Business processes are synonymous with business systems. (T/F) - correct answer T
The inventory management process includes placing orders and receiving goods into inventory. (T/F) - correct answer T
In the payment proc...
BUSI 2400 C2
Business processes are synonymous with business systems. (T/F) - correct answer T
The inventory management process includes placing orders and receiving goods into inventory. (T/F) -
correct answer T
In the payment process, the invoice is compared to the purchase order. (T/F) - correct answer
T
A business process consists of activities, resources, facilities, and information. (T/F) - correct answer
T
Any item of value can be considered to be a potential resource for a business process (T/F) - correct
answer T
Activities transform resources and data into different kinds of resources and data. (T/F) - correct answer
F
An inventory database would be considered to be an example of a facility in the inventory management
process. (T/F) - correct answer T
The fact that it rained 1.2 inches today is an example of information. (T/F) - correct answer
F
The fact that the sun rose this morning at 6:25 a.m. is an example of data. (T/F) - correct answer
D
Data is another word for information. (T/F) - correct answer F
,When data is presented with a meaningful context, it becomes information. (T/F) - correct answer
T
The information that is the output of one process can be viewed as a data input to another process.
(T/F) - correct answer T
Each activity within a business process must use one, and only one, information system. (T/F) - correct
answer F
It is good business practice for a payment activity to have a single person assigned to approve payments
and generate checks. (T/F) - correct answer F
Strategic decisions involve long term actions whose consequences may not be realized for years. (T/F) -
correct answer T
A structured decision involves an understood and accepted method for making the decision. (T/F) -
correct answer T
A transaction processing system helps managers allocate and utilize resources. (T/F) - correct answer
F
During intelligence gathering, the decision makers determine what is to be decided, what the criteria for
the decision will be, and what data are available. (T/F) - correct answer T
While weather is an unstructured phenomenon, weather forecasting is an example of structured
decision making. (T/F) - correct answer T
The quality of your thinking is a large part of the quality of the information system (T/F) - correct answer
T
The review step may lead to another decision and another iteration of the decision making process.
(T/F) - correct answer T
, Your mind and your thinking are not merely a component of the information systems you use; they are
the most important component. (T/F) - correct answer T
Information needs to be just barely sufficient for the purpose for which it is generated. (T/F) - correct
answer T
For information to be worth its cost, there must be an appropriate relationship between the cost of
information and its value. (T/F) - correct answer T
An activity is considered to be automated when it is characterized by people following procedures. (T/F)
- correct answer F
In an information systems framework, software and procedure components are both sets of
instructions. (T/F) - correct answer T
In the five-component framework of information systems, the actors are hardware and people. (T/F) -
correct answer T
Automation moves work from the software component to the hardware component. (T/F) - correct
answer F
A business process is
A) a network of activities used to accomplish business goals.
B) a set of required steps in a production process.
C) a network of activities, resources, facilities, and information that interact to achieve some business
function.
D) a set of activities in a value chain.
E) a set of activities in a supply chain. - correct answer C
An information system must produce information that is
A) worth its cost, relevant, barely sufficient, and accurate.
B) relevant, timely, all encompassing, and worth its cost.
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