DATA correct answers Raw facts that describe the characteristics of an event or object (order date, amount sold, customer number, quantity ordered)
INFORMATION correct answers Data converted into a meaningful and useful context (best/worst-selling product, best/worst customer)
BUSINESS INTELL...
CIS 2010 UNIT 1 TEST || ANSWERS 100% CORRECT!!
DATA correct answers Raw facts that describe the characteristics of an event or object (order
date, amount sold, customer number, quantity ordered)
INFORMATION correct answers Data converted into a meaningful and useful context
(best/worst-selling product, best/worst customer)
BUSINESS INTELLIGENCE correct answers Information collected from multiple sources
such as suppliers, customers, competitors, partners, and industries that analyzes patterns,
trends, and relationships for strategic decision making (lowest sales per week compared with
economic interest rates, best-selling product by month compared to sports season & city team
wins & losses)
KNOWLEDGE correct answers Skills, experience, and expertise coupled with information
and intelligence that creates a person's intellectual resources (choosing not to fire someone
you know is having family troubles, listing products that are about to expire on sale)
INTERNET OF THINGS correct answers A world where interconnected, Internet-enabled
devices or "things" can collect and share data without human intervention.
Also known as Machine-to-Machine
FACT correct answers Confirmation or validation of an event or object
STRUCTURED DATA correct answers Has a defined length, type, and format and includes
numbers, dates, or strings such as Customer Address.
Typically stored in a traditional system such as a relational database or spreadsheet.
20% of data surround us.
Machine-generated: sensor, point-of-sale, & web log data
Human-generated: input, click-stream, & gaming data
UNSTRUCTURED DATA correct answers Not defined and does not follow a specified
format.
Typically free-form text such as texts, emails, tweets
80% of data surround us
Machine-generated: satellite images, scientific atmosphere, & radar data
Human-generated: texts, social media, & email data
VARIABLE correct answers Data characteristic that stands for a value that changes or varies
over time.
i.e. Price, quantity ordered
ANALYTICS correct answers Science of fact-based decision making
BUSINESS ANALYTICS correct answers Scientific process of transforming data into
insight for making better decisions
INPUT correct answers Raw materials
PROCESS correct answers Production.
, Taking raw materials & processing them/converting them into a finished product
OUTPUT correct answers Finished product
SYSTEMS THINKING correct answers Way of monitoring an entire system by viewing
multiple inputs being processed to produce outputs while continuously gathering feedback on
each part
FEEDBACK LOOP correct answers Regulating a system by controlling every step. At each
step, you observe the output & then adjust the process as required
FEEDFORWARD LOOP correct answers Monitor input variations & adjust the process to
compensate
TOOL correct answers Help a process go forward
BARRIER correct answers Hold a process back
MANAGEMENT INFORMATION SYSTEMS correct answers Business function that
moves information about people, products, and processes across the company to facilitate
decision-making and problem-solving.
Represents business success & innovation
OPEN SYSTEMS correct answers Consists of non proprietary hardware & software based on
publicly known standards that allows third parties to create add-on products to plug into or
interoperate w the system
SUBSYSTEMS correct answers System within a system
SYSTEM MANAGEMENT correct answers Optimization within a structure.
Regulating the process
ALPHANUMERIC CHARACTERS correct answers A (10) B (11) C (12) D (13)
BINARY NUMBERS correct answers base 2 (0 & 1)
NUMERAL BASE SYSTEMS correct answers decimal or base 10
POSITIONAL NOTATION correct answers Reusing the same symbol over & over again
URL SHORTNERS correct answers Arrangement of characters representing a very large
number
METRICS correct answers System or standard of measurement used to gain organization
success
CRITICAL SUCCESS FACTORS (CSF) correct answers Crucial steps companies perform to
achieve their goals and objectives & implement their strategies.
Retain competitive advantages, increase customer satisfaction, hire & retain the best
professionals
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