SET 2026 COMPLETE QUESTIONS AND
ANSWERS
◉ Internet of Things. Answer: interconnected "things" can share
data/info
it is M2M (machine to machine)
◉ Data. Answer: raw facts that describe characteristics of
events/objects
◉ Structured Data. Answer: defined in type/length
stored in spreadsheets
EX: addresses
◉ Unstructured Data. Answer: not defined.
EX: emails, tweets, texts
,◉ Big Data. Answer: large/complex data sets
structured and unstructured
◉ Snapshot. Answer: is a view at one particular time
highlight characters
◉ Information. Answer: Data converted into a meaningful and useful
context
◉ Reports. Answer: organize the data
◉ Static Reports. Answer: data that won't change
◉ Dynamic Reports. Answer: automatically changes
ex: stocks
◉ Variable. Answer: a data characteristic that stands for a value that
changes or varies over time
,◉ Business Intelligence (BI). Answer: Information collected from
multiple sources such as suppliers, customers, competitors,
partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making
◉ Analytics. Answer: the science of fact-based decision making
◉ Predictive Analytics. Answer: extracts information from data and
uses it to predict future trends and identify behavioral patterns
◉ Behavioral Analytics. Answer: predicts future actions
◉ Knowledge. Answer: Skills, experience, and expertise coupled
with information and intelligence that creates a person's intellectual
resources
◉ Systems. Answer: operate cross-functionally
collection of parts that lead to common purpose
◉ Systems Thinking. Answer: 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
, ◉ Management Information Systems (MIS). Answer: a business
function which moves information about people, products, and
processes across the company to facilitate decision making and
problem solving
◉ Business Strategy. Answer: a plan that sets specific
goals/objectives
◉ Stakeholder. Answer: has interest in the organization
◉ Competitive Advantage. Answer: gives you an advantage over
other similar products.
first mover advantage means you are the 1st one to do it
◉ Competitive Intelligence. Answer: gathering info about a
competitive environment
◉ SWOT Analysis. Answer: strengths, weaknesses, opportunities,
threats to identify significant influences that work for or against
business strategies