BTMA 317 Chapter 1 questions with 100% correct answers 2023

BTMA 317 Chapter 1Management Information System - correct answer Deals with the planning for, development, management and use of information technology tools to help people perform all tasks related to information processing and management. 3 Important Organization Resources - correct answer Information, people and technology. Data - correct answer Raw facts that describe a particular phenomenon such as the current temperature, the price of a movie rental or your age. Information - correct answer Data that has a particular meaning within a specific context. Business Intelligence - correct answer Collective information about customers, competitors and business partners that enable you to make effective, important and often strategic decisions Upward - correct answer Through the hierarchy of an organization, the information becomes less detailed as it progresses upward, as sales managers only receive a summery of transactions and revenue rather than an entire detailed transaction report. Downward - correct answer Goals, strategies and directives that originate at a higher level are passed to lower levels in downward information flows Horizontal - correct answer Information flows horizontally between functional business units and work teams. All units of your organization need to inform other units of their processes and be informed by the other units regarding their processes. Outward - correct answer Information is communicated from and to customers, suppliers, distributors and other partners for the purpose of doing business. Internal Information - correct answer Describes specific operations aspects of an organization