An information system that managers select and use to generate the specific information that they need to perform their jobs successfully is known as an MIS system.

True

False

In the embryonic stage of the product life cycle, a product has yet to gain widespread acceptance.

True

False

Facebook management no longer uses performance evaluations because management found that there was no useful information to be gained from the evaluations.

True

False

According to Lori Goler, Janelle Gale and Adam Grant employees are more willing to accept compensation that is tied to their poor performance if they trust the objectivity of the evaluation.

True

False

According to Lori Goler, Janelle Gale and Adam Grant, performance evaluations in a company setting increase animosity between employees and managers.

True

False

When managers have all of the information that they need to exercise control, to coordinate their activities, or to make an effective decision, it is said that their information is complete.

True

False

Personal computers that sit on the desks of managers within a network are called ________, and the company's powerful mainframe computer connects the network PCs through a ________.

servers; client

servers; CPU

rack servers; MIS

clients; rack server

clients; DSS

According to Thomas Davenport the era of Analytics 3.0 is being characterized by using the analysis of data to create smarter product and service offers to customers.

True

False

According to Thomas Davenport Analytics 1.0, the era of business intelligence was a total failure because too much time was needed to analyze data and it was of little predictive value. This era saw significant capital wasted. He suggests it would have been better for companies to wait and to move right to the era of "Analytics 2.0"

True

False

In organizations with many layers of managers, it takes lesser time for information to travel up the hierarchy and for decisions to travel back down.

True

False

Large companies that need immense processing power have a mainframe computer at the hub of the network that can quickly process vast amounts of information.

True

False

A chart of the organization's net income after taxes over the past four years is an example of:

		facts.
		information distortion.
		data.
		an expert system.
		information At Facebook employee ratings based on performance evaluations are not used to determine compensation but rather for training purposes. True False