Exam 1: Business Driven Technology

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

(True/False)
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Successful companies today operate cross-functionally, integrating the operations of all departments.

(True/False)
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What is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making?

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MIS is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

(True/False)
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What is knowledge?

(Multiple Choice)
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If you were thinking about an oven as a system, which of the following represents the process?

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Why do students need to study information technology?

(Multiple Choice)
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Cheryl Steffan is the operations manager for Nature's Bread Company, which specializes in providing natural products for health-conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of the type of information Cheryl would be using to successfully perform her job?

(Multiple Choice)
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Business intelligence is information collected from multiple sources.Which of the following provides an example of a source that would be included in business intelligence?

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Which department manages the process of converting or transforming resources into goods or services?

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Teaching, waiting tables, and cutting hair belong in which category?

(Multiple Choice)
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Which of the following is considered a good?

(Multiple Choice)
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Cheryl Steffan is the operations manager for Nature's Bread Company, which specializes in providing natural products for health-conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of a piece of data Cheryl would be using to successfully perform her job?

(Multiple Choice)
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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)
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A system is a collection of parts that link to achieve a common purpose.Systems thinking is a way of monitoring ________________.

(Multiple Choice)
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What is a snapshot?

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The business decisions made by the marketing department include transactional data, purchasing data, payroll data, and tax data.

(True/False)
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MIS can be an important enabler of business success and innovation.Which of the below statements is accurate when referring to MIS?

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

(True/False)
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