Study

Question 1

GAAP

Answer 1

Generally Accepted Accounting Principles

Question 2

Production/operations department

Answer 2

Determine how, what, where, when to produce goods/services.

Question 3

Principle concern of Research and Development dept.

Answer 3

commercial yield
enhance current or develop new products/services
cost reduction

Question 4

3 types of R&D

Answer 4

Basic research - review suitability of current solutions
Applied research - developing a commercial product
Development research - use results of research to produce, create prototypes

Question 5

Marketing dept tasks

Answer 5

set pricing
promoting products/services
advertising/branding

Question 6

TPS

Answer 6

Transaction Processing System

Question 7

Strategic reports

Answer 7

long term planning

Question 8

Tactical reports

Answer 8

actions that serve a larger purpose

TPS data usually generates Tactical reports

Question 9

CRM

Answer 9

Customer Relationship Management system

Question 10

The aspects of CRM

Answer 10

Technology
Strategy
Process

Question 11

DSS

Answer 11

Decision Support Systems
assist in decision making
uses TPS data

Question 12

3 elements needed by DSS

Answer 12

Business Intelligence
Data Analytics
Data Management Capabilities

Question 13

IT challenges related to business

Answer 13

Too much data
Too many options
Unskilled Team members
Technical Support

Question 14

CWH

Answer 14

Cloud Web Hosting

Question 15

IT Innovations for Business

Answer 15

Data Housing/Management - Cloud
Communications
CRM - improve business relationships with clients
Product Development - CAD/CAM software
Cost Effective Process - improve speed and automation

Question 16

copyright

Answer 16

ownership

Question 17

Trademark

Answer 17

designs/words that identify a product

Question 18

Patent

Answer 18

protects right of inventor

Question 19

Trade Secret

Answer 19

private information

Question 20

FERPA

Answer 20

protects rights of student records

Question 21

HIPAA

Answer 21

protects health records

Question 22

SOX

Answer 22

regulate accounting practices

Question 23

CIO

Answer 23

Strategic planning, project management
align infrastructure with business objectives
interacts mostly with internal customers

Question 24

CSO

Answer 24

Chief Security Officer

Physical Security, safety of employees, facilities, assets

Question 25

CISO

Answer 25

Chief Information Security Officer
Focus on security of data/information
Ensure backups
Determine access rights

Question 26

CTO

Answer 26

Chief Technology Officer
Manage IT Engineering Group
Top Technology Architect

Question 27

IT/IT Project Manager

Answer 27

In charge of Application Dev teams

Question 28

KMS

Answer 28

Knowledge Management System
organize, create, distribute collective knowledge
like private search engine

Question 29

qualitative ROI

Answer 29

negative avoidance scenario

address intangible values such as data loss, lower efficiencies

Question 30

3 main levels of security

Answer 30

data level
system level
user level

Question 31

4 attributes of big data

Answer 31

volume - amount of data
variety - form of data, structured, unstructured
veracity - quality and trustworthiness of data
velocity - speed data are created

Question 32

ETL

Answer 32

Extract - data source
Transform - alter data to make it fit into structured table
Load - load into data warehouse

Question 33

Hadoop

Answer 33

distributed file system for big data

best for large companies

Question 34

Tableau

Answer 34

dashboarding software

Question 35

scrubbing data

Answer 35

transforming into accurate, clean, error free form

Question 36

data governance

Answer 36

managing availability, integrity, security of data

Question 37

MDM

Answer 37

Master Data Management

process/methodology to manage decision making data

Question 38

nine steps in app development

Answer 38

outline
research
mock-up
GUI
structure
code
launch
extend reach
revise/update