Chapter One: End-of-Chapter Questions

 

1.         The manager (1) acquires the physical resources, (2) refines them, (3) maximizes their use, and (4) replaces them at the proper time.

 

2.         The manager (I) gathers data, (2) processes the data to produce information, (3) makes the information available, and (4) replaces obsolete data and information.

 

3.         The first information-oriented computer application was the MIS.

 

4.         Users include managers, nonmanagers, and persons and organizations in the firm’s environment.

 

5.             Anthony identified strategic planning, management control, and operational control levels.

 

6.         A functional area is a subunit of the organization such as marketing or finance. A management function is a basic job that the manager performs.

7.           Mintzberg identified interpersonal, informational, and decisional roles.

8.           Managers should possess communications and problem solving skills.

 

9.         Decision making consists of selecting a course of action. Problem solving is the process of responding to situations that can have an exceptionally harmful or beneficial influence. Multiple decisions are made in the process of solving a single problem.

 

10.        The razor is a system because it consists of multiple elements such as the handle, the head, and the blade, and it has the objective of giving you a close shave.

 

11.        A closed-loop system and open-loop system both include input, transformation, and output elements. In addition, the closed-loop system includes a control mechanism, objectives, and a feedback loop.

 

12.        All firms transform inputs into outputs. In some cases the transformation is very abstract. For example, an insurance firm transforms the policyholders’ premiums into financial security.

 

13.        Management serves as the control mechanism in a firm.

 

14.        The bills are data to the phone company and information to the customers.

 

15.        The CBIS subsystems are MS (data), MIS (information), DSS (specific problem), virtual office (communication), and knowledge-based systems (consultation).

 

16.        The information specialists who work directly with the user include the database administrator, systems analyst, and network specialist.



17.        The finance manager is engaged in EUC by developing his or her own application. The application fits within the accounting information system component of the CBIS, since one of the outputs of the MS is the income statement.

 

18.        The finance manager has computer literacy since he or she knows how to use the computer. Most likely the manager also has information literacy because he or she recognizes the importance of the income statement.

 

19.        EDP systems have been justified based on displaced clerical costs, achieving increased

efficiency, and achieving reduced inventory investment. The latter two have been the most successful.

 

20.        It is difficult to justify an information-oriented CBIS subsystem because of the difficulty in placing a monetary value on information.

 

21.        The five SLC phases are planning, analysis, design, implementation, and use. During the first phase, the information specialist supports. During the remaining four phases, the

manager controls.

 

Topics for Discussion

 

1.         A trade agreement such as NAFTA increases the complexity of a firm’s business operations because it expands the marketplace to include customers and competitors around the world. This places strong demands on the firm’s data communications network, forcing the firm to implement a GIS (global information system). Chapter 3 explains this increased complexity in greater detail.

2.                     Answers will vary.

3.          Answers will vary.

4.          Answers will vary.

 

5.         The computer is a physical system, but its contents (program and data) are conceptual systems. The program represents the firm’s processes and the data represents the firm’s resources.

 

6.         The company needs to know (1) its sales objectives, (2) turnover rate for its sales

representatives, (3) and how many sales representatives a recruiter can recruit each month. All of the information can be found in the database. Turnover rate and recruiting

productivity can be computed from historical data.