Itm exam - Study guides, Class notes & Summaries
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ITM Midterm Exam Questions & Answers 2024/2025
- Exam (elaborations) • 26 pages • 2024
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ITM Midterm Exam Questions & Answers 2024/2025 
 
 
(1) A list of items, like activities and transactions that have been organized so that they have meaning and value is: 
Select one: 
a. information 
b. knowledge 
c. data 
d. records - ANSWERSa. information 
 
(1) A list of things or transactions that has been organized to have meaning and value and is then combined with a user?s experience and accumulated learning is: 
Select one: 
a. information 
b. knowledge 
c. data 
d. records - ANSWERSb....
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ITM Exam 2 Questions & Answers 2024/2025
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ITM Exam 2 Questions & Answers 2024/2025 
 
 
What is control? - ANSWERSMonitoring performance, comparing it with goals, fixing as needed. 
 
Control is the ____ management function - ANSWERSFourth 
 
What is the purpose of control? - ANSWERSMaking sure performance meets objectives 
 
Why is control needed? - ANSWERSIt helps an organization adapt, discover, reduce costs, increase productivity, or add value, detect opportunities, feedback, decentralize decision-making, and facilitate teamwork. 
 ...
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ITM EXAM 1 QUESTIONS & ANSWERS 2024/2025
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ITM EXAM 1 QUESTIONS & ANSWERS 2024/2025 
 
 
What is MIS? - ANSWERSthe management and use of processes, information systems, and information to help organizations achieve their strategies 
 
Determining Industry Structure and Competitive Strategy - ANSWERSIndustry structure: 
defining characteristics of an industry 
determining potential for profitability in an industry 
determining sustainability. 
 
A. Existing competitive rivalry- - ANSWERShow intense is the competition? How many existing ...
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ITM 207 – Computer-Enabled Problem Solving MIDTERM EXAM study guide solution new update
- Exam (elaborations) • 10 pages • 2024
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ITM 207 – Computer-Enabled Problem Solving MIDTERM EXAM study guide solution new update
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ITM 102 MIDTERM EXAM LATEST 2024/2025 WITH COMPLITE QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+
- Exam (elaborations) • 17 pages • 2024
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ITM 102 MIDTERM EXAM 
LATEST 2024/2025 WITH 
COMPLITE QUESTIONS AND 
CORRECT DETAILED ANSWERS 
GRADED A+ITM 102 MIDTERM EXAM 
LATEST 2024/2025 WITH 
COMPLITE QUESTIONS AND 
CORRECT DETAILED ANSWERS 
GRADED A+ITM 102 MIDTERM EXAM 
LATEST 2024/2025 WITH 
COMPLITE QUESTIONS AND 
CORRECT DETAILED ANSWERS 
GRADED A+
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ITM Exam 1 Questions & Answers 2024/2025
- Exam (elaborations) • 8 pages • 2024
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ITM Exam 1 Questions & Answers 2024/2025 
 
 
Fact - ANSWERSthe conformation or validation of an event or object 
 
Information - ANSWERSData converted into a meaningful and useful context; Best/worst selling product, best/worst costumer 
 
Data - ANSWERSRaw facts describe the characteristics of an event or object; order date, amount sold, quantity ordered 
 
Business Intelligence - ANSWERSInfo collected from multiple sources that analyze patterns, trends, and relationships, for strategic decisi...
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ITM Exam 1 Questions & Answers 2024/2025
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ITM Exam 1 Questions & Answers 2024/2025 
 
 
Pressing Shift+F3 opens the Insert Function dialog box. - ANSWERSTrue 
 
The PMT function assumes the borrower makes regular payments and the loan has a constant interest rate. - ANSWERSTrue 
 
Which of the following is not a basic rule for naming a cell range? - ANSWERSBegin a range name with a number. 
 
An IF function can test if monthly revenue is above or below average and display "Yes" or "No" in the cell. - ANSWERSTrue 
 
Which of the foll...
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ITM exam 1 questions & answers 2023/2024
- Exam (elaborations) • 5 pages • 2024
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ITM exam 1 questions & answers 2023/2024 
 
 
spreadsheet - ANSWERSelectronic file that contains grid of columns and rows used to organize related data and to display calculations, enabling interpretation of quantitative data for decision making. 
 
value - ANSWERSNumbers that represent a quantity or a measurable amount. 
 
formula - ANSWERScombine cell references, arithmetic operations, values, and/or functions used in a calculation. 
 
order of precedence - ANSWERSrule that controls the sequen...
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ITM 207 Computer-Enabled Problem Solving final exam study ahead questions and answers
- Exam (elaborations) • 22 pages • 2024
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ITM 207 Computer-Enabled Problem Solving final exam study ahead questions and answers
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itm exam questions & answers 2024/2025
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itm exam questions & answers 2024/2025 
 
 
An organized set of activities designed to produce a result. 
 In business process the result is a product or service. 
 We describe a process by creating a model of the system. - ANSWERSwhat is process 
 
Creating a model to represent the process of the system communicates the same description to everyone. 
 The purpose of the model is to capture all of the activities taking place in the system. - ANSWERSwhat is the purpose of creating a model 
 
Busi...
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