Podcast
Questions and Answers
What is the main purpose of an information system?
What is the main purpose of an information system?
- To manipulate and disseminate data
- To increase revenues and reduce costs
- To provide feedback to meet an objective (correct)
- To collect and organize raw facts
How is information different from data?
How is information different from data?
- Information is raw facts, while data is a collection of facts organized for value
- Data is used by sales representatives, while information is used by financial advisors
- Data is part of an organization's valuable resources, while information is not
- Information has value beyond the facts themselves, while data does not (correct)
What does knowledge refer to?
What does knowledge refer to?
- Awareness and understanding of a set of information (correct)
- Collection of organized facts
- Raw facts
- Tasks that are logically related
Who can use information systems in businesses?
Who can use information systems in businesses?
Which term is often confused with the term 'data'?
Which term is often confused with the term 'data'?
Which of the following best defines the term 'value chain' in the context of organizations and information systems?
Which of the following best defines the term 'value chain' in the context of organizations and information systems?
In the context of information systems, which of the following factors leads firms to seek competitive advantage?
In the context of information systems, which of the following factors leads firms to seek competitive advantage?
What is the primary purpose of Customer Relationship Management (CRM) programs within organizations?
What is the primary purpose of Customer Relationship Management (CRM) programs within organizations?
How does organizational structure affect the type of information systems implemented within an organization?
How does organizational structure affect the type of information systems implemented within an organization?
Which term is used to describe a formal collection of people and other resources established to accomplish a set of goals?
Which term is used to describe a formal collection of people and other resources established to accomplish a set of goals?