

The answer of _______________________make it possible to increase meeting size...

Exam 12: Enhancing Decision Making

Which types of decisions are automated for high-velocity decision making?

Correct AnswerverifiedShow Answer

Behavioral models of managers find that,from observation,managers

Correct AnswerverifiedShow Answer

Which of the following is not one of the five observed ways in which managerial behavior differs from the classical description of managers?

Correct AnswerverifiedShow Answer

Which of the following companies is not one of the top five producers of business intelligence and analytics products?

Correct AnswerverifiedShow Answer

The leading methodology for understanding the really important information needed by a firm's executives is called the ________ method.

Correct AnswerverifiedShow Answer

Simon's description of decision making consists of which four stages?

Correct AnswerverifiedC

Predictive analytics is used for all of the following except

Correct AnswerverifiedShow Answer

A key business decision in your sporting goods manufacturing company is determining what suppliers to use for your raw materials.How can you determine if a manager in charge of selecting suppliers is making the best choice?

Correct AnswerverifiedStudent answers will vary but should inc...View AnswerShow Answer

Which of the following are most likely to rely primarily on production reports for their decision-making needs?

Correct AnswerverifiedShow Answer

Backward sensitivity analysis software is used for goal seeking.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following systems support a manager's role as leader of an organization?

Correct AnswerverifiedShow Answer

Improving the quality of high-value decision making by an executive will save an organization far more money than improving the quality of lesser-value decisions made at a lower level.

Correct AnswerverifiedShow Answer

Which of the following is not an example of a BI predefined production report?

Correct AnswerverifiedC

MIS typically produce fixed,regularly scheduled reports based on data extracted and summarized from the firm's underlying transaction processing systems.

Correct AnswerverifiedShow Answer

GDSS

Correct AnswerverifiedShow Answer

A structured decision can be made by following a well-defined set of procedures.No "feel" or intuition is necessary.

Correct AnswerverifiedShow Answer

Which of the following managerial roles is not supported by information systems?

Correct AnswerverifiedShow Answer

There are two different strategies for adopting BI and BA capabilities for the organization: ______________________________________.

Correct AnswerverifiedD

_______________________make it possible to increase meeting size while at the same time increasing productivity because individuals contribute simultaneously rather than one at a time.

Correct AnswerverifiedShow Answer

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C

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C

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D

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