Managing Information & Knowledge Quiz

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Questions and Answers

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?

  • 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?

  • 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?

<p>Decisions affect the organization differently (A)</p> Signup and view all the answers

What is information?

<p>Data processed for a purpose (B)</p> Signup and view all the answers

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