Exam 2: Business Processes and Decision Making

What is data and how is it different from information?

Information needs to be just barely sufficient for the purpose for which it is generated.

Software and procedure components are both sets of ________.

Items of value are referred to as

The average compensation for sales agents in a company would be an example of ________.

The review step

In an automated activity, the computer hardware receives its instructions from (the)

The fact that it rained 1.2 inches today is an example of information.

You should always ask yourself, "How can I use my time in school to enhance those skills I already have?"

A business process consists of activities, resources, facilities, and information.

Any item of value can be considered to be a potential resource for a business process.

Which systems are typically used to analyze data and information during the choice step?

Good information is based on ________ and correct data.

Human resources personnel say that ________ is one of the most effective ways of finding a job.

A business process is a network of information, resources, facilities, and

Provide an example of an unstructured decision.

The most common definition of information is that it is derived from data, where data is defined as ________.

Which of the following is a structured decision?

Business processes generate information by combining key data in a specific

Strategic decisions involve long-term actions whose consequences may not be realized for years.