Questions with Verified A+ answers. A blueprint to A+ success.
Terms in this set (400)
fact the confirmation or validation of an event or object
the present time, during which infinite quantities of facts are
information age
widely available to anyone who can use a computer
a world where interconnected, internet-enabled devices or
internet of things
"things" can collect & share data without human intervention
machine to machine (M2M) devices that connect directly to other devices
data raw facts that describe the characteristics of an event or object
data that has a defined length, type, and format and includes
structured data
numbers, dates, or strings such as Customer Address
machine-generated data data created by a machine without human intervention
human-generated data data that humans, in interaction with computers, generate
data that is not defined and does not follow a specified format
unstructured data
and is typically free- form text such as emails, Twitter tweets,
and text messages
a collection of rare, complex data sets, including structured and
big data
unstructured data, which cannot be analyzed using traditional
database methods & tools
snapshot a view of data at a particular moment in time
Data example order date, amount sold, customer number, quantity ordered
information example best-selling product, best customer, worst-selling product, worst
customer
lowest sales per week compared with the economic interest
business intelligence example
rates, best-selling product by month compared to sports season
and city team wins and losses
, choosing not to fire a sales representative who is underperforming
knowledge example 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 data converted into a meaningful and useful context
a document containing data organized in a table, matrix, or
report
graphical format allowing users to easily comprehend and
understand information
static report a report created once based on data that does not change
dynamic report a report that changes automatically during creation
variable a data characteristic that stands for a value that changes or varies over time
information collected from multiple sources such as suppliers, customers,
business intelligence (BI) competitors, partners, and industries that analyze patterns,
trends, and relationship for strategic decision making
analytics the science of fact-based decision making
extracts information from data and uses it to predict future
predictive analytics
trends and identify behavioral patterns
behavior analytics uses data about people's behaviors to understand intent and predict future
actions
skills, experience, and expertise coupled with information and
knowledge
intelligence that creates a person's intellectual resources
knowledge worker individuals values for their ability to interpret and analyze information
accounting records, measures, and reports monetary transactions
deals with strategic financial issues including money, banking,
finance
credit, investments, and assets
maintains policies, plans, and procedures for the effective
human resources
management of employees
marketing supports sales by planning, pricing, and promoting goods or services
manages the process of converting or transforming or resources
operations management
into goods or services
sales performs the function of selling goods or services
system a collection of parts that link to achieve a common purpose
material items or products that customers will buy to satisfy a
goods want or need. clothing, groceries, cell phones, and cards are all
examples of goods that people buy to fulfill their needs
service tasks that customers will buy to satisfy a want or need