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Information Systems CH 12 Business Analytics questions with right answers.
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Information Systems CH 12 Business Analytics questions with right answers.

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  • August 26, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • information systems ch 12 business analytics quest

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  • Business Analytics
  • Business Analytics

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Information Systems CH 12 Business
Analytics questions with right answers.

Managers have three basic roles ANS - Interpersonal, Informational, Decisonal



Interpersonal ANS - figurehead, leader, liasion



Informational ANS - monitor, disseminator, spokesperson, analyzer



Decisonal ANS - entrepreneur, disturbance handler, resource allocator, negotiator



Decision Making Process ANS - 1) Intelligence phase -- Examination; "what is the problem?"



2) Design phase -- validation of the model; "what are my options?"



3) Choice phase -- Verification, Testing of Proposed Solution; "pick an option and decide how to
implement it"



Why Managers Need IT support?? ANS - -The number of alternatives to be considered constantly
increases.



-Decisions must be made under time pressure



-Decisions are more complex, due to increased uncertainty



-Decision makers can be in different locations and so is the information

, Problem Structure ANS - the first dimension; where the decision making processes fall along the
continuum ranging from highly structured to highly unstructured decisions



Highly structured (Order entry)



Semistructured (Loan approval)



Highly unstructured (building new plant)



Nature of Decisions ANS - Second dimension dealing with:



Operational control

Management control

Strategic planning



Decision Matrix ANS - Lower-level managers: 1, 2, 4



Middle managers & professional Staff: 3, 5, 7



Senior Executives: 6, 8, 9



Operational control ANS - exectuting specific tasks efficiently and effectively



Management control ANS - acquiriing and using resources efficiently in accomplishing organizational
goals



Strategic planning ANS - the long-range goals and policies for growth resource allocatioin

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