Question 1

If a business could produce more hamburgers with the same inputs it would see a rise in productivity and possibly an increase in profits.

Accepted Answer

A) True 
 B)False

Question 2

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stand for?

Accepted Answer

A) Management information strategy. 
B) Management intelligence system. 
C) Management information system. 
D) Management information strategist. 
A) Management information strategy. 
B) Management intelligence system. 
C) Management information system. 
D) Management information strategist.

Question 3

Which of the below is the key term that defines the confirmation or validation of an event or object?

Accepted Answer

A) Buyer power 
B) Data 
C) Fact 
D) Entry barrier 
A) Buyer power 
B) Data 
C) Fact 
D) Entry barrier

Question 4

Which data types are typically found in the human resources department?

Accepted Answer

A) Promotion data, sales data, advertising data. 
B) Employee data, promotion data, vacation data. 
C) Investment data, monetary data, reporting data. 
D) Transactional data, purchasing data, payroll data, tax data. 
A) Promotion data, sales data, advertising data. 
B) Employee data, promotion data, vacation data. 
C) Investment data, monetary data, reporting data. 
D) Transactional data, purchasing data, payroll data, tax data.

Question 5

Which activities belong in the accounting department?

Accepted Answer

A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand. 
A) Records, measures, and reports monetary transactions. 
B) Tracks strategic financial issues, including money, banking, credit, investments, and assets. 
C) Supports the sales by planning, pricing, and promoting goods or services. 
D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand.

Question 6

What is the Internet of Things?

Accepted Answer

A) A world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention. 
B) The extraction of information from data used to predict future trends and identify behavioral patterns. 
C) A series of devices that connect directly to other devices. 
D) Opportunities to change the way people purchase books. 
A) A world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention. 
B) The extraction of information from data used to predict future trends and identify behavioral patterns. 
C) A series of devices that connect directly to other devices. 
D) Opportunities to change the way people purchase books.

Question 7

Big data is a view of data at a particular moment in time.

Accepted Answer

A) True 
 B)False

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

A) True 
 B)False

Question 9

Which of the following is considered a core driver of the information age?

Accepted Answer

A) Fact 
B) Goods 
C) Competitive Intelligence 
D) Data 
A) Fact 
B) Goods 
C) Competitive Intelligence 
D) Data

Question 10

The business decisions made by the finance department include investment data, monetary data, and reporting data.

Accepted Answer

A) True 
 B)False

Question 11

Which data types are typically found in the finance department?

Accepted Answer

A) Promotion data, sales data, advertising data. 
B) Employee data, promotion data, vacation data. 
C) Investment data, monetary data, reporting data. 
D) Transactional data, purchasing data, payroll data, tax data. 
A) Promotion data, sales data, advertising data. 
B) Employee data, promotion data, vacation data. 
C) Investment data, monetary data, reporting data. 
D) Transactional data, purchasing data, payroll data, tax data.

Question 12

Which of the following is not a core driver of the information age?

Accepted Answer

A) Information 
B) Knowledge 
C) Internet of Things 
D) Data 
A) Information 
B) Knowledge 
C) Internet of Things 
D) Data

Question 13

A stakeholder is a person or group who has an interest or concern in an organization.Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change.

Accepted Answer

A) True 
 B)False

Question 14

What is a collection of large complex data sets that cannot be analyzed using traditional database methods and tools?

Accepted Answer

A) Knowledge 
B) Big data 
C) Snapshot 
D) Internet of things 
A) Knowledge 
B) Big data 
C) Snapshot 
D) Internet of things

Question 15

The business decisions made by the human resources department include investment data, monetary data, and reporting data.

Accepted Answer

A) True 
 B)False

Question 16

Productivity is the rate at which goods and services are produced based upon total output given total inputs.

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

What is productivity?

Accepted Answer

A) Material items or products that customer's will buy to satisfy a want or need. 
B) Tasks performed by people that customer's will buy to satisfy a want or need. 
C) The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services. 
D) The rate at which goods and services are produced based upon total output given total inputs. 
A) Material items or products that customer's will buy to satisfy a want or need. 
B) Tasks performed by people that customer's will buy to satisfy a want or need. 
C) The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services. 
D) The rate at which goods and services are produced based upon total output given total inputs.

Question 19

The business decisions made by the accounting department include manufacturing data, distribution data, and production data.

Accepted Answer

A) True 
 B)False

Question 20

Machine to machine (M2M) extracts information from data and uses it to predict future trends and identify behavioral patterns.

Accepted Answer

A) True 
 B)False

Exam 1: Business Driven Technology

If a business could produce more hamburgers with the same inputs it would see a rise in productivity and possibly an increase in profits.

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stand for?

Which of the below is the key term that defines the confirmation or validation of an event or object?

Which data types are typically found in the human resources department?

Which activities belong in the accounting department?

What is the Internet of Things?

Big data is a view of data at a particular moment in time.

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.

Which of the following is considered a core driver of the information age?

The business decisions made by the finance department include investment data, monetary data, and reporting data.

Which data types are typically found in the finance department?

Which of the following is not a core driver of the information age?

A stakeholder is a person or group who has an interest or concern in an organization.Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change.

What is a collection of large complex data sets that cannot be analyzed using traditional database methods and tools?

The business decisions made by the human resources department include investment data, monetary data, and reporting data.

Productivity is the rate at which goods and services are produced based upon total output given total inputs.

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

What is productivity?

The business decisions made by the accounting department include manufacturing data, distribution data, and production data.

Machine to machine (M2M) extracts information from data and uses it to predict future trends and identify behavioral patterns.

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Information Databases

Accessing Organizational Information Data Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organization Decision Making

Extending the Organization Supply Chain Management

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

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