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ISA 235 Miami University Exam 1 Question and answers verified to pass
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ISA 235 Miami University Exam 1 Question and answers verified to pass ISA 235 Miami University Exam 1 (Ch. 1-4) fact - correct answer the confirmation or validation of an event or object information age - correct answer the present time, during which infinite quantities of facts are wide...

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  • November 8, 2024
  • 49
  • 2024/2025
  • Exam (elaborations)
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  • isa 235 miami university exam 1
  • isa 235 miami university exam 1 question and answe

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ISA 235 Miami University Exam 1 (Ch. 1-
4)
fact - correct answer ✔the confirmation or validation of an event or object


information age - correct answer ✔the present time, during which infinite
quantities of facts are widely available to anyone who can use a computer


internet of things - correct answer ✔a world where interconnected, internet-
enabled devices or "things" can collect & share data without human
intervention


machine to machine (M2M) - correct answer ✔devices that connect directly
to other devices


data - correct answer ✔raw facts that describe the characteristics of an event
or object


structured data - correct answer ✔data that has a defined length, type, and
format and includes numbers, dates, or strings such as Customer Address


machine-generated data - correct answer ✔data created by a machine
without human intervention


human-generated data - correct answer ✔data that humans, in interaction
with computers, generate

,unstructured data - correct answer ✔data that is not defined and does not
follow a specified format and is typically free-form text such as emails, Twitter
tweets, and text messages


big data - correct answer ✔a collection of rare, complex data sets, including
structured and unstructured data, which cannot be analyzed using traditional
database methods & tools


snapshot - correct answer ✔a view of data at a particular moment in time


Data example - correct answer ✔order date, amount sold, customer number,
quantity ordered


information example - correct answer ✔best-selling product, best customer,
worst-selling product, worst customer


business intelligence example - correct answer ✔lowest sales per week
compared with the economic interest rates, best-selling product by month
compared to sports season and city team wins and losses


knowledge example - correct answer ✔choosing not to fire a sales
representative who is underperforming knowing that person is experiencing
family problems, listing products that are about to expire first on the menu or
creating them as a daily special to move the product


information - correct answer ✔data converted into a meaningful and useful
context

,report - correct answer ✔a document containing data organized in a table,
matrix, or graphical format allowing users to easily comprehend and
understand information


static report - correct answer ✔a report created once based on data that
does not change


dynamic report - correct answer ✔a report that changes automatically during
creation


variable - correct answer ✔a data characteristic that stands for a value that
changes or varies over time


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


analytics - correct answer ✔the science of fact-based decision making


predictive analytics - correct answer ✔extracts information from data and
uses it to predict future trends and identify behavioral patterns


behavior analytics - correct answer ✔uses data about people's behaviors to
understand intent and predict future actions


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

, knowledge worker - correct answer ✔individuals values for their ability to
interpret and analyze information


accounting - correct answer ✔records, measures, and reports monetary
transactions


finance - correct answer ✔deals with strategic financial issues including
money, banking, credit, investments, and assets


human resources - correct answer ✔maintains policies, plans, and
procedures for the effective management of employees


marketing - correct answer ✔supports sales by planning, pricing, and
promoting goods or services


operations management - correct answer ✔manages the process of
converting or transforming or resources into goods or services


sales - correct answer ✔performs the function of selling goods or services


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


goods - correct answer ✔material items or products that customers will buy
to satisfy a want or need. clothing, groceries, cell phones, and cards are all
examples of goods that people buy to fulfill their needs


service - correct answer ✔tasks that customers will buy to satisfy a want or
need

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