BELGIUM CAMPUS Enterprise Resource Planning ERP261
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Questions and Answers

What is the common thread that connects every aspect of a business, as mentioned in the text?

  • Data and information (correct)
  • Financial profits
  • Physical products and services
  • Technological advancements

Which of the following components are typically part of an information system?

  • Inventory, marketing, and sales
  • Customer service, advertising, production
  • Distribution, finance, human resources
  • Hardware, software, people, data, process (correct)

Why is data considered the heart of an Information System according to the text?

  • Because it is easy to manipulate and store
  • Because it guarantees success in any industry
  • Because it provides immediate financial returns
  • Because it underlies every decision and action in a company (correct)

Which of the following is NOT considered an Information System according to the text?

<p>A bicycle mechanism (D)</p> Signup and view all the answers

What is an Information System defined as in the text?

<p>A system that processes information (B)</p> Signup and view all the answers

In the context of a hospital, which of the following components would be part of an Information System?

<p>Patient records management system (A)</p> Signup and view all the answers

What is the common thread in business that large companies, or enterprises, have to manage very carefully?

<p>Resource management (B)</p> Signup and view all the answers

Which type of system can function as an Executive Information System (EIS), a Management Information System (MIS), and a Decision Support System (DSS)?

<p>Enterprise Resource Planning (ERP) system (A)</p> Signup and view all the answers

What is one of the benefits of a Decision Support System (DSS) in terms of decision-making?

<p>Reducing problem-solving time needed (D)</p> Signup and view all the answers

In the context of information systems, what does 'ERP' stand for?

<p>Enterprise Resource Planning (B)</p> Signup and view all the answers

What type of decisions does an Executive Information System (EIS) typically support?

<p>Strategic decisions (A)</p> Signup and view all the answers

Which information system is specifically aimed at managers, analysts, and professionals to aid in decision-making?

<p>Decision Support System (DSS) (A)</p> Signup and view all the answers

What is the primary purpose of an Executive Information System (EIS) mentioned in the text?

<p>Supporting senior executives in making strategic decisions (D)</p> Signup and view all the answers

What is a common feature of an Executive Information System (EIS) dashboard?

<p>User-friendly visual display (D)</p> Signup and view all the answers

How is an Executive Information System (EIS) different from a Management Information System (MIS), as per the text?

<p>EIS supports strategic decisions for senior executives, while MIS provides operational reports for managers. (A)</p> Signup and view all the answers

Based on the text, what is a key characteristic of an Executive Information System (EIS) concerning data interpretation?

<p>User-friendly presentation for easier interpretation (D)</p> Signup and view all the answers

How does Business Intelligence (BI) relate to the Executive Information System (EIS) described in the text?

<p>BI supports operational decisions, while EIS aids in strategic decision-making. (B)</p> Signup and view all the answers

In the context of the text, what is the primary role of an Executive Information System (EIS) in a company?

<p>Assisting senior executives in making strategic decisions (B)</p> Signup and view all the answers

Flashcards

Business's Common Thread?

Data and information are fundamental to all business operations.

Information System Components

Hardware, software, people, data, and processes work together.

Data's Importance

It underlies all decisions and actions within the company.

Information System

A system that processes information to produce an output.

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Hospital IS Example

It involves managing patient data within the hospital's system.

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Resource Management

Enterprises must carefully manage their resources to succeed.

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System Types

Enterprise Resource Planning (ERP) systems integrate various business functions.

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DSS Benefit

DSS reduces the time it takes to make decisions.

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ERP stands for...

Enterprise Resource Planning

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EIS Decisions

EIS supports strategic decisions for senior executives.

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System for Analysts?

Decision Support System (DSS)

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EIS Purpose

To support senior executives in making strategic decisions.

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EIS Feature

User-friendly visual display for quick understanding.

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EIS vs. MIS

EIS strategic, MIS operational.

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EIS Data

User-friendly for easier interpretation of complex data.

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EIS's primary role?

EIS aids in strategic decision-making.

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EIS role in company?

Assist senior executives in making strategic decisions.

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EIS Feature

Dashboard

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