Btma - Study guides, Class notes & Summaries

BTMA Midterm Question and answers 100% correct 2023/2024Business Strategy - correct answer 1. Marketing Strategy 2. IT Strategy 3. Operations Strategy 4. Product Strategy Alignment - correct answer Michael Porter - #1 Purpose is ______ Simplified Value Chain - correct answer 1. Defining Value Chain 2. Capturing Cost Data 3. Controlling Cost 4. Cutting Buyers Cost 5. Determining Purchasing Criteria 6. Reconfiguring Value Chain Industry Analysis - correct answer 1. Competitive Fo...

BTMA 317 Final Exam Question and answers already passed 2023/2024three components of IT systems are - correct answer people information and information technology most important component of IT systems - correct answer people Ethics are defined as - correct answer the principles and standards that shape our behaviour toward other people 2 factors that influence how we decide ethical issues - correct answer our basic ethical structure and the circumstances surrounding the choice minor...

BTMA 317 Question and answers correctly solved 2023/2024In the framework provided by the authors, information refers to: a) a message expressing an opinion based on incomplete evidence b) a collection of facts from which conclusions may be drawn c) data that have a particular meaning within a specific context d) raw facts that describe a particular phenomenon - correct answer c) data that have a particular meaning within a specific context If the information coming into your d...

BTMA 317 Questions And Answers 2024. Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. #1 purpose of strategy - correct answer Alignment Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces Porter Valu...

BTMA 317 Chapter 2, BTMA 317 Chapter 1, BTMA 317 Chapter 10, BTMA 317 Chapter 11, BTMA 317 Chapter 13 fully solved Business process - correct answer A collection of related activities that produce a product or a service of value to the organization, its business partners, and/or its customers What are the three fundamental elements of a business process? - correct answer 1. Inputs: materials, services, information that flows through and are transformed as a result of process activities 2. Re...

BTMA 317 (Second half) Question and answers correctly solved 2023/2024social computing - correct answer -a type of IT that combines social behavior and information systems to create value -makes information available to everyone -user controlled rather than organizationally controlled Web 2.0 - correct answer 0Tools and web-based services that emphasize online collaboration and sharing among users. Web 2.0 tools - correct answer -tagging -really simple syndication (RSS) -Blogs Taggi...

BTMA 317In the framework provided by the authors, information refers to: a) a message expressing an opinion based on incomplete evidence b) a collection of facts from which conclusions may be drawn c) data that have a particular meaning within a specific context d) raw facts that describe a particular phenomenon - correct answer c) data that have a particular meaning within a specific context If the information coming into your decision-making process is in bad form, quality, ...

BTMA 317 Final Examthree components of IT systems are - correct answer people information and information technology most important component of IT systems - correct answer people Ethics are defined as - correct answer the principles and standards that shape our behaviour toward other people 2 factors that influence how we decide ethical issues - correct answer our basic ethical structure and the circumstances surrounding the choice minor ethical violations - correct answer taking pa...

BTMA 317 (Second half)social computing - correct answer -a type of IT that combines social behavior and information systems to create value -makes information available to everyone -user controlled rather than organizationally controlled Web 2.0 - correct answer 0Tools and web-based services that emphasize online collaboration and sharing among users. Web 2.0 tools - correct answer -tagging -really simple syndication (RSS) -Blogs Tagging - correct answer -a keyword or term that desc...

BTMA MidtermAs an individual student in your university's student database, you are a(n) _____ of the STUDENT class: Representative Individual Instance Entity Relationship - correct answer Instance Master data are generated and captured by operational systems: True False - correct answer False The amount of data we collect is ____________ over time, making it ________ difficult to manage data: Increasing, less Decreasing, less Increasing, more Decreasing, more - correct answer ...