100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
WGU-C724 (Information Systems Management $11.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. WGU-C724 (Information Systems Management
  4.  
  5. WGU-C724 (Information Systems Management

Exam (elaborations)

WGU-C724 (Information Systems Management
 3 views  0 purchase
  • Course
  • WGU-C724 (Information Systems Management
  • Institution
  • WGU-C724 (Information Systems Management

WGU-C724 (Information Systems Management Executive information system Answer- A system that facilitates and supports senior managerial decisions. Data Answer- Unorganized data that lacks meaning. Information Answer- Data that has been organized in a meaningful manner. Information system A...

[Show more]

Preview 3 out of 20  pages

Document information

  • July 26, 2022
  • 20
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

Subjects

  • wgu c724 information systems management
  • executive information system answer a system that facilitates and supports senior managerial decisions data answer unorganized data that lacks meaning in

Written for

  • WGU-C724 (Information Systems Management
All documents for this subject (57)

Seller

avatar-seller
YANCHY

Reviews received

Content preview

WGU-C724 (Information Systems
Management)

Executive information system Answer- A system that facilitates and supports senior
managerial decisions.

Data Answer- Unorganized data that lacks meaning.

Information Answer- Data that has been organized in a meaningful manner.

Information system Answer- An integrated network of components working together to
convert data into useful information; includes an input, a process, and an output;
comprised of people, processes, machines, and information technology.

Knowledge Answer- The practical application of information.

Data, Information, and Knowledge example Answer- Data: The number of people below
the poverty line in the region is 50,000.

Information: The number of people below the poverty line increases between 2010 and
2018.

Knowledge: The number of people below the poverty line has increased due to
stagnating wages and cuts to social programs.

Decision support system Answer- This system uses models and statistical analysis to
help decision makers solve problems

Management information system (MIS) Answer- Provides timely and accurate
information that enables managers to manage their departments more efficiently;
analyzes performance.

Transaction processing system Answer- information system used for processing patient
admissions, employee time cards, and purchase orders

Information management Answer- The management of organizational processes and
systems; helps the organization reduce costs and adds value to products; helps the
organization make better managerial decisions; stores and processes data.

,Information technology Answer- The use of computer and telecommunications systems
for storing, retrieving, and sending information; comprised of hardware, software, data,
and networks.

information technology management Answer- the management of hardware, software,
data, networks, and people that facilitate access to information and allow the
organization to achieve business objectives.

Strategic information system Answer- provide tools used by an organization to
accomplish specific tasks to gain competitive advantage.

Social Networking and interpersonal skills. Answer- Enhances interpersonal and
relationship-forming skills.

Porters 5 competitive forces Answer- Intensity competitive rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes

Network economics (network-based strategy) Answer- the cost of adding another
business participant to a business venture is small, the potential gain is great.

Business ecosystems Answer- Network of businesses involved in delivering a product
through mutual cooperation.

Product differentiation (business strategy) Answer- offering a higher quality product to
differentiate from others in the market

growth (business strategy) Answer- adding new products or new enhancements to
existing products

Enterprise Resource Planning (ERP) Answer- Involves utilizing computer technology to
link various aspects of a business; a very complex resource planning system that spans
the entire business; companies often have difficulty implementing the system.

Customer Relationship Management (CRM) Answer- Allows for personalized
communication to customers.

Knowledge Management (KM) Answer- These systems provide tools to help manage
organizational knowledge and create value to meet business requirements and strategic
goals.

chief executive officer (CEO) Answer- also called president or managing director, is
responsible for the success or failure of the company, creating the company culture,

, selecting the senior management team, setting strategy and vision, and selecting
projects to fund.

chief operations officer (COO) Answer- is the director of operations, responsible for the
oversight of internal operations on a day-to-day basis and for monitoring production
quotas

chief financial officer (CFO) Answer- manages the company's cash flow and evaluates
and communicates financial risks.

chief information officer (CIO) Answer- a business leader who analyzes internal
business processes such as payroll and billing, reshapes the physical infrastructure and
network purchases to meet business goals, and leads the workforce to implement
critical IT internal projects; responsible for information systems strategic thinking and
planning.

chief technology officer (CTO) Answer- has ultimate responsibility for all technology
implementation, maintaining technology compliance regulations, and identifying
technology risks for the company.

chief security officer (CSO) Answer- is the highest level executive concerned with the
overall security functions and policies of a business.

Systems Analyst Answer- A change agent who uses design and analysis techniques to
solve organizational problems using information technology; they report about system
development and keep others informed; should understand overall business processes;
focuses on analysis, design, and implementation

Information Security Analyst Answer- Their goal is to ensure that data and systems are
secure to prevent breaches.

Information Security Answer- The concept of protecting valuable information assets.

Project Manager Answer- They deliver quality systems on time, manage the budget,
and plan for the unexpected (they do not train new users).

Gantt chart Answer- A visual view of tasks scheduled over time; used for planning
projects.

Dashboard Answer- A system that is the culmination of information from many data
sources, allowing management to perform a thorough analysis.

Cultural Particularism Answer- A societal norm that emotionally ties people to local
brands or habits.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76799 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart