SDSU - MIS 180 Exam 1 Questions and Correct Answers the Latest Update
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Course
MIS 180
Institution
MIS 180
What is a fact?
the confirmation or validation of an event or object
What are the core drivers of the information age?
1. data
2. information
3. business intelligence
4. knowledge
What is the information age?
infinite quantities of facts are widely available to anyone who can use a co...
SDSU - MIS 180 Exam 1 Questions and
Correct Answers the Latest Update
What is a fact?
✓ the confirmation or validation of an event or object
What are the core drivers of the information age?
✓ 1. data
✓ 2. information
✓ 3. business intelligence
✓ 4. knowledge
What is the information age?
✓ infinite quantities of facts are widely available to anyone who can use a computer
What is data?
✓ the raw facts that describe the characteristics of an even or object
What is information?
✓ data converted into meaningful and useful context
What is business intelligence (BI)?
✓ information collected from multiple sources such as suppliers, customers,
competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making
✓ the skills, experience, and expertise, coupled with information and intelligence, that
creates a person's intellectual resources
What are knowledge workers?
✓ individuals valued for their ability to interpret and analyze information
What is systems thinking?
✓ A way of monitoring the entire system by viewing multiple inputs being processed or
transformed to produce outputs while continuously gathering feedback on each part
What is feedback?
✓ information that returns to its original transmitter (input, transform, or output) and
modifies the transmitter's actions
What are management information systems (MIS)?
✓ A business function, like accounting and human resources, which moves information
about people, products, and processes across the company to facilitate decision-
making and problem-solving
chief Information Officer (CIO)
✓ responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns
with business goals and objectives
chief knowledge officer (CKO)
✓ responsible for collecting, maintaining, and distributing company knowledge
✓ responsible for ensuring the ethical and legal use of information within a company
chief security officer (CSO)
✓ responsible for ensuring the security of business systems and developing strategies
and safeguards against attacks by hackers and viruses
chief technology officer (CTO)
✓ responsible for ensuring the speed, accuracy, availability, and reliability of the MIS
What is a business strategy?
✓ A leadership plan that achieves a specific set of goals or objectives such as:
✓ - developing new products or services
✓ - entering new markets
✓ - increasing customer loyalty
✓ - attracting new customers
✓ - increasing sales
✓ - decreasing costs
What is a competitive advantage?
✓ A product or service that an organization's customers place a greater value on than
similar offerings from a competitor
what are ways that companies duplicate competitive advantages?
✓ - acquiring the new technology
✓ - copying the business operations
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