Questions for Practice (revision)

multiple1- Organizations that seek the most-qualified executive available for a specific position and are generally on assignment from the company needing a specific type of individual are referred to as A- employment agencies B- job fairs. C- progressive search firms. D-executive search firms. 2-Which of the following provides an example of special event recruiting? A- Internships B- Recruiters. C- Employment agencies D- Job fairs. 3- What is perhaps the most common approach to meeting short-term fluctuations in work volume? A. Overtime B- Subcontracting C- Temporary employees D- Employee leasing. 4- The least-expensive recruitment method that provides the broadest coverage is probably through the use of A- newspaper advertising. B- special events C- recruiters. D- employment agencies.

Which of the following is not a element of a VRIO analysis? (Used to identify strategic strengths in a SWOT analysis) 1.They are Valued by the customer 2.The company is Organized to exploit the resourses (strengths) 3.They are Rare in the Industry Inexpensive to imitateimitate 4.They are not Inimitable

1. How IS is different from IT? 2. What are Management Information Systems? 3. Which type of analysis is usually performed by decision support systems?

Discuss how a business organization might use data marts as a part of their management and decision support strategy. What is a data mart?

The key to a PRISM system is the ________. Select one: a. quantity of data input by executives b. number of variables in the PRISM equations c. quality of the data input by executives d. power of the computers

MIS provides a variety of information products to managers. Discuss the major reporting alternatives provided by MIS to assist managers in better decision making. Illustrate your answer with examples

A supplier of high fashion clothing wants to learn about future trends in dress designs. How could an enterprise resource-planning system facilitate achievement of this objective? Group of answer choices O. Generate predictive models of future sales. O. Research competitive textile suppliers. O. Calculate cost of product inventory. O. Integrate buyer product plans in system.

CHOOSE THE BEST ANSWER. PLEASE ANSWER AS SOON AS POSSIBLE  1- What is the best need/benefit-oriented approach to defining a car?   Descriptions of a car's engine size and features   Outlining the warranty that comes with the car    Describing how it provides more efficient and reliable transportation    Showing the beautiful color and styling  2-  What is the best way for TWU to define their "market" in a marketing sense?   the location of their buildings    current and potential students    the faculty and staff delivering the product    the mix of programs they offer  3-   Which of the following is not recommended for a marketing plan?   Communicate the plan to appropriate managers.    Once you have a good plan in place, do not change it for at least a year.    Marketing plans should be creative.    Use common sense.  4-  Which of the following is not a current trend (described in book/class)?   Increasing consumer demands    Decreasing price sensitivity among consumers    Overall…

MC Qu. 06 Americana Corporation is a consumer Americana Corporation is a consumer products conglomerate that sells household, beauty, and personal care products. The company is organized based on five different geographical regions in which it operates. Based on this organizational structure, which of the following would most likely be true? Multiple Choice There is a lack of decision-making autonomy at Americana. There is functional departmentalization at Americana There are low levels of self-sufficiency at Americana There is a lack of departmentalization at Americana There are low levels of centralization at Americana.

The Determine Budget process includes the following tools and techniques except ________ Group of answer choices Expert judgment Data analysis (reserve analysis) Data analysis (cost of quality) Financing

1. Review the provided CRM data to guide you in selecting the buying firm that will maximize revenue for DataLocker. Once you have analyzed the CRM data, select the appropriate industry that will maximize revenue for DataLocker: Small Size Manufacturing Small Size Hospitality Small Size Services Medium Size Manufacturing Medium Size Hospitality Medium Size Services Large Size Manufacturing Large Size Hospitality Large Size Services

We can define big data as * The collection of data from and about everything internal to the organization. The collection of data from and about O everything internal and external to the organization. The collection and interpretation of an organization's internal and external data to attain its business objectives besides enhancing customer service. O None of the mentioned options

Which of the following is FALSE concerning networks? O you should keep your network size small, limited to a select number of confidants O your network consists of people you know O your network can be expanded to include contacts of the people you know O every person you meet can potentially be part of your network Question 7 "Indeed" and "Simply Hired" are examples of: O Job Search Engines O Online Job Boards Employer Web Sites O Private Employment Agencies Being "over-qualified" could lead to landing a job in which category? O contingency job target O current job target O stretch job target O dream job target

Discuss the concept of data warehousing and its role in decision support systems. How does it differ from traditional transactional databases, and what are its benefits?

Tufte's argument that the space shuttle Challenger disaster was a direct result of the poorly displayed information. This example of the possible consequences of poor data display is certainly extreme. But similarly, poor data displays are an everyday occurrence in many organizations in the world and lead to mistakes; missed opportunities; and the loss of time, money, and sometimes, life or limb.  the development of new ways of visualizing information is an active and exciting area of current research. However, to properly and effectively apply these new methods, one must first develop an awareness of where and how information is currently being displayed badly. Find an example of a poor information display that is currently in use in a business organization. This can be a chart that doesn't include all the information needed to draw a correct conclusion from the data presented, one that hides the important information behind a clutter of irrelevant data, one that forces incorrect…

The finance managers’ function is to find out how much finances required to acquire fixed assets and forecast the amount needed to meet the working capital requirements in future is called __. a.Acquiring finance b.Managing funds c.All of these d.Forecasting finance 18.Which one of the financial intermediaries act as middlemen between depositors and lenders who are the users of funds? a.Finance companies b.Commercial bank c.Investment bank d.All of the options

To help you collect the most useful data for your mar-keting plan, develop a three-column table: 1 In column 1, list the information you would ideallylike to have to fill holes in your marketing plan. 2 In column 2, identify the source for each bit of in-formation in column 1, such as doing an Internet search, talking to prospective customers, lookingat internal data, and so forth.3 In column 3, set a priority on information you willhave time to spend collecting by ranking each item: 1 = most important; 2 = next most impor-tant, and so forth.

