Question 1

Who generally has the responsibility for all aspects of data, from collection to storage, usage, and disposal?

Accepted Answer

A)  CAO 
B)  CIO 
C)  CDO 
D)  CEO 
E)  CTO 
A)  CAO 
B)  CIO 
C)  CDO 
D)  CEO 
E)  CTO C

Question 2

The CEO-level sponsorship of and passion for analytics enabled firms like Caesars and Capital One to achieve the success they did.

Accepted Answer

A) True 
 B)False  True

Question 3

Capital One found ________ in combination with business analytics to be a very low-cost way to design and develop new products and services for customers.

Accepted Answer

A)  Socialization 
B)  Experimentation 
C)  Absorption 
D)  Externalization 
E)  Globalization 
A)  Socialization 
B)  Experimentation 
C)  Absorption 
D)  Externalization 
E)  Globalization B

Question 4

Researchers at the University of Arizona are able to predict asthma-related emergency room visits with ______ percent accuracy.

Accepted Answer

The answer of Researchers at the University of Arizona are...

Question 5

List some examples of what a company should do if it seeks to gain a competitive advantage from analytics.

Accepted Answer

1. Invest in advanced analytics tools an

Question 6

Which of the following is the way personalization of real-time data streams is accomplished?

Accepted Answer

A)  Geolocation 
B)  Cookies 
C)  Algorithms 
D)  Online conversations 
E)  All of the above 
A)  Geolocation 
B)  Cookies 
C)  Algorithms 
D)  Online conversations 
E)  All of the above

Question 7

Business analytics tools are used with data in the _____________ to gain insight and support decision making.

Accepted Answer

The answer of Business analytics tools are used with data...

Question 8

Identify some of the sources of big data.

Accepted Answer

Big data refers to the vast volumes of d

Question 9

All of the following are examples of socialization EXCEPT for:

Accepted Answer

A)  Sharing war stories 
B)  Apprenticeships 
C)  Conferences 
D)  Non-structured activities, like an office party or lunch discussion 
E)  Project management 
A)  Sharing war stories 
B)  Apprenticeships 
C)  Conferences 
D)  Non-structured activities, like an office party or lunch discussion 
E)  Project management

Question 10

In which of the following technologies can tacit knowledge be stored?

Accepted Answer

A)  Artificial Intelligence (AI) 
B)  Personal computers 
C)  Data warehouses 
D)  Real-time data sources 
E)  All of the above 
A)  Artificial Intelligence (AI) 
B)  Personal computers 
C)  Data warehouses 
D)  Real-time data sources 
E)  All of the above

Question 11

Unlike other baseball teams at the time, the Oakland A's used which of the following to manage the team and carry themselves to the playoffs?

Accepted Answer

A)  Players with lots of determination 
B)  Young players with the willingness to play 
C)  Factual data 
D)  High player salaries 
E)  High batting averages 
A)  Players with lots of determination 
B)  Young players with the willingness to play 
C)  Factual data 
D)  High player salaries 
E)  High batting averages

Question 12

A company that is using statistical analysis tools to report on why something happened has achieved a higher level of analytical maturity than a company that's using tools to predict what will happen next.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following allows individuals to own their creativity and innovation in a way similar to owning physical property?

Accepted Answer

A)  Intellectual property 
B)  Open source license agreement 
C)  Economies of scale 
D)  Intellectual capital 
E)  Patents 
A)  Intellectual property 
B)  Open source license agreement 
C)  Economies of scale 
D)  Intellectual capital 
E)  Patents

Question 14

Determine if the following is data, information or knowledge.
 $$\begin{array} { | l | l | } 
\hline \text { Data } & \begin{array} { l } 
\text { This is the third visit by a customer this } \
\text { month. }
\end{array} \
\hline \text { Infornation } & \begin{array} { l } 
\text { A customer spends on average } \
\text { \$100/visit but today has only spent \$20. }
\end{array} \
\hline \text { Krowledge } & \begin{array} { l } 
\text { A customer will stay longer in the store } \
\text { and spend more if given a free sarnple } \
\text { of something. }
\end{array} \
\hline
\end{array}$$

Accepted Answer

The table provided contains examples of

Question 15

By utilizing business analytics, a company can learn which one of the following?

Accepted Answer

A)  Which products are moving slowly versus which products are moving quickly 
B)  Which products have been sold in the past 3 months 
C)  Who is likely to buy the product in a given period of time 
D)  Where each product sits (warehouse, store or factory location) 
E)  The suppliers who contributed to the manufacturing of the product 
A)  Which products are moving slowly versus which products are moving quickly 
B)  Which products have been sold in the past 3 months 
C)  Who is likely to buy the product in a given period of time 
D)  Where each product sits (warehouse, store or factory location) 
E)  The suppliers who contributed to the manufacturing of the product

Question 16

Tacit knowledge is easy to formalize.

Accepted Answer

A) True 
 B)False

Question 17

Knowledge management is the process that generates, captures, codifies, and __________ knowledge across an organization in order to achieve a competitive advantage.

Accepted Answer

A)  Analyzes 
B)  Transfers 
C)  Applies 
D)  Limits 
E)  Saves 
A)  Analyzes 
B)  Transfers 
C)  Applies 
D)  Limits 
E)  Saves

Question 18

Match the level of analytical capability to its maturity level. Level 1 is the lowest level of maturity and Level 5 is the highest level of maturity.
 $$\begin{array} { | l | l | } 
\hline \text { Leve! 1 } & \text { Reporting } \
\hline \text { Leve! 2 } & \text { Analyzing } \
\hline \text { Leve! 3 } & \text { Descriptive } \
\hline \text { Leve! 4 } & \text { Predictive } \
\hline \text { Leve! 5 } & \text { Prescriptive } \
\hline
\end{array}$$

Accepted Answer

The levels of analytical capability matc

Question 19

Which of the following is used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis.

Accepted Answer

A)  Data warehouse 
B)  Database 
C)  Big data 
D)  Data analytics 
E)  Business intelligence 
A)  Data warehouse 
B)  Database 
C)  Big data 
D)  Data analytics 
E)  Business intelligence

Question 20

Which of the following is the process of analyzing data warehouses for "gems."

Accepted Answer

A)  Data combing 
B)  Data translation 
C)  Data mining 
D)  Data searching 
E)  Data manipulation 
A)  Data combing 
B)  Data translation 
C)  Data mining 
D)  Data searching 
E)  Data manipulation

Who generally has the responsibility for all aspects of data, from collection to storage, usage, and disposal?

The CEO-level sponsorship of and passion for analytics enabled firms like Caesars and Capital One to achieve the success they did.

Capital One found ________ in combination with business analytics to be a very low-cost way to design and develop new products and services for customers.

Researchers at the University of Arizona are able to predict asthma-related emergency room visits with ______ percent accuracy.

List some examples of what a company should do if it seeks to gain a competitive advantage from analytics.

Which of the following is the way personalization of real-time data streams is accomplished?

Business analytics tools are used with data in the _____________ to gain insight and support decision making.

Identify some of the sources of big data.

All of the following are examples of socialization EXCEPT for:

In which of the following technologies can tacit knowledge be stored?

Unlike other baseball teams at the time, the Oakland A's used which of the following to manage the team and carry themselves to the playoffs?

A company that is using statistical analysis tools to report on why something happened has achieved a higher level of analytical maturity than a company that's using tools to predict what will happen next.

Which of the following allows individuals to own their creativity and innovation in a way similar to owning physical property?

By utilizing business analytics, a company can learn which one of the following?

Tacit knowledge is easy to formalize.

Knowledge management is the process that generates, captures, codifies, and __________ knowledge across an organization in order to achieve a competitive advantage.

Match the level of analytical capability to its maturity level. Level 1 is the lowest level of maturity and Level 5 is the highest level of maturity. Leve! 1 Reporting Leve! 2 Analyzing Leve! 3 Descriptive Leve! 4 Predictive Leve! 5 Prescriptive

Which of the following is used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis.

Which of the following is the process of analyzing data warehouses for "gems."

Introduction

The Information Systems Strategy Triangle

Strategic Use of Information Resources

Organizational Strategy and Information Systems

Digital Systems and the Design of Work

Information Systems and Digital Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Managing It Projects

Privacy and Ethical Considerations in Information Management

Filters

Exam 13: Business Intelligence, Knowledge Management, and Analytics

Who generally has the responsibility for all aspects of data, from collection to storage, usage, and disposal?

The CEO-level sponsorship of and passion for analytics enabled firms like Caesars and Capital One to achieve the success they did.

Capital One found ________ in combination with business analytics to be a very low-cost way to design and develop new products and services for customers.

Researchers at the University of Arizona are able to predict asthma-related emergency room visits with ______ percent accuracy.

List some examples of what a company should do if it seeks to gain a competitive advantage from analytics.

Which of the following is the way personalization of real-time data streams is accomplished?

Business analytics tools are used with data in the _____________ to gain insight and support decision making.

Identify some of the sources of big data.

All of the following are examples of socialization EXCEPT for:

In which of the following technologies can tacit knowledge be stored?

Unlike other baseball teams at the time, the Oakland A's used which of the following to manage the team and carry themselves to the playoffs?

A company that is using statistical analysis tools to report on why something happened has achieved a higher level of analytical maturity than a company that's using tools to predict what will happen next.

Which of the following allows individuals to own their creativity and innovation in a way similar to owning physical property?

By utilizing business analytics, a company can learn which one of the following?

Tacit knowledge is easy to formalize.

Knowledge management is the process that generates, captures, codifies, and __________ knowledge across an organization in order to achieve a competitive advantage.

Match the level of analytical capability to its maturity level. Level 1 is the lowest level of maturity and Level 5 is the highest level of maturity. Leve! 1 Reporting Leve! 2 Analyzing Leve! 3 Descriptive Leve! 4 Predictive Leve! 5 Prescriptive

Which of the following is used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis.

Which of the following is the process of analyzing data warehouses for "gems."

Introduction

The Information Systems Strategy Triangle

Strategic Use of Information Resources

Organizational Strategy and Information Systems

Digital Systems and the Design of Work

Information Systems and Digital Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Managing It Projects

Privacy and Ethical Considerations in Information Management

Filters