BUSA Final UPDATED Actual Exam
Questions and CORRECT Answers
Technological competency - CORRECT ANSWER- ✔✔the ability to understand new
technologies and to use them to their best advantage
Information competency - CORRECT ANSWER- ✔✔the ability to locate, gather, and
organize information for use in decision making
analytical competency - CORRECT ANSWER- ✔✔the ability to evaluate and analyze
information to make decisions and solve real problems
Data - CORRECT ANSWER- ✔✔Raw facts and observations
information - CORRECT ANSWER- ✔✔Data made useful and meaningful for decision
making
5 criteria for useful information - CORRECT ANSWER- ✔✔1. Timely
2. High quality
3. Complete
4. Relevant
5. Understandable
Management Information Systems (MIS) - CORRECT ANSWER- ✔✔a business function
which moves information about people, products, and processes across the company to
facilitate decision making and problem solving
data mining - CORRECT ANSWER- ✔✔the process of analyzing data to extract information
not offered by the raw data alone
Big Data - CORRECT ANSWER- ✔✔a collection of large, complex data sets, including
structured and unstructured data, which cannot be analyzed using traditional database
methods and tools
,5 v's of big data - CORRECT ANSWER- ✔✔1. Volume
2. Variety
3. Veracity
4. Velocity
5. Value
Business Intelligence - CORRECT ANSWER- ✔✔Process of tapping or mining information
systems to extract data that are most potentially useful for decision makers
Data Visualization - CORRECT ANSWER- ✔✔The form of executive dashboards that
visually display and update key performance metrics In the form of graphs, charts, scorecards
problem solving - CORRECT ANSWER- ✔✔the process of identifying a discrepancy
between an actual and a desired state of affairs and then corrective action to resolve a
problem
performance threat - CORRECT ANSWER- ✔✔a situation where something is wrong or
likely to be wrong
performance opportunity - CORRECT ANSWER- ✔✔Situation offers the chance for a better
future if the right steps are taken
Problem Avoiders - CORRECT ANSWER- ✔✔ignore information indicating a performance
opportunity or threat
Problem solvers - CORRECT ANSWER- ✔✔are willing to make decisions and solve
problems, but only when forced into the situation
problem seekers - CORRECT ANSWER- ✔✔constantly process information looking for
problems to solve, even before they occur
, systematic thinking - CORRECT ANSWER- ✔✔approaches problems in a rational, step-by-
step, and analytical fashion
intuitive thinking - CORRECT ANSWER- ✔✔more flexible and spontaneous way of solving
problems
multidimensional thinking - CORRECT ANSWER- ✔✔An ability to view many problems
simultaneously, in relationship to one another and across both long & short time horizons
strategic opportunism - CORRECT ANSWER- ✔✔the ability to remain focused on long-term
objectives while being flexible enough to resolve short-term problems and opportunities in a
timely manner
cognitive styles - CORRECT ANSWER- ✔✔the way an individual deals with information
while making decisions
Sensation Thinkers - CORRECT ANSWER- ✔✔tend to emphasize the impersonal rather
than the personal and take a realistic approach to problem solving. They like hard facts, clear
goals, certainty and situations of high control.
Intuitive Thinkers - CORRECT ANSWER- ✔✔Are comfortable with abstraction and
unstructured situations. they tend to be idealistic, prone toward intellectual and theoretical
positions; they are logical and impersonal but also avoid details.
Intuitive Feelers - CORRECT ANSWER- ✔✔prefer broad and global issues. They are
insightful and tend to avoid details, being comfortable with intangibles; they value flexibility
and human relationships.
Sensation Feelers - CORRECT ANSWER- ✔✔tend to emphasize both analysis and human
relations. They tend to be realistic and prefer facts; they are open communicators and
sensitive to feelings and values.
Structured Problems - CORRECT ANSWER- ✔✔straightforward, familiar, and easily
defined problems
Questions and CORRECT Answers
Technological competency - CORRECT ANSWER- ✔✔the ability to understand new
technologies and to use them to their best advantage
Information competency - CORRECT ANSWER- ✔✔the ability to locate, gather, and
organize information for use in decision making
analytical competency - CORRECT ANSWER- ✔✔the ability to evaluate and analyze
information to make decisions and solve real problems
Data - CORRECT ANSWER- ✔✔Raw facts and observations
information - CORRECT ANSWER- ✔✔Data made useful and meaningful for decision
making
5 criteria for useful information - CORRECT ANSWER- ✔✔1. Timely
2. High quality
3. Complete
4. Relevant
5. Understandable
Management Information Systems (MIS) - CORRECT ANSWER- ✔✔a business function
which moves information about people, products, and processes across the company to
facilitate decision making and problem solving
data mining - CORRECT ANSWER- ✔✔the process of analyzing data to extract information
not offered by the raw data alone
Big Data - CORRECT ANSWER- ✔✔a collection of large, complex data sets, including
structured and unstructured data, which cannot be analyzed using traditional database
methods and tools
,5 v's of big data - CORRECT ANSWER- ✔✔1. Volume
2. Variety
3. Veracity
4. Velocity
5. Value
Business Intelligence - CORRECT ANSWER- ✔✔Process of tapping or mining information
systems to extract data that are most potentially useful for decision makers
Data Visualization - CORRECT ANSWER- ✔✔The form of executive dashboards that
visually display and update key performance metrics In the form of graphs, charts, scorecards
problem solving - CORRECT ANSWER- ✔✔the process of identifying a discrepancy
between an actual and a desired state of affairs and then corrective action to resolve a
problem
performance threat - CORRECT ANSWER- ✔✔a situation where something is wrong or
likely to be wrong
performance opportunity - CORRECT ANSWER- ✔✔Situation offers the chance for a better
future if the right steps are taken
Problem Avoiders - CORRECT ANSWER- ✔✔ignore information indicating a performance
opportunity or threat
Problem solvers - CORRECT ANSWER- ✔✔are willing to make decisions and solve
problems, but only when forced into the situation
problem seekers - CORRECT ANSWER- ✔✔constantly process information looking for
problems to solve, even before they occur
, systematic thinking - CORRECT ANSWER- ✔✔approaches problems in a rational, step-by-
step, and analytical fashion
intuitive thinking - CORRECT ANSWER- ✔✔more flexible and spontaneous way of solving
problems
multidimensional thinking - CORRECT ANSWER- ✔✔An ability to view many problems
simultaneously, in relationship to one another and across both long & short time horizons
strategic opportunism - CORRECT ANSWER- ✔✔the ability to remain focused on long-term
objectives while being flexible enough to resolve short-term problems and opportunities in a
timely manner
cognitive styles - CORRECT ANSWER- ✔✔the way an individual deals with information
while making decisions
Sensation Thinkers - CORRECT ANSWER- ✔✔tend to emphasize the impersonal rather
than the personal and take a realistic approach to problem solving. They like hard facts, clear
goals, certainty and situations of high control.
Intuitive Thinkers - CORRECT ANSWER- ✔✔Are comfortable with abstraction and
unstructured situations. they tend to be idealistic, prone toward intellectual and theoretical
positions; they are logical and impersonal but also avoid details.
Intuitive Feelers - CORRECT ANSWER- ✔✔prefer broad and global issues. They are
insightful and tend to avoid details, being comfortable with intangibles; they value flexibility
and human relationships.
Sensation Feelers - CORRECT ANSWER- ✔✔tend to emphasize both analysis and human
relations. They tend to be realistic and prefer facts; they are open communicators and
sensitive to feelings and values.
Structured Problems - CORRECT ANSWER- ✔✔straightforward, familiar, and easily
defined problems
