CHAPTER 1: INFORMATION MANAGEMENT IN A GLOBAL
ECONOMY
Multiple Choice
1. Fundamental fact, figures, observations, and measurements, without context or
organization are
a) wisdom.
b) data.
c) information.
d) knowledge.
Ans: b
Level: easy
2. Processed data, data that have been organized and interpreted, and possibly formatted,
filtered, analyzed, and summarized is
a) wisdom.
b) data.
c) information.
d) knowledge.
,Ans: c
Level: easy
3. An understanding, or model, about people, objects, or events, derived from information
about them, is
a) wisdom.
b) data.
c) information.
d) knowledge.
Ans: d
Level: easy
4. The ability to use knowledge for a purpose is
a) wisdom.
b) data.
c) information.
d) knowledge.
Ans: a
Level: easy
,5. According to the text, organizations can use knowledge as all of the following except
a) a resource.
b) an asset.
c) a product.
d) a process.
Ans: d
Level: intermediate
6. Money, people, raw materials, machinery, and time are all examples of
a) assets.
b) products.
c) resources.
d) processes.
Ans: c
Level: intermediate
7. The equipment used in electronic information processing is referred to as
a) computer hardware.
b) computer software.
c) database management systems.
, d) data communications.
Ans: a
Level: easy
8. Which of the following provides the instructions, in the form of computer code and its
accompanying documentation, for processing data electronically?
a) Computer hardware
b) Computer software
c) Database management systems
d) Data communications
Ans: b
Level: easy
9. Which of the following stores and supports the processing of large quantities of business
information, such as data on employees, products, customers, and suppliers?
a) Computer hardware
b) Computer software
c) Database management systems
d) Data communications