ITM 100 MIDTERM PREP TEST
QUESTIONS ALL SOLVED 2026/2027
SET.
Fact - Answer The confirmation or validation of an event or object.
Information age - Answer The present time, during which infinite quantities of facts are widely
available to anyone who can use a computer.
Internet of Things (IoT) - Answer Any device connected to the Internet with the goal of
enhancing performance without human intervention.
Machine-to-Machine (M2M) - Answer Two or more connected devices interacting via wireless
or wired connections with the goal of data sharing and analytics without human intervention.
Data - Answer Raw facts that describe the characteristics of an event or object.
Big data - Answer Large volumes of data—both structured and unstructured—containing
greater variety, increased veracity, and more velocity.
Variety - Answer Different forms of structured and unstructured data.
Veracity - Answer The uncertainty of data, including biases, noise, and abnormalities.
Volume - Answer The scale of data.
Velocity - Answer The analysis of streaming data as it travels around the Internet.
Structured data - Answer Has a defined length, type, and format and includes numbers, dates,
or strings such as Customer Address format.
Machine-generated structured data - Answer Created by a machine without human
intervention.
Human-generated structured data - Answer Data that humans, in interaction with computers,
generate.
,Unstructured data - Answer Not defined, does not follow a specified format, and is typically
free-form text such as emails, Twitter tweets, and text messages.
Machine-generated unstructured data - Answer Such as satellite images, scientific atmosphere
data, and radar data.
Human-generated unstructured data - Answer Such as text messages, social media data, and
emails.
Information - Answer Data converted into a meaningful and useful context.
Variable - Answer A data characteristic that stands for a value that changes or varies over time.
Report - Answer A document containing data organized in a table, matrix, or graphical format
allowing users to easily comprehend and understand information.
Dynamic report - Answer Changes automatically during creation.
Static report - Answer Created once based on data that does not change.
Business intelligence - Answer Information collected from multiple sources such as suppliers,
customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making.
Business analytics - Answer The scientific process of transforming data into information for
making data-driven business decisions.
Descriptive analytics - Answer Describes past performance and history.
Diagnostic analytics - Answer Examines data or content to answer the questions, 'Why did it
happen?'
Predictive analytics - Answer Extracts information from data and uses it to predict future
trends and identify behavioural patterns.
Prescriptive analytics - Answer Creates models including the best decision to make or course
of action to take.
, Knowledge - Answer Skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources.
Knowledge assets - Answer The human, structural, and recorded resources available to the
organization.
Knowledge worker - Answer Individual valued for their ability to interpret and analyze
information.
Data silo - Answer Occurs when one department is unable to freely communicate with other
departments, making it difficult or impossible for organizations to work cross-functionally.
Management Information Systems (MIS) - Answer 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.
Democratization - Answer The action of making something accessible to everyone.
Data democratization - Answer The ability for data to be collected, analyzed, and accessible to
all users.
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.
Goods - Answer Material items or products that customers will buy to satisfy their want or
need.
Services - Answer Tasks people perform that customers will buy to satisfy a want or need.
Production - Answer The process where a business takes raw materials and processes them or
converts them into a finished product for its goods or services.
Chief information officer (CIO) - Answer Responsible for information and ensures the strategic
alignment of MIS with business goals and objectives.
Chief data officer (CDO) - Answer Responsible for determining the types of information the
enterprise will capture, retain, analyze, and share.
QUESTIONS ALL SOLVED 2026/2027
SET.
Fact - Answer The confirmation or validation of an event or object.
Information age - Answer The present time, during which infinite quantities of facts are widely
available to anyone who can use a computer.
Internet of Things (IoT) - Answer Any device connected to the Internet with the goal of
enhancing performance without human intervention.
Machine-to-Machine (M2M) - Answer Two or more connected devices interacting via wireless
or wired connections with the goal of data sharing and analytics without human intervention.
Data - Answer Raw facts that describe the characteristics of an event or object.
Big data - Answer Large volumes of data—both structured and unstructured—containing
greater variety, increased veracity, and more velocity.
Variety - Answer Different forms of structured and unstructured data.
Veracity - Answer The uncertainty of data, including biases, noise, and abnormalities.
Volume - Answer The scale of data.
Velocity - Answer The analysis of streaming data as it travels around the Internet.
Structured data - Answer Has a defined length, type, and format and includes numbers, dates,
or strings such as Customer Address format.
Machine-generated structured data - Answer Created by a machine without human
intervention.
Human-generated structured data - Answer Data that humans, in interaction with computers,
generate.
,Unstructured data - Answer Not defined, does not follow a specified format, and is typically
free-form text such as emails, Twitter tweets, and text messages.
Machine-generated unstructured data - Answer Such as satellite images, scientific atmosphere
data, and radar data.
Human-generated unstructured data - Answer Such as text messages, social media data, and
emails.
Information - Answer Data converted into a meaningful and useful context.
Variable - Answer A data characteristic that stands for a value that changes or varies over time.
Report - Answer A document containing data organized in a table, matrix, or graphical format
allowing users to easily comprehend and understand information.
Dynamic report - Answer Changes automatically during creation.
Static report - Answer Created once based on data that does not change.
Business intelligence - Answer Information collected from multiple sources such as suppliers,
customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making.
Business analytics - Answer The scientific process of transforming data into information for
making data-driven business decisions.
Descriptive analytics - Answer Describes past performance and history.
Diagnostic analytics - Answer Examines data or content to answer the questions, 'Why did it
happen?'
Predictive analytics - Answer Extracts information from data and uses it to predict future
trends and identify behavioural patterns.
Prescriptive analytics - Answer Creates models including the best decision to make or course
of action to take.
, Knowledge - Answer Skills, experience, and expertise coupled with information and
intelligence that creates a person's intellectual resources.
Knowledge assets - Answer The human, structural, and recorded resources available to the
organization.
Knowledge worker - Answer Individual valued for their ability to interpret and analyze
information.
Data silo - Answer Occurs when one department is unable to freely communicate with other
departments, making it difficult or impossible for organizations to work cross-functionally.
Management Information Systems (MIS) - Answer 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.
Democratization - Answer The action of making something accessible to everyone.
Data democratization - Answer The ability for data to be collected, analyzed, and accessible to
all users.
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.
Goods - Answer Material items or products that customers will buy to satisfy their want or
need.
Services - Answer Tasks people perform that customers will buy to satisfy a want or need.
Production - Answer The process where a business takes raw materials and processes them or
converts them into a finished product for its goods or services.
Chief information officer (CIO) - Answer Responsible for information and ensures the strategic
alignment of MIS with business goals and objectives.
Chief data officer (CDO) - Answer Responsible for determining the types of information the
enterprise will capture, retain, analyze, and share.
