BUS 5114 Graded Quiz Unit 8 25 Questions And Answers( Complete Solution Rated A)..

BUS 5114 Graded Quiz Unit 8 A manager has to make an unstructured decision, which means that: Select one: a. The decision has a definite procedure to deal with the problem b. The manag er has to use j udgement based on previous experience, insight and careful evaluation c. The decision will result in no correct course of action d. No decision can be made e. The decision is based is not based on careful evaluation. The correct answer is: The manager has to use judgement based on previous experience, insight and careful evaluation Streamtech, a manufacturer of automobiles, recently received a patent for an unmanned search boat. By doing this, Streamtech has . Select one: a. locked in its suppliers b. created an entry barrier c. introduced product differentiation d. reduced the cost of operations The correct answer is: created an entry barrier By , we mean data that have been shaped into a form that is meaningful and useful to humans. The correct answer is: information is a new way of doing things that initially does not meet the needs of existing customers The correct answer is: Disruptive Technology From a business perspective, raw data is transformed systematically during various stages, transforming it into valuable information, in a process called Select one: a. the information value chain. b. the IT value chain. c. information processing. d. feedback. The correct answer is: the information value chain. The process of managing risks through developing a risk mitigation plan that predict, implement and maintain controls is referred as risk . Select one: a. Detection b. Planning c. Scrutiny d. Avoidance The correct answer is: Planning A statement that makes it clear what business a company is in: . The correct answer is: Mission Statement True/False: Big Data can enable modeling to test decisions before they are made. Select one: True False The correct answer is 'True'. Drawing on diverse yet predictable data resources to aggregate and summarize data is characteristic of: Select one: a. Management information systems b. Decision support systems c. Expert systems d. Transaction processing systems e. Collaboration system The correct answer is: Decision support systems Which of the following is NOT a step in the SDLC Methodology? Select one: a. Initiation b. Analysis c. Design d. Outsource e. Test The correct answer is: Outsource Having ACID compliance within a DBMS is not required for transactional systems such as SAP. Select one: True False The correct answer is 'False'. Bruce is organizing the immense amount of data that his firm collects in their customer relationship management system. He wants to be able to manipulate this information so that they can determine who their best customers are. Bruce will want to utilize , in order to accomplish this task. Select one: a. computer hardware b. computer software c. data management technology d. change management The correct answer is: data management technology The type of decision that can be made by following a definite procedure is called