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What type of report changes automatically during creation?


A) Static report
B) Dynamic report
C) Variable report
D) Structured report

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

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What is the confirmation or validation of an event or object?


A) Fact
B) Data
C) Information technology
D) Business Intelligence

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

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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 B)
F) A) and C)

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If you were thinking about a washing machine as a system, which of the following represents the process?


A) The dirty clothes, water, and detergent.
B) The clean clothes.
C) The wash and rinse cycle.
D) The light indicating that the washer is off balance and has stopped.

E) None of the above
F) All of the above

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Which four elements are included in systems thinking?


A) Output, process, feedback, and accounting.
B) Process, output, operations, and accounting.
C) Input, process, output, and feedback.
D) Input, output, sales, and feedback.

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

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Which activities belong in the finance 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) C) and D)
F) B) and D)

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A big part of business intelligence, ___________ extracts information from data and uses it to predict future trends and identify behavioral patterns.


A) Behavioral analytics
B) Predictive analytics
C) Knowledge workers
D) Snapshot

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

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Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable.

A) True
B) False

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The business decisions made by the finance department include promotion data, sales data, and advertising data.

A) True
B) False

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The operations management department manages the process of converting or transforming resources into goods or services.

A) True
B) False

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What is information?


A) Raw facts that describe the characteristics of an event or object.
B) Data converted into a meaningful and useful context.
C) Data collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making.
D) Skills, experience, and expertise, coupled with information and intelligence that create a person's intellectual resources.

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

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The business decisions made by the human resources department include employee data, promotion data, and vacation data.

A) True
B) False

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Cars, groceries, and clothing belong in which category?


A) Goods
B) Services
C) Production
D) Productivity

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

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


A) Internet of things
B) Predictive analytics
C) Machine to machine
D) Flat world

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

Correct Answer

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Which of the following statements is true?


A) MIS equals business success.
B) MIS equals business innovation.
C) MIS represents business success and innovation.
D) MIS enables business success and innovation.

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

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


A) Information
B) Business Intelligence
C) Knowledge
D) Variables

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

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What is a view of data at a particular moment in time?


A) Knowledge
B) Big data
C) Snapshot
D) Unstructured data

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

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Assume you are in the business of producing and selling cars.If you could produce more cars with the same input, what would happen to your productivity and profits assuming the price of your cars remains the same?


A) Increase in productivity, decrease in profits.
B) Increase in productivity, increase in profits.
C) Decrease in productivity, decrease in profits.
D) Decrease in productivity, increase in profits.

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

Correct Answer

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


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) A) and B)
F) A) and C)

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What is the name of a company's internal computer department?


A) Management information systems (MIS)
B) Information systems (IS)
C) Information technology (IT)
D) All of these

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

Correct Answer

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