100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ISA 235 Miami University Exam 1 Question and answers correctly solved R253,44   Add to cart
Quickly navigate to
Preview
  2.  
  3. ISA 235
  4.  
  5. ISA 235

Exam (elaborations)

ISA 235 Miami University Exam 1 Question and answers correctly solved

 3 views  0 purchase
  • Course
  • ISA 235
  • Institution
  • ISA 235

ISA 235 Miami University Exam 1 Question and answers correctly solved ISA 235 Miami University Exam 1 (Ch. 1-4) internet of things - correct answer a world where interconnected, internet-enabled devices or "things" can collect & share data without human intervention machine to machine (M...

[Show more]

Preview 3 out of 28  pages

Document information

  • November 8, 2024
  • 28
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • isa 235 miami university exam 1
  • isa 235 miami university exam 1 question and answ

Written for

  • ISA 235
  • ISA 235

Seller

avatar-seller
Academia199

Reviews received

Content preview

ISA 235 Miami University Exam 1 (Ch. 1-
4)
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


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


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


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


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


systems thinking - correct answer ✔a way of monitoring the entire system by
viewing multiple inputs being processed or transformed to product outputs
while continuously gathering feedback on each part


feedback - correct answer ✔information that returns to its original transmitter
(input, transform, or output) and modifies the transmitter's actions


management information systems (MIS) - correct answer ✔a business
function, like accounting and human resources, which moves information
about people, products, and processes across the company to facilitate
decision making & problem solving

, chief information officer (CIO) - correct answer ✔responsible for:
1) overseeing all uses of MIS and
2) ensuring that MIS strategically aligns with business goals and objectives


chief security officer (CSO) - correct answer ✔responsible for ensuring the
security of MIS systems and developing strategies and MIS safeguards
against attacks from hackers and viruses


business strategy - correct answer ✔a leadership plan that achieves a
specific set of goals or objectives such as increasing sales, decreasing costs,
entering new markets, or developing new products or services


competitive advantage - correct answer ✔a feature of a product or service on
which customers place a greater value than on similar offerings from
competitors


first-mover advantage - correct answer ✔an advantage that occurs when a
company can significantly increase its market share by being first to market
with a competitive advantage


SWOT analysis - correct answer ✔evaluates an organization's strengths,
weaknesses, opportunities, and threats to identify significant influences that
work for or against business strategies


Porter's 5 Forces Model - correct answer ✔a model for analyzing the
competitive forces within the environment in which a company operates, to
assess the potential for profitability in an industry


buyer power - correct answer ✔the ability of buyers to affect the price they
must pay for an item

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R253,44. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77988 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R253,44
  • (0)
  Buy now