IS 303 Midterm Gunnels UAB Exam
Questions With Correct Answers
Fact |- |CORRECT |ANSWER✔✔-Conformation |or |validation |of |an |event |or |resource
Information |age |- |CORRECT |ANSWER✔✔-The |present |time, |during |which |infinite |quantities |of |
facts |are |widely |available |to |anyone |who |can |use |a |computer.
Internet |of |Things |(IoT) |- |CORRECT |ANSWER✔✔-World |where |interconnected, |internet-
enabled |devices |or |"things" |have |the |ability |to |collect |and |share |data |without |human |
intervention.
Machine-to |Machine |(M2M) |- |CORRECT |ANSWER✔✔-Refers |to |a |device |that |connect |directly |
to |other |devices.
Core |drivers |of |the |Information |age |- |CORRECT |ANSWER✔✔-Data,Information, |Business |
intelligence, |Knowledge
Data |- |CORRECT |ANSWER✔✔-Raw |facts |that |desire |the |characteristics |of |an |event |or |object.
Structured |data |- |CORRECT |ANSWER✔✔-Stored |in |a |traditional |system |such |as |a |relational |
database |or |spreadsheet.
Machine |Generated |data |- |CORRECT |ANSWER✔✔-Created |by |a |machine |without |human |
intervention
Human |generated |data |- |CORRECT |ANSWER✔✔-Data |that |humans, |in |interaction |with |
computers, |generate
,Unstructured |data |- |CORRECT |ANSWER✔✔-Not |defined |and |does |not |follow |a |specific |format
Snapshot |- |CORRECT |ANSWER✔✔-A |view |of |data |at |a |particular |point |in |time
Information |- |CORRECT |ANSWER✔✔-Data |converted |into |a |meaningful |and |useful |context
Report |- |CORRECT |ANSWER✔✔-Document |containing |data |organized |in |a |table, |matrix, |or |
graphical |format |allowing |users |to |easily |comprehend |and |understand |information
Static |report |- |CORRECT |ANSWER✔✔-Created |once |based |on |data |that |does |not |change
Dynamic |report |- |CORRECT |ANSWER✔✔-Changes |automatically |during |creation
Business |intelligence |- |CORRECT |ANSWER✔✔-Information |collected |from |multiple |suppliers, |
consumers, |competitors, |partners, |and |industries, |that |analyze |patterns, |trends, |and |
relationships |for |strategic |decision |making
Analytics |- |CORRECT |ANSWER✔✔-The |science |of |fact-based |decision |making
Descriptive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |describes |past |performance |and |
history
Predictive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |extracts |information |from |data |
and |uses |it |to |predict |future |trends |and |identify |behavioral |patterns
Prescriptive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |create |models |indicating |the |
best |decision |to |make |or |course |of |action |to |take
,Knowledge |- |CORRECT |ANSWER✔✔-Skills, |experience, |and |expertise |coupled |with |information
|and |intelligence |that |creates |a |persons |intellectual |resources
Knowledge |worker |- |CORRECT |ANSWER✔✔-Individual |valued |for |their |ability |to |interpret |and |
analyze |information
Systems |thinking |- |CORRECT |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.
Management |Information |Systems |(MIS) |- |CORRECT |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
Chief |Information |Officer |(CIO) |- |CORRECT |ANSWER✔✔-Oversees |all |uses |of |IT |and |ensures |
the |strategic |alignment |of |IT |with |business |goals |and |objectives
Chief |Knowledge |Officer |(CKO) |- |CORRECT |ANSWER✔✔-Responsible |for |collecting, |
maintaining, |and |distributing |the |organizations |knowledge.
Chief |Privacy |Officer |(CPO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |ethical |and |
legal |use |of |information.
Chief |Security |Officer |(CSO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |security |of |
the |IT |systems
Chief |Technology |Officer |(CTO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |
throughput, |speed, |accuracy, |availability, |and |reliability |of |IT.
, Business |Strategy |- |CORRECT |ANSWER✔✔-A |leadership |plan |that |achieves |a |specific |set |of |
goals |or |objectives. |Such |as
- |developing |new |products/ |services
- |entering |new |markets
- |increasing |customer |loyalty
- |attracting |new |customers
Competitive |Advantage |- |CORRECT |ANSWER✔✔-A |product |or |service |that |an |organizations |
customers |place |a |greater |value |on |than |similar |offerings |from |a |competitor.
First-mover |advantage |- |CORRECT |ANSWER✔✔-Occurs |when |an |organization |can |significantly |
impact |its |markets |share |by |being |first |to |market |with |a |competitive |advantage.
SWOT |analysis |- |CORRECT |ANSWER✔✔-evaluates |an |organizations |strengths, |weaknesses, |
opportunities, |and |threats |to |identify |significant |influences.
Porters |5 |forces |- |CORRECT |ANSWER✔✔--Threat |of |substitutes |
-Buyer |power
-Supplier |power
-Threat |of |new |entrants
-Rivalry |among |existing |competitors
Buyer |Power |- |CORRECT |ANSWER✔✔-The |ability |of |buyers |to |affect |the |price |of |an |item
EX: |Switching |cost, |Loyalty |programs
Supplier |Power |- |CORRECT |ANSWER✔✔-Suppliers |ability |to |influence |the |prices |they |charge |
for |supplies
Questions With Correct Answers
Fact |- |CORRECT |ANSWER✔✔-Conformation |or |validation |of |an |event |or |resource
Information |age |- |CORRECT |ANSWER✔✔-The |present |time, |during |which |infinite |quantities |of |
facts |are |widely |available |to |anyone |who |can |use |a |computer.