Discuss four reasons why some organizations fail to conduct need assessent as thoroughly as they need to before the development and delivery of a training program check_circle Expert Answer     Step 1 A needs assessment is essential because it supports a company to manage the ways that are hindering it from arriving at its craved purposes. Step 2 Given below are the four reasons that show why some organizations fail to manage need assessment as completely as they need to before the development and delivery of a training program- Require Judgement Time-consuming Misunderstanding about assessment Incapability to determine the uses of assessment Step 3 Need Assessment needs an understanding of the different parameters that are going to affect the organization in the future or are already affecting it. Judgment should be accurate in all manner which can be done only through proper analysis and evaluation. But in actuality, managers and employees think that it takes more…

Measures of success are out Select one: a. criteria or standards used in evaluating proposed solutions to a problem. tion b. identification of acceptable alternatives for collecting data to solve a problem. c. the goals the decision maker seeks to achieve in solving a problem. d. objective data used to identify the most profitable solution to a marketing problem. e. subjective data used to identify the most profitable solution to a marketing problem.

One of the objectives of CRM software is to capture data about every contact the company has with a customer and to store it in the CRM system. Do you think customers might be concerned with this practice? Why or why not? What are the advantages that CRM software offers to the customer?  *Please provide a new answer. Thank you.*

3. Discusses how these groups will be targeted (once identified), by explaining three (3) digital marketing options such as email, voice, text, app alert, app redemption token, etc. The report should be in MS Word format (or equivalent). For the purpose of this assessment, the following assumptions apply: ●95% of sales are electronic (credit card/phone), 5% are cash; ●55% of customers use a loyalty card at time of transaction; ●customers who have a loyalty card have provided credit card/phone/email details; and ●Imagine P/L has a smartphone app, which supports tokens (price discounts, etc) and alerts. 25% of customers have downloaded and use the app. Report Structure Your report should include the following sections: ●Introduction​: Briefly explaining the purpose of the report ●Technology Options​: Where you describe each type of technology ●Sales Solution​: Where you explain how the options will increase sales ●Marketing Channels​: Where you discuss how to reach customers…

Your client (SuperSpool) imports hand-spun wool yarns from Australia and New Zealand. They have very little market share as they just started their business in the summer of 2021. Their biggest competitor is ClassicYarn. They want to increase awareness of their great products with the goal of gaining market share in the U.S. To help develop your agency's recommendations, you want to execute a survey of people who design knitting and crocheting patterns for customized clothing using specialty yarns. Which of the following questions is probably the BEST to use? A)Do you prefer hand spun yarns and American made products? B) Yes or No: Do you think ClassicYarn is a socially responsible company? C) On a scale of one to five with five meaning you strongly agree and one meaning you strongly disagree, how important is it that yarns you buy are made in the U.S.A.? D) Given current supply chain issues, knowing ClassicYarn uses only fibers made in the U.S.A., would you agree its products are more…

What are the key ethical considerations and potential risks associated with utilizing customer data collected through CRM systems, and how can organizations ensure responsible and transparent data usage to protect customer privacy while delivering personalized experiences and driving business growth?

People have been using Twitter’s social media platform to Tweet short bursts of information in 140 characters or less since 2006 and now average 500 million Tweets a day. The full stream of Tweets is referred to as Twitter’s fire hose. Various firms analyze data from the fire hose and sell the information gleaned from that analysis to other companies. Twitter recently purchased Gnip, the world’s largest social data provider and one of the few companies that had access to the fire hose. Gnip also mines public data from Facebook, Google+, Tumblr, and other social media platforms. Analyzing social data has become a big business because companies such PepsiCo, Warner Brothers, and General Motors pay to learn about consumers’ sentiments toward them. According to the CEO of social media analysis company BrandWatch, “We’re at the bottom of the foothills in terms of the kind of global demand for social data.” Twitter alone earned more than $70 million last year from licensing its data. Perhaps…

A decision support system (DSS) is an information system that assists a company in making decisions that involve judgment, determination, and a set of actions. Describe the DSS's many elements. What role does DSS play in the transformation of the IT industry?

What is the most significant distinction that can be made between a management information system and a decision support system?

A company which is in restaurant business. How they can use analytics solutions for the given use cases? Describe what data needs to be collected and what analysis can be done in each given use case. a. Customer profiling- b. Operations improvement- c. Sales forecasting- d. Lifetime value and repeat customer trends

O d. They do selective business functions Mr. Rashid is a farmer. He grows a variety of vegetables. He also runs a vegetable shop where he sells his farm grown vegetables directly to customers. Based on this information, which of the following option is correct? O a. Mr. Rashid is in the farming and retailing business O b. Mr. Rashid s in the mining and retailing business c. Mr. Rashid is in the farming and wholesale business O d. Mr. Rashid is in the mining and manufacturing business lenovo

You are the Information Systems (IS) Manager of  Ramsys IT Solutions. The Board of Directors of your company has decided that your company should  purchase a new Information System software for its use.   (b). Describe three strategic business objectives/benefits  that    your    organization    can    derive    from    its investments in, and use of, the proposed Information System.