Introduction to Business International Edition 11th Edition by William M. Pride – Test Bank

Introduction to Business International Edition 11th Edition by William M. Pride – Test Bank

Chapter 6—Understanding Information and e-Business

ESSAY

1. In your own words, describe the relationship between information and risk and how this relationship could impact the business decision-making process.

ANS:
Answer not provided.

PTS: 1 OBJ: 6-1 NAT: AACSB: Communication
TOP: How Can Information Reduce Risk When Making a Decision?

2. Compare information and data. Why might a manager prefer information to data?

ANS:
Answer not provided.

PTS: 1 OBJ: 6-1 NAT: AACSB: Communication
TOP: How Can Information Reduce Risk When Making a Decision?

3. How might the information needs of a marketing manager differ from those of an operations manager?

ANS:
Answer not provided.

PTS: 1 OBJ: 6-2 NAT: AACSB: Communication
TOP: What Is a Management Information System?

4. Would you expect the information needs of top managers to differ from those of middle- and lower-level managers? Explain your answer.

ANS:
Answer not provided.

PTS: 1 OBJ: 6-2 NAT: AACSB: Communication
TOP: What Is a Management Information System?

5. Describe each of the five functions of a management information system.

ANS: Answer not provided.

PTS: 1 -471 OBJ: 6-3 NAT: AACSB: Communication
TOP: How Do Employees Use a Management Information System?

6. What are the two principal sources of data for a businessperson? From which source would you expect the data to be more accurate? More expensive? More easily obtained?

ANS:
Answer not provided.

PTS: 1 OBJ: 6-3 NAT: AACSB: Communication
TOP: How Do Employees Use a Management Information System?

7. How does the use of statistics help turn data into information?

ANS:
Answer not provided.

PTS: 1 OBJ: 6-3 NAT: AACSB: Communication
TOP: How Do Employees Use a Management Information System?

8. How can computer technology help executives and employees make smart decisions?

ANS:
Answer not provided.

PTS: 1 OBJ: 6-4 NAT: AACSB: Communication
TOP: Improving Productivity with the Help of Computers and Technology

9. How does the Internet help employees communicate and assist a firm’s sales force?

ANS:
Answer not provided.

PTS: 1 -474 OBJ: 6-4 NAT: AACSB: Communication
TOP: Improving Productivity with the Help of Computers and Technology

10. Describe the ways the Internet can reduce the cost associated with recruiting and training employees while at the same time improve the quality of employees that the firm employs.

ANS:
Answer not provided.

PTS: 1 -475 OBJ: 6-4 NAT: AACSB: Communication
TOP: Improving Productivity with the Help of Computers and Technology