Meader MIS 180 EXAM 1 COMPLETE
QUESTIONS AND CORRECT ANSWERS
(100% VERIFIED ANSWERS) | NEW
UPDATE 2025
Data - ANSWER raw facts that describe the characteristics of an event or object
Examples: Order date; amount sold; customer number; quantity ordered
Information - ANSWER Data converted into a meaningful and useful context
Examples: Best selling product; best customer; worst selling product; worst
customer
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
Examples: Lowest sales per week compared with the economic interest rates; Best
selling product by month compared to sports season and city team wins and
losses
Knowledge - ANSWER 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; Listing products that are
about to expire first on the menu or creating them as a daily special to move the
product
Fact - ANSWER A fact is a type of date. Its qualities include:
a thing that is indisputably the case
a piece of information used as evidence or as part of a report or news article.
a statement that is consistent with objective reality or can be proven with
evidence
the usual test for a statement of fact is verifiability
True/Useful Fact - ANSWER Example: The sky is blue
False/Misleading Fact - ANSWER False/Useless Example: The sky is above
Misleading Example: The sky is green (when a storm is brewing)
Triangulation - ANSWER taking a "read" from different sources
Corroboration - ANSWER checking one source's story against another source's
story
, Information Literacy - ANSWER Know when you need more data, information
and knowledge; Be able to locate, evaluate and effectively use that data,
information, and knowledge
System - ANSWER a set of connected processes and characteristics forming a
complex whole, or a set of principles or procedures according to which something
is done.
Doesn't always produce one particular end
Ex: produce pizza and employment and rent for landlord and market for food
suppliers and......
Not always possible to measure an outcome of a system
Ex: can't easily measure how well the food suppliers needs outweigh the
employees needs
Process - ANSWER a series of actions or steps taken in order to achieve a
particular end
You can measure the performance of a process
Ex: how much time to produce a pizza?
Ex: how many people does it take to produce a pizza?
Ex: when can we expect that pizza???
8 parts of a process or system - ANSWER 1 Purpose, Function, Goals
QUESTIONS AND CORRECT ANSWERS
(100% VERIFIED ANSWERS) | NEW
UPDATE 2025
Data - ANSWER raw facts that describe the characteristics of an event or object
Examples: Order date; amount sold; customer number; quantity ordered
Information - ANSWER Data converted into a meaningful and useful context
Examples: Best selling product; best customer; worst selling product; worst
customer
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
Examples: Lowest sales per week compared with the economic interest rates; Best
selling product by month compared to sports season and city team wins and
losses
Knowledge - ANSWER 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; Listing products that are
about to expire first on the menu or creating them as a daily special to move the
product
Fact - ANSWER A fact is a type of date. Its qualities include:
a thing that is indisputably the case
a piece of information used as evidence or as part of a report or news article.
a statement that is consistent with objective reality or can be proven with
evidence
the usual test for a statement of fact is verifiability
True/Useful Fact - ANSWER Example: The sky is blue
False/Misleading Fact - ANSWER False/Useless Example: The sky is above
Misleading Example: The sky is green (when a storm is brewing)
Triangulation - ANSWER taking a "read" from different sources
Corroboration - ANSWER checking one source's story against another source's
story
, Information Literacy - ANSWER Know when you need more data, information
and knowledge; Be able to locate, evaluate and effectively use that data,
information, and knowledge
System - ANSWER a set of connected processes and characteristics forming a
complex whole, or a set of principles or procedures according to which something
is done.
Doesn't always produce one particular end
Ex: produce pizza and employment and rent for landlord and market for food
suppliers and......
Not always possible to measure an outcome of a system
Ex: can't easily measure how well the food suppliers needs outweigh the
employees needs
Process - ANSWER a series of actions or steps taken in order to achieve a
particular end
You can measure the performance of a process
Ex: how much time to produce a pizza?
Ex: how many people does it take to produce a pizza?
Ex: when can we expect that pizza???
8 parts of a process or system - ANSWER 1 Purpose, Function, Goals
