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MIS
Test #2
33
Business
Undergraduate 1
11/02/2010

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Cards

Term
what type of management report focuses on information that falls outside the range of acceptable values for specific business metrics
Definition
exception
Term
what project management activity occurs concurrently (at the same time) with the execution stage of a project
Definition
controlling
Term
what type of data mining presents information graphically so that users are able to identify patterns in the underlying data
Definition
data visualization
Term
which project management document was originally developed by the US Navy to provide a high-level overview of the progress of a project's major milestones
Definition
pert chart
Term
in the cupcake baking example discussed in class, deciding to purchase a more expensive package of 100 baking cups as opposed to a lower cost of package of 23 baking cups in an example of what type of purchasing strategy?
Definition
economic order quantity
Term
with respect to a business model, the value proposition describes what
Definition
how the business' products or services fulfill the needs of a customer
Term
identifying patterns in data based on common temporal (time) or spatial (geographic) traits is based on what type of data mining analysis
Definition
clustering
Term
the knowledge management cycle could be described as what type of dynamic system
Definition
feedback loop
Term

Marketing expenditures below a certain level might have a negligible effect; and additional marketing above a certain level can reach saturation or diminishing returns. This kind of relationship is best characterized by which of the following aspects of system dynamics?

Definition
non-linear responses
Term
a "Fishbone" process analysis diagram is also known as
Definition
a cause-and-effect diagram
Term

In the Eastern Mountain Sports case, what decision support tool was used to allow decision makers to access a unified, high-level view of key performance indicators?

Definition
digital dashboard
Term

What type of data analysis uses data projections to transform the information in an OLAP (Online Analytical Processing) data cube?

Definition
data abstraction
Term

An entrepreneur developing detailed documentation of their business processes so that they can be offered to other individuals as a franchise operation is an example of:

Definition
converting tactic knowledge into explicit knowledge
Term

What type of feasibility analysis would be used to evaluate whether the revenue model for a proposed venture is likely to succeed?

Definition
economic
Term

From an MRP (manufacturing) perspective, dependent demand is directly related to:

Definition
forecasted customer orders
Term
an example of the Pareto Principle would be:
Definition

 80% of process defects arise from 20% of the process issues

Term

 The activities performed by users of GroupSystems’ ThinkTank product are directly related to what type of business process?

Definition
knowledge management cycle
Term

Which of the following project management documents would be used to understand the hierarchical relationships of project tasks?

Definition
a work breakdown structure
Term

Activities such as approving a loan application, contract negotiation, recruiting for a new position, and developing new technology can all be described as what type of decision?

Definition
unstructured 
Term

The task of brainstorming in a group decision support system is similar to what step in the knowledge management cycle?

Definition
capture
Term

When considering the different types of business decisions that are made by an organization, which of the following is correct?

Definition
strategic decisions are typically made only by senior management
Term

 In the MS Excel expression “A$1+2”, which part is an absolute reference (or address)?

Definition
the row "1"
Term

What technique does the CyberWell system use to help Halliburton's employees design, test, and integrate system before physically installing oil wells in the field?

Definition
visualization 
Term

In a project plan, the set of tasks that define the minimum amount of time required to complete the project is known as the:

Definition
critical path
Term

 In the video case “Get Shorty,” COPLINK assisted the law enforcement officers in solving the crime by allowing the officers to:

Definition
All (A,B,C, and D) of the above
Term

Which of the following is not does not use a hierarchical model to represent the information.

Definition
Pareto chart
Term

 A business model would be formulated during what phase of the decision support process to help search for alternatives?

Definition
design phase
Term

 All of the elements items in single column of a vertical cross-functional diagram are all related to the same what?

Definition
actor
Term

 As discussed in class, the online game “Twenty Questions” uses what type of data mining technique?

Definition
neural computing
Term

 The terms “contextual,” “relevant,” and “actionable” are commonly related to what term?

Definition
knowledge
Term

Tacit, or “sticky” knowledge, is based on information that is:

Definition
subjective and cognitive
Term

 Which of the following is NOT an advantage of Group Decision Support Systems?

Definition
promotes fairness by requiring each person to take a turn
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