Final exam study guide Flashcards
Which of the following accurately describes the five-component framework of information systems?
computer hardware, software, data, procedures, and people
A manager will essentially require ________ skills to clearly understand how the resources that his or her company uses are converted to desired outputs.
Systems thinking
Which of the following types of skills is most likely be outsourced to the lowest bidder?
Accounting skills
Which of the following best defines Management Information Systems (MIS)?
The management and use of information systems to help organizations achieve their goals and objectives
Automation moves work from people to machines. However, it can also _________________ the complexity of the system and require more time for change.
Increase
Data by itself is information.
False
Characteristics of good information include: It must be accurate, timely, relevant, sufficient, and?
Worth the cost
The most important component in the five-component model is?
People
The ability to make and manipulate models is called?
Abstract reasoning
A new computer class forms roughly each decade is a statement of?
Bell’s Law
The 5 forces model to determine industry structure includes: bargaining power of customers, bargaining power of suppliers, threats of new entrants, rivalry among existing firms and?
Threat of substitution
The amount of money a customer is willing to pay for a product or service is called?
value
The difference between the value of a product or service and its associated cost is called?
margin or profit margin
The primary activity associated with labeling and shipping products is called?
outbound Logistics
When you view a “swim lane” chart to understand the flow of information across a company, you are looking at what type of model?
bpm-business process model
Three main ways to improve a product or service position in the marketplace include: Create a new product or service, enhance the existing product or service, and?
differentiate the product or service in the marketplace
Another name for improving the position of a product or service in the marketplace is to?
gain competitive advantage
What is the strategy called when organizations “lock” customers in by making it difficult or expensive to switch to other products?
establishing High switching cost
If you make it harder or more expensive for a competitor to operate in your marketplace, it is called raising?
barriers to entry
What do you need to accomplish to differentiate your product or service from the competition?
make some type of improvement in the product or service, decrease costs, improve transportation, Etc
In ________, data miners develop a model prior to the analysis and apply statistical techniques to data to estimate parameters of the model.
Supervised data mining
In ________, statistical techniques can identify groups of entities that have similar characteristics.
cluster analysis
In large organizations, a group of people manage and run a(n) ________, which is a facility for managing an organization’s BI data.
data warehouse
In marketing transactions, the fact that customers who buy product X also buy product Y creates a ________ opportunity. That is, “If they’re buying X, sell them Y” or “If they’re buying Y, sell them X.”
cross-selling
Push publishing delivers business intelligence ________.
according to a schedule or as a result of an event or particular data condition
RFM analysis is used to analyze and rank customers according to their ________.
purchasing patterns
________ is defined as information containing patterns, relationships, and trends of various forms of data.
business intelligence
Which of the following statements is true about data marts?
data Marts address the needs of a particular department or functional area of a business
Which of the following statements is true about unsupervised data mining?
analysis do not create a model or hypothesis before running the analysis
Which of the following selections is not completed during data acquisition of the BI process?
data mining
Every computer contains a component that is considered the “Brain” of the machine. It is within this component that instructions are processed. The name of this component is?
CPU-central processing unit
All computers include storage hardware which is used to to save data and programs. 21st century computers use a storage media that is faster than previous media because it stores information using nonvolatile electronic circuits. What is the name of the storage media commonly found in computers today?
SSD - solid state disks
What is the name of the binary digit which can either be “on” or “off” that is the building block for all computer information?
BIT
The name of a disruptive force (technology) that has the power to change both our personal and professional lives is? It involves the idea that objects are becoming connected to the Internet and to each other around the globe.
IoT - Internet of Things
Computer components are said to be “volatile” if they loose their contents when the power is shut off.
true
What is AR - Augmented Reality?
AR is the altering of Reality by overlaying digital information on real-World objects
Cryptocurrencies are considered a potential disruptive force in today’s economy.
true
The computer program that controls all of the computers resources is called?
OS - operating system
Software that performs a service or function is called?
Application software
When you commonly purchase software, you are not actually buying it. Instead, you are buying a license to use that program. If a company elects to provide specific software for all of their employees, they may elect to purchase a?
site license
______ is the standard language for inserting, updating, and deleting data in a database.
SQL
Phone number, email address, first and last name, are all examples of ___________ because they describe the characteristics of an entity.
attributes
In the following image, the VEND_CODE in the PRODUCT table represents a(n) __________ because it creates the logical connection between the two tables.
Foreign key
Every table in a normalized database has ________.
A single theme
Albert creates a relational database to store employee performance statistics. He stores each employee’s data in independent rows and creates a column named “Employee Number” to assign unique numbers to each employee. This column is referred to as a(n) ________.
Primary key
A data integrity problem will occur only if ________.
Data are duplicated in a database
A(n) ________ is a program used to create, process, and administer a database.
Database management system
Brad, a project manager, wants to build a database to integrate information about employees and tasks that they handle. Brad wants to track information such as task name, productivity of an employee on a daily basis, and employee name. These aspects that Brad wants to track are called ________.
entities