Exam 2: Information Systems and Knowledge Management

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Input data can come from internal sources of the organization,but not from external sources.

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Facts or recorded measures of certain phenomena (things or events)are known as ____.

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Explain what a decision support system (DSS)is and how it helps marketing managers.

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A marketing decision support system (DSS)is a system that helps decision makers confront problems through direct interaction with computerized databases and analytical software programs.the purpose of a DSS is to store data and transform them into organized information that is easily accessible to marketing managers.Doing so saves mangers time so that decisions that might take days or even weeks otherwise can be made in minutes using a DSS.A DSS requires both databases and software.Modern decision support systems greatly facilitate customer relationship management (CRM),which is a system that is part of the DSS that address exchanges between the firm and its customers.

Global information systems allow management to track the whereabouts of delivery personnel.

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Big data is large quantities of data taken from a single source.

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Proprietary marketing research refers to research projects conducted to study specific company problems.

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The purpose of a decision support system is to store data and transform data into information that is easily accessible to marketing managers.

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Which characteristic is LEAST important in evaluating the value of information?

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Which term describes a subset of data and information that actually has some explanatory power to enable effective decisions to be made?

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Melanie is using the Internet to gather information designed to detect changes in her company's external operating environment.What is Melanie performing?

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Numerical,text,voice,and image data that enter a decision support system are known as ____________________.

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Information that is accurate,valid,and reliable is said to be of high ____________________.

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LexisNexis is a company that puts together consortia of data sources into packages that are offered to municipal,corporate,and university libraries for a fee.LexisNexis is an example of a data ____.

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Google is a popular search engine.

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The process that allows important day-to-day operational data to be stored and organized for simplified access is called ____.

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Amazon.com recommends books for purchase when a customer who has ordered books from Amazon previously returns to the site.This is an example of ____.

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Which part of the decision support system addresses exchanges between the firm and its customers?

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Compare and contrast pull technology and push technology.

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A computer-based system that helps marketing managers to solve problems through interaction with databases is known as a(n)____________________.

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An organization's inventory figures are a good example of ____.

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