JMU COB 204 Final (100% Correct Answers)

Define Bell's Law correct answers New class of computers establishes a new industry each decade. New platforms, programming environments, industries, networks, and information systems. What is a database? A collection of data that can be interpreted into information for business intelligence. A self-describing set of characters of data that formulate into a table or file. A self-describing collection of integrated records. A byte is a character of data, which are grouped into columns, then fields, then rows and records, which represent a table or a file Business process and the structure of information systems are created based on competitive strategy. correct answers A self-describing collection of integrated records. A byte is a character of data, which are grouped into columns, then fields, then rows and records, which represent a table or a file What are the three primary activities in the BI process? correct answers data acquisition, business intelligence analysis, publish results Which is NOT a principle of competitive advantage? correct answers Value-added insurance Who is one of the key researchers/thinkers in competitive analysis? correct answers Michael Porter What are examples of critical skills for nonroutine cognition? correct answers Abstract reasoning; systems thinking; collaboration; ability to experiment What is metadata? correct answers Data that describes data. Data about data. What are the basic reporting operations used by organizations? correct answers sorting, filtering, grouping, calculating, formatting What is the role of knowledge management systems? correct answers to create value from intellectual capital and sharing that knowledge with employees, managers, suppliers, customers, and others who need that capital. What is a database management system (DBMS)? correct answers A program used to create, process, and administer a database. Why is introduction to MIS the most important class in the College of Business? correct answers Future business professionals need to be able to assess, evaluate, and apply emerging information technology to business. What is MIS? correct answers The management and use of information systems that help organizations achieve their strategies.