DIFFICULTY:
Challenging
REFERENCES:
Explain the importance and applications of information systems in functional areas of a business.
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
LEARNING OBJECTIVES:
MIS9.BIDG.19.01.07
TOPICS:
Information systems
Information technologies
KEYWORDS:
Analyze
DATE CREATED:
6/6/2018 3:56 PM
DATE MODIFIED:
7/23/2018 12:24 PM
53. Which decision is supported by a manufacturing information system (MFIS)?
a.
Determination of portfolio structures
b.
Analysis of price changes and discounts
c.
Improvement of routing and delivery schedules
d.
Monitoring of cost trends
ANSWER:
b
RATIONALE:
Correct. Analysis of price changes and discounts is carried out by an MFIS. MFISs can perform many types of analysis with a high degree of timeliness and accuracy. See 1-6: Using Information Systems and Information Technologies
POINTS:
1
DIFFICULTY:
Moderate
REFERENCES:
Explain the importance and applications of information systems in functional areas of a business.
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
LEARNING OBJECTIVES:
MIS9.BIDG.19.01.07
TOPICS:
Information systems
Information technologies
KEYWORDS:
Understand
DATE CREATED:
6/6/2018 3:56 PM
DATE MODIFIED:
7/23/2018 12:24 PM
54. Which decision is supported by a financial information system (FIS)?
a.
Determining portfolio structures
b.
Choosing the best job candidate
c.
Improving routing and delivery schedules
d.
Analyzing sales personnel
ANSWER:
a
RATIONALE:
Correct. FISs support decision making related to determining portfolio structures. Other decisions supported by an FIS are improving budget allocation, minimizing capital investment risks, monitoring cost trends, and managing cash flows. See 1-6: Using Information Systems and Information Technologies
POINTS:
1
DIFFICULTY:
Moderate
REFERENCES:
Explain the importance and applications of information systems in functional areas of a business.
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
LEARNING OBJECTIVES:
MIS9.BIDG.19.01.07
TOPICS:
Information systems
Information technologies
KEYWORDS:
Understand
DATE CREATED:
6/6/2018 3:56 PM
DATE MODIFIED:
7/23/2018 12:24 PM
55. Which system supports sales forecasting?
a.
Logistics information systems
b.
Personnel information systems
c.
Marketing information systems
d.
Financial information systems
ANSWER:
c
RATIONALE:
Correct. A marketing information system (MKIS) supports sales forecasting. MKISs are used to improve marketing decisions. See 1-6: Using Information Systems and Information Technologies
POINTS:
1
DIFFICULTY:
Moderate
REFERENCES:
Explain the importance and applications of information systems in functional areas of a business.
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
LEARNING OBJECTIVES:
MIS9.BIDG.19.01.07
TOPICS:
Information systems
Information technologies
KEYWORDS:
Understand
DATE CREATED:
6/6/2018 3:56 PM
DATE MODIFIED:
7/23/2018 12:24 PM
56. According to Michael Porter, which strategy can be followed by an organization to successfully compete in the marketplace?
a.
Groupthink