Exam 17: Managing Information

In the context of protecting information, _____ is defined as the process of granting verified users approved access to data, software, and systems.

Dextron Customs, a custom automobile shop, received an order for a customized motorcycle. The client specified that it needed a motorcycle with an 800 cc engine that delivered at least 70 PS power. Since the client did not provide details about the number of cylinders required in the engine, Dextron Customs chose to include a two-cylinder engine. Although the motorcycle was made as per the specifications provided by the client, the client was not satisfied because it featured a two-cylinder engine instead of a four-cylinder engine. In this scenario, the most likely reason for the client's dissatisfaction with the product is that the:

Data and information are the same as knowledge.

A _____ stores huge amounts of data that have been prepared for data mining analysis by being cleaned of errors and redundancy.

Cosmo Techno, a new technology firm, invested $50,000 to obtain high-speed Internet services for fast and efficient transmission of information across its branches. In this scenario, the investment cost incurred by Cosmo Techno is an example of _____.

By analyzing ticket sales, the managers of a soccer stadium discovered that sales increased by almost 80 percent in the seasons it held an open house prior to the opening game and allowed people to view the game from the box seats. In the context of data mining, the management discovered a(n) _____.

Skoot, an e-commerce startup company, recently paid $300,000 to Widget Corp., a company that provides Internet services and products including cloud computing and online searches, to gain access to the data regarding online product searches. In the context of the costs of useful information, it can be concluded that Skoot incurred _____.

Charlie's Haven, a retail store, conducted a survey on how long a customer waits in a billing queue. Based on the results of the survey, the company decided to add more number of employees in the billing counters. While checking out of its store, Charlie's Haven asked all its customers to fill a form stating the time they spent standing in the queue. All customers reported that they waited for two, five, or ten minutes. About 90 percent of the customers reported that they waited for ten minutes. Based on the results, Charlie's Haven added five cash counters to its existing 20 cash counters. After a month, the management realized that the store had more cash counters and employees than required. Which of the following is most likely the reason for the loss incurred due to overemployment in the store?

Estelle Inc., a manufacturer of stationery products, decides to supply free stationery box sets to all the school children in the town of Belwick. The company asks the local authorities to provide information about the total number of school children in the town. However, during the delivery of the boxes, Estelle Inc. realizes that it is short of approximately 100 boxes. If Estelle Inc. manufactured the exact number of boxes based on the information given by the local authorities, it can be concluded that the information was _____.

Which of the following is a difference between manual capture of information and electronic capture of information?

Richard wants to share his hand-written class notes with Nick via email. In this scenario, which of the following can help Richard convert the notes into digital images so that he can share them via email?

Prodeff, an online project management software, is available at a price of $1 per use. The software requires the user to enter the initiation date, the number of resources, the time allotted to each resource, the cost per resource, and the number of tasks in the project. Based on the input provided by the user, the software determines the duration of the task and the total cost of the project. In this scenario, the cost incurred by users while using Prodeff is the _____.

The two basic requirements for a good electronic scanner are:

Cameron Mart conducted a survey to determine the number of shopping baskets required for its supermarket to function in a smooth manner. The survey required customers to provide data regarding their most frequently purchased items, the quality of service provided by the supermarket's staff, and the ambience of the supermarket. However, Cameron Mart failed to determine the number of shopping baskets required on a daily basis. This is because the information provided in the survey was _____.

Intranets allow companies to exchange information and conduct transactions with outsiders by providing them direct, web-based access to authorized parts of a company's information system.

JED Corp., an e-commerce company, has created a network that supports its supply chain management system. The network provides the company's suppliers with secure access to critical trading partner information and facilitates trading partner automation. In this scenario, the network created by JED Corp. is an example of a(n) _____.

Which of the following is a similarity between electronic data interchange (EDI) and web services?

The key to sustaining a competitive advantage is using faster computers, more memory, and larger hard drives.

Zuze, an information technology firm, recently developed a data compression system. By virtue of this system, the company can compress and store more data in its cloud than any of its competitors, without affecting the quality of the data. Although the data compression system can be acquired by other companies in the future, it has presently enabled Zuze to compress and store its data in a more economical manner than its competitors. It is evident that Zuze has achieved _____.

Which of the following statements is true of radio frequency identification (RFID) tags?