Data correct answers Raw Symbols (Unconnected Facts)
Information correct answers Data that has been processed so that it is useful
Knowledge correct answers Information that is applied to a decision or action
Wisdom correct answers The use of knowledge for the greater good
Information Technology correct answers hardware, software, and media used to store, organize,
and retrieve information
Information System correct answers A combination of technology, data, people, and processes
that is directed toward the collection, manipulation, storage, organization, retrieval, and
communication of information
Information Literacy correct answers the ability to efficiently and effectively determine what
information is needed and then access, evaluate, use, and manage that information in an ethical
manner
DIK Hierarchy correct answers Data, Information, Knowledge and wisdom all lead towards
increasing value
DIK Hierarchy Applied to Business correct answers Literacy is the skill of the future. People
who are knowledgeable about finding, evaluating, analyzing, integrating, managing, and
conveying information to others efficiently and effectively are held in high esteem.
Patterns of Information: Connectedness correct answers Information requires connecting data
elements to give them context and meaning
Patterns of Information: Usefulness correct answers Information that is interpreted and applied is
use, leading to knowledge
Business Process correct answers set of coordinated activities that lead to a specific goal or
outcome
Three Ways that Businesses Use Information correct answers communication, process support,
and decision making
Three Information Systems Careers correct answers Business Process Analyst: analyzes the
business processes in order to find ways to improve efficiency/ or effectiveness
CIO: oversees all information and information systems-related activities of an organization
, Database Administrator: Manages systems that store and organize data used in information
systems
Three Information Analysis Careers correct answers Data Analyst: Collects, processes, and
analyzes data using various data management and statistical analysis tools
Data Scientist: Develops and implements systems and processes to gain knowledge and insights
from data
Marketing Analyst: Analyzes Information related to the marketing activities of an organization
Why business professionals need to understand IS correct answers IS are ingrained in daily life.
Effective use of these systems can lead to increased success. Just like a carpenter needs to
understand his tools, managers need to understand IS
System correct answers Set of interacting components working together to form a complex,
integrated whole in order to achieve some goal by taking inputs and processing them to produce
outputs
made of different pieces called components that are interrelated and work together to produce
outputs
Subsystem correct answers a self-contained system within a larger system.
Equifinality correct answers idea that in an open system, there are many different potential paths
to the final outcome
Information Processing Cycle correct answers Input: collection of data and their conversion into
a form that allows processing
Processing: Manipulation and transformation of data
Storage: Holding Place for data so that they can be retrieved at a later time
Output: Transformation of processed data into a form that can be understood by its eventual user
Control: enforcement of correct processing procedures
6 Critical Elements of an Information System correct answers Data: Raw facts, text, numbers,
images and the like that serve as the inputs for producing information
Hardware: Physical Devices such as the processor, storage media, and peripheral devices (Such
as printers and displays)
Software: Set of instructions that govern the operation of an information system