Internet |of |Things |(IoT) |- |CORRECT |ANSWER✔✔-World |where |interconnected, |internet-
enabled |devices |or |"things" |have |the |ability |to |collect |and |share |data |without |human |
intervention.
Machine-to |Machine |(M2M) |- |CORRECT |ANSWER✔✔-Refers |to |a |device |that |connect |directly |
to |other |devices.
Core |drivers |of |the |Information |age |- |CORRECT |ANSWER✔✔-Data,Information, |Business |
intelligence, |Knowledge
Data |- |CORRECT |ANSWER✔✔-Raw |facts |that |desire |the |characteristics |of |an |event |or |object.
Structured |data |- |CORRECT |ANSWER✔✔-Stored |in |a |traditional |system |such |as |a |relational |
database |or |spreadsheet.
Machine |Generated |data |- |CORRECT |ANSWER✔✔-Created |by |a |machine |without |human |
intervention
Human |generated |data |- |CORRECT |ANSWER✔✔-Data |that |humans, |in |interaction |with |
computers, |generate
,Unstructured |data |- |CORRECT |ANSWER✔✔-Not |defined |and |does |not |follow |a |specific |format
Snapshot |- |CORRECT |ANSWER✔✔-A |view |of |data |at |a |particular |point |in |time
Information |- |CORRECT |ANSWER✔✔-Data |converted |into |a |meaningful |and |useful |context
Report |- |CORRECT |ANSWER✔✔-Document |containing |data |organized |in |a |table, |matrix, |or |
graphical |format |allowing |users |to |easily |comprehend |and |understand |information
Static |report |- |CORRECT |ANSWER✔✔-Created |once |based |on |data |that |does |not |change
Dynamic |report |- |CORRECT |ANSWER✔✔-Changes |automatically |during |creation
Business |intelligence |- |CORRECT |ANSWER✔✔-Information |collected |from |multiple |suppliers, |
consumers, |competitors, |partners, |and |industries, |that |analyze |patterns, |trends, |and |
relationships |for |strategic |decision |making
Analytics |- |CORRECT |ANSWER✔✔-The |science |of |fact-based |decision |making
Descriptive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |describes |past |performance |and |
history
Predictive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |extracts |information |from |data |
and |uses |it |to |predict |future |trends |and |identify |behavioral |patterns
Prescriptive |Analytics |- |CORRECT |ANSWER✔✔-Technique |that |create |models |indicating |the |
best |decision |to |make |or |course |of |action |to |take
,Knowledge |- |CORRECT |ANSWER✔✔-Skills, |experience, |and |expertise |coupled |with |information
|and |intelligence |that |creates |a |persons |intellectual |resources
Knowledge |worker |- |CORRECT |ANSWER✔✔-Individual |valued |for |their |ability |to |interpret |and |
analyze |information
Systems |thinking |- |CORRECT |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.
Management |Information |Systems |(MIS) |- |CORRECT |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
Chief |Information |Officer |(CIO) |- |CORRECT |ANSWER✔✔-Oversees |all |uses |of |IT |and |ensures |
the |strategic |alignment |of |IT |with |business |goals |and |objectives
Chief |Knowledge |Officer |(CKO) |- |CORRECT |ANSWER✔✔-Responsible |for |collecting, |
maintaining, |and |distributing |the |organizations |knowledge.
Chief |Privacy |Officer |(CPO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |ethical |and |
legal |use |of |information.
Chief |Security |Officer |(CSO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |security |of |
the |IT |systems
Chief |Technology |Officer |(CTO) |- |CORRECT |ANSWER✔✔-Responsible |for |ensuring |the |
throughput, |speed, |accuracy, |availability, |and |reliability |of |IT.
, Business |Strategy |- |CORRECT |ANSWER✔✔-A |leadership |plan |that |achieves |a |specific |set |of |
goals |or |objectives. |Such |as
- |developing |new |products/ |services
- |entering |new |markets
- |increasing |customer |loyalty
- |attracting |new |customers
Competitive |Advantage |- |CORRECT |ANSWER✔✔-A |product |or |service |that |an |organizations |
customers |place |a |greater |value |on |than |similar |offerings |from |a |competitor.
First-mover |advantage |- |CORRECT |ANSWER✔✔-Occurs |when |an |organization |can |significantly |
impact |its |markets |share |by |being |first |to |market |with |a |competitive |advantage.
SWOT |analysis |- |CORRECT |ANSWER✔✔-evaluates |an |organizations |strengths, |weaknesses, |
opportunities, |and |threats |to |identify |significant |influences.
Porters |5 |forces |- |CORRECT |ANSWER✔✔--Threat |of |substitutes |
-Buyer |power
-Supplier |power
-Threat |of |new |entrants
-Rivalry |among |existing |competitors
Buyer |Power |- |CORRECT |ANSWER✔✔-The |ability |of |buyers |to |affect |the |price |of |an |item
EX: |Switching |cost, |Loyalty |programs
Supplier |Power |- |CORRECT |ANSWER✔✔-Suppliers |ability |to |influence |the |prices |they |charge |
for |supplies
