CPT 113 Final Exam actual questions and
CORRECT answers
Computer Literacy - CORRECT ANSWER is skill in using productivity software, such
as word processors, spreadsheets, database management systems, and presentation software,
as well as having a basic knowledge of hardware and software, the Internet, and collaboration
tools and technologies.
Data - CORRECT ANSWER consists of raw facts and is a component of an
information system.
Database - CORRECT ANSWER is a collection of all relevant data organized in a
series of integrated files.
Michael Porter's Five Forces Model - CORRECT ANSWER analyzes an organization,
its position in the marketplace, and how information systems could be used to make it more
competitive.
Information - CORRECT ANSWER consists of facts that have been analyzed by the
process component and is an output of an information system.
Information Literacy - CORRECT ANSWER is understanding the role of information
in generating and using business intelligence.
Management Information Systems (MIS) - CORRECT ANSWER is an organized
integration of hardware and software technologies, data, processes, and human elements
designed to produce timely, integrated, relevant, accurate, and useful information for
decision-making purposes.
Process - CORRECT ANSWER component of an information system generates the
most useful type of information for decision making, including transaction-processing reports
and models for decision analysis.
, Transaction Processing Systems (TPS) - CORRECT ANSWER focus on data collection
and processing; the major reason for using them is cost reduction.
Collaborative Filtering (CF) - CORRECT ANSWER a search for specific information
or patterns, using input from multiple business partners and data sources. It identifies groups
of people based on common interests and recommends products or services based on what
members of the group purchased or did not purchase.
Collaborative Planning - CORRECT ANSWER used to coordinate supply chain
members through point-of-sale (POS) data sharing and joint planning.
Customer relationship management (CRM) - CORRECT ANSWER consists of the
processes a company uses to track and organize its contacts with customers. It improves
services offered to customers and uses customer contact information for targeted marketing
Electronic Data Interchange (EDI) - CORRECT ANSWER enables business partners to
send and receive information on business transactions
Enterprise resource planning (ERP) - CORRECT ANSWER an integrated system that
collects and processes data and manages and coordinates resources, information, and
functions throughout an organization.
Enterprise System - CORRECT ANSWER an application used in all the functions of a
business that supports decision making throughout the organization
Knowledge Management - CORRECT ANSWER draws on concepts of organizational
learning, organizational culture, and best practices to convert tacit knowledge into explicit
knowledge, create a knowledge-sharing culture in an organization, and eliminate obstacles to
sharing knowledge
Reverse Auction - CORRECT ANSWER invites sellers to submit bids for products and
services. In other words, there is one buyer and many sellers: a one-to-many relationship. The
buyer can choose the seller that offers the service or product at the lowest price.
CORRECT answers
Computer Literacy - CORRECT ANSWER is skill in using productivity software, such
as word processors, spreadsheets, database management systems, and presentation software,
as well as having a basic knowledge of hardware and software, the Internet, and collaboration
tools and technologies.
Data - CORRECT ANSWER consists of raw facts and is a component of an
information system.
Database - CORRECT ANSWER is a collection of all relevant data organized in a
series of integrated files.
Michael Porter's Five Forces Model - CORRECT ANSWER analyzes an organization,
its position in the marketplace, and how information systems could be used to make it more
competitive.
Information - CORRECT ANSWER consists of facts that have been analyzed by the
process component and is an output of an information system.
Information Literacy - CORRECT ANSWER is understanding the role of information
in generating and using business intelligence.
Management Information Systems (MIS) - CORRECT ANSWER is an organized
integration of hardware and software technologies, data, processes, and human elements
designed to produce timely, integrated, relevant, accurate, and useful information for
decision-making purposes.
Process - CORRECT ANSWER component of an information system generates the
most useful type of information for decision making, including transaction-processing reports
and models for decision analysis.
, Transaction Processing Systems (TPS) - CORRECT ANSWER focus on data collection
and processing; the major reason for using them is cost reduction.
Collaborative Filtering (CF) - CORRECT ANSWER a search for specific information
or patterns, using input from multiple business partners and data sources. It identifies groups
of people based on common interests and recommends products or services based on what
members of the group purchased or did not purchase.
Collaborative Planning - CORRECT ANSWER used to coordinate supply chain
members through point-of-sale (POS) data sharing and joint planning.
Customer relationship management (CRM) - CORRECT ANSWER consists of the
processes a company uses to track and organize its contacts with customers. It improves
services offered to customers and uses customer contact information for targeted marketing
Electronic Data Interchange (EDI) - CORRECT ANSWER enables business partners to
send and receive information on business transactions
Enterprise resource planning (ERP) - CORRECT ANSWER an integrated system that
collects and processes data and manages and coordinates resources, information, and
functions throughout an organization.
Enterprise System - CORRECT ANSWER an application used in all the functions of a
business that supports decision making throughout the organization
Knowledge Management - CORRECT ANSWER draws on concepts of organizational
learning, organizational culture, and best practices to convert tacit knowledge into explicit
knowledge, create a knowledge-sharing culture in an organization, and eliminate obstacles to
sharing knowledge
Reverse Auction - CORRECT ANSWER invites sellers to submit bids for products and
services. In other words, there is one buyer and many sellers: a one-to-many relationship. The
buyer can choose the seller that offers the service or product at the lowest price.
