Complete Questions
/. Structured data has a defined length, type, and format that includes numbers, dates,
or strings such as Customer Address. Which two sources typically store structured
data? - Answer-✅Relational database and Spreadsheet
/.What is a view of data at a particular moment in time? - Answer-✅Snapshot
/.True or false: The truth about information is that its value is only as good as the people
who use it. People using the same information can make different decisions depending
on how they interpret or analyze the information. Thus, information has value only
insofar as the people using it do as well. - Answer-✅True
/.A(n)__________ is a data characteristic that stands for a value that changes or varies
over time. - Answer-✅Variable
/.How will a business estimate the impact on profits from increases or decreases in
costs? - Answer-✅Manipulating variables
/.Business intelligence (BI) is information collected from multiple sources that analyzes
patterns, trends, and relationships for strategic decision making. - Answer-✅Suppliers,
customers, competitors, partners, and industries
/.What is the primary difference between information and business intelligence? -
Answer-✅Information primarily focuses on internal variables. BI manipulates multiple
variables including both internal and external variables.
/.What is the scientific process of transforming data into insight for making better
decisions? - Answer-✅Business analytics
/.What are the three categories of analytics? - Answer-✅Descriptive analytics,
Predictive analytics, Prescriptive analytics
/.What are the two primary resources knowledge workers use to make decisions? -
Answer-✅Information and intuition
/.What are the human, structural, and recorded resources available to the organization?
- Answer-✅Knowledge assets
, /.Which statement is accurate when analyzing the relationships between departments in
a company? - Answer-✅Departments are dependent and need data from other
departments to make solid business decision for the company to operate as a whole
/.Which of the following is a good example of a system, since removing one part will
cause the entire system to stop working? - Answer-✅A car engine
/.A(n) _________ is a collection of parts that link to achieve a common purpose.
Systems are the primary enabler of cross-functional operations. - Answer-✅System
/.Three examples of services: - Answer-✅Teaching, waiting tables, and cutting hair
/.Input: - Answer-✅Bun, patty, lettuce, tomato
/.Process: - Answer-✅Cook the patty, wash and chop the lettuce
/.Output: - Answer-✅A hamburger
/.The two benefits a business would experience if it could produce a hamburger with
less expensive inputs or produce more hamburgers with the same inputs - Answer-
✅Rise in productivity and Increase in profits
/.What provides an end-to-end view of how operations work together to create a product
or service? - Answer-✅Systems thinking
/.Select the accurate statement in terms of MIS - Answer-✅MIS enables business
success and innovation
/.Select the three different names for an MIS department - Answer-✅IS department,
MIS department, and IT department
/.Who is responsible for determining the types of information the enterprise will capture,
retain, analyze, and share? - Answer-✅Chief data officer
/.The person responsible for ensuring the speed, accuracy, availability, and reliability of
the MSI is the Chief _________ Officer. - Answer-✅Technology
/.____________ analytics is the scientific process of transforming data into insight for
making better decisions. - Answer-✅Business
/.Descriptive analytics - Answer-✅Techniques that describes past performance and
history