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The accounting and finance departments primarily use monetary data.

A) True
B) False

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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.

A) True
B) False

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Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

A) True
B) False

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If you were thinking about a dishwasher as a system which of the following represents the outputs?


A) The dirty dishes, water, and detergent.
B) The clean dishes.
C) The washing and rinsing.
D) The light indicating that the dishwasher is done.

E) C) and D)
F) All of the above

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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?


A) Supplier's intelligence
B) Social intelligence
C) Employee intelligence
D) Business intelligence

E) A) and B)
F) C) and D)

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If you were thinking about an oven as a system which of the following represents the process?


A) The uncooked food.
B) The cooked food.
C) A light indicating that the oven has reached the preheated temperature.
D) The oven running at 350 degrees for 20 minutes.

E) All of the above
F) C) and D)

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Predictive analytics is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

A) True
B) False

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Why do students need to study information technology?


A) Information technology is everywhere in business.
B) Information technology is frequently discussed in business.
C) Information technology is frequently used in organizations.
D) All of these.

E) A) and D)
F) C) and D)

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Which of the following is considered a good?


A) Cars
B) Teaching
C) Waiting tables
D) All of these

E) A) and C)
F) None of the above

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Prescriptive analytics use techniques that extract information from data and use it to predict future trends and identify behavioral patterns.

A) True
B) False

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Cooking a patty and putting the ingredients together are included in which category of making a hamburger?


A) Input
B) Process
C) Output
D) All of these

E) A) and D)
F) A) and C)

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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?


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

E) B) and C)
F) A) and D)

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The sales department needs to rely on information from operations to understand ________.


A) Inventory
B) Customer orders
C) Demand forecasts
D) All of these

E) A) and D)
F) C) and D)

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Which of the following provides an example of data?


A) Who are my best customers?
B) What is my best-selling product?
C) What is my slowest-selling product?
D) Who is customer number 12345XX?

E) None of the above
F) A) and B)

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

A) True
B) False

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

A) True
B) False

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What are business analytics?


A) The scientific process of transforming data into insight for making better decisions.
B) Techniques that describe past performance and history.
C) Techniques that extract information from data and use it to predict future trends and identify behavioral patterns.
D) Techniques that create models indicating the best decision to make or course of action to take.

E) A) and B)
F) All of the above

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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?


A) MIS equals business success and innovation.
B) MIS represents business success and innovation.
C) MIS is not a valuable tool that leverages talent.
D) MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.

E) A) and B)
F) B) and D)

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Which of the following represents the types of data commonly found in the human resource department?


A) Financial data
B) Technology data
C) Production data
D) Employee data

E) A) and B)
F) None of the above

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Which activities belong in the marketing department?


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.

E) A) and C)
F) None of the above

Correct Answer

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