WGU C201 | BUSINESS ACUMEN |
CHAPTER 14 QUESTIONS AND
ANSWERS GUARANTEED SUCCESS!!!
Data Management & Information Systems
Data This refers to the unprocessed numbers and basic facts collected by an
organization. On their own, these fragments may not yet have a direct impact on
strategic decision-making. ✔️✔️
Information The meaningful insights and knowledge extracted once raw data
has been analyzed, structured, and interpreted for use. ✔️✔️
Information System A structured framework designed to gather, archive, and
share historical, current, and forecasted data. It covers both internal company
logistics and external market intelligence. ✔️✔️
Chief Information Officer (CIO) The high-level executive tasked with
overseeing the organization’s information architecture, ensuring that
technological resources and data systems align with business goals. ✔️✔️
Computer-Based Information Systems Digital frameworks that utilize
hardware and software to maintain records. These systems ensure that data is
stored electronically in a way that is both highly organized and easily retrieved.
✔️✔️
Database Acting as a digital storage hub, this is a centralized and coordinated
repository where a company’s collective data resources are kept for integrated
access. ✔️✔️
, Types of Information Systems -ANSWER ✔️✔️Many different types of
information systems exist. In general, however, information systems fall into
two broad categories: operational support systems or management support
systems.
Management Information System (MIS) -ANSWER ✔️✔️An organized method
for providing past, present, and projected information on internal operations as
well as external intelligence to support managerial decision making.
Information systems for decision making -ANSWER ✔️✔️These programs link
users to data, allowing them to develop information for decision making. Types
of programs include Decision Support Systems (DSSs), Executive Support
Systems (EISs), and expert systems.
Trends information systems -ANSWER ✔️✔️Computers can be linked using
local area networks (LANs), and/or wide area networks (WANs). Enterprise
resource planning (ERP) unifies and integrates all of a firm's computer systems.
Application service providers (ASPs) specialize in providing both the computers
and the application support for managing information systems of clients.
Hardware -ANSWER ✔️✔️Consists of all tangible elements of a computer
system — the input devices, the components that store and process data and
perform required calculations, and the output devices that present the results to
information users.
Server -ANSWER ✔️✔️The heart of a mid range computer network, supporting
applications and allowing the sharing of output devices, software, and databases
among networked users.
Software -ANSWER ✔️✔️All the programs, routines, and computer languages
that control a computer and tell it how to operate.
CHAPTER 14 QUESTIONS AND
ANSWERS GUARANTEED SUCCESS!!!
Data Management & Information Systems
Data This refers to the unprocessed numbers and basic facts collected by an
organization. On their own, these fragments may not yet have a direct impact on
strategic decision-making. ✔️✔️
Information The meaningful insights and knowledge extracted once raw data
has been analyzed, structured, and interpreted for use. ✔️✔️
Information System A structured framework designed to gather, archive, and
share historical, current, and forecasted data. It covers both internal company
logistics and external market intelligence. ✔️✔️
Chief Information Officer (CIO) The high-level executive tasked with
overseeing the organization’s information architecture, ensuring that
technological resources and data systems align with business goals. ✔️✔️
Computer-Based Information Systems Digital frameworks that utilize
hardware and software to maintain records. These systems ensure that data is
stored electronically in a way that is both highly organized and easily retrieved.
✔️✔️
Database Acting as a digital storage hub, this is a centralized and coordinated
repository where a company’s collective data resources are kept for integrated
access. ✔️✔️
, Types of Information Systems -ANSWER ✔️✔️Many different types of
information systems exist. In general, however, information systems fall into
two broad categories: operational support systems or management support
systems.
Management Information System (MIS) -ANSWER ✔️✔️An organized method
for providing past, present, and projected information on internal operations as
well as external intelligence to support managerial decision making.
Information systems for decision making -ANSWER ✔️✔️These programs link
users to data, allowing them to develop information for decision making. Types
of programs include Decision Support Systems (DSSs), Executive Support
Systems (EISs), and expert systems.
Trends information systems -ANSWER ✔️✔️Computers can be linked using
local area networks (LANs), and/or wide area networks (WANs). Enterprise
resource planning (ERP) unifies and integrates all of a firm's computer systems.
Application service providers (ASPs) specialize in providing both the computers
and the application support for managing information systems of clients.
Hardware -ANSWER ✔️✔️Consists of all tangible elements of a computer
system — the input devices, the components that store and process data and
perform required calculations, and the output devices that present the results to
information users.
Server -ANSWER ✔️✔️The heart of a mid range computer network, supporting
applications and allowing the sharing of output devices, software, and databases
among networked users.
Software -ANSWER ✔️✔️All the programs, routines, and computer languages
that control a computer and tell it how to operate.
