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Exam 2: Strategic Decision Making

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Question 51

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_________________ is a computer-simulated environment that can be a simulated world or an imaginary world.

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Question 52

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Which of the following is an example of transactional data?

A) Trend projection
B) Sales projection
C) Purchasing stock
D) All of the above

E) C) and D)
F) B) and C)

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Question 53

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Organizations use _________ information to make ad hoc decisions.

A ________________________ is a graphic description of a process, showing the sequence of process tasks, which is developed for a specific purpose and from a selected viewpoint.

_____ objectives are semi-structured.

____________ information encompasses all organizational information and its primary purpose is to support the performing of managerial analysis tasks.

_________-seeking analysis could answer the question "How many customers are required to purchase our new product line to increase gross profits to $5 million?"

_____ addresses efficiency-getting the most from each resource.

Briefly explain the capabilities of OLAP.

Which of the following is an example of a neural network?

Business process re-engineering is the analysis and _________ of workflow within and between enterprises.

Transactional data is used when performing operational tasks and repetitive decisions such as analyzing daily sales reports and production schedules to determine how much inventory to carry.

Operational decisions focus on ____-term objectives.

What does examining business processes helps an organization determine?

_____________________________ result in a product or service that is received by an organization's external customer.

Police use _______________ network software to fight crime.

Which of the following is a type of transaction processing system?

A business process is the analysis and redesign of workflow within and between enterprises.

Which of the following is not a measure of effectiveness IS metric?

_______ are the three quantitative models typically used by a DSS.