Question 1

The ratio between organizational inputs and outputs is an indication of the organization's productivity.

Accepted Answer

A) True 
 B)False

Question 2

Tony is working for the CEO of a small company. She asks him to develop a dashboard. Tony starts thinking about the questions he needs to ask. Which of the following questions is not on his list?

Accepted Answer

A)  How many levels do you wish to drill down?
B)  What are your key performance indicators?
C)  Do you need real-time data?
D)  Do you want graphs and charts or text?
E)  Should it run on your iPhone?

Question 3

Shawn is doing some budgeting for his new start-up business. He has developed a budget in Excel using formulas, as he was taught to do in university. Which of the following statements is true?

Accepted Answer

A)  If Shawn changes one of his assumptions, Excel will automatically recalculate the budget numbers.
B)  Shawn would use sensitivity analysis to check the impact of changing his price.
C)  Shawn would use roll-up to review his summary numbers.
D)  Shawn would use what-if analysis to check the impact of changing his price and the commission he pays his sales people.
E)  Shawn would use goal-seeking analysis to examine the impact of changing his forecast of units sold. A

Question 4

Dashboards are typically targeted at _________.

Accepted Answer

A)  middle managers
B)  operational managers
C)  tactical managers
D)  top executives

Question 5

Discuss the information technologies that are available to support managers.

Accepted Answer

Information technologies available to su...

Question 6

A(n) ____________ provides rapid access to timely information and direct access to management reports.

Accepted Answer

A)  decision support system
B)  expert system
C)  neural network
D)  digital dashboard
E)  data warehouse

Question 7

BI only works in large organizations.

Accepted Answer

A) True 
 B)False

Question 8

Rank-and-file employees tend to make more _________ decisions.

Accepted Answer

A)  structured
B)  unstructured
C)  undocumented
D)  semistructured
E)  procedural

Question 9

___________ is the efficient and effective execution of specific tasks.

Accepted Answer

A)  Operational control
B)  Management control
C)  Strategic planning
D)  Expertise
E)  Wisdom

Question 10

Environmental Systems Research Institute is an international supplier of ______.

Accepted Answer

A)  AI
B)  DSS
C)  ERP
D)  GIS D

Question 11

Reality mining allows analysts to extract information from social networking sites.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is not a characteristic of organizational decision support systems?

Accepted Answer

A)  They affect multiple organizational units or corporate issues.
B)  They cut across organizational functions or hierarchical layers.
C)  They involve computer-based technologies.
D)  They are standalone systems.
E)  They involve communications technologies.

Question 13

Management control is the acquisition and efficient use of resources in accomplishing organizational tasks.

Accepted Answer

A) True 
 B)False

Question 14

Unstructured decisions require a combination of standard solution procedures and individual judgement.

Accepted Answer

A) True 
 B)False

Question 15

The goal of ________ analysis is to see what you can get by changing some criteria.

Accepted Answer

A)  assumption
B)  goal-seeking
C)  sensitivity
D)  what-if C

Question 16

Corporate performance management is involved with monitoring and managing an organization's performance according to key performance indicators.

Accepted Answer

A) True 
 B)False

Question 17

Explain how what-if analysis is employed, using examples.

Accepted Answer

What-if analysis is a technique used to ...

Question 18

Describe the three major roles of managers.

Accepted Answer

The three major roles of managers are pl...

Question 19

Calculating gross pay for hourly workers is an example of _________ decision making.

Accepted Answer

A)  structured
B)  unstructured
C)  undocumented
D)  semistructured
E)  procedural

Question 20

Decision-support systems support only lower- and middle-level managers.

Accepted Answer

A) True 
 B)False

Exam 12: Business Intelligence

The ratio between organizational inputs and outputs is an indication of the organization's productivity.

Correct AnswerverifiedShow Answer

Tony is working for the CEO of a small company. She asks him to develop a dashboard. Tony starts thinking about the questions he needs to ask. Which of the following questions is not on his list?

Correct AnswerverifiedShow Answer

Shawn is doing some budgeting for his new start-up business. He has developed a budget in Excel using formulas, as he was taught to do in university. Which of the following statements is true?

Correct AnswerverifiedA

Dashboards are typically targeted at _________.

Correct AnswerverifiedShow Answer

Discuss the information technologies that are available to support managers.

Correct AnswerAnswered by ExamLex AIInformation technologies available to su...View AnswerShow Answer

A(n) ____________ provides rapid access to timely information and direct access to management reports.

Correct AnswerverifiedShow Answer

BI only works in large organizations.

Correct AnswerverifiedShow Answer

Rank-and-file employees tend to make more _________ decisions.

Correct AnswerverifiedShow Answer

___________ is the efficient and effective execution of specific tasks.

Correct AnswerverifiedShow Answer

Environmental Systems Research Institute is an international supplier of ______.

Correct AnswerverifiedD

Reality mining allows analysts to extract information from social networking sites.

Correct AnswerverifiedShow Answer

Which of the following is not a characteristic of organizational decision support systems?

Correct AnswerverifiedShow Answer

Management control is the acquisition and efficient use of resources in accomplishing organizational tasks.

Correct AnswerverifiedShow Answer

Unstructured decisions require a combination of standard solution procedures and individual judgement.

Correct AnswerverifiedShow Answer

The goal of ________ analysis is to see what you can get by changing some criteria.

Correct AnswerverifiedC

Corporate performance management is involved with monitoring and managing an organization's performance according to key performance indicators.

Correct AnswerverifiedShow Answer

Explain how what-if analysis is employed, using examples.

Correct AnswerAnswered by ExamLex AIWhat-if analysis is a technique used to ...View AnswerShow Answer

Describe the three major roles of managers.

Correct AnswerAnswered by ExamLex AIThe three major roles of managers are pl...View AnswerShow Answer

Calculating gross pay for hourly workers is an example of _________ decision making.

Correct AnswerverifiedShow Answer

Decision-support systems support only lower- and middle-level managers.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
Information technologies available to su...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
C

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
What-if analysis is a technique used to ...
View Answer

Correct Answer
Answered by ExamLex AI
The three major roles of managers are pl...
View Answer

Correct Answer
verified

Correct Answer
verified