A. reduces costs
B. manages risks
C. adds value
D. creates a new opportunity
Related Mcqs:
- Language-based, machine-readable representations of what a software process is supposed to do, or how a software process is supposed to accomplish its task is known as_________________?
A. prototyping
B. software specifications
C. application programs
D. human engineering - When a bank uses information to launch a personalised credit card product this_____________?
A. manages risks
B. creates a new opportunity
C. adds value
D. reduces costs - __________ technology include computers hardware, software, database management systems and data communication system?
A. Information
B. Computer
C. Marketing
D. All of the above - Michael hammer defines re-engineer as ___________ and radical redesign of business process to achieve the performance such as cost, quality, service and speed?
A. Business process
B. The fundamental rethinking
C. Organization restructuring
D. None of the above - To improve the performance of a business process, which of the following is most relevant ?
A. Input
B. Processing
C. Control and feedback
D. All of the above - Which of the following models are developed on the principles of business management, accounting and econometrics ?
A. Behavioral model
B. Management science models
C. Operations research models
D. Policy making models - ____________ is an organized portfolio of formal systems for obtaining processing and delivering information in support of the business operations and management of an organization?
A. MIS
B. DSS
C. MRS
D. None of the above - A ___________________ strategy seeks to achieve competitive advantages by allowing the business unit to make more profit than its competitors?
A. Focus
B. Cost leadership
C. Linkage
D. Information leadership - Tracking employee training, skills, and performance appraisals is an example of a human resource information system operating at the________________?
A. operational level
B. management level
C. knowledge level
D. strategic level - __________________ ensuring that performance meets established standards that worker’s activities occurs as planned and that the organization process?
A. Planning
B. Organizing
C. Leading
D. Controlling