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Which of the following represents the core drivers of the information age?


A) data, information, business intelligence, knowledge.
B) fact, data, intelligence, experience.
C) fact, intelligence, business skills, knowledge.
D) data, intelligence, business information, knowledge.

E) A) and C)
F) None of the above

Correct Answer

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If you were thinking about a washing machine as a system which of the following represents the outputs?


A) The dirty clothes, water, and detergent.
B) The clean clothes.
C) The wash and rinse cycle.
D) The light indicating that the washer is off balance and has stopped.

E) A) and B)
F) A) and D)

Correct Answer

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A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

A) True
B) False

Correct Answer

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Which of the following is considered a good?


A) Milk and eggs
B) Managing a team
C) Selling groceries
D) All of these

E) None of the above
F) All of the above

Correct Answer

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Teaching, waiting tables, and cutting hair belong in which category?


A) Goods
B) Services
C) Production
D) Productivity

E) B) and D)
F) B) and C)

Correct Answer

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If you were thinking about a slow cooker as a system, which of the following represents the input?


A) The uncooked ingredients.
B) The cooked food.
C) A light and timer indicating that the slow cooker is on "low."
D) The slow cooker running on "low" for 6 hours.

E) None of the above
F) C) and D)

Correct Answer

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Which of the following is not considered a core driver of the information age?


A) Information
B) Business Intelligence
C) Competitive Intelligence
D) Data

E) B) and D)
F) All of the above

Correct Answer

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What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?


A) Goods
B) Services
C) Production
D) Productivity

E) B) and C)
F) All of the above

Correct Answer

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What are the three primary areas of analytics?


A) Descriptive analytics, predictive analytics, and prescriptive analytics.
B) Descriptive analytics, primary analytics, response analytics.
C) Descriptive analytics, future analytics, past analytics.
D) Technique analytics, future analytics, past analytics.

E) A) and B)
F) A) and C)

Correct Answer

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What refers to devices that connect directly to other devices?


A) Internet of things
B) Predictive analytics
C) Machine to machine
D) Flat world

E) A) and C)
F) None of the above

Correct Answer

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Which data types are typically found in the sales department?


A) Sales report data, potential customer data, commission data, and customer support data.
B) Employee data, promotion data, vacation data.
C) Investment data, monetary data, reporting data.
D) Transactional data, purchasing data, payroll data, tax data.

E) B) and C)
F) A) and B)

Correct Answer

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A static report can include updating daily stock market prices or the calculation of available inventory.

A) True
B) False

Correct Answer

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What is productivity?


A) Material items or products that customers will buy to satisfy a want or need.
B) Tasks performed by people that customers will buy to satisfy a want or need.
C) The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.
D) The rate at which goods and services are produced based upon total output given total inputs.

E) A) and B)
F) All of the above

Correct Answer

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Business analytics use techniques that describe past performance and history.

A) True
B) False

Correct Answer

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A dynamic report can include updating daily stock market prices or the calculation of available inventory.

A) True
B) False

Correct Answer

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Descriptive analytics is the scientific process of transforming data into insight for making better decisions.

A) True
B) False

Correct Answer

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Richard Dowdall is the operations manager for Dowdall Meats, which specializes in providing deli meats and prepared foods for its local customers. Richard is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day. Which of the following is an example of a piece of data Richard would be using to successfully perform his job?


A) Rebecca Wilson is customer number 15467.
B) Compare the costs of supplies including energy over the last five years to determine the best-selling product by month.
C) Best-selling product by day.
D) Best-selling product changes when Tony the best baker is working.

E) C) and D)
F) B) and D)

Correct Answer

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If you were thinking about an oven as a system which of the following represents the input?


A) The uncooked food.
B) The cooked food.
C) A light indicating that the oven has reached the preheated temperature.
D) The oven running at 350 degrees for 20 minutes.

E) C) and D)
F) B) and D)

Correct Answer

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What is the scientific process of transforming data into insight for making better decisions?


A) Business analytics.
B) Descriptive analytics.
C) Prescriptive analytics.
D) Predictive analytics.

E) B) and C)
F) C) and D)

Correct Answer

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Machine to machine (M2M) refers to devices that connect directly to other devices.

A) True
B) False

Correct Answer

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