ISA 235 Miami University Exam 1 (Ch. 1-4) || 100% Correct
Answers.
fact correct answers the confirmation or validation of an event or object
information age correct answers the present time, during which infinite quantities of facts are
widely available to anyone who can use a computer
internet of things correct answers a world where interconnected, internet-enabled devices or
"things" can collect & share data without human intervention
machine to machine (M2M) correct answers devices that connect directly to other devices
data correct answers raw facts that describe the characteristics of an event or object
structured data correct answers data that has a defined length, type, and format and includes
numbers, dates, or strings such as Customer Address
machine-generated data correct answers data created by a machine without human intervention
human-generated data correct answers data that humans, in interaction with computers, generate
unstructured data correct answers data that is not defined and does not follow a specified format
and is typically free-form text such as emails, Twitter tweets, and text messages
big data correct answers a collection of rare, complex data sets, including structured and
unstructured data, which cannot be analyzed using traditional database methods & tools
snapshot correct answers a view of data at a particular moment in time
Data example correct answers order date, amount sold, customer number, quantity ordered
information example correct answers best-selling product, best customer, worst-selling product,
worst customer
business intelligence example correct answers lowest sales per week compared with the
economic interest rates, best-selling product by month compared to sports season and city team
wins and losses
knowledge example correct answers choosing not to fire a sales representative who is
underperforming knowing that person is experiencing family problems, listing products that are
about to expire first on the menu or creating them as a daily special to move the product
information correct answers data converted into a meaningful and useful context
,report correct answers a document containing data organized in a table, matrix, or graphical
format allowing users to easily comprehend and understand information
static report correct answers a report created once based on data that does not change
dynamic report correct answers a report that changes automatically during creation
variable correct answers a data characteristic that stands for a value that changes or varies over
time
business intelligence (BI) correct answers information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that analyze patterns, trends, and
relationship for strategic decision making
analytics correct answers the science of fact-based decision making
predictive analytics correct answers extracts information from data and uses it to predict future
trends and identify behavioral patterns
behavior analytics correct answers uses data about people's behaviors to understand intent and
predict future actions
knowledge correct answers skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources
knowledge worker correct answers individuals values for their ability to interpret and analyze
information
accounting correct answers records, measures, and reports monetary transactions
finance correct answers deals with strategic financial issues including money, banking, credit,
investments, and assets
human resources correct answers maintains policies, plans, and procedures for the effective
management of employees
marketing correct answers supports sales by planning, pricing, and promoting goods or services
operations management correct answers manages the process of converting or transforming or
resources into goods or services
sales correct answers performs the function of selling goods or services
system correct answers a collection of parts that link to achieve a common purpose
, goods correct answers material items or products that customers will buy to satisfy a want or
need. clothing, groceries, cell phones, and cards are all examples of goods that people buy to
fulfill their needs
service correct answers tasks that customers will buy to satisfy a want or need
productivity correct answers the rate at which goods and services are produced based upon total
output given total inputs
production correct answers there process where a business takes raw materials and processes
them or converts them into a finished product for its goods or services
systems thinking correct answers a way of monitoring the entire system by viewing multiple
inputs being processed or transformed to product outputs while continuously gathering feedback
on each part
feedback correct answers information that returns to its original transmitter (input, transform, or
output) and modifies the transmitter's actions
management information systems (MIS) correct answers a business function, like accounting and
human resources, which moves information about people, products, and processes across the
company to facilitate decision making & problem solving
chief information officer (CIO) correct answers responsible for:
1) overseeing all uses of MIS and
2) ensuring that MIS strategically aligns with business goals and objectives
chief data officer correct answers responsible for determining the types of information the
enterprise will capture, retain, analyze, and share
chief technology officer (CTO) correct answers responsible for ensuring the throughput, speed,
accuracy, availability, and reliability of an organization's information technology
chief security officer (CSO) correct answers responsible for ensuring the security of MIS
systems and developing strategies and MIS safeguards against attacks from hackers and viruses
chief privacy officer (CPO) correct answers responsbile for ensuring the ethical and legal use of
information within a company
chief knowledge officer (CKO) correct answers responsbile for collecting, maintaining, and
distributing company knowledge
chief intellectual property officer correct answers manage and defend intellectual property,
copyrights, and patens
Answers.
