MANAGEMENT INFORMATION SYSTEMS ELITE
REVIEW STUDY GUIDE SUMMARY WITH
SOLVED QUESTIONS AND RATIONALES
GUARANTEED PASS 2026
◉Information Age . Answer: Current era where infinite quantities of
facts are accessible digitally.
◉IoT (Internet of Things) . Answer: Network of devices connected to
the Internet with minimal human input.
◉M2M (Machine-to-Machine) . Answer: Direct communication
between devices.
◉Data . Answer: Raw facts.
◉Structured Data . Answer: Defined format: spreadsheets, databases.
◉Unstructured Data . Answer: No defined format: text, audio, video.
◉Big Data 4 Vs . Answer: Volume, Velocity, Variety, Veracity.
,◉Information . Answer: Data in context.
◉Reports . Answer: Static (one-time snapshot) vs Dynamic (real-time
updates).
◉Business Intelligence (BI) . Answer: Information collected from
multiple sources to spot patterns and trends.
◉Analytics Types . Answer: Descriptive (what happened), Diagnostic
(why it happened), Predictive (what will happen), Prescriptive (what
should we do).
◉Knowledge . Answer: BI + expertise.
◉Knowledge Assets . Answer: the human, structural, and recorded
resources available to the organization
◉Knowledge Worker . Answer: Valued for interpreting data (e.g., data
analyst).
◉Systems Thinking . Answer: Viewing a business as an interconnected
system.
, ◉What is the process of systems thinking? . Answer: Inputs-Process-
Outputs-Feedback
◉Data Silo . Answer: occurs when one business unit is unable to freely
communicate with other business units making it difficult or impossible
for organizations to work cross-functionally
◉MIS (Management Information Systems) . Answer: A business
function that integrates people, processes, technology.
◉MIS Goal . Answer: Moves information across departments to support
decision making
◉CIO . Answer: Chief Information Officer- Strategic MIS alignment
with business.
◉CTO . Answer: Chief Technology Officer-Ensures system speed,
availability, reliability.
◉CDO . Answer: Chief Data Officer-Determines what data to capture
and manage.
◉CSO . Answer: Chief Security Officer-Safeguards against cyber
threats.
REVIEW STUDY GUIDE SUMMARY WITH
SOLVED QUESTIONS AND RATIONALES
GUARANTEED PASS 2026
◉Information Age . Answer: Current era where infinite quantities of
facts are accessible digitally.
◉IoT (Internet of Things) . Answer: Network of devices connected to
the Internet with minimal human input.
◉M2M (Machine-to-Machine) . Answer: Direct communication
between devices.
◉Data . Answer: Raw facts.
◉Structured Data . Answer: Defined format: spreadsheets, databases.
◉Unstructured Data . Answer: No defined format: text, audio, video.
◉Big Data 4 Vs . Answer: Volume, Velocity, Variety, Veracity.
,◉Information . Answer: Data in context.
◉Reports . Answer: Static (one-time snapshot) vs Dynamic (real-time
updates).
◉Business Intelligence (BI) . Answer: Information collected from
multiple sources to spot patterns and trends.
◉Analytics Types . Answer: Descriptive (what happened), Diagnostic
(why it happened), Predictive (what will happen), Prescriptive (what
should we do).
◉Knowledge . Answer: BI + expertise.
◉Knowledge Assets . Answer: the human, structural, and recorded
resources available to the organization
◉Knowledge Worker . Answer: Valued for interpreting data (e.g., data
analyst).
◉Systems Thinking . Answer: Viewing a business as an interconnected
system.
, ◉What is the process of systems thinking? . Answer: Inputs-Process-
Outputs-Feedback
◉Data Silo . Answer: occurs when one business unit is unable to freely
communicate with other business units making it difficult or impossible
for organizations to work cross-functionally
◉MIS (Management Information Systems) . Answer: A business
function that integrates people, processes, technology.
◉MIS Goal . Answer: Moves information across departments to support
decision making
◉CIO . Answer: Chief Information Officer- Strategic MIS alignment
with business.
◉CTO . Answer: Chief Technology Officer-Ensures system speed,
availability, reliability.
◉CDO . Answer: Chief Data Officer-Determines what data to capture
and manage.
◉CSO . Answer: Chief Security Officer-Safeguards against cyber
threats.
