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1 | | Which of the below represents information? |
| | A) | Data converted into a meaningful and useful context |
| | B) | Data characteristic that stands for a value that changes or varies over time |
| | C) | Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making |
| | D) | Skills, experience, and expertise, coupled with information and intelligence that creates a person's intellectual resources |
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2 | | Which of the below represents a variable? |
| | A) | Data converted into a meaningful and useful context |
| | B) | Data characteristic that stands for a value that changes or varies over time |
| | C) | Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making |
| | D) | Skills, experience, and expertise, coupled with information and intelligence that creates a person's intellectual resources |
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3 | | Successful companies operate ______________, integrating the operations of all departments. |
| | A) | independently |
| | B) | cross-functionally |
| | C) | departmentally |
| | D) | dependently |
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4 | | What is information that returns to its original transmitter and modifies the transmitter's actions? |
| | A) | Feedback |
| | B) | Input |
| | C) | Management information systems |
| | D) | Systems thinking |
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5 | | Who is responsible for collecting, maintaining, and distributing company knowledge? |
| | A) | CIO |
| | B) | CKO |
| | C) | CSO |
| | D) | CPO |
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6 | | Which of the below is not one of Porter's Five Forces? |
| | A) | Buyer power |
| | B) | Supplier power |
| | C) | Threat of substitute products or services |
| | D) | Threat of managers |
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7 | | Which of the following is one of Porter's three generic strategies? |
| | A) | Supplier power |
| | B) | Focused strategy |
| | C) | Value chain analysis |
| | D) | Business process |
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