Information Concepts

Question 1

can be defined as meaningfully interpreted data

Answer 1

Information

Question 2

Information is________

Answer 2

interpreted data

(from organized, structured, and processed data in a particular context)

Question 3

Collection of objects, procedures, or techniques that interact in a regulated manner to form an organized whole

Answer 3

System

Question 4

Systems may be composed of smaller assemblages of parts known as

Answer 4

subsystems

Question 5

a system that gathers data and disseminates information with the sole purpose of providing information to its users

Answer 5

Information System

Question 6

Capabilities of Information System

Answer 6

Input
Processing
Output
Feedback

Question 7

systems that consist of people, procedures, and data

Answer 7

Manual systems

Question 8

systems that consist of hardware, software, data, people and process

Answer 8

Computer-Based Information System

Question 9

Information Hierarchy

Answer 9

Data
Information
Knowledge
Wisdom

Question 10

The raw material of information.

Answer 10

Data

Question 11

Data organized and presented by someone.

Answer 11

Information

Question 12

Information read, heard, or seen, and understood.

Answer 12

Knowledge

Question 13

Distilled and integrated knowledge and understanding

Answer 13

Wisdom

Question 14

fact or a piece of
information, or a series thereof.

Answer 14

Data

Question 15

Knowledge discerned from data.

Answer 15

Information

Question 16

technology-driven process for analyzing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions.

Answer 16

Business Intelligence

Question 17

Information/Data Collection Techniques:

A questionnaire is prepared to collect the data from the
field

Answer 17

Surveys

Question 18

Information/Data Collection Techniques:

Data is collected through old records, magazines, company website etc.

Answer 18

Secondary data sources/archival data:

Question 19

Data is collected by the system analyst by following a rigid procedure and collecting the answers to a set of pre-conceived questions through personal interviews.

Answer 19

Interviews

Question 20

Question Types

Answer 20

Open-ended
Closed

Question 21

interview questions that allow interviewees to respond how they wish, and to what length they wish

Answer 21

Open-ended

Question 22

questions that limit the number of possible responses

Answer 22

Close-ended

Question 23

True or False:

Closed interview questions are appropriate for generating precise, reliable data that is easy to analyze

Answer 23

True

Question 24

A special kind of close-ended questions that may be answered with a ‘yes’ or ‘no’ or ‘agree’ or ‘disagree’

Answer 24

Bipolar Questions

Question 25

questions that elicit more detail about previous questions

Answer 25

Probes

Question 26

Arranging Questions:

starting with closed questions and working toward open-ended questions

Answer 26

Pyramid

Question 27

Arranging Questions:

starting with open-ended questions and working toward closed questions

Answer 27

Funnel

Question 28

starting with closed, moving toward open-ended, and ending with closed questions

Answer 28

Diamond

Question 29

The two different forms of measurement
scales are

Answer 29

Nominal
Interval

Question 30

_____scales are used to classify things. Data may be totaled.

Answer 30

Nominal Scales

Question 31

_______scale is used when the intervals are equal. There is no absolute zero.

Answer 31

Interval Scales

Question 32

What are the main problems with the usage of Scales in data gathering?

Answer 32

Leniency
Central tendency
Halo effect

Question 33

Caused by easy raters

Answer 33

Leniency

Question 34

occurs when respondents rate
everything as average

Answer 34

Central Tendency

Question 35

When the impression formed in one question carries into the next question

Answer 35

Halo Effect

Question 36

Based on Anthony’s classification of Management, information used in business for decision-making is generally categorized into three types:

Answer 36

Strategic Information
Tactical Information
Operational Information

Question 37

is concerned with long term policy decisions that defines the objectives of a business and checks how well these objectives are met

Answer 37

Strategic Information

Question 38

is concerned with the information needed for exercising control over business resources, like budgeting, quality control, service level, inventory level, productivity level etc.

Answer 38

Tactical Information

Question 39

is concerned with plant/business level information and is used to ensure proper conduction of specific operational tasks as planned/intended

Answer 39

Operational Information