Question 1

What are the three primary areas of analytics?

Accepted Answer

A)  Descriptive analytics, predictive analytics, and prescriptive analytics. 
B)  Descriptive analytics, primary analytics, response analytics. 
C)  Descriptive analytics, future analytics, past analytics. 
D)  Technique analytics, future analytics, past analytics. 
A)  Descriptive analytics, predictive analytics, and prescriptive analytics. 
B)  Descriptive analytics, primary analytics, response analytics. 
C)  Descriptive analytics, future analytics, past analytics. 
D)  Technique analytics, future analytics, past analytics.

Question 2

What is the scientific process of transforming data into insight for making better decisions?

Accepted Answer

A)  Business analytics. 
B)  Descriptive analytics. 
C)  Prescriptive analytics. 
D)  Predictive analytics. 
A)  Business analytics. 
B)  Descriptive analytics. 
C)  Prescriptive analytics. 
D)  Predictive analytics.

Question 3

Descriptive analytics is the scientific process of transforming data into insight for making better decisions.

Accepted Answer

A) True 
 B)False

Question 4

Richard Dowdall is the operations manager for Dowdall Meats, which specializes in providing deli meats and prepared foods for its local customers. Richard 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 Richard would be using to successfully perform his job?

Accepted Answer

A)  Rebecca Wilson is customer number 15467. 
B)  Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C)  Best-selling product by day. 
D)  Best-selling product changes when Tony the best baker is working. 
A)  Rebecca Wilson is customer number 15467. 
B)  Compare the costs of supplies including energy over the last five years to determine the best-selling product by month. 
C)  Best-selling product by day. 
D)  Best-selling product changes when Tony the best baker is working.

Question 5

What is productivity?

Accepted Answer

A)  Material items or products that customers will buy to satisfy a want or need. 
B)  Tasks performed by people that customers 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 customers will buy to satisfy a want or need. 
B)  Tasks performed by people that customers 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 6

A dynamic report can include updating daily stock market prices or the calculation of available inventory.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following represents the core drivers of the information age?

Accepted Answer

A)  data, information, business intelligence, knowledge. 
B)  fact, data, intelligence, experience. 
C)  fact, intelligence, business skills, knowledge. 
D)  data, intelligence, business information, knowledge. 
A)  data, information, business intelligence, knowledge. 
B)  fact, data, intelligence, experience. 
C)  fact, intelligence, business skills, knowledge. 
D)  data, intelligence, business information, knowledge.

Question 8

What refers to devices that connect directly to other devices?

Accepted Answer

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

Question 9

Business analytics use techniques that describe past performance and history.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?

Accepted Answer

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

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

A static report can include updating daily stock market prices or the calculation of available inventory.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

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. 
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.

Question 15

Which data types are typically found in the sales department?

Accepted Answer

A)  Sales report data, potential customer data, commission data, and customer support 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)  Sales report data, potential customer data, commission data, and customer support 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 16

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

Accepted Answer

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

Question 17

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

Accepted Answer

A)  Information 
B)  Business Intelligence 
C)  Competitive Intelligence 
D)  Data 
A)  Information 
B)  Business Intelligence 
C)  Competitive Intelligence 
D)  Data

Question 18

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

Accepted Answer

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. 
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.

Question 19

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

Accepted Answer

A)  The uncooked ingredients. 
B)  The cooked food. 
C)  A light and timer indicating that the slow cooker is on "low." 
D)  The slow cooker running on "low" for 6 hours. 
A)  The uncooked ingredients. 
B)  The cooked food. 
C)  A light and timer indicating that the slow cooker is on "low." 
D)  The slow cooker running on "low" for 6 hours.

Question 20

Which of the following is considered a good?

Accepted Answer

A)  Milk and eggs 
B)  Managing a team 
C)  Selling groceries 
D)  All of these 
A)  Milk and eggs 
B)  Managing a team 
C)  Selling groceries 
D)  All of these

Exam 1: Business Driven Technology

What are the three primary areas of analytics?

What is the scientific process of transforming data into insight for making better decisions?

Descriptive analytics is the scientific process of transforming data into insight for making better decisions.

What is productivity?

A dynamic report can include updating daily stock market prices or the calculation of available inventory.

Which of the following represents the core drivers of the information age?

What refers to devices that connect directly to other devices?

Business analytics use techniques that describe past performance and history.

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

What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?

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

A static report can include updating daily stock market prices or the calculation of available inventory.

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

Which data types are typically found in the sales department?

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

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

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

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

Which of the following is considered a good?

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 Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

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 Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

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