Miami University ISA 235 Final Exam Questions And Answers 100% Pass.
2 views 0 purchase
Module
ISA 235
Institution
ISA 235
Miami University ISA 235 Final Exam
Questions And Answers 100% Pass.
Internet of things - AnswerA world where interconnected, internet-enabled devices or "things"
can collect and share data without human intervention.
Value Chain: Primary Vs. Support - AnswerViews a firm as a series of business...
Miami University ISA 235 Final Exam
Questions And Answers 100% Pass.
Internet of things - Answer✔A world where interconnected, internet-enabled devices or "things"
can collect and share data without human intervention.
Value Chain: Primary Vs. Support - Answer✔Views a firm as a series of business processes that
each add value. Primary: The firm acquiring raw materials, manufacturing, delivering, marketing
and selling. Support: Actual firm infrastructure such as HR, Management, Tech. Dept.
Data - Answer✔Raw facts that describe the characteristics of an event or object
Information - Answer✔Data converted into meaningful and useful context
Metrics - Answer✔Measurements that evaluate results to determine whether a project is meeting
its goals
BI - Answer✔Information collected from multiple sources such as suppliers, customers,
competitors, partners, and industries that analyze patterns, trends, and relationships for strategic
decision making
Analytics - Answer✔The science of fact based decision making
Knowledge - Answer✔Skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources
System - Answer✔a collection of parts that link to achieve a common purpose
Systems Thinking - Answer✔A way of monitoring the entire system by viewing multiple inputs
being processes or transformed to produce outputs while continuously gathering feedback on
each part
Porters 5 forces - Answer✔Evaluates 5 forces: Buyer, Supplier, Threat of New Entrants,
Substitute Products/Services, and Rivalry
Porters 3 generic strategies - Answer✔Generic business strategies that are neither organziation
nor industry specific and can be applied to an business, product, or service
CIO - Answer✔Responsible for (1) overseas all uses of MIS and (2) ensuring that MIS
strategically aligns with business goals and objectives
SWOT - Answer✔Evaluates Strengths (inside), Weaknesses (inside), Opportunities (outside),
and Threats (outside)
Model - Answer✔A simplified representation of reality
Transactional Info - Answer✔Encompasses all of the info contained within a single business
process or unit of work and its purpose is to support the daily operations or structured decisions
Analytical Info - Answer✔Encompasses all organization information and its primary purpose is
to support the performing of managerial analysis or semistructured decisions
Business Process - Answer✔Standardized set of activities that accomplish a specific task
Ganularity - Answer✔Refers to the level of detail in the model or the decision making process
Visualization - Answer✔Produces graphical displays of patterns and complex relationships in
large amounts of data
Artificial Intelligence - Answer✔Simulates human thinking and behavior such as the ability to
reason and learn
Decision Support System (DSS) - Answer✔Model Information using OLAP, which provides
assistance in evaluating and choosing among different courses of action
Online Analytical Processing (OLAP) - Answer✔The manipulation of information to create BI
in support of strategic decision making
Executive information System (EIS) - Answer✔A specialized DSS that supports senior-level
executives
BPMN - Answer✔Business Process Model and Notation: a graphical notation that depicts the
steps in a business process
Business process Reengineering - Answer✔The analysis and redesign of workflow within and
between enterprises
Best Practices - Answer✔The most successful solutions or problem-solving methods that have
been developed by a specific organization or industry
Disruptive Technology - Answer✔A new way of doing things that initially does not meet the
needs of existing users
Sustaining Technology - Answer✔Produces an implied product customers are eager to buy
Internet - Answer✔A massive network that connects computers all over the world and allows
them to communicate with eachother
WEB (business) 1.0 - Answer✔Refers to the WWW during first few years of operation (1991-
2003)
Ecommerce - Answer✔Buyinh and selling of goods and services over the internet
2|Page
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 Everly. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £8.77. You're not tied to anything after your purchase.
