MIS 180 EXAM 1 STUDY GUIDE 2026 TEST
PAPER QUESTIONS AND ANSWERS FULL
REVIEW
●● Information.
Answer: Data converted into a meaningful and useful context
Examples: Best selling product; best customer; worst selling product;
worst customer
●● Business Intelligence.
Answer: Information collected from multiple sources such as suppliers,
customers, competitors, partners, and industries that analyzes patterns,
trends, and relationships for strategic decision making
Examples: 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.
Answer: Skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources
,Examples: 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
●● Fact.
Answer: A fact is a type of date. Its qualities include:
a thing that is indisputably the case
a piece of information used as evidence or as part of a report or news
article.
a statement that is consistent with objective reality or can be proven with
evidence
the usual test for a statement of fact is verifiability
●● True/Useful Fact.
Answer: Example: The sky is blue
●● False/Misleading Fact.
Answer: False/Useless Example: The sky is above
, Misleading Example: The sky is green (when a storm is brewing)
●● Triangulation.
Answer: taking a "read" from different sources
●● Corroboration.
Answer: checking one source's story against another source's story
●● Information Literacy.
Answer: Know when you need more data, information and knowledge;
Be able to locate, evaluate and effectively use that data, information, and
knowledge
●● System.
Answer: a set of connected processes and characteristics forming a
complex whole, or a set of principles or procedures according to which
something is done.
Doesn't always produce one particular end
Ex: produce pizza and employment and rent for landlord and market for
food suppliers and......
PAPER QUESTIONS AND ANSWERS FULL
REVIEW
●● Information.
Answer: Data converted into a meaningful and useful context
Examples: Best selling product; best customer; worst selling product;
worst customer
●● Business Intelligence.
Answer: Information collected from multiple sources such as suppliers,
customers, competitors, partners, and industries that analyzes patterns,
trends, and relationships for strategic decision making
Examples: 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.
Answer: Skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources
,Examples: 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
●● Fact.
Answer: A fact is a type of date. Its qualities include:
a thing that is indisputably the case
a piece of information used as evidence or as part of a report or news
article.
a statement that is consistent with objective reality or can be proven with
evidence
the usual test for a statement of fact is verifiability
●● True/Useful Fact.
Answer: Example: The sky is blue
●● False/Misleading Fact.
Answer: False/Useless Example: The sky is above
, Misleading Example: The sky is green (when a storm is brewing)
●● Triangulation.
Answer: taking a "read" from different sources
●● Corroboration.
Answer: checking one source's story against another source's story
●● Information Literacy.
Answer: Know when you need more data, information and knowledge;
Be able to locate, evaluate and effectively use that data, information, and
knowledge
●● System.
Answer: a set of connected processes and characteristics forming a
complex whole, or a set of principles or procedures according to which
something is done.
Doesn't always produce one particular end
Ex: produce pizza and employment and rent for landlord and market for
food suppliers and......
