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MIS 301 Exam Question and answers already passed 2024 £11.04   Add to cart

Exam (elaborations)

MIS 301 Exam Question and answers already passed 2024

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  • Module
  • MIC 301
  • Institution
  • MIC 301

MIS 301 Exam Question and answers already passed 2024 Business - correct answer An organization designed to provide goods, services, or both to consumers. Business Intelligence - correct answer Companies are moving aggressively to computerized support of their operations. Business Pressu...

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  • August 27, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MIC 301
  • MIC 301
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MIS 301 Exam #1 PSU
Business - correct answer ✔An organization designed to provide goods,
services, or both to consumers.


Business Intelligence - correct answer ✔Companies are moving aggressively
to computerized support of their operations.


Business Pressures-Responses-Support Model - correct answer ✔Business
pressures result of today's competitive business climate - Responses to
counter the pressures - Support to better facilitate the process


Closing the Strategy Gap - correct answer ✔One of the major objectives of
data driven decision making is to facilitate closing the gap between the current
performance of an organization and its desired performance, as expressed in
its mission, objectives, and goals, and the strategy to achieve them.


Business Analytics - correct answer ✔Comprised of solutions used to build
analysis models and simulations to create scenarios, understand realities and
predict future states.


Descriptive Statistics - correct answer ✔Tabular, graphical, and numerical
methods used to summarize (or describe) data.


Inferential Statistics - correct answer ✔Process of using sample data to draw
conclusions or make decisions about the characteristics of the population.


Central Tendency - correct answer ✔Location.

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