Mis 301 ch Study guides, Class notes & Summaries

MIS 301 Chapter 2 Question and answers verified to pass 2024 Identifying competitive advantages - correct answer 1. Decreasing costs 2. Attracting new customers 3. Increasing customer loyalty 4. Increasing sales 5. Developing new products or services 6. Entering New Markets Competitive Advantage - correct answer A product or service that an organization's customers place a greater value on than similar offerings from a competitor The Five Forces Model - correct answer 1. Threa...

MIS 301 Exam 2 Ch Questions with complete solution 2024 LAMP - correct answer An acronym standing for Linux, the Apache Web server software, the MySQL database, and any of several programming languages that start with P (e.g., Perl, Python, or PHP). Linux - correct answer An open source software operating system. Black Swans - correct answer Unpredicted, but highly impactful events. Scalable computing resources can help a firm deal with spiking impact from Black Swan events. The phr...

MIS 301 Question and answers rated A+ 2024 Test Statistic - correct answer x- bar = mean of sample Uo = mean of population O = standard deviation of population n = number (no. ) of observations Error - correct answer means variability, randomness, or chance Sample (means) - correct answer - have less variability than individual observations - will be centered around the population mean - are more normal than individual observations Sample - correct answer - as we incr...

CIS 301 Enterprise Resource Planning Systems,ERP IT Chap 1~4/ 7/ 8/ 12/ ERP MIS Ch 8/ CRM/ OM 19 MRP~Revised Q&A 2024 Key benefits of ERP -integrated system reduction in working capital -data on users' needs -ability to manage extended enterprise of suppliers, alliances, and customers as an integrated whole drawbacks of ERP expensive, difficult to implement, need consultants SAP Systems, Applications and Products Key Risks - user acceptance -budget and schedule overrun...

MIS 301 Ch.10 CH.11 (1).

MIS 301 Ch.10 CH.11.