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mis 180 exam 1---sdsu Questions and Correct Answers the Latest Update

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Mis 180

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Mis 180

What is the difference between data, information, knowledge, and wisdom in the context of a business? Know the definition and two examples Data- raw facts that describe the characteristics of an event or object Information-Data converted into a meaningful and useful context. Knowledge- the...

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mis 180 exam 1 sdsu questions and correct answe

Institution Mis 180
Course Mis 180

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mis 180 exam 1---sdsu Questions and
Correct Answers the Latest Update
What is the difference between data, information, knowledge, and wisdom in

the context of a business? Know the definition and two examples

✓ Data- raw facts that describe the characteristics of an event or object
✓ Information-Data converted into a meaningful and useful context.
✓ Knowledge- the skills, experience, and expertise, coupled with information and
intelligence that create a person's intellectual resources.
✓ Wisdom- the quality of having experience, knowledge, and good judgment.
✓ The ability to think and act using knowledge, experience, understanding, common
sense, and insight.

What is a "fact"? What criteria can we use to evaluate if a piece of information

is a "good fact"?

✓ -A fact is a type of data that is indisputably the case.
✓ -A statement that can be proven with evidence.
✓ -verifiability.

Know an example of "triangulation" and "corroboration" when you see it.

✓ Triangulation: taking a "read" from different sources to measure a single variable
✓ -Corroboration is the charts we've seen statement in the beginning and a
confirmation of them at the end.

Where does "business intelligence" fit in the

hierarchy of information: data, information, knowledge, or wisdom? Why?

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✓ Business intelligence is information collected from multiple sources that analyze
confirmation trends, and relationships for strategic decision making.

When you say you are "informations n literate", what do you mean? Why do

authors like Rockman (Belanger, p7) say it's important to become information

literate?

✓ -Information literacy is the ability to know when information is needed, and to be
able to locate, evaluate, and efficiently use that information.

What is "information technology"? Know a definition or description if you see it.

✓ Information technology (IT) is the hardware, software, and media used to store,
organize, retrieve, and communicate information.

What are the differences between "system" and "process"?

✓ -a system is an organized, purposeful structure All systems have a purpose or a
goal, and they all have PROCESSES.
✓
✓ -A process is in a system, and it transforms the inputs. to achieve a particular end.
✓
✓ - in short, all processes are systems, but not all systems are processes.

What are the 8 parts of any process or system? (see Class Notes for this, NOT

Belanger p 21). Know how to recognize examples of any of them is described.

✓ 1. Inputs
✓ -data, information, instructions, opportunities
✓ 2. Processes
✓ -programs, people, equipment, storage
✓ 3. Outputs

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