IFSM 300 Questions and Answers

What is a primary reason why businesses ask you to like, follow, fan, share, sign up, watch, join, or download things on the Internet? Ans- To get access to consumers and data about them to improve performance. Which of the following is not considered a form of messy data? Ans- Cash register transactions Which of the following do most research and consulting firms agree is one of the biggest opportunities and challenges facing managers as a way to gain insights and a competitive edge? Ans- Using data analytics Productivity is a measure of efficiency and equal to which of the following? Ans- Outputs / Inputs IT department's understanding of strategy, risks, and opportunities; and the business' understanding of IT's potential and limitations is referred to as which of the following? Ans- IT and Business Alignment Customer order processing, credit approval, opening a new account, order fulfillment, processing an insurance claim, and shipping a product are examples of which of the following? Ans- Business processe