mis 180 exam 1---sdsu Questions and Correct Answers the Latest Update
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Course
Mis 180
Institution
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...
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?
✓ 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.
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