with All Correct Answers
What is a mathematical property of an algorithm? - Answer-Variance bias
What is a category of AI that attempts to emulate the way the human brain works? -
Answer-Neural network
What is a result of training data that is influenced by cultural or other stereotypes? -
Answer-Prejudice bias
What results in a product or service received by an organization's external customer? -
Answer-Customer-facing processes
______ process modeling is the activity of creating a detailed flowchart or process map
of a work process that shows its inputs, tasks, and activities in a structured sequence. -
Answer-Business
______ bias occurs when there is a problem with the data collected that skews the data
in one direction. - Answer-Measurement
What includes the tasks, activities, and responsibilities required to execute each step in
a business process? - Answer-Workflow
______ bias is a mathematical property of an algorithm? - Answer-Variance
What processes are static, routine, daily business processes such as stocking
inventory, checking out customers, or daily opening and closing processes? - Answer-
operational business processes
______ network is a category of AI that attempts to emulate the way the human brain
works. - Answer-Neural
What improves business process efficiencies by simplifying or eliminating unnecessary
steps? - Answer-Streamlining
______-facing processes result in a product or service received by an organization's
external customer. - Answer-Customer
, What are dynamic, nonroutine, long-term business processes such as financial
planning, expansion strategies, and stakeholder interactions? - Answer-Strategic
business processes
What is the activity of creating a detailed flowchart or process map of a work process
that shows its inputs, tasks, and activities in a structured sequence? - Answer-Business
process modeling
What is the process of analyzing data to extract information not offered by the raw data
alone? - Answer-Data mining
______ includes the tasks, activities, and responsibilities required to execute each step
in a business process. - Answer-Workflow
What is the process of collecting statistics and information about data in an existing
source? - Answer-Data profiling
________ business processes are static, routine, daily business processes such as
stocking inventory, checking out customers, or daily opening and closing processes. -
Answer-Operational
Data Blank______ tools use a variety of techniques to find patterns and relationships in
large volumes of information that predict future behavior and guide decision making. -
Answer-mining
______ improves business process efficiencies by simplifying or eliminating
unnecessary steps. - Answer-Streamlining
______ business processes are dynamic, nonroutine, long-term business processes
such as financial planning, expansion strategies, and stakeholder interactions. -
Answer-Strategic
Data Blank______ is the process of analyzing data to extract information not offered by
the raw data alone. - Answer-mining
Select all that apply
Select the three primary decision-making challenges facing managers today. - Answer-
Manager must make decisions quickly
Managers must apply sophisticated analysis techniques, such as Porter's strategies or
forecasting, to make strategic decisions
Managers need to analyze large amounts of information
Click and drag on elements in order
List the steps in the decision-making process. - Answer-1. Problem identification
2. Data collection
3. Solution generation