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MIST Quiz #2
Flash Quiz Questions
27
Management
Graduate
04/11/2011

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Cards

Term
Sourcing involves many decisions. What is the first step?
Definition
Make or Buy
Term
An application service provider (ASP) is a company that "rents" the use of an application to the customer.
Definition
True
Term
Which one of the following is NOT a driver for outsourcing?
Definition
Working effectively w/ suppliers
Term
If a company decides to make the IT system they are using this type of sourcing.
Definition
Insourcing
Term
This is an overseas subsidiary of a company that is set up to serve the parent company and serves as an alternative to offshoring or nearshoring.
Definition
Captive Center
Term
The HBR article cautions that when senior managers to make decisions about what IT security and privacy risks they are willing to accept a company is vulnerable to... ?
Definition
??? FUCK
Term
The HBR article recommends that for a business value of systems to be realized, a business executive should be accountable for every IT project, not just an IT executive.
Definition
True
Term
This is a balanced approach to managing a companies IT organization.
Definition
Federalism
Term
Specifying the decision rights and accountability framework to encourage desirable behavior in using IT refers to the notion of...
Definition
IT governance
Term
Business analytics is the term used to refer to the use of quantitative and predictive models and fact-based management to drive decisions.
Definition
True
Term
These are sites for collaboratively creating and managing tags for annotating and categorizing content.
Definition
Folksonomies.
Term
These are collections of data designed to support management decision making, and sometimes serve as repositories of organizational knowledge.
Definition
Data warehouse
Term
Tom Davenport, in his HBR article, refers to companies that obsessively slice and dice data using analytical models to arrive at any strategic decisions as
Definition
Analytics Competitors
Term
Movie studios and music companies increasingly have been using the following business intelligence techniques to decide how many copies of a new album media to produce in the first production run (sloan brief article)
Definition
Regression Analysis
Term
A real option refers to...
Definition
the right without the obligation to do something in the future.
Term
A real option has the highest value with an increase in
Definition
both of these ???
Term
The starbucks example in the fichman-tiwana-keil article (berkley/hbr) illustrates
Definition
different real options can simultaneously be embedded in a single project.
Term
This type of IT funding is probably the most fair as the costs associated with IT is based on use.
Definition
Chargeback method
Term
The project triangle includes 3 sides:
Definition
time, scope and cost
Term
Which element of management is concerned with whether the project is proceeding properly?
Definition
Project control
Term
What dimension of project success asks the question "how high are the profits and how long will they last?"
Definition
business success
Term
What dimensions of project success asks the question "does the project meet the established time and budget criteria?"
Definition
resource constraints
Term
the McKinsey article laments that the technical solutions are not the magic bullet to fix security problems because...
Definition
new security technologies have shorter life spans because hackers cleverly and quickly devise ways around them
Term
According to the McKinsey Article, network security might be less important in some industries such as mining than in retail so companies in the former need to be less concerned about it.
Definition
True
Term
In a perfect world, information privacy guidelines should come from what level in a company?
Definition
CEO/CIO
Term
What tool is used to "block" information (specific kinds of packets) from entering or leaving a company network.
Definition
Firewall.
Term
Giving employees improper rights to view other employee's personal data is which type of managerial control concern.
Definition
Accessibility
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