Chapter 1 Flashcards

1
Q

what is information age?

A

the present time during which infinite quantities of facts are widely available to anyone who can use a computer

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2
Q

what are the core drivers of information age ?

A

data, information, business intelligence and knowledge

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3
Q

what is the definition of data?

A

raw facts that describe characteristics of an event or object

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4
Q

structured data

A

stored in a traditional system such as a relational database or spreadsheet

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5
Q

machine generated data

A

created by a machine

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6
Q

human generated data

A

data that humans in interaction with computers generate (structured data)

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7
Q

unstructured data

A

not defined and does not follow a specified format

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8
Q

machine generated data (unstructured)

A

includes satellite images, social media data and radar data

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9
Q

human generated data(unstructured)

A

included text messages, social media data, and emails

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10
Q

big data

A

large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools

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11
Q

snapchot

A

a view of data at a particular point in time

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12
Q

information

A

data converted into a meaningful and useful text

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13
Q

information system

A

theres data and information

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14
Q

business intelligence

A

information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making

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15
Q

analytics (business intelligence)

A

the science of fact- based decison making

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16
Q

predictive analytics (business intelligence)

A

extracts information from data and uses it to predict future trends and identify behavioral patterns

17
Q

behavioral analytics (business intelligence)

A

uses data about people’s behaviors to understand intent and predict future actions

18
Q

knowledge

A

skills, experience, and expertise coupled with information and intelligence that creates a person’s intellectual resources

19
Q

knowledge worker

A

individual valued for their ability to interpret and analyze information

20
Q

systems thinking

A

a way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continusouly gathering feedback on each part

21
Q

systems thinking example

A

input (chesse, lettuce)

process (cook the patty, put ingredients together)

output (hamburger)

feedback

22
Q

goods

A

material items or products that customers will buy to satisfy a want or need (cars, groceries)

23
Q

services

A

tasks performed by people that customers will buy to satisy a want or need (teaching, cutting hair)

24
Q

a business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision-making and problem-solving

A

management information systems (mis)