Information Concepts

Question 1

Can be defined as meaningfully interpreted data

Answer 1

Information

Question 2

Fuels business and can be the critical factor in determining the success or failure of a business

Answer 2

Information

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

Answer 4

Subsystem

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

Manual Information System Consists of

Answer 7

• People
• Procedure
• Data

Question 8

Computer-Based Information System Elements

Answer 8

• Hardware
• Software
• Data
• People
• Process

Question 9

The raw material of information.

Answer 9

Data

Question 10

Data organized and presented by someone.

Answer 10

Information

Question 11

Information read, heard, or seen, and understood.

Answer 11

Knowledge

Question 12

Distilled and integrated knowledge and understanding.

Answer 12

Wisdom

Question 13

development, installation and implementation of computer systems

Answer 13

Information Technology

Question 14

Aims to explain past events using business data

Answer 14

Business Intelligence

Question 15

A questionnaires is prepared to collect the data from the field

Answer 15

Surveys

Question 16

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

Answer 16

Secondary data sources/ archival data

Question 17

An experimental test is conducted on the subject and the data is collected.

Answer 17

Objective measures or tests

Question 18

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 18

Interviews

Question 19

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

Answer 19

open-ended questions

Question 20

interview questions limit the number of possible responses

Answer 20

closed ended questions

Question 21

questions are those that may be answered with a ‘yes’ or ‘no’ or ‘agree’ or disagree’

Answer 21

Bipolar questions

Question 22

questions elicit more detail about previous questions

Answer 22

Probes / Probing questions

Question 23

starting with closed questions and working toward open-ended questions

Answer 23

Pyramid

Question 24

starting with open-ended questions and working toward closed questions

Answer 24

Funnel

Question 25

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

Answer 25

Diamond

Question 26

useful in gathering information from key organization members

Answer 26

Questionnaires

Question 27

used when the intervals are equal

Answer 27

Interval Scales

Question 28

are used to classify things Data may be totaled

Answer 28

Nominal Scales

Question 29

Caused by easy raters

Answer 29

Leniency

Question 30

occurs when respondents rate everything as average

Answer 30

Central tendency

Question 31

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

Answer 31

Halo Effect

Question 32

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

Answer 32

Strategic Information

Question 33

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

Answer 33

Tactical Information

Question 34

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

Answer 34

Operational Information