Prelim Exam - Prof Dev 8 (MIS)

Which of the following is a function of an MIS?

• Payroll processing

• Strategic planning

• Transaction processing

• All of the above

What is a key characteristic of digital firms?

• Use of traditional business models

• Involvement of digital technologies in core business processes

• Isolation from global markets

• . Limited use of e-commerce

Which of the following describes data?

• Processed facts

• Processed facts

• Structured information

• Information used for decision making

Information systems transform raw data into:

• Knowledge

• Output

• Decisions

• Information

Which of the following is NOT an example of a transaction processing system (TPS)?

• Sales order processing

• Inventory tracking

• Executive dashboard

• Payroll system

What does ERP stand for?

• Enterprise Resource Planning

• Enterprise Resource Planning

• Enterprise Reporting Program

• Engineering Resource Planning

A company's overall strategy for managing its digital assets is called:

• Digital Asset Management (DAM)

• Information Technology Management

• Business Strategy

• Digital Transformation Strategy

Which of the following best defines cloud computing?

• Which of the following best defines cloud computing?

• Storing and accessing data over the internet

• Using personal computers for storage

• Only using the cloud for backups

What is business intelligence (BI)?

• The process of buying information from competitors

• Technologies used for decision-making support

• Technologies used for decision-making support

• A company’s proprietary information system

Which is a key feature of e-commerce?

• Physical store transactions

• Online purchasing and selling

• Limiting access to products

• Limiting access to products