MSM 6630 Final Exam | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version, Exams of Financial Management

Download MSM 6630 Final Exam | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version and more Exams Financial Management in PDF only on Docsity! MSM 6630 Final Exam | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version ___ is the activity of two or more people working together to achieve a common goal, result, or work product - ✔✔Collaboration Which type of employee fraud has the highest median loss? - ✔✔Financial statement fraud The difference between the total value added and the total costs incurred is called the ________ of the value chain - ✔✔total margin Neil creates an application which facilitates the easy storage and access of employee information like name, age, experience, and qualifications for his organization. The application is an example of a(n) - ✔✔repository Which of the following statements is TRUE about data marts? - ✔✔Data marts address the needs of a particular department or functional area of a business. is focused on completing a single specific task - ✔✔Weak AI All of the following is considered metadata except __ - ✔✔the granularity of the data According to the five-component model of information systems, the ________ component provides instructions for the people who use information systems. - ✔✔procedure Lynn, the manager of a transportation company, goes through the product delivery schedule. She assigns territories to each executive of the delivery team, and also contacts the fleet supervisor to arrange trucks for transportation. Which activity of the value chain is Lynn executing? - ✔✔outbound logistics Which of the following statements best describes the role of operations in a value chain - ✔✔transforming inputs into the final products Samuel, a researcher, deduces that single women between the ages of 25 and 30, who usually live in the suburbs and make thrifty purchases, prefer a particular brand of washing machines. In this case, Samuel uses ________ to understand customer behavior - ✔✔cluster analysis The CEO of a large company asks the sales manager to report the sales figures of the previous quarter. The manager immediately sends her the list of products sold in the previous quarter. These details do NOT qualify as good information because they are ____ - ✔✔not relevant All of the following are sources Watson's acquires content except ___ - ✔✔from question but it does get it from dictionaries, databases, literature, and reports Competitive strategy determines all of the following except __ - ✔✔the company's PE ratio The ________ created by Porter states that firms should create new, more efficient business processes that integrate the activities of all departments involved in a value chain. - ✔✔business process design According to Porter's five forces model, in which of the following situations would the supplier have the highest bargaining power - ✔✔a dealer of a patented material for smartphone manufacturers Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inundated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following? - ✔✔Information should be just barely sufficient for its purpose Artificial intelligence (AI) research has been driven by the demand for applications that ________ such as ways to filter offense content. - ✔✔solve practical problems Which of the following is a common description of information? - ✔✔knowledge derived from data a category of cloud hosting where vendors provide hosted computers with an operating system, runtime environment, and middleware like a Web server or a DBMS - ✔✔PaaS A(n) ________ uses the Internet to create the appearance of private, secure connections - ✔✔VPN Maria creates a relational database to keep track of cars in her repair shop. She stores information about each car in the "vehicle" table, and creates a column labeled "vehicle_ID" where she stores the vehicle VIN number. The "vehicle_ID" column is referred to as a - ✔✔primary key What is the impact of mobile systems growth on the procedures under the five components model? - ✔✔Always on, always at work Tristom Technologies, based in New York, opens branches in Chicago and Detroit. Which of the following networks will the company use to connect computers in the three offices - ✔✔WAN Ryan, a database administrator, is in the process of designing his company's database. Which of the following would Ryan have had to create before he began designing? - ✔✔data model All of the following are benefits to using cryptocurrencies except - ✔✔it is insured by the Federal Reserve Bank A data integrity problem will occur only if - ✔✔data are duplicated in a database Relational databases represent relationships using - ✔✔foreign keys Version control involves all of the following capabilities except - ✔✔access to the documents on your personal hard drive A question such as "Why should these users tweet about your products?" is identified under which social media development plan step? - ✔✔Define your value All of the following are forms of promotion using social media information systems created by employees for customers except - ✔✔answering phone calls a suite of applications called modules, a database, and a set of inherent processes for consolidating business operations into a single, consistent, computing platform - ✔✔Enterprise resource planning are flexible, informal, and adaptive processes that normally involve strategic and less structured managerial decisions and activities - ✔✔Dynamic processes One aspect of team satisfaction is - ✔✔camaraderie Which of the following is a solution for problems arising from information silos - ✔✔integrating data into a single database Which of the following is TRUE of implementing new enterprise systems? - ✔✔It is expensive and can be well over the budget. A stored procedure is a - ✔✔a computer program stored in the database that is used to enforce business rules The factors included in social capital evaluation are _ - ✔✔Social Capital = (Number of Relationships + Relationship Strength) x Entity Resources occurs when all team members do not meet at the same time - ✔✔Asynchronous communication is a measure of the ratio of process outputs to inputs - ✔✔Process efficiency Which of the following workgroup processes is related to operations? - ✔✔finished goods inventory management Providing incentives for enterprise social network adoption and use is under the ________ best practice. - ✔✔support Which of the following happens during the finalizing phase of project management - ✔✔Prepare archival documents All of the following are examples of project metadata except - ✔✔hardware serial numbers If a document is stored on a file server but team members can edit the document anonymously, the content on the file server is - ✔✔shared content with no control those that support broad-scope, organizational issues. - ✔✔Strategic decisions Which of the following is not true when using a task list - ✔✔The person assigned the task is also responsible for completing the tasks All of the following are characteristics of an effective collaborator except - ✔✔is a popular leader All of the following are benefits to using social media to solve supply chain management problems except - ✔✔the inability for management to catalog all of the solutions Arctic Gear LLC. recently adopted a new ERP system, but quickly found that it wasn't a perfect fit with their existing procedures. These differences between the organization's requirements and the application's capabilities are known as - ✔✔requirements gaps