100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank for M: Information Systems, 7th Edition by Paige Baltzan $29.49   Add to cart

Exam (elaborations)

Test Bank for M: Information Systems, 7th Edition by Paige Baltzan

 67 views  1 purchase
  • Course
  • Management Information Systems
  • Institution
  • Management Information Systems

Test Bank for M: Information Systems, 7th Edition 7e by Paige Baltzan. ISBN-13: 9909 Full Chapters test banks are included - all chapters MODULE ONE: BUSINESS DRIVEN MIS CHAPTER 1: Management Information Systems: Business Driven MIS CHAPTER 2: Decisions + Processes: Value Driven Busi...

[Show more]

Preview 4 out of 754  pages

  • July 31, 2023
  • 754
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
  • Management Information Systems
  • Management Information Systems
avatar-seller
Tutor247
Chap 01 7e Baltzan
1) Companies today are successful when they combine the power of the information age with
traditional business methods.
⊚ true
⊚ false



2) Diagnostic analytics is information collected from multiple sources such as suppliers,
customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making.
⊚ true
⊚ false



3) 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.
⊚ true
⊚ false



4) The information age is a time infinite quantities of facts are widely available to anyone who
can use a computer.
⊚ true
⊚ false



5) Top managers use bits to define the future of the business, analyzing markets, industries and
economies to determine the strategic direction the company must follow to remain
unprofitable.
⊚ true
⊚ false



6) A variable is a business intelligence characteristic that stands for a value that cannot change
over time.
⊚ true
⊚ false




1

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



8) Zappos primary business focus is to sell books and competitive intelligence.
⊚ true
⊚ false



9) Order date, amount sold, and customer number are all forms of data.
⊚ true
⊚ false



10) Choosing not to fire a sales representative who is underperforming while knowing that the
representative is experiencing family problems is a form of knowledge.
⊚ true
⊚ false



11) 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.
⊚ true
⊚ false



12) The Internet of Things (IoT) is a world where interconnected, Internet-enabled devices or
“things” can collect and share data without human intervention.
⊚ true
⊚ false



13) Machine-to-machine (M2M) refers to devices that connect directly to other devices.
⊚ true
⊚ false




2

,14) The Internet of Things (IoT) refers to devices that connect directly to other devices.
⊚ true
⊚ false



15) Predictive analytics extracts information from data and uses it to predict future trends and
identify behavioral patterns.
⊚ true
⊚ false



16) Predictive analytics is a world where interconnected, Internet-enabled devices or “things” can
collect and share data without human intervention.
⊚ true
⊚ false



17) 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.
⊚ true
⊚ false



18) A data analyst collects, queries, and consumers organizational data to uncover patterns and
provide insights for strategic business decision making.
⊚ true
⊚ false



19) Knowledge workers are individuals valued for their ability to mitigate risk and implement
critical human resource and accounting rules and regulations.
⊚ true
⊚ false




3

, 20) Using only data and information to make decisions and solve problems is the key to finding
success in business. These are also the only core drivers of the information age and the
building blocks of business systems.
⊚ true
⊚ false



21) Big data is a collection of large complex datasets, which cannot be analyzed using traditional
database methods and tools.
⊚ true
⊚ false



22) The four common characteristics of big data include variety, veracity, volume, velocity.
⊚ true
⊚ false



23) Variety in big data includes different forms of structured and unstructured data.
⊚ true
⊚ false



24) Veracity in big data includes the uncertainty of data, including biases, noise, and
abnormalities.
⊚ true
⊚ false



25) Volume in big data includes the scale of data.
⊚ true
⊚ false



26) Velocity in big data includes the analysis of streaming data as it travels around the Internet.
⊚ true
⊚ false




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $29.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73314 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$29.49  1x  sold
  • (0)
  Add to cart