MIS 111 Exam Questions With Correct
Answers
The trading price for a share of your company's common stock would determine which of the
following? - answerMarket Value
Accounting value (or book value) = - answerEquity= Assets - Liabilities
Market value - answer= share price* number of common sha...
The trading price for a share of your company's common stock would determine which of the
following? - answer✔✔Market Value
Accounting value (or book value) = - answer✔✔Equity= Assets - Liabilities
Market value - answer✔✔= share price* number of common shares outstanding
Assets - answer✔✔Liabilities + Equity
As reported on a company's balance sheet, which of the following would be equal to the sum of
the company's liabilities and shareholder equity? - answer✔✔Total assets
What term is used to describe the 12-month accounting period that a business uses when
determining its annual financial performance? - answer✔✔fiscal year
MARKET VALUE of a company is equal the number of common shares outstanding (also called
the float) times what other value? - answer✔✔The stock's trading price
What document is a financial snapshot of a company's overall performance at a given point time?
- answer✔✔Balance sheet
Michael Porter commented that the airports control of gates represented the impact of which of
the five forces? - answer✔✔Bargaining power of suppliers
When barriers to entry are low, which of porters forces would be a major driver for competition?
* - answer✔✔Threat of new entrants
WalMart has a(n) ___________ strategy. - answer✔✔cost leadership
..... industries experience the greatest threat from substitutes - answer✔✔Information - based
car and technology companies are currently competing over who can offer the first self-driving
car. This is an example of a....strategy - answer✔✔innovation
Which of the following strategies "I am better because I am different" - answer✔✔Differentation
The web....buyer power - answer✔✔has a mixed impact
Current information systems have evolved to focus on what role with respect to their services? -
answer✔✔Value creation
Porter's forces describes which of the following business issues? - answer✔✔Competition
What technology was invented in 1657 that redefined our perception of time? -
answer✔✔Balance spring
Who said MIS "solves real problems for real people" - answer✔✔Dr. Jay Nunamaker
Requiring users to take responsibility for ensuing the security of a residence hall is an example of
what aspect of MIS - answer✔✔People
In 2000, operating a basic internet application costs businesses approximately ________ per
month. In mid-2016, operating the same application in Amazon's cloud cost approximately
________ per month. - answer✔✔150,000, 1,000
Which of the following is the fastest-growing company that is disrupting the traditional job
recruiting industry - answer✔✔Linked-in
IT has changed the manager's job in many ways. Which of the following is NOT the result of this
change? - answer✔✔Easier to make a decision
IT makes managers ________ productive and ________ the number of employees who can
report to a single manager. - answer✔✔more, increases
IT __________ be used to create a competitive advantage ___________. - answer✔✔can, when
it is used effectively
Understandability, capability and acceptance are all related to what aspects of MIS? -
answer✔✔People
What term is used to describe when information systems are used beyond their initial objectives?
- answer✔✔Mission creep
Which of these security threats presents the most difficult threat for business organisations? -
answer✔✔Actions by employees
The requirement for everyone at the uofa to use net ID + is an example of what type of security?
- answer✔✔Defense-in-depth
rank the following security controls from highest to lowest - answer✔✔fingerprint, password,
signature
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Thebright. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
