What is a way of monitoring an entire system by viewing multiple inputs being processed
or transformed to produce outputs while continuously gathering feedback on each part? -
Ans Systems thinking
Which of the following represents the order of priority for the three primary organizational
key r...
What is a way of monitoring an entire system by viewing multiple inputs being processed
or transformed to produce outputs while continuously gathering feedback on each part? -
Ans Systems thinking
Which of the following represents the order of priority for the three primary organizational
key resources? - Ans People, information, information technology
Which of the following represents the relationship between the functional areas at the Chicago
Rush? - Ans Interdependent
Which of the following refers to applications and technologies that are used to gather, provide
access to, and analyze data and information to support decision-making efforts? - Ans Business
Intelligence
Why is there generally a gap between IT personnel and business personnel? - Ans All of
these are correct
Data Collection - Step 1 - Ans Gather problem-related data, including who, what, where, why,
and how. Be sure to gather facts not rumors or opinions about the problem.
Solution Selection - Step 2 - Ans Select the solution that best solves the problem and meets the
needs of the business.
Solution Generation - Step 3 - Ans Detail every solution possible, including ideas thet seem
farfetched.
, Problem Identification - Step 4 - Ans Define the problem as clearly and precisely as possible.
Solution Test - Step 5 - Ans Evaluate solutions in terms of feasibility (can it be completed?),
suitability (is it a permanent or a temporary fix?), and acceptability (can all participants from a
consensus?).
Solution Implementation - Step 6 - Ans If the solution solves the problem, then the decisions
made were correct. If not, then the decisions were incorrect and the process begins again.
Order Delivery Process - Ans 1 Marketing, 2 Sales, 3 Operations Management, 4 Accounting
and Finance, 4 Customer Service
Unstructured Decision Making - Employment levels, Recession - Executive Information Systems
- Ans Strategic
Semi-structured Decision Making - Best Customers, Expected vs actual - Decision
Support System - Ans Managerial
Structured Decision Making - Sick employees, Inventory - Transaction Processing System - Ans
Operational
Which of the following is a reason why managerial decision making is challenging? - Ans They
must apply sophisticated analysis techniques, such as Porter's strategies, to make decisions.
Recall the decision-making process highlighted in your text. Which of the below represents
the first step in the process? - Ans Problem identification
Operational decisions are considered___________, which arise in situations in which
established processes offer potential solutions. - Ans structured decisions
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