Chapter 1
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Questions and Answers

What is the main difference between data and information?

  • Data and information both refer to knowledge within an organization.
  • Data and information are both unprocessed facts.
  • Data are raw facts, while information is processed data that has meaning. (correct)
  • Data and information are the same thing.

How is knowledge different from data and information?

  • Knowledge is the raw material of data and information.
  • Knowledge is another term for data.
  • Knowledge is the same as processed data.
  • Knowledge is the result of analyzing and understanding information. (correct)

What is the primary characteristic of data?

  • Raw and unprocessed (correct)
  • Meaningful and insightful
  • Historical and predictive
  • Actionable and decision-oriented

Which of the following is an example of data?

<p>An inventory part number (B)</p> Signup and view all the answers

Why is information considered one of an organization’s most valuable resources?

<p>It provides insights for decision-making and strategic planning. (B)</p> Signup and view all the answers

Which of the following best describes the difference between data and information?

<p>Data are raw facts, while information is processed data that has meaning within a context (A)</p> Signup and view all the answers

What distinguishes knowledge from data and information?

<p>Knowledge involves understanding and insights derived from information and data (A)</p> Signup and view all the answers

Which of the following is an accurate example of data?

<p>An inventory part number (A)</p> Signup and view all the answers

Why is information considered one of an organization’s most valuable resources?

<p>It enables informed decision-making and strategic planning (B)</p> Signup and view all the answers

What does the term 'knowledge' encompass in the context of information systems?

<p>Insights, understanding, and actionable information derived from data and information (C)</p> Signup and view all the answers

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