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Test Bank for Analytics, Data Science & Artificial Intelligence Systems for Decision Support (11th Edition Sharda) (1)

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Test Bank for Analytics, Data Science & Artificial Intelligence Systems for Decision Support (11th Edition Sharda) (1)

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discrimination, gender inequality, and disability rights. Legally, there are numerous frameworks
and protections in place, such as anti-discrimination laws, but the challenge remains ensuring that
these legal provisions are enforced and that businesses go beyond mere compliance to foster
inclusive and fair work environments.#### 3.3 **Data Privacy and Security**As businesses
increasingly collect vast amounts of personal data, ethical and legal concerns about data privacy
and security have become more prominent. Companies face the ethical dilemma of balancing
their need for consumer data to improve products and services with the responsibility to protect
sensitive information. Legally, many jurisdictions have established laws that govern data
protection, such as the General Data Protection Regulation (GDPR) in the European Union.
However, with the rapid pace of technological change, laws often lag behind, and businesses
must carefully navigate the complex web of legal requirements related to consumer data.### 4.
**Ethical Issues in Technology**The rapid advancement of technology has introduced a host of
ethical and legal challenges. From artificial intelligence (AI) to
Test Bank For
Analytics, Data Science & Artificial Intelligence Systems for Decision Support (11th Edition Sharda)


Chapter 1 Overview of Business Intelligence, Analytics, Data Science, and Artificial
Intelligence: Systems for Decision Support

1) In the opening case KONE has minimized downtime and shortened the repair time.
Answer: TRUE
Diff: 2 Page Ref: 4

2) Intelligent technologies are limited to small-scale projects when they include AI combined
with IoT.
Answer: FALSE
Diff: 2 Page Ref: 5

3) Decision making is one of the most important activities in organizations of all kind– probably
the most important one.
Answer: TRUE
Diff: 1 Page Ref: 5

4) Managers historically considered decision making purely a science.
Answer: FALSE
Diff: 1 Page Ref: 6

5) With more data and analysis technologies, more alternatives can be evaluated, forecasts can be
improved, risk analysis can be performed quickly, and the views of experts can be collected
quickly and at a reduced cost.
Answer: TRUE
Diff: 2 Page Ref: 8

6) It is generally best to rely on a trial-and-error approach to management.
Answer: FALSE
Diff: 2 Page Ref: 7

, 7) A major characteristic of computerized decision support and many BI tools (notably those of
business analytics) is the inclusion of at least one model.
Answer: TRUE
Diff: 2 Page Ref: 13

8) The definition of implementation is straightforward because implementation is a simple, direct
process with defined boundaries.
Answer: FALSE
Diff: 2 Page Ref: 13
discrimination, gender inequality, and disability rights. Legally, there are numerous frameworks and
protections in place, such as anti-discrimination laws, but the challenge remains ensuring that these legal
provisions are enforced and that businesses go beyond mere compliance to foster inclusive and fair work
environments.#### 3.3 **Data Privacy and Security**As businesses increasingly collect vast amounts of
personal data, ethical and legal concerns about data privacy and security have become more prominent.
Companies face the ethical dilemma of balancing their need for consumer data to improve products and
services with the responsibility to protect sensitive information. Legally, many jurisdictions have established
laws that govern data protection, such as the General Data Protection Regulation (GDPR) in the European
Union. However, with the rapid pace of technological change, laws often lag behind, and businesses must
carefully navigate the complex web of legal requirements related to consumer data.### 4. **Ethical Issues in
Technology**The rapid advancement of technology has introduced a host of ethical and legal challenges.
From artificial intelligence (AI) to
9) Structured problems are encountered in only unique situations.
Answer: FALSE
Diff: 3 Page Ref: 16
10) Unstructured problems can be fully supported by standard computerized quantitative
methods.
Answer: FALSE
Diff: 3 Page Ref: 16

11) During the 1990s, the primary focus of information systems support for decision making
focused on providing structured, periodic reports that a manager could use for decision making.
Answer: FALSE
Diff: 3 Page Ref: 22

12) Decision support systems couple the intellectual resources of individuals with the capabilities
of the computer to improve the quality of decisions. It is a computer-based support system for
management decision makers who deal with semistructured problems.
Answer: TRUE
Diff: 2 Page Ref: 22

13) The term decision support system is a very specific term that implies the same tool, system,
and development approach to most developers.
Answer: FALSE
Diff: 3 Page Ref: 23

14) BI systems rely on a DW as the information source for creating insight and supporting
managerial decisions.
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