BMAL-590 Information Management Systems Exam
Questions and Answers Grade A+
In business, organizations utilize information primarily in problem-solving or in
decision-making processes - Answer-Problem-solving and decision-making require
information. Gathering the correct information efficiently, storing it in such a way
that it is accessible, and utilizing it to help an organization achieve its business
goals are the keys to success in any business environment.
Data - Answer-the raw material necessary for the creation of information
Raw data is rarely meaningful or as useful as information without dissemination;
data is used to build information. In order for data to become information, data
must be compiled, manipulated, analyzed, or utilized in such a way in which it
leads to an improved understanding of a situation.
information - Answer-the facts or conclusions derived that have meaning within a
given context
,In order for information to be useful in decision-making and problem-solving,
information must be presented in a meaningful and logical way within a specific
context.
The only thing more harmful than no information is partial or inaccurate
information
system - Answer-a set of detailed procedures, methods, processes, or course of
action intended to achieve a specific result or carry out a particular activity.
Components and parts of a system and interrelated steps work together for the
good of the whole. A successful business attains results that are consistent,
measurable, and ultimately benefit customers.
Subsystem - Answer-a smaller component of a larger system
Systems thinking - Answer-Viewing an organization in terms of its subsystems
a complete approach to analysis focusing on the way a system's parts interrelate,
and how systems work over time and within the context of larger systems.
,In order to solve problems, managers need to be able to identify the problem,
which is done by recognizing the subsystems in which the problems occur and
solving the problems within those subsystems' constraints and strengths. As an
added benefit, systems thinking can also support managers by keeping them
focused on the overall goals and operations of a business. Systems thinking
encourages the manager to consider the entire system, not only their specific
subsystem when solving problems or making decisions.
information technology - Answer-Systems thinking is supported by information
technology
refers to all technologies, especially computers and telecommunications, that
collectively facilitate the building and maintaining of information management
systems. Systems thinking is the basic reasoning behind an organization's
dependence on computers and enterprise software applications.
Enterprise software applications - Answer-support business systems by ensuring
the flow of information throughout the entire organization.
synergy - Answer-refers to the combined effects produced by two or more parts,
elements, or individuals, which then produces an effect greater than the totality of
their separate effects.
, This synergy between computers and humans is the backbone of modern business.
Successful companies will find ways to harness this power to maximize business
and organizational success.
Synergy is realized by performing simultaneously and automatically the sequential
steps and tasks that once had to be performed manually.
information management system - Answer-Managers plan, control, and make
decisions and as long as a system supports one or more of these activities
Transaction processing systems (TPS) - Answer-most widely used information
systems in the world. The primary function of transaction processing systems is to
record data collected where an organization transacts business with other
organizations. TPS's can include point-of-sale (POS) machines, automatic teller
machines (ATM), and purchase order systems.
Business intelligence systems - Answer-refer to data and software tools for
organizing, analyzing, and providing access to data with the goal of helping
managers and other enterprise users make well-informed decisions. Business
intelligence systems address the decision-making needs of all levels of
management within a business.
Questions and Answers Grade A+
In business, organizations utilize information primarily in problem-solving or in
decision-making processes - Answer-Problem-solving and decision-making require
information. Gathering the correct information efficiently, storing it in such a way
that it is accessible, and utilizing it to help an organization achieve its business
goals are the keys to success in any business environment.
Data - Answer-the raw material necessary for the creation of information
Raw data is rarely meaningful or as useful as information without dissemination;
data is used to build information. In order for data to become information, data
must be compiled, manipulated, analyzed, or utilized in such a way in which it
leads to an improved understanding of a situation.
information - Answer-the facts or conclusions derived that have meaning within a
given context
,In order for information to be useful in decision-making and problem-solving,
information must be presented in a meaningful and logical way within a specific
context.
The only thing more harmful than no information is partial or inaccurate
information
system - Answer-a set of detailed procedures, methods, processes, or course of
action intended to achieve a specific result or carry out a particular activity.
Components and parts of a system and interrelated steps work together for the
good of the whole. A successful business attains results that are consistent,
measurable, and ultimately benefit customers.
Subsystem - Answer-a smaller component of a larger system
Systems thinking - Answer-Viewing an organization in terms of its subsystems
a complete approach to analysis focusing on the way a system's parts interrelate,
and how systems work over time and within the context of larger systems.
,In order to solve problems, managers need to be able to identify the problem,
which is done by recognizing the subsystems in which the problems occur and
solving the problems within those subsystems' constraints and strengths. As an
added benefit, systems thinking can also support managers by keeping them
focused on the overall goals and operations of a business. Systems thinking
encourages the manager to consider the entire system, not only their specific
subsystem when solving problems or making decisions.
information technology - Answer-Systems thinking is supported by information
technology
refers to all technologies, especially computers and telecommunications, that
collectively facilitate the building and maintaining of information management
systems. Systems thinking is the basic reasoning behind an organization's
dependence on computers and enterprise software applications.
Enterprise software applications - Answer-support business systems by ensuring
the flow of information throughout the entire organization.
synergy - Answer-refers to the combined effects produced by two or more parts,
elements, or individuals, which then produces an effect greater than the totality of
their separate effects.
, This synergy between computers and humans is the backbone of modern business.
Successful companies will find ways to harness this power to maximize business
and organizational success.
Synergy is realized by performing simultaneously and automatically the sequential
steps and tasks that once had to be performed manually.
information management system - Answer-Managers plan, control, and make
decisions and as long as a system supports one or more of these activities
Transaction processing systems (TPS) - Answer-most widely used information
systems in the world. The primary function of transaction processing systems is to
record data collected where an organization transacts business with other
organizations. TPS's can include point-of-sale (POS) machines, automatic teller
machines (ATM), and purchase order systems.
Business intelligence systems - Answer-refer to data and software tools for
organizing, analyzing, and providing access to data with the goal of helping
managers and other enterprise users make well-informed decisions. Business
intelligence systems address the decision-making needs of all levels of
management within a business.