fact correct answers the confirmation or validation of an event or object
information age correct answers the present time, during which infinite quantities of facts are
widely available to anyone who can use a computer
internet of things correct answers a world where interconnected, internet-enabled devices or
"things" can collect & share data without human intervention
machine to machine (M2M) correct answers devices that connect directly to other devices
data correct answers raw facts that describe the characteristics of an event or object
structured data correct answers data that has a defined length, type, and format and includes
numbers, dates, or strings such as Customer Address
machine-generated data correct answers data created by a machine without human intervention
human-generated data correct answers data that humans, in interaction with computers, generate
unstructured data correct answers data that is not defined and does not follow a specified format
and is typically free-form text such as emails, Twitter tweets, and text messages
big data correct answers a collection of rare, complex data sets, including structured and
unstructured data, which cannot be analyzed using traditional database methods & tools
snapshot correct answers a view of data at a particular moment in time
Data example correct answers order date, amount sold, customer number, quantity ordered
information example correct answers best-selling product, best customer, worst-selling product,
worst customer
business intelligence example correct answers lowest sales per week compared with the
economic interest rates, best-selling product by month compared to sports season and city team
wins and losses
knowledge example correct answers choosing not to fire a sales representative who is
underperforming knowing that person is experiencing family problems, listing products that are
about to expire first on the menu or creating them as a daily special to move the product
information correct answers data converted into a meaningful and useful context
,report correct answers a document containing data organized in a table, matrix, or graphical
format allowing users to easily comprehend and understand information
static report correct answers a report created once based on data that does not change
dynamic report correct answers a report that changes automatically during creation
variable correct answers a data characteristic that stands for a value that changes or varies over
time
business intelligence (BI) correct answers information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that analyze patterns, trends, and
relationship for strategic decision making
analytics correct answers the science of fact-based decision making
predictive analytics correct answers extracts information from data and uses it to predict future
trends and identify behavioral patterns
behavior analytics correct answers uses data about people's behaviors to understand intent and
predict future actions
knowledge correct answers skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources
knowledge worker correct answers individuals values for their ability to interpret and analyze
information
accounting correct answers records, measures, and reports monetary transactions
finance correct answers deals with strategic financial issues including money, banking, credit,
investments, and assets
human resources correct answers maintains policies, plans, and procedures for the effective
management of employees
marketing correct answers supports sales by planning, pricing, and promoting goods or services
operations management correct answers manages the process of converting or transforming or
resources into goods or services
sales correct answers performs the function of selling goods or services
system correct answers a collection of parts that link to achieve a common purpose
, goods correct answers material items or products that customers will buy to satisfy a want or
need. clothing, groceries, cell phones, and cards are all examples of goods that people buy to
fulfill their needs
service correct answers tasks that customers will buy to satisfy a want or need
productivity correct answers the rate at which goods and services are produced based upon total
output given total inputs
production correct answers there process where a business takes raw materials and processes
them or converts them into a finished product for its goods or services
systems thinking correct answers a way of monitoring the entire system by viewing multiple
inputs being processed or transformed to product outputs while continuously gathering feedback
on each part
feedback correct answers information that returns to its original transmitter (input, transform, or
output) and modifies the transmitter's actions
management information systems (MIS) correct answers a business function, like accounting and
human resources, which moves information about people, products, and processes across the
company to facilitate decision making & problem solving
chief information officer (CIO) correct answers responsible for:
1) overseeing all uses of MIS and
2) ensuring that MIS strategically aligns with business goals and objectives
chief data officer correct answers responsible for determining the types of information the
enterprise will capture, retain, analyze, and share
chief technology officer (CTO) correct answers responsible for ensuring the throughput, speed,
accuracy, availability, and reliability of an organization's information technology
chief security officer (CSO) correct answers responsible for ensuring the security of MIS
systems and developing strategies and MIS safeguards against attacks from hackers and viruses
chief privacy officer (CPO) correct answers responsbile for ensuring the ethical and legal use of
information within a company
chief knowledge officer (CKO) correct answers responsbile for collecting, maintaining, and
distributing company knowledge
chief intellectual property officer correct answers manage and defend intellectual property,
copyrights, and patens
