Cob 202 - Study guides, Class notes & Summaries

COB 202 Final Exam (Only Chapter 9+10) Questions and answers. Decision Making - -Process of choosing a course of action for dealing with a problem or opportunity. Steps in Rational Decision Making: - -1.) Recognize and Define the Problem or Opportunity 2.) Identify and Analyze Alternative Course of Action 3.) Choose a Preferred Course of Action 4.) Implement the Preferred Course of Action 5.) Evaluate the Results and Follow Up as Necessary Lack of Participation Error - -Occurs when ce...

COB 202: Ch 11 EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE when a corporation purchases its own stock, the stock purchased is called ... stock - ANSWER- treasury purchasing treasury stock is a - ANSWER- asset use transaction Assume Stanley Company paid $25 per share to purchase 200 shares of its $10 par value common stock. Stanley reissues 100 shares of the treasury stock for $20 per share. Assume there were no previous treasury stock transactions. Then... - ANSWERLosses are no...

CIO correct answers Chief Information Officer, the highest position in the IT world, is in charge of the IS function Managing Information Systems correct answers difficult/complex task; contributing factors to this are IS have strategic value to organization, IS are expensive, evolution of IS function End User Computing correct answers computers are located in all departments and almost all employees use computers in their work Enterprise Resource Planning Systems (ERP) correct answers ...

COB 202 - 1st Test - (Ch. 2,3,7) EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE Dave Docket, the installation manager at Kleen Waterproofing, receives a high number of customer complaints that several crewmembers either come late to the job or they do not show up at all, without any communication with the customers. The job completion dates keep getting delayed, and customer dissatisfaction rate keeps increasing. Dave hires several new employees who are motivated, able to perform their jo...

COB 204 Final Exam Latest 2023 with Verified Answers Explain the difference between data versus information - Data: an elementary description of things, events, activities, and transaction that are recorded, classified, and stored but are not organized to convey and specific meaning - Information: Data that have been organized so that they have meaning and value to the recipient Explain information system concepts including input, processing, and output - input : Materials, services, and inform...

COB 202: Ch 11 EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE when a corporation purchases its own stock, the stock purchased is called ... stock - ANSWER- treasury purchasing treasury stock is a - ANSWER- asset use transaction Assume Stanley Company paid $25 per share to purchase 200 shares of its $10 par value common stock. Stanley reissues 100 shares of the treasury stock for $20 per share. Assume there were no previous treasury stock transactions. Then... - ANSWER- Losses are no...

COB 202: Ch 11 EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE when a corporation purchases its own stock, the stock purchased is called ... stock - ANSWER- treasury purchasing treasury stock is a - ANSWER- asset use transaction Assume Stanley Company paid $25 per share to purchase 200 shares of its $10 par value common stock. Stanley reissues 100 shares of the treasury stock for $20 per share. Assume there were no previous treasury stock transactions. Then... - ANSWERLosses are no...

Criteria for Successful Collaboration - ️️successful outcome, growth in team capability, meaningful and satisfying experience Metcalfe's Law - ️️the value of a network is equal to the square of the number of users connected to it Minimal Collaboration Tool Set - ️️Has the minimum possible set of tools. You should be able to collaborate with your team, though you will get little support from the software. Ex: email or file server Nielsen's Law - ️️network connection s...

A(n) __________ collects, processes, stores, analyzes, and disseminates information for a specific purpose. correct answers Information System Which of these reflects the poorest definition of "information"? correct answers information is data presented in a graph, chart, or table ________ is the ability to model the components of a system and to connect the inputs and outputs among those components into a sensible whole that reflects the structure and dynamics of the phenomenon observed...

Jan is deciding on ordering inventory for the next two months for her auto parts store. She is using historical sales data from previous years for this time period and projected demand from her industry trade group. Jan is making her decision primarily as a(n) ________________ decision. A) structured B) unstructured C) personal D) irrational correct answers A Structured decision making has the following characteristics: A) the decision is very quantifiable B) the decision is very predic...