CH1 MCQ

In the Magpie Sensing case study, the automated collection of temperature and humidity data on shipped goods helped with various types of analytics. Which of the following is an example

of prescriptive analytics?

• real time reports of the shipment's temperature

• warning of an open shipment seal

• location of the shipment

• optimal temperature setting

) In the Magpie Sensing case study, the automated collection of temperature and humidity data on shipped goods helped with various types of analytics. Which of the following is an example of predictive analytics?

• real time reports of the shipment's temperature

• warning of an open shipment seal

• location of the shipment

• optimal temperature setting

Which of the following is NOT an example that falls within the four major categories of business environment factors for today's organizations?

• globalization

• increased pool of customers

• fewer government regulations

• increased competition

Organizations counter the pressures they experience in their business environments in multiple ways. Which of the following is NOT an effective way to counter these pressures?

• reactive actions

• anticipative actions

• adaptive actions

• retroactive actions

Which of the following activities permeates nearly all managerial activity?

• planning

• controlling

• directing

• decision-making

Why are analytical decision making skills now viewed as more important than interpersonal skills for an organization's managers?

• because interpersonal skills are never important in organizations

• because personable and friendly managers are always the least effective

• because analytical-oriented managers produce better results over time

• because analytical-oriented managers tend to be flashier and less methodical

Business environments and government requirements are becoming more complex. All of the following actions to manage this complexity would be appropriate EXCEPT

• hiring more sophisticated and computer-savvy managers.

• deploying more sophisticated tools and technique

• seeking new ways to avoid government compliance

• avoiding expensive trial and error to find out what works.

The deployment of large data warehouses with terabytes or even petabytes of data been crucial to the growth of decision support. All the following explain why EXCEPT

• data warehouses have enabled the affordable collection of data for analytics.

• data warehouses have enabled the collection of decision makers in one place.

• data warehouses have assisted the collection of data for data mining.

• data warehouses have assisted the collection of data from multiple sources.

Which of the following statements about cognitive limits of organizational decision makers is true?

• Only top managers make decisions where cognitive limits are strained

• The most talented and effective managers do not have cognitive limitations

• All organizational decision-making requires data beyond human cognitive limits.

• Cognitive limits affect both the recall and use of data by decision makers.

For the majority of organizations, evaluating the credit rating of a potential business partner is a(n)

• strategic decision

• structured decision.

• unstructured decision.

• managerial control decision.