Business Analytics Overview

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30 Questions

What is the main purpose of cybersecurity?

To prevent unauthorized access and malicious attacks

Which type of security focuses on protecting desktops, laptops, and mobile devices from malicious activity?

Endpoint security

What does cloud security primarily aim to protect?

Cloud infrastructure and applications

Which area of cybersecurity focuses on safeguarding critical infrastructure from cyberattacks?

Network security

What distinguishes cybersecurity from general security?

Cybersecurity targets non-malicious issues, general security deals with malicious activities.

Which type of IT security is concerned with protecting server failures and faulty hardware components?

General security

What is the fundamental difference between data and information?

Data lacks context while information has context

Which of the following is NOT a property of information according to the text?

High marginal costs of reproduction

In the context of databases, what does data transformation involve?

Regrouping and clustering data

What is the primary function of a relational database?

Facilitating easy access to data based on relationships

How are databases typically structured?

As a collection of organized and stored information

Which of the following activities is NOT part of transforming raw data into information?

Storing digitally

What is the main focus of Business Analytics?

Generating insights that positively influence business decisions

How does Business Intelligence contribute to organizations?

By providing actionable insights for decision-making

What is the primary objective of a Business Intelligence Process?

Improving strategic decision-making

How does Business Analytics differ from Business Intelligence?

Business Analytics focuses on generating insights, while Business Intelligence deals with actionable insights

Why do organizations apply analytics to business data?

To predict future course and diagnose problems

What is the role of BI systems in organizations?

Supporting the production of business intelligence

What is the main concern of information privacy issues in the digital age?

Determining the extent of information gathering

Which dimension of information ethics involves the protection of information products as intellectual property through individual ownership?

Information property rights

What do information accuracy issues primarily focus on?

Authenticity, fidelity, and correctness of information

Who should primarily have access to information according to information accessibility issues?

Individuals concerned and without any fee

What principles are included in most European and U.S. privacy laws regarding the collection and use of information?

Principles based on mutual interest between organizations and individuals

What is the core foundation of ethical guidelines governing personal information in the digital age?

Balancing mutual interest between organizations and individuals

What is the main difference between accountability and liability?

Accountability focuses on responsibility for actions, while liability involves recovering damages.

Why is it important to understand that unethical actions are not necessarily illegal?

To recognize that moral and legal standards can differ.

How do Information Systems contribute to raising ethical issues?

By creating platforms for ethical debates.

Why are questions about government censorship and online anonymity considered ethical dilemmas?

Due to the potential implications for privacy and accountability.

How can companies balance the collection of personal data for profit with ethical considerations?

By obtaining explicit consent and ensuring data protection measures.

In what way do information systems highlight the importance of freedom of speech in the context of misinformation?

By enabling swift correction of false information.

This quiz provides an overview of business analytics, focusing on methods, models, and decisions as discussed in 'Methods, Models and Decisions' by Evans (2013) and 'Big Data Computing: A Guide for Business and Technology Managers' by V. Kale (2016). It covers the application of analytics to business data, transforming data into actionable insights to drive business decisions and improve performance.

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