Exam 1: Information Systems: an Overview

Truzan Creations, one of the leading names in the handicraft industry, recently launched a new artifact in the market. The company uses a database to store information on the number of products manufactured, the weekly sales, the list of suppliers, and the profits achieved. The process component of the information system is used to conduct analysis on the data to generate information about sales. Which of the following can be used by Truzan Creations to generate predictions for its next sales period?

For the past 60 years,__________have been applied to structured tasks such as record keeping, simple clerical operations, and inventory control.

Which of the following decisions is supported by a logistics information system (LIS)?

In the context of the data component of an information system, external data sources include _____.

In the context of the major components of an information system, which of the following is a difference between information and data?

In the context of Porter's Five Forces Model, an organization limits buyers' choices by:

The threat of new entrants into the marketplace is high when duplicating a company's product or service is difficult.

Which of the following is essential for information to be useful?

Decisions related to scheduling and assigning employees can be supported by a _____.

_____ refers to computing devices everywhere with different sizes and power and accessed through multiple formats such as voice, touch, and gesture.

The _____ component of an information system consists of raw facts and by itself is difficult to use for making decisions.

A(n)__________, the heart of an information system, is a collection of all relevant facts organized in a series of integrated files.

The four Ms of resources in information systems are _____.

Which of the following statements is true of the data component of an information system?

The data component of an information system is:

When solving problems, the users of an information system must avoid using informal information-such as rumors, unconfirmed reports, and stories.

Which of the following statements is true of an intranet?

A__________is designed to reduce the cost of transporting materials while maintaining safe and reliable delivery.

_____ provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace.

Users need to be able to make use of__________, such as rumors, unconfirmed reports, and stories, when solving problems.