complete solution 2025
fact - correct answer the information or validation of an event and or object
information age - correct answer infinite quantities of facts are wildly available
to anyone who can use a computer
information systems (IS) - correct answer computer based tools that people
use to work with information and that support information and processing
needs of the organization (not useful unless the right people know how to use
and manage them effectivly)
information tech. (IT) - correct answer the acquisition, processing, storage,
and dissemination of vocal, pictorial, and numerical information by
microelectronics base combination of computing and telecommunication
management information systems (MIS) - correct answer the function that
plans for, develops, implements, and maintains IT harware, software, and
applications that people use to support the goals of the organization
core drivers of information age - correct answer data, information, business
intelligence, knowledge
data - correct answer raw facts that describe the characteristics of an
object/event (ie date, item number)
information - correct answer data converted into meaningful context (ie best
selling item)
, business intelligence (BI) - correct answer information collected from multiple
sources such as suppliers, customers, competitors that analyze patterns and
trends for strategic decision making (variables such as interest rates, weather)
knowledge - correct answer information that is acted upon (presented in
excel)
factors of information and business success - correct answer IT, processes,
and people (in ascending priority)
four common information sharing cultures - correct answer information-
functional, information-sharing, information-inquiring, information-discovery
information-functional culture - correct answer info used as means of
exercising influence or power over others (ie sales manager refusing to share
info with marketing = marketing team needing sales manger input) results in
difficulty operating
information-inquring culture - correct answer employees department wide
search for info to better understand the future and align with current trends
information-sharing culture - correct answer employees department wide trust
each other to use info to improve performance
information-discover culture - correct answer all employees open to new
insights about crises and radical changes and seek ways to create
competitive advantages