57 Questions
What is the main focus of business analytics?
Generating insights for decision-making
How does business analytics 'transform data'?
By converting data into actionable insights
What is the purpose of applying analytics to business data?
To describe past trends and diagnose problems
What does Business Intelligence (BI) aim to provide organizations with?
Actionable insights for decision-making
What does the Business Intelligence Process focus on improving?
Strategic decision-making
What is the key objective of the suite of technologies used for Business Intelligence?
Analyzing current and historical data for strategic decision-making
What is the primary definition of data according to the text?
Raw facts
Which part of the course covers the application of Integrated Management Systems like ERP and CRM in organizations?
Fundamentals of Information Systems
What is the focus of Part 3 in the course 'Fundamentals of Information Systems Management'?
Ethical issues
In the context of data management, what is meant by 'Just number(s) and /or text'?
Raw facts without context
Which course section specifically addresses foundations of data management, including security, ethics, and sustainability considerations?
Part 1: Data; Data Management
'Fundamentals of Information Systems, including their composition and functions in organizations' is a part of which course objective?
Course Objective 1
What is the main difference between data and information?
Data is raw facts, while information includes context.
How is information different from data?
Information includes processed data, while data is just raw facts.
What does 'data transformation' involve?
Summarizing and organizing data
What characterizes properties of information like 'intangibility & non-rivalrousness'?
Low reproduction costs
How are databases typically structured?
Databases are organized and stored digitally for easy access.
What is the main function of relational databases?
Relational databases organize data based on relationships between entities.
What is the main purpose of descriptive analytics?
Identify trends and relationships in current and historical data
Which tool can be used for descriptive analytics?
Microsoft Excel
What question does predictive analytics aim to answer?
What might happen in the future?
What type of data analytics is used to determine the causes of trends and correlations?
Diagnostic analytics
In business intelligence, what kind of data can be analyzed to gain insights into how the business is performing?
Both past and current data
Which type of analytics can be viewed as a logical next step after using descriptive analytics to identify trends?
Diagnostic analytics
What is the main purpose of application security measures?
To prevent data or code within the app from being stolen
Which of the following is NOT considered a type of malware?
Firewalls
What do botnets consist of?
Networks of compromised computers controlled by a central command system
Which cyber-attack renders a service or system unavailable by flooding it with requests?
Distributed Denial-of-Service (DoS/DDoS)
What is the defining characteristic of malware according to the text?
Intent to cause harm
What is the primary purpose of prescriptive analytics?
To determine an optimal course of action
Which method is often utilized in prescriptive analytics to identify possible options and make recommendations?
Probabilities
What core principle does the GDPR not require from companies?
Allowing unrestricted transfer of personal data to any country
What aspect does regression analysis primarily focus on?
Determining relationships between variables
Based on the information privacy rights court decisions mentioned, what must privacy be balanced against?
Societal needs
Which tool should effectively answer specific business needs according to the text?
Decision trees
Which statement accurately reflects the relationship between the public's right to know and an individual's right to privacy, as per the content?
Public's right to know overrides individual privacy rights
What does sustainable computing primarily aim to achieve?
Environmental friendliness in IT operations
Which storage method involves storing digital information on local servers and newer methods like cloud storage?
On-premise storage
In the context of information privacy rights as discussed, what is the key aspect that makes privacy not an absolute right?
Balancing individual privacy and societal needs
What is one specific restriction imposed by the GDPR on EU member nations regarding personal data transfer?
Data cannot be transferred to countries with different privacy protections
What is the primary function of a primary key in a relational database?
To uniquely identify records within a table
What distinguishes a relational database from document databases and key-value stores?
Relational databases use tables with rows and columns
In a relational database, what is the role of foreign keys?
To link tables by referencing primary keys from other tables
What does it mean for tables to be 'linked using related data' in a relational database?
Tables have primary keys that can be used as foreign keys in other tables
Which concept refers to protecting data, regardless of its form, and includes securing data stored electronically as well as physical security measures?
Information Security (InfoSec)
Why do relational databases earn their name according to the text?
As a result of linking tables using primary and foreign keys
What does IT security primarily aim to protect in technological systems?
Assets
Which type of security measure refers to securing access through login rights to use a service hosted by a cloud services provider?
Cloud security
Which aspect of Information Security involves protecting data stored electronically and using measures like encryption?
Data security
In the context of cloud computing, what does SaaS stand for?
Software as a Service
Which term describes the infrastructure, platforms, and applications hosted by a cloud services provider to support the licensing and delivery of software?
Platform-as-a-Service (PaaS)
What is the primary focus of business analytics?
Generating insights to positively influence business decisions
In the context of business intelligence, what is the main purpose of creating BI systems and processes?
To improve strategic decision-making and gain a competitive advantage
What distinguishes Business Intelligence (BI) from Business Analytics (BA)?
BI focuses on producing actionable insights, while BA focuses on generating insights from data.
What is the key objective of applying analytics to business data?
To describe past trends, diagnose problems, predict future course, and prescribe actions
How does the Business Intelligence Process contribute to an organization's success?
By organizing technologies for analyzing data to improve strategic decision-making
What characterizes the relationship between Business Analytics and Business Intelligence?
BI systems support the production of business intelligence derived from BA insights
Explore the concept of business analytics and its applications in making informed business decisions. Learn how organizations use analytics to transform data into actionable insights that drive performance and strategy.
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