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BMAL-590 INFORMATION MANAGEMENT SYSTEMS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ €11,33
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BMAL-590 INFORMATION MANAGEMENT SYSTEMS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
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BMAL-590 INFORMATION MANAGEMENT SYSTEMS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ In business, organizations utilize information primarily in problem-solving or in decision-making processes Problem-solving and decision-making require information. Gathering the correct inform...

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BMAL-590 INFORMATION MANAGEMENT SYSTEMS

EXAM QUESTIONS AND ANSWERS WITH COMPLETE

SOLUTIONS GRADED A++


In business, organizations utilize information primarily in problem-solving or in decision-making

processes


Problem-solving and decision-making require information. Gathering the correct information efficiently,

storing it in such a way that it is accessible, and utilizing it to help an organization achieve its business

goals are the keys to success in any business environment.


Data


the raw material necessary for the creation of information



Raw data is rarely meaningful or as useful as information without dissemination; data is used to build

information. In order for data to become information, data must be compiled, manipulated, analyzed, or

utilized in such a way in which it leads to an improved understanding of a situation.


information


the facts or conclusions derived that have meaning within a given context



In order for information to be useful in decision-making and problem-solving, information must be

presented in a meaningful and logical way within a specific context.

,The only thing more harmful than no information is partial or inaccurate information


system


a set of detailed procedures, methods, processes, or course of action intended to achieve a specific

result or carry out a particular activity. Components and parts of a system and interrelated steps work

together for the good of the whole. A successful business attains results that are consistent, measurable,

and ultimately benefit customers.


Subsystem


a smaller component of a larger system


Systems thinking


Viewing an organization in terms of its subsystems



a complete approach to analysis focusing on the way a system's parts interrelate, and how systems work

over time and within the context of larger systems.



In order to solve problems, managers need to be able to identify the problem, which is done by

recognizing the subsystems in which the problems occur and solving the problems within those

subsystems' constraints and strengths. As an added benefit, systems thinking can also support managers

by keeping them focused on the overall goals and operations of a business. Systems thinking encourages

the manager to consider the entire system, not only their specific subsystem when solving problems or

making decisions.


information technology

,Systems thinking is supported by information technology



refers to all technologies, especially computers and telecommunications, that collectively facilitate the

building and maintaining of information management systems. Systems thinking is the basic reasoning

behind an organization's dependence on computers and enterprise software applications.


Enterprise software applications


support business systems by ensuring the flow of information throughout the entire organization.


synergy


refers to the combined effects produced by two or more parts, elements, or individuals, which then

produces an effect greater than the totality of their separate effects.



This synergy between computers and humans is the backbone of modern business. Successful

companies will find ways to harness this power to maximize business and organizational success.



Synergy is realized by performing simultaneously and automatically the sequential steps and tasks that

once had to be performed manually.


information management system


Managers plan, control, and make decisions and as long as a system supports one or more of these

activities


Transaction processing systems (TPS)


most widely used information systems in the world. The primary function of transaction processing

systems is to record data collected where an organization transacts business with other organizations.

, TPS's can include point-of-sale (POS) machines, automatic teller machines (ATM), and purchase order

systems.


Business intelligence systems


refer to data and software tools for organizing, analyzing, and providing access to data with the goal of

helping managers and other enterprise users make well-informed decisions. Business intelligence

systems address the decision-making needs of all levels of management within a business.


Supply chain management systems or an SCM system


aids a business in the managing or dealings with suppliers. Suppliers, purchasing businesses, distributors,

and logistics companies all benefit from these systems by the sharing of information about orders,

production, inventory levels, and delivery of products and services.



This allows for efficiencies in the sourcing, producing, and delivery of goods and services. SCM systems

are often called Enterprise resource planning (ERP) systems. This is because the information they provide

supports the planning of shipping resources such as personnel, funds, and raw materials.



Supply chain management systems are the result of systems thinking and support systems thinking. They

eliminate the need to reenter data that has already been captured somewhere else in the organization

thereby saving time and money.


customer relationship management (CRM) systems


allows the storage and management of prospect and customer information, like contact information,

accounts, and sales opportunities, in one central location. These systems make information readily

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