A brief core explanation for these questions to prepare for my Midterm, please.

IS 312 - Systems and Technologies for Managers Quiz 1 Name: 1. Which is NOT a characteristic of Information Systems (IS) and IS projects? A. IS projects are distinct projects that must be kept away from the overall organization atmosphere - especially challenges - to be successful. B. IS projects are projects that change the environment, and thus, change management frameworks can be used to understand them better. C. IS deal with people, processes, and technologies. D. IS strategy must be aligned with the organization strategy for best utilization of resources. E. Information systems need to be maintained to remain effective. 2. What are the two types of processes (activities) in a firm's supply chain? A. Functional processes and Non-functional processes. B. Primary processes and support processes. C. Front-end processes and back-end processes. D. Ordinary processes and vital processes. E. Supply chain consists of one or more value-chains and does not have any distinction in its processes. 3. Which is NOT among the potential sources of challenge in IS projects? A. Non-technical issues. B. Risk of mission-critical services being interfered during system upgrades. C. Lack of technical competencies in the development team. D. The nature of information technology (e.g., intangible engineering efforts for creating high-quality products or services). E. None - All of the items above are potential sources of challenge it IS projects. 4. What is the most important factor contributing the success of Information Systems projects? A. Executive support and buy-in B. Strong program management C. Good communication with the end-users D. Organizational change management and training E. Realistic expectations CSUN Nazarian College of Business Systems and Operations ManagementIS 312 - Systems and Technologies for Managers Quiz 1 5. Under which type of the following Enterprise Systems would you categorize the Transactional Processing Systems (TPS, or TP systems)? A. Business Management Systems (BMS) B. Functional Business Systems (FBS) C. Decision-support systems D. Expert systems E. None - TPS are a separate category of information systems. 6. ................... in the Leavitt's diamond model describes how to achieve the end results; who does what and when; and what to do if something went wrong. A. People C. Structure E. Hierarchy B. Technology D. Processes 7. Which of the following systems process the transaction in real-time? A. Batch processing systems B. TPS systems C. OLTP systems D. Forecasting systems E. None - All systems above process transactions after some delay. 8. Which of the following is used to describe/measure the strategic success of the firm? A. Effectiveness, usually measured by KGIs B. Effectiveness, usually measured by KPIs C. Efficiency, usually measured by KPIs D. Efficiency, usually measured by KGI E. Targets; usually measured by Metrics 9. Which is NOT among the required characteristics of a transaction, in transaction information systems? A. Durability C. Atomicity E. Reliability B. Consistency D. Isolation 10. Which is NOT among the forces in the five-forces of Porter model? A. Bargaining power of suppliers D. The diffusion of innovation B. Bargaining power of buyers E. Substitute products or services C. Threat of new entrants Systems and Operations Management CSUN Nazarian College of Business\fIS 312 - Systems and Technologies for Managers Quiz 2 6. Which of the following is NOT a process group according to the PMBOK? A. Planning process group B. Closing process group Budgeting process group D. Initiation (scoping) process group E. Monitoring and controlling process group 7. ... ... .............. is a point in time at which the revenues from the project fully cover the expenses. A. TCO B. ROI BEP D. NPV E. IRR 8. ... ... .............. IS a dollar value that indicates all the expenses we incur in building a product or service and making it operational. A. TCO B. ROI C. BEP D. NPV E. IRR 9. Which of the following is an example of the Role Assignment Matrix (RAM)? A. SWOT B. EVM C. CPM D RACI E. TAM 10. Which of the following is NOT a part of the project budget, but can be assigned to the project in case something catastrophic happened? A. Management reserves C. Financial reserves E. Risk reserves B. Accounting reserves D. Contingency reserves