Mis 304 - Study guides, Class notes & Summaries

MIS 304 Exam 1 | Questions and answers | Latest 2024/25

Chapter 7 Answer .... Core Business Processes Answer Traditional business functions: Marketing and sales, supply chain management, accounting and finance, and human resources Not distinct independent silos, but instead highly interrelated. Business Processes cross boundaries of business functions. Order-to-cash Process Answer The process associated with selling a product or service. Process is involved in generating revenue. Create customer record--> check credit--> create ord...

xternally focused systems improve information flows between departments and processes - False a major disadvantage of ERP is it does not allow for modular implementation of software - false excel supports importing data from ___ - MS Access The custom designing of products is a step within the following core business process - Make-toorder ____ is an attempt to trick financial account and credit card holders into giving away information - phishing identify the approach often used for imple...

Visual appeal of a website falls under which of the following categories? functional convenience disintermediation capacity structural firmness cost compliance representational delight Answer Representational delight The orange line in the figure refers to an appropriate level of which concept? functional convenience three factor authentication structural firmness None of the other options are correct representational delight Answer Functional convenience Recommender systems...

Types of e-commerce Answer about internet exchange. Business models: categorized based on who is the "consumer" (buyer) and who is the "provider" (seller). B2B, B2C, C2C, G2C(gov), G2B, G2G brick-and-mortar Answer Space restrictions "Limit of how much space you can take up without increasing cost" Have limited shelf space in store.... Trust- Can talk to an associate about a product... Time- Can get the product Immediately click and mortar Answer Internet isn't restricted to a ...

externally focused systems improve information flows between departments and processes Answer False a major disadvantage of ERP is it does not allow for modular implementation of software Answer false excel supports importing data from ___ Answer MS Access The custom designing of products is a step within the following core business process Answer Make-to-order ____ is an attempt to trick financial account and credit card holders into giving away information Answer phishing identi...

Enterprise Resource Planning Answer central information repository -modular approach, no silos Prototyping Answer quick delivery of a non-working system, tangible, make adjustments early Crackers Answer malicious hackers Malware Answer viruses, includes spyware Phishing Answer using emails to retrieve personal information and use your identity Cookie Answer text file that stores data on the internet companies add cookies to pool information about their customer- store and track ...

What is MIS? Answer The study of people, technology, organizations and the relationships among them (basically, the intersection of business and technology) Toffler's Future Shock Answer "Too much change in too short a period of time" -Agriculture and Handwork -Industrial Revolution -The Information Age *-Each age enabled the age that followed* Five IT Megatrends Answer *Business managers must understand these if they do not want to get left behind:* -Mobile computing -Social med...

what is e-commerce Answer exchange of goods, services, and money among firms, between firms and customers, and between customers, supported by communication technologies and the internet Types of private sector exchanges Answer B2B B2C C2C C2B (C = customers B= business) E-Government exchanges Answer G2C G2B G2G (G=govt, B=Business, C=citizen) types of business models Answer brick and mortar click and mortar click only brick and mortar Answer physical store where you buy goo...

What is Order-to-Cash Process? Answer * process of selling goods or services and collecting revenue for them Functional Areas: - marketing and sales - accounting and finance - manufacturing and operations What is Procure-to-Pay? Answer * process of ordering goods or services and paying for them Functional Areas: - supply chain management - accounting and finance - manufacturing and operations What is Make-to-Stock/Make-to-Order? Answer process of manufacturing goods, either b...