AND ANSWERS
What is a fact? - ANS the confirmation or validation of an event or object
What are the core drivers of the information age? - ANS 1. data
2. information
3. business intelligence
4. knowledge
What is the information age? - ANS the present time, during which infinite quantities of facts
are widely available to anyone who can use a computer
What is data? - ANS the raw facts that describe the characteristics of an even or object
What is information? - ANS data converted into meaningful and useful context
What is business intelligence (BI)? - ANS information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making
What is knowledge? - ANS the skills, experience, and expertise, coupled with information
and intelligence, that creates a person's intellectual resources
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, What are knowledge workers? - ANS individuals valued for their ability to interpret and
analyze information
What is 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
What is feedback? - ANS information that returns to its original transmitter (input,
transform, or output) and modifies the transmitter's actions
What are management information systems (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
chief Information Officer (CIO) - ANS responsible for overseeing all uses of MIS and ensuring
that MIS strategically aligns with business goals and objectives
chief knowledge officer (CKO) - ANS responsible for collecting, maintaining, and distributing
company knowledge
chief privacy officer (CPO) - ANS responsible for ensuring the ethical and legal use of
information within a company
chief security officer (CSO) - ANS responsible for ensuring the security of business systems
and developing strategies and safeguards against attacks by hackers and viruses
chief technology officer (CTO) - ANS responsible for ensuring the speed, accuracy,
availability, and reliability of the MIS
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