MIS 200 Study Test Questions with Correct Answers
Three criteria for successful collaboration - Answer-1. successful outcome
2. growth in team capability
3. meaningful and satisfying experience
Four primary purposes of collaboration and their relationships - Answer-1. become informed- Share ...
MIS 200 Study Test Questions with
Correct Answers
Three criteria for successful collaboration - Answer-1. successful outcome
2. growth in team capability
3. meaningful and satisfying experience
Four primary purposes of collaboration and their relationships - Answer-1. become
informed- Share data and communicate interpretations• Develop and document shared
understandings
2. make decisions-Managerial• Strategic• Structured• Unstructured
3. solve problems- principal problem-solving tasks
4. manage projects- Project management's four phases
asynchronous collaboration tools - Answer-when people work together on an idea or a
project in their own time, that is, not in real-time.
single or multiple locations
examples: email, discussion forums, team surveys
synchronus collaboration tools - Answer-working together through meetings, near-
instant replies to messaging, and a shared schedule.
includes shared calenders, invitation, and attendance
- examples (single location) office applications such as word and powerpoint, shared
whiteboards
- multiple locations: conferance calls, webinars, videoconferencing
collaboration information systems - Answer-1. an information system that supports
collaboration
2. the information sharing among the parties through a particular system platform that
houses dynamic and interactive information seeking and receiving by the user groups.
operational decisions - Answer-short-run decisions to help implement strategies
, Managerical decisions - Answer-process aimed at resolving identified problems and
enabling effective and efficient performance of business activities
Strategic decions - Answer-decisions that have an influence over years, decades, and
even beyond the lifetime of the project.
Structured vs. unstructured decisions - Answer-Decisions that can be made by following
an agreed upon process are structured, while those that are rare, or have no well
understood process are unstructured.
Five Forces of Industry Structure - Answer-1. Bargaining power of customers
2. threat of substitutions
3. bargaining power of suppliers
4. threat of new entrants, rivalry
value - Answer-A customer's subjective assessment of benefits relative to costs in
determining the worth of a product
margin - Answer-the difference between the value that an activity generates and the
cost of the activity
value chain - Answer-The set of activities through which a product or service is created
and delivered to customers.
examples of a value chain - Answer-
primary activites * add examples - Answer-inbound logistics, operations, outbound
logistics, marketing and sales, service
support activities * add examples - Answer-firm activities that add value indirectly, but
are necessary to sustain primary activities
firm infrastructure, human resource management, technology development,
procurement
linkages - Answer-In Porter's model of business activities, interactions across value
chain activities.
the ability to buy a security on one financial exchange and sell that same security on
another exchange
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