Introduction to Information Systems in Organizations
32 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the difference between data and information?

  • Data is a collection of facts, while information is a set of interrelated components
  • Data is raw facts, while information is a collection of facts organized in such a way that they have value beyond the facts themselves (correct)
  • Data has value beyond the facts themselves, while information is raw facts
  • Data is organized facts, while information is raw facts

    • What does knowledge refer to in the context of data, information, and knowledge?

  • Collection of facts organized in such a way that they have value beyond the facts themselves
  • Awareness and understanding of a set of information (correct)
  • Raw facts organized in such a way that they have value beyond the facts themselves
  • Set of interrelated components that collect, manipulate, and forecast data and information

    • What is the main function of an Information System (IS) in an organization?

  • To provide feedback to meet an objective (correct)
  • To increase revenues and reduce costs
  • To forecast data and information
  • To collect and manipulate data

    • What is the role of information systems in increasing revenues and reducing costs for businesses?

    <p>To create new layouts by rearranging existing data</p> Signup and view all the answers

    What is the significance of rearranging existing data in creating new information?

    <p>It results in awareness and understanding of a set of information</p> Signup and view all the answers

    What does the term 'information' represent in an organization?

    <p>One of an organization's most valuable resources</p> Signup and view all the answers

    What can adding new pieces to a track do?

    <p>Increase the value, variety, and fun of the final product</p> Signup and view all the answers

    How can a sales manager use specific product data?

    <p>To create monthly sales information organized by product line</p> Signup and view all the answers

    What is a product line?

    <p>A group of related products under a single brand name sold by the same company</p> Signup and view all the answers

    Why is accurate and complete information important in an organization?

    <p>People can make poor decisions, costing thousands, or even millions, of dollars</p> Signup and view all the answers

    What is the value of valuable information in an organization?

    <p>It helps decision makers achieve their organization’s goals</p> Signup and view all the answers

    What does an Information System (IS) do with data and information?

    <p>Collect, manipulate, store, and disseminate data and information</p> Signup and view all the answers

    What does the processing phase of an Information System involve?

    <p>Converting data into useful outputs</p> Signup and view all the answers

    What can be a characteristic of an information system?

    <p>Manual or computerized</p> Signup and view all the answers

    What does a computer-based information system consist of?

    <p>A single set of hardware, software, databases, telecommunications, people, and procedures</p> Signup and view all the answers

    What does technology infrastructure include?

    <p>All hardware, software, databases, telecommunications, people, and procedures configured to collect, manipulate, store, and process data into information</p> Signup and view all the answers

    What is the role of information systems in organizations in increasing revenues and reducing costs?

    <p>Information systems in organizations can be used to increase revenues and reduce costs.</p> Signup and view all the answers

    What is the difference between data and information?

    <p>Data refers to raw facts, while information is a collection of facts organized in such a way that they have value beyond the facts themselves.</p> Signup and view all the answers

    What does the term 'knowledge' refer to in the context of data, information, and knowledge?

    <p>Knowledge refers to the awareness and understanding of a set of information.</p> Signup and view all the answers

    What is the main function of an Information System (IS) in an organization?

    <p>The main function of an Information System in an organization is to collect, manipulate, forecast data and provide feedback to meet an objective.</p> Signup and view all the answers

    Why is accurate and complete information important in an organization?

    <p>Accurate and complete information is important in an organization for making informed decisions and gaining a competitive edge.</p> Signup and view all the answers

    What can be a characteristic of an information system?

    <p>One of the characteristics of an information system is that it is a set of interrelated components that collect, manipulate, and forecast data and information.</p> Signup and view all the answers

    How can adding new pieces to a track increase the value of the final product?

    <p>By creating a more elaborate railroad layout.</p> Signup and view all the answers

    How can a sales manager use specific product data?

    <p>To create monthly sales information organized by product line and determine which product lines are the most popular and profitable.</p> Signup and view all the answers

    What is a product line?

    <p>A group of related products all marketed under a single brand name that is sold by the same company.</p> Signup and view all the answers

    What are the characteristics of valuable information?

    <p>Accurate, complete, and directly linked to helping decision makers achieve their organization’s goals.</p> Signup and view all the answers

    What is the main function of an Information System (IS) in an organization?

    <p>To collect, manipulate, store, and process data into information.</p> Signup and view all the answers

    What does a computer-based information system consist of?

    <p>A single set of hardware, software, databases, telecommunications, people, and procedures.</p> Signup and view all the answers

    What does technology infrastructure include?

    <p>All hardware, software, databases, telecommunications, people, and procedures configured to collect, manipulate, store, and process data into information.</p> Signup and view all the answers

    What is the role of feedback in an Information System?

    <p>It is used to make changes to input or processing activities.</p> Signup and view all the answers

    What are the input and processing phases of an Information System?

    <p>Input involves gathering and capturing raw data, while processing involves converting data into useful outputs.</p> Signup and view all the answers

    What can a manual information system involve?

    <p>Manually drawing charts and trend lines to assist in making investment decisions.</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser