100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MIS 301 Midterm questions with complete solutions (5) $11.49   Add to cart

Exam (elaborations)

MIS 301 Midterm questions with complete solutions (5)

 7 views  0 purchase
  • Course
  • MIS 301
  • Institution
  • MIS 301

MIS 301 Midterm questions with complete solutions (5)

Preview 2 out of 5  pages

  • October 17, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MIS 301
  • MIS 301
avatar-seller
Sakayobako30
MIS 301 Midterm questions with
complete solutions (5)

Five components of IS: - correct answer ✔✔1. Computer hardware

2. Software

3. Data

4. Procedures

5. People



IT is comprised of - correct answer ✔✔Hardware

Software

Data



Groupware & Enterprise Collaboration - correct answer ✔✔1. Social Networking Communications Tools

2. Electronic Communications Tools

3. Electronic Conferencing Tools

4. Collaborative Work Management Tools



Tacit Knowledge - correct answer ✔✔knowledge that's difficult to communicate



Procedural Knowledge - correct answer ✔✔knowledge exercised in the performance of some task.



Three decision levels: - correct answer ✔✔1. Operational- level decisions usually fairly structured and
short time horizon

2. Mid-level (control and tactical management) usually semi-structured and medium time horizon

3. Strategic- level decisions usually highly unstructured and long time horizon

, Decision outlook of CEO's, Mid-management, and workers - correct answer ✔✔1. CEO's lookout: 5-10
yrs

2. Mid Management: 6m-1 yr

3. Workers: day to day



Structured decisions - correct answer ✔✔Understood and accepted method for making decision



Ex:

-Formula for computing reorder quantity

-Allocating furniture and equipment to employees



Unstructured decisions - correct answer ✔✔No agreed on or standardized decision-making method



Ex:

-Predicting direction of economy or stock market

-How well suited an employee is for a particular job



Four Functional Organization Parts - correct answer ✔✔-HR

-Manufacturing and Distribution

-Sales and Marketing

-Accounting and Finance




IT is NOT considered a functional part of the organization



Cross Functional Systems - correct answer ✔✔1. CRM (Customer Relationship Management)

-Ex: SalesForce.com

2. SCM (Supply Chain Management)

-Ex: Walmart

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Sakayobako30. 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.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart