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Unformatted text preview: TEST FORM A TEST FORM PRINT YOUR NAME IN CAPITAL LETTERS E-Tegrity Statement: I state or affirm that I did not give assistance to or receive assistance from another student or any other individual on this quiz, and that the answers shown are my own. Signed: _______________________________________________ Time allowed: Exam content: Exam questions: (Required) 60 minutes This exam covers all material covered in the lectures, assigned readings, online quizzes, lab projects from September 30th to October 21st, 2008. 80 points (Questions 1-40, each worth 2 points) Remember: • • • This exam is closed book, closed notes, closed electronics (this includes laptops, cellular phones, PDAs, Blackberry’s, iPods or any other electronic device), or any other personal item, such as book bags or purses. You may NOT use a calculator or dictionary during this exam for any reason. After the exam begins, if you have to leave the classroom for any reason (bathroom break, emergency phone call, illness, etc), your must turn in your exam before you leave the classroom and you will not be allowed to continue your exam afterward. If you have comment or concerns of a general nature regarding the exam, please write your comments on the back of the Scantron form and contact your instructor after the exam via email. Instructions: • • • • • On the left side of the Scantron form, complete the following sections: ID NUMBER (Student ID) and NAME. If your Student ID begins with an “S”, code the letter as a “0” (zero). In the “PHONE NUMBER” section enter the first six digits as “111 00x”, where “x” is your section number! You must mark all answers on your Scantron form with a #2 (HB soft lead) pencil. When correcting an error on your Scantron form, be sure that your incorrect answers are erased completely. Incorrectly marked questions (ones with multiple answers for the same question or mark that cannot be scanned) will be scored as incorrect. Do not make any stray marks on the Scantron card, as this may be read as a response. All questions will be graded, so you should mark an answer for all questions. You must turn in both the Scantron form and your copy of the exam booklet. You are allowed to make notes and other marks in the exam booklet; however, only the answers coded on your Scantron form will be considered in calculating your score. Fall 2008 MIS 111 – In-Class Exam 2 Page 1 of 10 TEST FORM A TEST FORM This page intentionally left blank Fall 2008 MIS 111 – In-Class Exam 2 Page 2 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET BEFORE YOU BEGIN THE EXAM, VERIFY THAT YOUR EXAM HAS ITS ALL PAGES AND THAT YOUR CAN READ ALL OF THE QUESTIONS. Required Exam Questions (Questions 1-40) 1. Before answering this question, verify you have correctly bubbled in the “Test Form” block on your scantron from. Ok, what letter did you enter on the scantron for your test form? A. B. C. D. E. Test Form “A” Test Form “B” Test Form “C” Test Form “D” This isn’t one of the test forms, so don’t answer “E”! 2. In order to improve productivity and shorten time-to-market, Winpro Technologies implemented KNET. What type of business system was KNET? A. B. C. D. E. Expense reporting Inventory management Supply chain management Knowledge Management Materials Requirements Planning 3. Which project management document provides a view of all three of the triple constraints for a project manager? A. B. C. D. E. Pert Chart Gantt Chart Work breakdown structure Timeline Variance Report 4. Activities such as approving a loan application, contract negotiation, recruiting for a new position, and developing new technology can all be described as what type of decision? A. B. C. D. E. Fuzzy, Structured Organizational Unstructured Independent 5. In comparison to MRP (Materials Requirements Planning), an MRP-II (Manufacturing Resource Planning) adds what additional aspects of the business in the planning process? A. B. C. D. E. Inventory requirements Facilities and People Financial cash requirements Competitor’s product pricing Margins and profitability Fall 2008 MIS 111 – In-Class Exam 2 Page 3 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 6. With respect to a business model, the value proposition describes what? A. B. C. D. E. The product ratio of the material cost to the sales price The price that we sell our products to distributors Whether a line of business earns a profit How the business’ products or services fulfill the needs of a customer A business forecast based on proposed price increases 7. Wal*Mart’s business strategy is based on the idea that a low product price stimulates sales, allowing Wal*Mart to obtain products at a lower cost through economies of scale and therefore allowing Wal*Mart to lower prices in the future. Which of the following characteristics used to describe system dynamics best describes this business model? A. B. C. D. E. Cause-effect relationships Feedback loops Time-delayed responses Non-linear responses Decision rules 8. Marketing expenditures below a certain level might have a negligible effect; and additional marketing above a certain level can reach saturation or diminishing returns. This kind of relationship is best characterized by which of the following aspects of system dynamics? A. B. C. D. E. Cause-effect relationships Feedback loops Time-delayed responses Non-linear responses Decision rules 9. In the “ThinkTank” video, the brainstorming and idea classification and organization steps performed using a Group Decision Support System (GDSS) is equivalent to what step in the knowledge management cycle? A. B. C. D. E. Disseminating Managing Creating Storing Refining 10. From an ethical perspective, the business processes Lexis-Nexis adopted to improve the customer-level controls in the use of its systems focused on what ethical aspect of IT? A. B. C. D. E. Accuracy Property Accessibility Feasibility Strategic Fall 2008 MIS 111 – In-Class Exam 2 Page 4 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 11. In a manufacturing system, an indented BOM (Bill of Materials) provides all of the following information about a product except what? A. B. C. D. E. The individual components that compose a product The quantities of each item and subassembly used in building a product The names of the vendors that supply the components The “parent/child” relationships of the components The part that is the end item or finished good 12. Tacit, or “sticky” knowledge, is based on information that is: A. B. C. D. E. Subjective and Cognitive Objective and rational Organized as a policy Technical and procedural Easily transferred to new employees 13. An example of the Pareto Principle would be: A. B. C. D. E. 80% of process defects arise from 20% of the process issues The 10 most frequent process defect will occur in 90% of the products 99% of all of customer complaints arise from 1% of your products or services 50% of the sales people sell 50% of the product Projects milestones must be assigned equally to the triple constraints (i.e., 1/3 for each) 14. A business intelligence tool that uses abstractions, such as color and graphical images like instrument gauges, to allow executives to grasp business situations quickly is known as a: A. B. C. D. E. Planning Horizon Digital dashboard Expert system Neural network Geographic information system 15. Data mining is the process of using knowledge discovery to do what? A. B. C. D. E. Enter missing values in existing (legacy) database tables Identify novel and unexpected patterns in data Organize fields and relationships in a database schema Open paths (mines) to create relationships among database tables Use social engineering to obtain private information about customers 16. The aspect of a business model that describes how the company plans to make money by offering a product or service that fulfills the needs of a customer is known as: A. B. C. D. E. Revenue Model Critical Path Variance Report Planning Horizon Key Performance Indicator Fall 2008 MIS 111 – In-Class Exam 2 Page 5 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 17. The phrase "currency of a fact" in a knowledge management repository refers to: A. B. C. D. E. The monetary rate of exchange ("currency") used for cost and pricing information The directional flow of information ("current") in the data flow mapping Whether the knowledge is applicable to present ("current") circumstances The intellectual property value ("business currency") of the information The path ("current") followed by an item of information in a repository 18. If you define that the relationship between two tables in a database has “referential integrity,” what constraint does that add to the relationship? A. B. C. D. E. Both tables must currently exist in the database The primary and foreign key fields must have a one-to-one mapping Any value used as a foreign key must exist as a primary key Every primary key record must be referenced using a foreign key Only one table can contain a foreign key referencing the primary key 19. From an MRP (manufacturing) perspective, independent demand is related to: A. B. C. D. E. Raw Materials Components (Child Items) Purchased Items Subassemblies Finished (End Item) Goods 20. When considering different types of business decisions, which of the following is correct? A. B. C. D. E. Strategic decisions are made much more frequently than operational decisions Strategic decisions are made much more frequently than tactical decisions Operational decisions are typically made only by senior management Tactical decisions are made independently of strategic decisions Operational decisions are made much more frequently than strategic decisions 21. The indentation used on an indented Bill of Materials (BOM) is used to describe: A. B. C. D. E. The relative cost of the items The relative importance of the items The relationships of items within the BOM The lead time required to purchase the item The date when the item was added to the BOM 22. What type of data mining recommends an approach to solve a problem by identifying a similar problem that has a known and effective solution? A. B. C. D. E. Case-based Reasoning Neural Networks Rule Induction Data Visualization Nearest-neighbor Techniques Fall 2008 MIS 111 – In-Class Exam 2 Page 6 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 23. Identifying patterns in data based on common temporal (time) or spatial (geographic) traits is based on what type of data mining analysis? A. B. C. D. E. Sequencing Clustering Association Forecasting Classification 24. The information returned by an Excel VLOOKUP function could best be described using which database term? VLOOKUP( LookupValue, TableArray, ColumnIndexNumber, RangeLookup) A. B. C. D. E. A Database Record A Database File A Database Table A Database Field A Database Schema 25. Which of the following project management documents would be similar to a work breakdown structure diagram or a manufacturing bill-of-materials? A. B. C. D. E. A Gantt chart A Pert chart An entity-relationship diagram A hierarchical diagram A budget analysis 26. In a Business Flowchart (cross-functional diagram), the diamond equivalent to what MS Excel statement? A. B. C. D. E. symbol is MIN MAX ABS IF COUNT 27. In Excel, if you copy the expression “=A$1+1” from cell “B1” to cell “C2”, what expression would cell “C2” contain? A. B. C. D. E. “=A$1+1” “=A$2+1” “=A$2+2” “=B$1+1” “=B$2+1” Fall 2008 MIS 111 – In-Class Exam 2 Page 7 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 2006 ID Task Name Start Finish 2007 Duration Sep 1 Project Identification 8/28/2006 9/15/2006 Project Proposal 9/18/2006 10/13/2006 Project Planning 10/16/2006 11/16/2006 Project Execution 11/17/2006 8/10/2007 Project Execution Complete 8/13/2007 8/13/2007 Project Wrapup 8/13/2007 9/14/2007 Final Report Due 9/17/2007 9/17/2007 Final Presentation Preperation, 9/17/2007 Final report Edits 10/19/2007 Final Project Presentation 11/14/2007 11/14/2007 Jun Jul Aug Sep 25d 9 May 0d 8 Apr 25d 7 Mar 0d 6 Feb 191d 5 Jan 24d 4 Dec 20d 3 Nov 15d 2 Oct 0d Figure 1. Project Management Gantt Chart Diagram 28. As shown in Figure 1, the length of solid bars shown next to the right of the activities listed in the “task name” column represent which of the “Triple Constraints”? A. B. C. D. E. Time Scope Feasibility Resources Critical Path Figure 2. Project Management Pert Chart Diagram 29. The Pert Chart diagram shown in Figure 2 would help a project manager understand what aspect of this project? A. B. C. D. E. Whether the major project milestones are being completed on budget The work assignments for persons assigned to the project The critical project milestones and the order they are scheduled to be completed Whether project tasks have been assigned in the most efficient order The quality of the work performed during each major project milestone Fall 2008 MIS 111 – In-Class Exam 2 Page 8 of 10 Oct Nov RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 30. What project management activity occurs concurrently (at the same time) with the execution stage of a project? A. B. C. D. E. Initiating Planning Controlling Closing Developing 31. What method of Data Mining Analysis relates to the temporal (time) ordering of events? A. B. C. D. E. Clustering Association Classification Sequencing Forecasting 32. What technique does the CyberWell system use to help Halliburton's employees design, test, and integrate system before physically installing oil wells in the field? A. B. C. D. E. Virtual Private Network Visualization Sensitivity analysis Goal seeking Digital dashboard 33. Executing day-to-day tasks efficiently and effectively is classified as what category of managerial decision? A. B. C. D. E. Fuzzy Strategic Tactical Operational Validated 34. With respect to data mining, forecasting is defined as the process of: A. B. C. D. E. Spatially (geographically) correlating events Identifying patterns based on demographic data Using feedback algorithms to validate information Analyzing data based on historical trends Associating product sales patterns with significant weather events 35. A “Fishbone” process analysis diagram is also known as: A. B. C. D. E. A cause-and-effect diagram A correlation graph A cross-functional flowchart An organization chart A numerical analysis diagram Fall 2008 MIS 111 – In-Class Exam 2 Page 9 of 10 RECORD ALL OF YOUR ANSWERS ON YOUR SCANTRON SHEET 36. In the article Ethical Concepts and Information Technology, which of the following was NOT a dimension included in the typology of ethical theories? A. B. C. D. E. Rules Consequences Technologies Individuals Collectivity 37. In a project plan, the set of tasks that define the minimum amount of time required to complete the project is known as the: A. B. C. D. E. Milestone Project plan Work product Work breakdown structure Critical Path 38. Which of the following issues was NOT discussed in the context of issues facing Information Systems professionals with respect to the ethical use of information technology? A. B. C. D. E. Privacy Accuracy Quantity Property Accessibility 39. Referring to data, what is drilling down? A. B. C. D. E. Using specifically tailored data or a relational database Using data organized into tables Exploiting data warehouses Starting with broad information then looking at specific parts Loading information into a data warehouse from a transactional system 40. Business metrics that describe the performance of critical business activities are known as: A. B. C. D. E. Key performance indicator Residual risk assessment Business continuity plan Business intelligence analysis Decision tree Fall 2008 MIS 111 – In-Class Exam 2 Page 10 of 10 ...
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