Question 1

The accounting and finance departments primarily use monetary data.

Accepted Answer

The accounting and finance departments primarily use monetary data.

Question 2

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 3

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 4

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 5

Companies update business strategies continuously as internal and external environments change.

Accepted Answer

Companies update business strategies continuously as internal and external environments change.

Question 6

The marketing department supports sales by planning,pricing,and promoting goods or services.

Accepted Answer

The marketing department supports sales by planning,pricing,and promoting goods or services.

Question 7

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 and profitable not unprofitable.

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

For an organization to succeed,every department or functional area must work independently to be most effective.

Accepted Answer

For an organization to succeed,every department or functional area must work together or interdependently sharing common information and not be a "silo".

Question 10

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 11

The finance department performs the function of selling goods or services.

Accepted Answer

The sales department performs the function of selling goods or services.

Question 12

Using data and information to make decisions and solve problems is the key to finding success in business.These are also the core drivers of the information age and the building blocks of business systems.

Accepted Answer

Using data,information,business intelligence,and knowledge to make decisions and solve problems is the key to finding success in business.These are also the core drivers of the information age and the building blocks of business systems.

Question 13

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

Accepted Answer

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

Question 14

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.

Question 15

The sales and marketing departments primarily use production data.

Accepted Answer

The sales and marketing departments primarily use transactional data.

Question 16

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 17

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 18

The operations management department manages the process of converting or transforming resources into goods or services.

Accepted Answer

The operations management department manages the process of converting or transforming resources into goods or services.

Question 19

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 20

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 not competitive intelligence.

Quiz 1: Management Information Systems: Business Driven MIS

The accounting and finance departments primarily use monetary data.

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

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

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

Companies update business strategies continuously as internal and external environments change.

The marketing department supports sales by planning,pricing,and promoting goods or services.

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.

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.

For an organization to succeed,every department or functional area must work independently to be most effective.

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

The finance department performs the function of selling goods or services.

Using data and information to make decisions and solve problems is the key to finding success in business.These are also the core drivers of the information age and the building blocks of business systems.

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

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

The sales and marketing departments primarily use production data.

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

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

The operations management department manages the process of converting or transforming resources into goods or services.

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

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.