Questions and Answers of Principles Information Systems

The CFO has asked each member of the team to express his or her thoughts on two topics:How should potential strategies for the finance organization be evaluated?
What are some of the routine day-to-day household tasks that robots are able to accomplish today? What additional tasks might they be able to do in the near future? Are there certain limitations that
Do you think that only one manufacturer and model of portable computer will meet everyone's needs, or should you define multiple portable computers based on the needs of various classes of end user?
Who else (role, department) and how many people would you select to be a member of the team? How would your team go about defining users' needs?
What are the pros and cons of each class of portable computer?
Identify an event that would trigger a need to redefine the organization's vision/mission statement.
Identify and briefly describe three types of contracts frequently used in the procurement of goods and services.
What is the purpose of risk management? Briefly outline a recommended risk management process.
What is a stakeholder analysis matrix and how is it used?
Briefly describe the stages that a project team experiences over the course of a successful project.
Explain how PERT and Gantt are used to develop and/or communicate the schedule of a project.
Identify and briefly describe the nine areas of expertise that a project manager must coordinate.
Identify the five highly interrelated parameters that define a project. What happens if one of these parameters is changed?
What is a core competency? Project scope? Project stakeholder?
How does a strategy differ from an objective?
What does the acronym SMART goal stand for? What is a BHAG?
What does an organization's vision/mission statement communicate?
What is included in a SWOT matrix, and how is one used?
State the fundamental factors that determine the level of competition and long-term profitability of an industry, and draw a sketch of Michael Porter's Five Forces Model.
Outline the four phases of goals-based strategic planning.
Briefly describe issues-based strategic planning, organic strategic planning, and goals-based strategic planning.
State three benefits that an organization can achieve through strategic planning.
After speaking to the project champion, you and she both agree that the current sponsor should be replaced with someone new. What characteristics,traits, and experiences would you look for in a new
If you are unable to persuade the sponsor to remain on the project, should you enlist the help of the project champion? How might you do this in such a way that you do not appear weak and ineffective
What might be the impact on the project if you attempt to proceed without a sponsor? Is it likely that some project tasks would need to be done over if a new sponsor is appointed?
What is the role of the project sponsor?
Describe how game theory might be used in a business setting.
What is the differences and similarities between a database and a knowledge base?
Discuss the similarities and differences between learning systems and neural systems. Give an example of how each technology might be used.
Describe how a combination expert system and natural language processing could be used to provide student counseling for registering for classes. How successful do you think such a system would be?
Describe the CRISP-DM model, and explain how it can be used to plan and execute a data mining effort.
What sort of training and experience is needed by the individuals who built and operate this system? What about by the individuals who use this system?
Identify and briefly discuss several benefits that can be gained through the use of BI and analytics.
Provide a definition of business analytics.
What are the key components that Argosy must put into place to create an environment for a successful BI and analytics program?
Identify and briefly discuss the six processes that comprise knowledge management.
Provide an example or two of how this system might be used to identify an opportunity for improvement in the treatment of patients.
Provide several examples of key patient healthcare measures that are tracked by this system.
Identify several sources from which the data for this system may be obtained.
Cancer patients frequently suffer from depression. Do you think it is possible for Watson to recognize symptoms of depression and provide encouragement and advice to the patient? How might this be
One of the challenges of a cognitive computing capability such as the Watson cancer adviser is keeping the information that Watson draws on as current as possible. Over time, new approaches, courses
What other major branches of artificial intelligence are employed in the Watson cancer patient adviser?
How might visual systems and natural language processing be incorporated into the Watson cancer adviser system?
What are key performance indicators (KPIs)? Identify three KPIs that might be used in a doctor's or dentist's office to measure the patient office visit experience.
What is data mining? Identify three commonly used data mining techniques.
What is r2, and how is it used to evaluate how well data fits a linear regression model?
What is linear regression? Identify two variables that have a strong linear relationship.
What is drill-down analysis and how is it used?
What is a data cube? Define three data dimensions of a data cube that might be used to analyze sales by product line.
Describe the role of a data scientist. What education and training are required of data scientists?
What kinds of BI analytics tools and techniques is the FDNY likely to use in sifting through all this data and determining a building's risk score?
