ISOM Chapter 1 || with Errorless Answers.
Information Age correct answers When infinite quantities of facts are widely available to anyone
who can use a computer
Internet of Things correct answers A world where interconnected, Internet-enable devices can
collect and share data without human intervention
Machine to Machine correct answers Refers to devices that connect directly to other devices
Data correct answers Raw facts that describe the characteristics of an event or object
Information correct answers Data converted into a meaningful and useful context
Variable correct answers A data characteristic that stands for a value that changes or varies over
time
Business Intelligence correct answers Information collected from multiple sources such as
suppliers, customers, competitors, partners, and relationships for strategic decision making.
Predictve analytics correct answers Extracts information from data and uses it to predict future
trends and identifu behavioral patterns
Knowledge correct answers Includes the skills experience, coupled with information and
intelligence, that creat a person's intellectual resources
Knowledge workers correct answers Individuals valued 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
Marketing correct answers Supports sales by planning, pricing, and promoting goods or services
Operations Management correct answers manages the process of converting or transforming
resources into goods or services
System correct answers A collection of parts that link to achieve a common purpose
Goods correct answers Material items or products
Services correct answers Tasks people perform that customers will buy to satisfy want or need
Production correct answers Process by which a business processes raw materials or converts
them into a finished product
Productivity correct answers Rate at which goods and services are produced
Systems thinking correct answers A way of monitoring the entire system by viewing multiple
inputs being processed or transformed to produce outputs while continuously gathering feedback
Feedback correct answers Information that returns to its original transmitter
Information Age correct answers When infinite quantities of facts are widely available to anyone
who can use a computer
Internet of Things correct answers A world where interconnected, Internet-enable devices can
collect and share data without human intervention
Machine to Machine correct answers Refers to devices that connect directly to other devices
Data correct answers Raw facts that describe the characteristics of an event or object
Information correct answers Data converted into a meaningful and useful context
Variable correct answers A data characteristic that stands for a value that changes or varies over
time
Business Intelligence correct answers Information collected from multiple sources such as
suppliers, customers, competitors, partners, and relationships for strategic decision making.
Predictve analytics correct answers Extracts information from data and uses it to predict future
trends and identifu behavioral patterns
Knowledge correct answers Includes the skills experience, coupled with information and
intelligence, that creat a person's intellectual resources
Knowledge workers correct answers Individuals valued 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
Marketing correct answers Supports sales by planning, pricing, and promoting goods or services
Operations Management correct answers manages the process of converting or transforming
resources into goods or services
System correct answers A collection of parts that link to achieve a common purpose
Goods correct answers Material items or products
Services correct answers Tasks people perform that customers will buy to satisfy want or need
Production correct answers Process by which a business processes raw materials or converts
them into a finished product
Productivity correct answers Rate at which goods and services are produced
Systems thinking correct answers A way of monitoring the entire system by viewing multiple
inputs being processed or transformed to produce outputs while continuously gathering feedback
Feedback correct answers Information that returns to its original transmitter
