Chapter 01 Management Information Systems: Business Driven MIS True / False Questions 1. Companies today are successful when they combine the power of the information age with traditional business methods. True False 2. Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making. True False 3. The information
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Ref: 4 Topic: financial system Objective: Identify the key components of the financial system AACSB: Reflective Thinking 2) Which of the following is NOT a financial asset? A) a bond issued by Google B) Wells Fargo Bank C) a home mortgage loan D) a certificate of deposit Answer: B Diff: 1 Page Ref: 2 Topic: financial assets Objective: Identify the key components of the financial system AACSB: Reflective Thinking 3) If you buy a bond issued by Intel, the bond is a(n): A) liability to Intel
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profitability and survival of the organization. | |d. |the design of the organization and its systems in order to achieve the goals of the organization. | ANS: B PTS: 1 DIF: Easy REF: p. 4 OBJ: 1 NAT: AACSB Reflective Thinking LOC: HRM TOP: Definitional 2. HR metrics must be linked to |a. |statistical analyses. | |b. |industry outcomes.
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3. Psychology 4. Consumer behavior 5. Product differentiation Answer: d Page: 150 Difficulty: Easy AACSB: Analytic Skills 2. The fundamental determinant of a person’s wants and behavior is the person’s ________. 1. psyche 2. national origin 3. culture 4. peer group 5. family tree Answer: c Page: 150 Difficulty: Medium AACSB: Analytic Skills 3. A child growing up in the United States is exposed to all of the following values EXCEPT ________
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9.1 Project Scheduling Skill: Factual AACSB Tag: Reflective 2) A backward pass is performed when it is necessary to undo some work that has been performed in order to complete it properly. Answer: FALSE Diff: 1 Section: 9.2 Key Scheduling Terminology Skill: Factual AACSB Tag: Reflective 3) A merge activity has two or more immediate predecessors. Answer: TRUE Diff: 1 Section: 9.2 Key Scheduling Terminology Skill: Definition AACSB Tag: Reflective 4) Float is always measured
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ch2 Student: ___________________________________________________________________________ 1. Planning, implementation, and control are basic jobs of all managers. True False 2. The three basic jobs in the marketing management process are planning, implementation, and control. True False 3. Strategic planning is a top management job that includes planning only for marketing areas. True False 4. Strategic planning is the managerial process of developing and maintaining a match between an organization's
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becoming one interconnected economy. | |d. |All of the above. | ANS: D AACSB Analytic, Strategy PTS: 1 2. Globalization is |a. |The trend of businesses expanding beyond their domestic boundaries. | |b. |Increasing average temperature over the globe.
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information are the same. Answer: B Objective: Learning Objective 1 Difficulty: Easy AACSB: Analytic 2) Information is best described as A) raw facts about transactions. B) data that has been organized and processed so that it is meaningful to the user. C) facts that are useful when processed in a timely manner. D) the same thing as data. Answer: B Objective: Learning Objective 1 Difficulty: Easy AACSB: Analytic 3) The value of information can best be determined by A) its usefulness
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Chapter 01 Limits, Alternatives, and Choices Multiple Choice Questions 1. Economics is the study of: A. increasing the level of productive resources so there is maximum output in society. B. increasing the level of productive resources so there is a minimum level of income. C. how people, institutions, and society make choices under conditions of scarcity. D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses. 2. The
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Chapter 01 What Is Strategy and Why Is It Important? Multiple Choice Questions 1. | Managers in all types of businesses must address the central strategic question A. | Where are we now? | B. | Where do we want to go from here? | C. | How are we going to get there? | D. | When will we know we are there? | E. | All of these | | 2. | A company's strategy consists of A. | actions to develop a more appealing business model than rivals. | B. | plans involving
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