Information Systems in Business

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In the context of information systems, what distinguishes data from information?

Data is any form of recorded knowledge

Information is unstructured data

Information is facts and figures in context (correct)

Data is processed information

What is the primary reason for studying and understanding information systems?

To decrease the efficiency of processes

To confuse employees with irrelevant data

To improve decision-making (correct)

To increase organizational complexity

What does the value of data depend on, according to the text?

The characteristics used to evaluate it (correct)

The font type used to display it

The number of bytes it occupies

Its physical weight

Which of the following is NOT a component of an information system?

Data centers Signup and view all the answers

What is the goal of the systems development process?

To create efficient and effective information systems Signup and view all the answers

What is the key difference between data and information?

Data is a collection of facts, while information is organized data with value beyond the facts themselves. Signup and view all the answers

Why is accurate and complete information crucial for organizations?

To help decision-makers avoid making mistakes that could cost the organization significant amounts of money. Signup and view all the answers

What is the main factor determining the value of information in an organization?

Its direct contribution to helping decision-makers achieve organizational goals. Signup and view all the answers

What components make up a system according to the text?

Inputs, Outputs, Feedback, Processing mechanisms Signup and view all the answers

How is efficiency defined in the context of system performance?

A measure of what is produced divided by what is consumed. Signup and view all the answers

What does effectiveness measure in terms of system performance?

The extent to which the system attains its goals. Signup and view all the answers

What are the four main activities of an Information System?

Collect, manipulate, store, disseminate Signup and view all the answers

Which activity involves converting data into useful outputs in an Information System?

Processing Signup and view all the answers

What is the most important element in most computer-based information systems?

People Signup and view all the answers

Which component of an Information System includes computer equipment used for input, processing, and output?

Hardware Signup and view all the answers

What type of network allows people within an organization to exchange information and work on projects?

Intranet Signup and view all the answers

Which specialized system helps create, store, share, and use an organization's knowledge and experience?

Knowledge Management Systems (KMSs) Signup and view all the answers

What does a Decision Support System aim to facilitate?

Complex decision-making processes Signup and view all the answers

What is the purpose of a Transaction Processing System (TPS)?

To record completed business transactions Signup and view all the answers

What type of system manages the vital business operations for an entire multisite, global organization?

Enterprise Resource Planning system (ERP) Signup and view all the answers

What does Systems Development entail?

The activity of creating or modifying existing business systems Signup and view all the answers