Chapter $2$

TRUE$/$FALSE$.(2$ points each$)$

Business organizations are hierarchies consisting of five principal levels.

Operational$-$level manufacturing systems provide transaction$-$level information that enable monitoring of the daily activities of a business.

Business processes that impede organizational responsivyness are a source of competitive strength for a company.

Senior management is responsible for ensuring the financial performance of the firm.

The efficiency of a business firm depends to a large extent on how well its internal and interorganizational business processes are designed and coordinated.

The principal purpose of an MIS is to answer routine questions and track the flow of transactions through an organization.