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($7.00) MIS535 Homework - Week 1 - 100% Correct

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1. Which of the following choices may lead to competitive advantage (1) new products, services and business models; (2) charging less for superior products; (3) responding to customers in real time? (Points : 1)  

2. An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support (Points : 1)  

3. The three activities in an information system that produce the information that organizations use to control operations are (Points : 1)  

4. The fundamental set of assumptions, values, and ways of doing things that has been accepted by most of a company's members is called its (Points : 1)  

5. The average number of tickets sold daily online is an example of (Points : 1)  

6. Networking and telecommunications technologies, along with computer hardware, software, data management technology, and the people required to run and manage them, constitute an organization's (Points : 1)  

7. Lower global costs of labor have (Points : 1)  

8. What's new in MIS? (Points : 1)  

9. Key corporate assets are (Points : 1)  

10. Engineers, scientists, or architects who design new products or services for a firm belong to which level of a business hierarchy? (Points : 1)  

11. What is the difference between the Internet and cloud computing? (Points : 1)  

12. An exponential rate of innovation means that (Points : 1)  

13. In a business hierarchy, the level that is responsible for monitoring the daily activities of the business is (Points : 1)  

14. The term "management information systems" designates a specific category of information systems serving (Points : 1)  

15. To monitor the status of internal operations and the firm's relations with the external environment, managers need _____ systems. (Points : 1)    

16. Which systems are typically a major source of data for other systems? (Points : 1)  

17. Decisions that are unique, rapidly changing, and not easily specified in advance are best suited to which type of system? (Points : 1)  

18. Which systems are especially suited to situations in which the procedure for arriving at a solution may not be fully predefined in advance? (Points : 1)  

19. Which systems are designed to span functional areas and focus on executing business processes across the firm? (Points : 1)  

20. Today's companies need fewer levels of management because (Points : 1)

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