BCOR 2205 Quiz 1with correct answers
graded A+ already passed
Why is it important for employees at 1154 LILL to study management information systems?
A. MIS is everywhere in business, but 1154 LILL employees do not need to understand it because they
are working at a start-up.
B. MIS is used only in large businesses due to the massive costs of implementing systems.
C. MIS is rarely discussed outside of Fortune 500 companies.
D. MIS is everywhere in business, and you need to understand it to compete in today's global economy. -
correct answer ✔✔D. MIS is everywhere in business, and you need to understand it to compete in
today's global economy.
Which category of analytics will knowledge workers use to perform their jobs?
A. Descriptive analytics techniques that describe past performance and history.
B. Predictive analytics techniques that extract information from data and use it to predict future trends
and identify behavioral patterns.
C. Prescriptive analytics techniques that create models indicating the best decision to make or course of
action to take.
D. All answer choices are correct. - correct answer ✔✔D. All answer choices are correct.
, Which of the following refers to applications and technologies that are used to gather, provide access to,
and analyze data and information to support decision-making efforts?
A. data
B. information technology
C. business intelligence
D. information - correct answer ✔✔C. business intelligence
raw facts that describe the characteristics of an event or object
example: order date - correct answer ✔✔Data
Data converted into a meaningful and useful context
example: worse selling product - correct answer ✔✔Information
information collected from multiple sources that analyzes patters, trends, and relationships for strategic
decision making
example: lowest sales per week compared with interest rates - correct answer ✔✔Business Intelligence
The skills, experience, and expertise, coupled with information and intelligence, that creates a person's
intellectual resources
examples: choosing not to fire a sales representative who is underperforming knowing that person is
experiencing family problems. Creating daily specials based on items that are about to expire first. -
correct answer ✔✔Knowledge
graded A+ already passed
Why is it important for employees at 1154 LILL to study management information systems?
A. MIS is everywhere in business, but 1154 LILL employees do not need to understand it because they
are working at a start-up.
B. MIS is used only in large businesses due to the massive costs of implementing systems.
C. MIS is rarely discussed outside of Fortune 500 companies.
D. MIS is everywhere in business, and you need to understand it to compete in today's global economy. -
correct answer ✔✔D. MIS is everywhere in business, and you need to understand it to compete in
today's global economy.
Which category of analytics will knowledge workers use to perform their jobs?
A. Descriptive analytics techniques that describe past performance and history.
B. Predictive analytics techniques that extract information from data and use it to predict future trends
and identify behavioral patterns.
C. Prescriptive analytics techniques that create models indicating the best decision to make or course of
action to take.
D. All answer choices are correct. - correct answer ✔✔D. All answer choices are correct.
, Which of the following refers to applications and technologies that are used to gather, provide access to,
and analyze data and information to support decision-making efforts?
A. data
B. information technology
C. business intelligence
D. information - correct answer ✔✔C. business intelligence
raw facts that describe the characteristics of an event or object
example: order date - correct answer ✔✔Data
Data converted into a meaningful and useful context
example: worse selling product - correct answer ✔✔Information
information collected from multiple sources that analyzes patters, trends, and relationships for strategic
decision making
example: lowest sales per week compared with interest rates - correct answer ✔✔Business Intelligence
The skills, experience, and expertise, coupled with information and intelligence, that creates a person's
intellectual resources
examples: choosing not to fire a sales representative who is underperforming knowing that person is
experiencing family problems. Creating daily specials based on items that are about to expire first. -
correct answer ✔✔Knowledge
