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570+ Information systems and engineering economics Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Computer Science Engineering (CSE) .

201.

A company purchased an industrial fork-lift for $75,000 in year 0. The company expects to use it for the next 7 years after which it plans to sell it for $10,000. The estimated gross income and expenses excluding depreciation for the first year are given below. The fork-lift will be depreciated according to a 5-year MACRS.:Determine the average tax rate applicable in the first year of operation, using the current corporate tax rate schedule.

A. 0.1875
B. 0.1731
C. 0.25
D. 0.15
Answer» B. 0.1731
202.

What effect would have on the break-even point and expected profit if there is an increase in fixed cost?

A. (decrease, decrease)
B. (increase, decrease)
C. (increase, increase)
D. (decrease, decrease)
Answer» B. (increase, decrease)
203.

What effect would have on the break-even point and expected profit if there is an increase in labor cost?

A. (decrease, decrease)
B. (decrease, decrease)
C. (increase, decrease)
D. (increase, increase)
Answer» C. (increase, decrease)
204.

What effect would have on the break-even point and expected profit if there is an increase in unit price?

A. (increase, decrease)
B. (decrease, decrease)
C. (increase, increase)
D. (decrease, increase)
Answer» B. (decrease, decrease)
205.

What effect would have on the break-even point and expected profit if there is an increase in financing cost?

A. (decrease, decrease)
B. (increase, decrease)
C. (increase, increase)
D. (decrease, increase)
Answer» B. (increase, decrease)
206.

What effect would have on the break-even point and expected profit if there is an increase in sales expense?

A. (increase, increase)
B. (decrease, decrease)
C. (increase, decrease)
D. (decrease, decrease)
Answer» C. (increase, decrease)
207.

Mistakes made in the system analysis stage show up in

A. system design
B. system development
C. implementation
D. all of the above
Answer» C. implementation
208.

The everyday tasks of management include:

A. planning and creativity
B. planning and leading
C. publicity and loss adjustment
D. plotting and leading
Answer» B. planning and leading
209.

Studying the future and arranging the means for dealing with it is part of the process of

A. organising
B. controlling
C. commanding
D. planning
Answer» D. planning
210.

Bureaucracy theory means

A. the development of management functions and administrative principles
B. a scientific study of work
C. a hierarchy of command based on a rational-legal authority structure
D. a shared responsibility of authority and delegation
Answer» C. a hierarchy of command based on a rational-legal authority structure
211.

An in depth study on a single organisation using a variety of data collection methods is known as

A. case study
B. field survey
C. field experiment
D. laboratory experiment
Answer» A. case study
212.

The method of research that gathers data about perceptions, feelings, opinions through interviews and questionnaires in their actual work setting is known as

A. case study
B. field survey
C. field experiment
D. laboratory experiment
Answer» B. field survey
213.

The consistency of data obtained from a particular research method is known as

A. reliability
B. validity
C. credibility
D. casuality
Answer» A. reliability
214.

The degree to which a research method actually measures what it is supposed to measure is known as

A. reliability
B. validity
C. credibility
D. casuality
Answer» B. validity
215.

Managing the human resource is

A. the smallest department in an organisation
B. better managed outside the organisation
C. vital for the success of an organisation
D. an unnecessary expense
Answer» C. vital for the success of an organisation
216.

A method of helping is to understand management and organisational behaviour is to look at _________ that has been done before

A. experiments
B. research
C. management
D. behaviour
Answer» B. research
217.

Impersonal treatment of people through consistent application of rules and decisions to prevent favouritism is part of

A. equity theory
B. motivation theory
C. leadership theory
D. bureaucracy theory
Answer» D. bureaucracy theory
218.

People who work in the Human resource department should have a knowledge of

A. organisational behaviour
B. finance
C. it
D. marketing
Answer» A. organisational behaviour
219.

What must entrepreneurs and leaders learn in order to have a successful organisation?

A. how to control people and manipulate organisational systems
B. how to think strategically, influence people, develop organisational systems
C. how to manage technical details and use current business jargon
D. how to read balance sheets and income statements.
Answer» B. how to think strategically, influence people, develop organisational systems
220.

Organisational success in providing a service or a product depends on

A. doing product development faster than anyone else
B. being the cheapest in the market
C. having the first product or service in the market place
D. the product or service being valued by a segment of society
Answer» D. the product or service being valued by a segment of society
221.

An organisation's mission is

A. the fundamental purpose of an organisation
B. articulated in such a way that it defines the business of the enterprise
C. a concept for unifying the efforts of organisational members
D. all of the above
Answer» D. all of the above
222.

Which must be accomplished first by the entrepreneur or leader?

A. the design of a rational organisation structure
B. generating profits
C. making viable the concept for which the organisation was founded
D. establishing policies that assure consistency of activities
Answer» C. making viable the concept for which the organisation was founded
223.

Definable groups of people who have an economic and/or social interest in the organisation are called

A. stakeholders
B. employees
C. managers
D. all of the above
Answer» A. stakeholders
224.

Governance policies, rules, as well as authority structures apply to which key resource element of the organisation?

A. technology
B. organisational culture
C. organisation
D. people
Answer» C. organisation
225.

Productivity is a ratio of outputs (products or services) to ____________.

