Question 1

Companies today are successful when they combine the power of the information age with traditional business methods.

Accepted Answer

Companies today are successful when they combine the power of the information age with traditional business methods.

Question 2

Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable. Tony will set the strategic direction for his firm, which might include introducing new flavors of potato chips or sports drinks as new product lines or schools and hospitals as new market segments.

Accepted Answer

Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable. Tony will set the strategic direction for his firm, which might include introducing new flavors of potato chips or sports drinks as new product lines or schools and hospitals as new market segments.

Question 3

The Internet of Things (IoT)is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Accepted Answer

The Internet of Things (IoT)is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Question 4

Knowledge workers are individuals valued for their ability to mitigate risk and implement critical human resource rules and regulations.

Accepted Answer

Knowledge workers are individuals valued for their ability to interpret and analyze information.

Question 5

Predictive analytics is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Accepted Answer

The Internet of Things (IoT)is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Question 6

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

Question 7

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Accepted Answer

This is the definition of business intelligence which is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Question 8

Information is data converted into a meaningful and useful context. 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.

Accepted Answer

Information is data converted into a meaningful and useful context. The truth about information is that its value is only as good as the people who use it.

Question 9

The Internet of Things (IoT)refers to devices that connect directly to other devices.

Accepted Answer

The Internet of Things (IoT)is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Question 10

Top managers use social intelligence to define the future of the business, analyzing markets, industries and economies to determine the strategic direction the company must follow to remain unprofitable.

Accepted Answer

Top managers use business intelligence, not social intelligence, to remain profitable not unprofitable.

Question 11

A variable is a business intelligence characteristic that stands for a value that cannot change over time.

Accepted Answer

A variable is a data characteristic that can change over time.

Question 12

Machine to machine (M2M)refers to devices that connect directly to other devices.

Accepted Answer

Machine to machine (M2M)refers to devices that connect directly to other devices.

Question 13

Business intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Accepted Answer

This is the definition of business intelligence.

Question 14

The information age is the present time, during which infinite quantities of facts are widely available to anyone who can use a computer.

Accepted Answer

The information age is the present time, during which infinite quantities of facts are widely available to anyone who can use a computer.

Question 15

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

Accepted Answer

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

Question 16

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Accepted Answer

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Question 17

Order date, amount sold, and customer number are all forms of data.

Accepted Answer

Order date, amount sold, and customer number are all forms of data.

Question 18

Machine to machine (M2M)extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

Question 19

Technology provides countless business opportunities, but can also lead to pitfalls and traps for a business.

Accepted Answer

Technology provides countless business opportunities, but can also lead to pitfalls and traps for a business.

Question 20

Zappos is not a technology company; its primary business focus is to sell books.

Accepted Answer

Zappos is not a technology company; its primary business focus is to sell shoes, bags, clothing, and accessories.

Quiz 1: Management Information Systems: Business Driven MIS

Companies today are successful when they combine the power of the information age with traditional business methods.

The Internet of Things (IoT)is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Knowledge workers are individuals valued for their ability to mitigate risk and implement critical human resource rules and regulations.

Predictive analytics is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

Information is data converted into a meaningful and useful context. 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.

The Internet of Things (IoT)refers to devices that connect directly to other devices.

Top managers use social intelligence to define the future of the business, analyzing markets, industries and economies to determine the strategic direction the company must follow to remain unprofitable.

A variable is a business intelligence characteristic that stands for a value that cannot change over time.

Machine to machine (M2M)refers to devices that connect directly to other devices.

Business intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

The information age is the present time, during which infinite quantities of facts are widely available to anyone who can use a computer.

Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems is a form of knowledge.

A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

Order date, amount sold, and customer number are all forms of data.

Machine to machine (M2M)extracts information from data and uses it to predict future trends and identify behavioral patterns.

Technology provides countless business opportunities, but can also lead to pitfalls and traps for a business.

Zappos is not a technology company; its primary business focus is to sell books.