Management Exam 565 Questions with Verified
Answers
The confirmation or validation of an event or object - CORRECT ANSWER fact
A time when infinite quantities of facts are widely available to anyone who can
use a computer - CORRECT ANSWER information age
A world where interconnected Internet-enabled devices or "things" have the
ability to collect and share data without human intervention - CORRECT ANSWER
internet of things (IoT)
refers to devices that connect directly to there devices - CORRECT ANSWER
machine-to-machine (M2M)
The collection of data from various sources for the purpose of data processing -
CORRECT ANSWER data aggregation
data that has defined length, type and format and includes numbers, dates, or
strings such as Customer Address - CORRECT ANSWER structured data
a blend of the physical, virtual, and electronic environments creating a real-time
ambient environment that changes as the user moves form one place to another -
CORRECT ANSWER ambient digital experience
,a concept that extends the Internet of Things (IoT) emphasis on machine-to-
machine communications to describe a more complex system that also
encompasses people and processes - CORRECT ANSWER Internet of Everything
(IoE)
software that carries out some set of operations on behalf of a user or another
program with some degree of independence or autonomy, and employ some
knowledge or representation of the user's goals or desires - CORRECT ANSWER
autonomous agent
a self-managing computing model named after, and patterned on, the human
body's autonomic nervous system - CORRECT ANSWER autonomic computing
the technical core, especially in manufacturing organizations; the actual
conversion of inputs to outputs - CORRECT ANSWER transformation process
the term used to describe the difference between the cost of inputs and the value
of price of outputs - CORRECT ANSWER value-added
consists of several stand alone businesses - CORRECT ANSWER strategic business
units (SBUs)
sales forecasts to make sure that needed parts and materials are available at the
right time and place in a specific company - CORRECT ANSWER materials
requirement planning (MRP) system
,focuses on producing goods and services as efficiently as possible within the
strategic plan - CORRECT ANSWER tactical planning
deals with the day to day procedures for performing work, including scheduling,
inventory, and process management - CORRECT ANSWER operational planning
and control (OP&C)
a non-governmental organization established in 1947 to promote the
development of world standards to facilitate the international exchange of goods
and services - CORRECT ANSWER International Organization for Standardization
(ISO)
main goal is to produce defect free products - CORRECT ANSWER process quality
the goal is to detect potential problems to prevent their occurrence and achieve
no more than 3.4 defects per million opportunities - CORRECT ANSWER six sigma
quality
1987 U.S. standard awarding quality awards in seven key areas: leadership,
strategic planning, customer/market focus, information and analysis, human
resources focus, process management, and business results - CORRECT ANSWER
malcolm baldric national quality awards
international organization for standardization (1947) requiring a company to
determine customer needs, including regulatory and legal requirements including
communication arrangements. Other standards involve process control, product
testing, storage and delivery. - CORRECT ANSWER ISO 900
, collection of best practices for managing an organizations impact on the
environment - CORRECT ANSWER ISO 14000
capability maturity integration is a framework for best practices. Does not
describe the processes themselves; it describes the characteristics of good
processes, thus providing efficient guidelines. - CORRECT ANSWER CMMI
land, labor, capital, information - CORRECT ANSWER inputs
conversion process - CORRECT ANSWER transformation
goods & services - CORRECT ANSWER outputs
combines multiple network storage devices so that they appear to be a single
storage device - CORRECT ANSWER storage virtualization
combines networks by splitting the available bandwidth into independent
channels that an be assigned in real time to a specific device - CORRECT ANSWER
network virtualization
combines the physical resources, such as servers, processors, and operating
systems, from the applications - CORRECT ANSWER server virtualization
the ability to present the resources of a single computer as if it is a collation of
separate computers (virtual machines) - CORRECT ANSWER system virtualization