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MIST Final Exam Question and answers verified to pass 2024 MIST Final Exam Analytics is the science of fact-based decision making. - correct answer true At the operational level employees are continuously evaluating company operations to hone the firm's abilities to identify, adapt to, and...

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MIST Final Exam
Analytics is the science of fact-based decision making. - correct answer
✔true


At the operational level employees are continuously evaluating company
operations to hone the firm's abilities to identify, adapt to, and leverage
change. - correct answer ✔false


At the operational level employees are develop, control, and maintain core
business activities required to run the day-to-day operations. - correct answer
✔true


Operational decisions are considered structured decisions. - correct answer
✔true


Asking how many employees are out sick is a type of operational question. -
correct answer ✔true


Drew Savage is an MIS manager for an international consulting firm. Drew
travels to different European countries where he implements news response
tracking systems. Some of the metrics he uses to track the performance of his
system include tracking the response time it takes to respond to Twitter posts
mentioning the news station, as well as the speed and accuracy of content
posted on numerous websites and social media sites. What type of metrics is
Drew using to measure his system? - correct answer ✔Efficiency metrics


A transaction processing system (TPS) is the basic business system that
assists operational level analysts when making structured decisions. Which of
the below is not an example of a TPS? - correct answer ✔B) Comfort Dental
patient diagnosis system

,Decision support systems or DSS's model information using OLAP, which
provides assistance in evaluating and choosing among different courses of
action. Which of the below does not represent an example of a DSS in
business? - correct answer ✔C) a manufacturing digital dashboard showing
visualizations of inventory and production


What is the DSS analysis that checks the impact of a change in a variable or
assumption on the model? - correct answer ✔what-if analysis


Sarah Schin was recently hired by Bank West as the Global Director of
Human Resources. Her job duties include determining employment policies as
well as overseeing all hiring, firing, and training of employees. What type of
processes does Sarah's new job demonstrate? - correct answer ✔business-
facing processes


Dell computer ranks highest on the list for expecting returns from new
investments. - correct answer ✔true


In terms of disruptive technology what is best for an organization's current
business could ruin it in the long term. - correct answer ✔true


Content providers are companies that generate revenue by providing digital
content such as news, music, photos, or videos and examples include Netflix
and iTunes. - correct answer ✔true


Transaction brokers process online sales transactions. - correct answer
✔true


At a local marketing firm, Steve is the lead Web developer and is responsible
for working with customers on their Web designs, development, and graphics.

, Which of the following would be a critical skill Steve must have to be able to
perform his job? - correct answer ✔C) understanding of the World Wide Web
and how hyperlinks work
B) being able to work with HTML
A) understanding that he must create a unique domain name for each client


Many industries have been forced to change due to technology advances.
Which of the below industries has felt the lowest amount of economic impact
from ebusiness? - correct answer ✔waste or recycling industry


Which company is expecting to gain the majority of its returns on existing
investments? - correct answer ✔phillips petroleum


Which company is expecting to gain the majority of its returns on new
investments? - correct answer ✔dell computer


Which of the below would not be considered a company operating in the long
tail of a typical sales curve? - correct answer ✔walmart


Which category below represents the three common forms of business
operations: brick-and-mortar, click-and-mortar, and pure play? - correct
answer ✔B2C


The Innovator's Dilemma, a book by Clayton Christensen, discusses how
established companies can take advantage of disruptive technologies without
hindering existing relationships with customers, partners, and stakeholders. -
correct answer ✔true

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