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Questions and Answers
Which of the following best describes data?
Which of the following best describes data?
- Processed information
- Raw facts or observations (correct)
- A collection of random facts
- Record of an event or fact
From a business perspective, what is the importance of managing information and knowledge?
From a business perspective, what is the importance of managing information and knowledge?
- It has no impact on the organization
- It helps in making random decisions
- It is a key organizational asset (correct)
- It is not relevant for decision making
What is the process of transforming data into high-quality information called?
What is the process of transforming data into high-quality information called?
- Data analysis
- Data transformation (correct)
- Data collection
- Data processing
What are the different kinds of decisions that managers make and how do they affect the organization?
What are the different kinds of decisions that managers make and how do they affect the organization?
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What is information?
What is information?
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