Exam 1: Business Driven Technology

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

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Data is useful for understanding individual sales, but to gain deeper insight into a business, data needs to be turned into information. Which of the following offers an example of turning data into information?

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Which of the following represents the definition of a variable?

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The business decisions made by the accounting department include transactional data, purchasing data, payroll data, and tax data.

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

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

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What is the science of fact-based decision making?

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

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What type of report can include updating daily stock market prices or the calculation of available inventory?

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Today's workers are referred to as ________ and they use BI along with personal experience to make decisions based on both information and intuition, a valuable resource for any company.

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

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

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Analytics, also called intellectual capital, are the human, structural, and recorded resources available to the organization.

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Which of the following provides an example of information?

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

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Which of the following represents the types of data commonly found in the operations management department?

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What extracts information from data and uses it to predict future trends and identify behavioral patterns?

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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 knowledge that Richard would be using to successfully perform his job?

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What type of structured data includes input data, click-stream data, or gaming data?

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In terms of system thinking, what is data entered in a computer?

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