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Business Driven Information Systems questions with answers.

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Business Driven Information Systems questions with answers.

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Business Driven Information Systems
questions with answers.

Information Age ANS - infinite quantities of facts are widely available to anyone who can use a
computer



The core drivers of the information age: ANS - Data

Information

Business intelligence

Knowledge



Data ANS - Raw facts that describe the characteristics of an event or object



Information ANS - Data converted into a meaningful and useful context



Business Intelligence ANS - Information collected from multiple sources such as suppliers customers
competitors partners and industries that analyzes patterns trends and relationships for strategic
decision making.



Knowledge ANS - Skills experience and expertise coupled with information and intelligence that creates
a person's intellectual resources



Companies are typically organized by department or functional area such as: ANS - Accounting

Finance

Human resources

Marketing

Operations management

Sales

, Accounting ANS - Records

measures

reports monetary transactions



Finance ANS - Deals with strategic financial issues including money banking credit investments and
assets



Human resources ANS - Maintains policies plans and procedures for the effective management of
employees



Marketing ANS - Supports sales by planning pricing and promoting goods or services



Operations management ANS - Manages the process of converting or transforming of resources into
goods or services



Sales ANS - Performs the function of selling goods or services



Systems Thinking ANS - A way of monitoring the entire system by viewing multiple inputs being
processed or transformed to produce outputs while continuously gathering feedback on each part



Feedback ANS - Feedback is information that returns to its original transmitter (input transform or
output) and modifies the transmitter's actions



(MIS) ANS - A business function like accounting and human resources which moves information about
people products and processes across the company to facilitate decision-making and problem-solving



(CIO) ANS - Chief Information Officer (CIO)—Oversees all uses of IT and ensures the strategic alignment
of IT with business goals and objectives



(CKO) ANS - Chief Knowledge Officer (CKO)—Responsible for collecting maintaining and distributing the
organization's knowledge

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