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ISA 235 Final Question and answers verified to passed

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ISA 235 Final Question and answers verified to passed ISA 235 Final Internet of things - correct answer A world where interconnected, internet-enabled devices or "things" can collect and share data without human intervention. Phishing - correct answer An attack that sends an email or d...

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  • November 8, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • isa 235 final
  • isa 235 final question and answers verified to pa

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ISA 235 Final
Internet of things - correct answer ✔A world where interconnected, internet-
enabled devices or "things" can collect and share data without human
intervention.


Phishing - correct answer ✔An attack that sends an email or displays a Web
announcement that falsely claims to be from a legitimate business in an
attempt to trick the user into surrendering private information


Streamlining - correct answer ✔improves business process efficiencies by
simplifying or eliminating unnecessary steps


Value Chain: Primary Vs. Support - correct answer ✔Views a firm as a series
of business processes that each add value. Primary: The firm acquiring raw
materials, manufacturing, delivering, marketing and selling. Support: Actual
firm infrastructure such as HR, Management, Tech. Dept.


Data - correct answer ✔Raw facts that describe the characteristics of an
event or object


Information - correct answer ✔Data converted into meaningful and useful
context


Metrics - correct answer ✔Measurements that evaluate results to determine
whether a project is meeting its goals


Information Security - correct answer ✔The protection of information from
accidental or intentional misuse by persons inside or outside an organization

,Business Information (BI) - correct answer ✔Information collected from
multiple sources such as suppliers, customers, competitors, partners, and
industries that analyze patterns, trends, and relationships for strategic
decision making


information silo - correct answer ✔-occurs when one business unit is unable
to freely communicate with other business units making it difficult or
impossible for organizations to work cross-functionally
-these exist because management does not believe there is enough benefit
from sharing information across business units


Business Analytics (BA) - correct answer ✔the scientific process of
transforming data into insight for making better decisions


Knowledge - correct answer ✔Skills, experience, and expertise coupled with
information and intelligence that creates a person's intellectual resources


System - correct answer ✔a collection of parts that link to achieve a common
purpose


Systems Thinking - correct answer ✔A way of monitoring the entire system
by viewing multiple inputs being processes or transformed to produce outputs
while continuously gathering feedback on each part


Porter's Five Forces - correct answer ✔Also known as Industry and
Competitive Analysis. A framework considering the interplay between (1) the
intensity of rivalry among existing competitors, (2) the threat of new entrants,
(3) the threat of substitute goods or services, (4) the bargaining power of
buyers, and (5) the bargaining power of suppliers.

, SWOT analysis - correct answer ✔identifying internal strengths (S) and
weaknesses (W) and also examining external opportunities (O) and threats
(T)


Transactional Info - correct answer ✔Encompasses all of the info contained
within a single business process or unit of work and its purpose is to support
the daily operations or structured decisions


Analytical Info - correct answer ✔Encompasses all organization information
and its primary purpose is to support the performing of managerial analysis or
semistructured decisions


Algorithms - correct answer ✔-mathematical formulas placed in software that
performs an analysis on a data set
-business analytics uses algorithms to derive meaning from data by finding
patterns to make future predictions


Business Process - correct answer ✔a series of steps that are followed in
order to carry out some task in a business


Ganularity - correct answer ✔Refers to the level of detail in the model or the
decision making process


Machine Learning - correct answer ✔A type of artificial intelligence that
leverages massive amounts of data so that computers can understand
concepts and continue to learn by recognizing patterns, with minimal human
interaction


Visualization - correct answer ✔Produces graphical displays of patterns and
complex relationships in large amounts of data

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