In what ways is the implementation of a CRM system simpler and less risky for an SME than for a large multinational corporation?
Explain how CAD, CAE, and CAM software can work together to support the product development life cycle.
Why were SMEs slow to adopt ERP software? What changed to make ERP software more attractive for SMEs?
Assume that you are the owner of a small bicycle sales and repair shop serving hundreds of customers in your area. Identify the kinds of customer information you would like your firm's CRM system to
What is source data automation? What benefits can it be expected to deliver?
Identify and briefly describe at least four key business capabilities provided by the use of a CRM system.
How does materials requirement planning support the purchasing process in an ERP environment? What are some of the issues and complications that arise in materials requirement planning?
What are some of the advantages and disadvantages of the hosted software model?
What is a Tier I ERP software vendor?
Define supply chain management (SCM).
What is an enterprise system? Identify and briefly discuss the goals of three types of enterprise systems.
Identify and briefly describe six basic transaction processing activities performed by all transaction processing systems.
What are the pros and cons of choosing a hosted software solution to "test drive" a potential CRM solution?
The CFO has asked you to lead a team to assess the potential benefits associated with this system. Who would you choose to make up this team (job title and organization)? How could your team attempt
What are the potential benefits that iProspect might capture from use of a CRM system?
What specific tasks must this CRM software perform?
Business is going so well that Cal is thinking of expanding the scope of his business to include catering for weddings, parties, and various business functions. As the scope of his business expands,
Should Cal consider developing his own programs using spreadsheet and database software or should he purchase an integrated package to meet his needs?
Identify six specific tasks that the TPS must perform to meet his needs.
What kind of transaction processing systems does Cal need to manage and support the basic functions of his business?
As a team, develop a set of criteria that you would use to evaluate the effectiveness of a mobile advertising campaign to boost the sales of one of your firm's products. Identify the measures you
What are the pros and cons of having a third-party host and operate your Web site?
What parameters might be used to measure the current performance of the Web site?
Define the basic functions that this Web site must perform in order to meet the basic needs of the laundry service as well as attract and maintain the interests of students. What are some things you
Can you identify additional laundry-related services that might be added to your basic wash, dry, and fold offering that would be attractive to students? How could the initial Web site design allow
What actions can you take to increase traffic and draw students to your Web site?
Briefly discuss the status of online retailers collecting sales taxes on online sales.
Identify and briefly discuss three reasons for the steady growth in B2C e-commerce.
What is a digital certificate? What is a certificate authority? What is the Payment Card Industry security standard? What is the Transport Security Layer?
Identify three key Web site performance measures.
What is meant by retargeting? What percent of all online shopping carts are abandoned?
What is the difference between blind, premium blind, and premium networks for mobile advertising?
Identify six global issues associated with e-commerce.
Outline specific actions online shoppers can take to ensure that they are dealing with a legitimate and reputable Web site.
Why is the market for m-commerce in North America maturing much later than in other regions of the world?
Identify three forms of e-government e-commerce.
What is the status of background checks on online gun sales?
What are Web-influenced sales and what is a reasonable estimate of total Web-influenced sales?
What region of the world represents the world's largest and fastest B2C market?
What is disintermediation?
What is buy-side e-commerce and how does it differ from sell-side e-commerce?
Briefly define the term electronic commerce, and identify six forms of electronic commerce based on the parties involved in the transactions.
What challenges does a company like MobiKash face when they try to penetrate different national markets in developing countries? Why might Kenya be a good choice for the launch of m-commerce
What are some of the privacy concerns that consumers might have in terms of shopping on a social network such as Facebook, which already has access to somuch personal information?Are people likely to
Discuss the use of e-commerce to control spending on manufacturing, repair, and operations (MRO) of goods and services.
What is personalization of Web pages? How might one go about doing this?
Discuss how you might go about increasing the amount of traffic to your Web site.
Identify and briefly discuss three key challenges that an organization faces in creating a successful e-commerce operation. What steps can an organization take to overcome these barriers?
Identify and briefly discuss the five stages consumers experience in the sales life cycle that must be supported by a successful e-commerce system.

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