Exam 1: Business Driven Technology

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____________ are raw facts that describe the characteristics of an event.

(Short Answer)
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The __________ department tracks strategic financial issues,including money,banking,credit,investments,and assets.

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____________ is data converted into a meaningful and useful context.

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Consider a washing machine as a system.Which of the following represents feedback?

(Multiple Choice)
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MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

(Multiple Choice)
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Consider a washing machine as a system.Which of the following represents the outputs?

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Cheryl Steffan is the operations manager for Nature's Bread Company,which specializes in providing natural products for health-conscious individuals.Cheryl 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 Cheryl would be using to successfully perform her job?

(Multiple Choice)
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The __________ management department in a company manages the process of converting or transforming resources into goods or services.

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Consider oven as a system.Which of the following represents the output?

(Multiple Choice)
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When Friedman describes Globalization 3.0,he discuss 10 forces that ________ the world.

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Three key resources-people,information,and information technology (in that order of priority)-are inextricably linked.If one fails,they all fail.

(True/False)
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Which of the following is considered information?

(Multiple Choice)
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Describe the information age and the differences between data,information,business intelligence,and knowledge.

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Consider a home theater system.Which of the following represents the outputs?

(Multiple Choice)
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Which of the below is the key term that defines the confirmation or validation of an event or object?

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Which of the following is included as one of Friedman's 10 forces that flattened the world?

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MIS can be an important enabler of business success and innovation.Which of the below statements is accurate when referring to MIS?

(Multiple Choice)
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The department within a company that records,measures,and reports monetary transactions is called _______________.

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Which of the following is not included as one of Friedman's 10 forces that flattened the world?

(Multiple Choice)
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Technology provides countless business opportunities,but can also lead to pitfalls and traps for a business.

(True/False)
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