BUSINESS AND MANAGEMENT – BUSINESS INFORMATION MANAGEMENT TEST 2024
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Course
Business and Management
Institution
Business And Management
This comprehensive question-and-answer document delves into critical concepts of business management and technology, making it an indispensable resource for students aiming to excel in their studies. Covering topics from network creation, ERP systems, and data mining, to the impact of technology on...
BUSINESS MANAGEMENT – BUSINESS INFORMATION MANAGEMENT TEST 2024
1.
Question: A characteristic of technology's impact in business is.
a) Regulation
b) Computer Hardware
c) People
d) IT resources
Correct Answer: a) Regulation
Explanation: One characteristic of technology's impact in business is regulation. As technology
advances, there is a need for regulations to ensure ethical and responsible use of technology in business
operations. Regulations help protect consumer rights, ensure data privacy and security, and promote
fair competition. They also establish standards and guidelines for businesses to follow, helping to
maintain transparency and accountability in the use of technology. Overall, regulation plays a crucial
role in shaping the way technology is integrated and utilized in the business environment.
2.
Question: Which of the following sends data in groups of bits?
a) Serial Port
b) Parallel Port
c) IrDa Port
d) Ethernet Port
Correct Answer: b) Parallel Port
Explanation: Parallel ports send data in groups of bits simultaneously. Unlike serial ports, which send
data one bit at a time, parallel ports transmit multiple bits simultaneously through separate wires. This
allows for faster data transfer rates, making parallel ports suitable for high-speed communication
between devices. IrDa ports and Ethernet ports also transmit data serially, while parallel ports are
specifically designed for parallel data transmission.
3.
Question: What is the most critical piece of the information lifestyle?
a) Use
b) Storage
c) Disposition
d) Dissemination
Correct Answer: a) Use
Explanation: The most critical piece of the information lifestyle is "use". This is because information
is only valuable if it is actively used and applied. Without using information, it becomes irrelevant and
loses its purpose. Use involves utilizing information to make informed decisions, solve problems, and
achieve goals. It is through the use of information that individuals and organizations can derive value
and gain a competitive advantage.
4.
Question: To achieve a company's business objectives, companies execute:
a) Many policies
b) Many orders
c) Transactions
d) Numerous business processes
Correct Answer: d) Numerous business processes
Explanation: To achieve a company's business objectives, companies execute numerous business
processes. Business processes refer to a series of activities or tasks that are performed to achieve
specific goals within an organization. These processes involve the coordination of resources, people,
and technology to deliver products or services to customers. By executing numerous business
processes, companies can streamline their operations, improve efficiency, and ultimately work towards
achieving their desired business objectives.
5.
Question: The impact of technology in business is not considered a paradigm shift.
a) True
b) False
Correct Answer: b) False
Explanation: The impact of technology in business is considered a paradigm shift because it has
fundamentally changed the way businesses operate and interact with customers. Technology has
revolutionized communication, productivity, and efficiency in business processes. It has enabled the
automation of tasks, the collection and analysis of vast amounts of data, and the development of new
business models. These advancements have disrupted traditional industries and created new
opportunities for innovation and growth. Therefore, the statement that the impact of technology in
business is not considered a paradigm shift is false.
6.
Question: Informational Websites are best described as.
a) Sites that provide consumers with direct tourism service
b) Websites that provide overall information about the business organization to include product or
service rendered.
c) Websites that sell information services to consumers
d) Websites that sell information to another business
Correct Answer: a) Sites that provide consumers with direct tourism service
Explanation: Informational websites are best described as sites that provide consumers with direct
tourism service. These websites are specifically designed to offer information and services related to
tourism, such as booking accommodations, providing travel guides, offering itinerary suggestions, and
facilitating ticket reservations for various tourist attractions. These websites aim to directly assist
consumers in planning and organizing their travel experiences, making them a valuable resource for
tourists seeking information and services in the tourism industry.
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