A. profits generated
B. sales price
C. inputs consumed
D. behaviour effectiveness
Answer» C. inputs consumed
226.

"Doing the right things" is referred to as ____________.

A. effectiveness
B. efficiency
C. productivity
D. profitability
Answer» A. effectiveness
227.

Revitalization involves ________ the strategies, resources, technology, and skills of the organisation.

A. focusing
B. categorizing
C. formalizing
D. renewing
Answer» D. renewing
228.

What is the relationship between satisfaction and productivity, as suggested by research?

A. high satisfaction leads to high productivity
B. productivity does not influence satisfaction
C. moderate satisfaction results in low productivity
D. productivity often leads to satisfaction
Answer» D. productivity often leads to satisfaction
229.

Satisfaction is defined as positive feelings people have about an organisation whether as a/an

A. supplier, employee, customer, or regulator
B. employer, customer, regulator, or supplier
C. investor or stockbroker
D. none of the above
Answer» A. supplier, employee, customer, or regulator
230.

Management is the practice of

A. recruiting and motivating talented people to work for your organisation
B. increasing a firm\s revenues and cutting costs to maximize profits
C. directing, organizing, and developing people, technology, and financial resources
D. mastering political behaviours so that the fittest survive and rise to the top
Answer» C. directing, organizing, and developing people, technology, and financial resources
231.

Managers are typically integrators of

A. people
B. task
C. technology
D. all of the above
Answer» D. all of the above
232.

Productivity ultimately depends on both

A. efficiency and effectiveness
B. infrastructure and culture
C. people and money
D. satisfaction and revitalization
Answer» A. efficiency and effectiveness
233.

What is planning?

A. the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
B. the process of evaluating whether outcomes match objectives and, if not, taking corrective action
C. the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
D. determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
Answer» A. the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
234.

What is the process of managerial control or controlling?

A. the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
B. the process of evaluating whether outcomes match objectives and, if not, taking corrective action
C. the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
D. determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
Answer» B. the process of evaluating whether outcomes match objectives and, if not, taking corrective action
235.

What is competitive strategy?

A. the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
B. the process of evaluating whether outcomes match objectives and, if not, taking corrective action
C. the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
D. planning actions at the line of business level about where and how to compete
Answer» D. planning actions at the line of business level about where and how to compete
236.

The process of strategic thinking most involves what?

A. the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
B. the process of evaluating whether outcomes match objectives and, if not, taking corrective action
C. the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
D. determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
Answer» D. determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
237.

At what organisational level is it necessary to balance strategic actions with environmental and resource conditions?

A. departmental
B. middle management
C. corporate
D. all of the above
Answer» D. all of the above
238.

When setting key objectives, managers first seek to articulate

A. results that will achieve the earnings per share target of the external market analysts
B. results that can be achieved with modest commitment of incremental resources
C. mission consistent measurable results to be achieved within a specified future time frame
D. sales forecasts that will generate sufficient revenue to increase global market share
Answer» C. mission consistent measurable results to be achieved within a specified future time frame
239.

Managing strategy involves the craft of

A. deciding on bold courses of action that pulls the enterprise in new directions
B. balancing stability and consistency over time with changes when needed
C. defending established products to make it difficult for rivals to imitate
D. stimulating the creativity of managers and engineers to improve
Answer» B. balancing stability and consistency over time with changes when needed
240.

An organisation's plans are usually most specific at what level?

A. the top
B. the middle
C. the bottom
D. they should be essentially equal in specificity at all levels of the organisation
Answer» D. they should be essentially equal in specificity at all levels of the organisation
241.

When control systems are used to their fullest, they

A. catch individuals who are inefficient
B. lead to continuous improvement
C. produce conformity to standards
D. provide merit rewards for high performers
Answer» B. lead to continuous improvement
242.

operational decisions are

A. decision made by managers that have a medium term scope
B. based on aggregate data and impact the activities for the medium term that could range from the next few days/weeks/months
C. both a and b
D. none of the above
Answer» C. both a and b
243.

Types of Communication are

A. synchronous and asynchronous communication
B. simplex communication
C. full duplex and half duplex communication
D. all of the above
Answer» D. all of the above
244.

FOIS stands for

A. freight operation information system
B. fixed operation information system
C. first operation information system
D. none of the above
Answer» A. freight operation information system
245.

CMS stands for

A. client management system
B. crew management system
C. customer management system
D. none of the above
Answer» B. crew management system
246.

ICMS stands for

A. international coaching management system
B. internal coaching management system
C. integrated coaching management system
D. none of the above
Answer» C. integrated coaching management system
247.

The term used to describe those people whose jobs involve sponsoring and funding the project to develop, operate, and maintain the information system is

A. information worker
B. internal system user
C. systems owner
D. external system user
Answer» C. systems owner
248.

If a university sets up a web-based information system that faculty could access to record student grades and to advise students, that would be an example of a/an

A. crm
B. intranet
C. erp
D. extranet
Answer» B. intranet
249.

Which of the following is not a technology driver for an information system?

A. enterprise applications
B. object technologies
C. knowledge asset management
D. collaborative technologies
Answer» C. knowledge asset management
250.

Which of the following is a deliverable of the system implementation phase in a formal system development process?

A. technical hardware and software solution for the business problem
B. business problem statement
C. statement of the system users’ business requirements
D. none of the above
Answer» A. technical hardware and software solution for the business problem

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