Question 1

Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?

Accepted Answer

A)   Input, transform, output
B)   Input, transform, outnumber
C)   Output, input, performer
D)   Input, process, transformE) B) and C)
F) None of the above

Question 2

An overview of systems thinking includes input, process, output, and finances.

Accepted Answer

A) True 
 B)False

Question 3

The department within a company that performs the function of selling goods or services is called ________.

Accepted Answer

A)   Marketing
B)   Sales
C)   Finance
D)   Operations managementE) None of the above
F) A) and B)

Question 4

Knowledge assets reside within the minds of members, customers, and colleagues and include physical structures and recorded media.

Accepted Answer

A) True 
 B)False

Question 5

Which data types are typically found in the operations management department?

Accepted Answer

A)   Manufacturing data, distribution data, and production data.
B)   Sales data, customer data, commission data, and customer support data.
C)   Employee data, promotion data, vacation data.
D)   Investment data, monetary data, reporting data.E) A) and B)
F) A) and C)

Question 6

The operations management department manages the process of converting or transforming resources into goods or services.

Accepted Answer

A) True 
 B)False

Question 7

Prescriptive analytics use techniques that create models indicating the best decision to make or course of action to take.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is considered a core driver of the information age?

Accepted Answer

A)   Fact
B)   Goods
C)   Competitive Intelligence
D)   DataE) A) and C)
F) C) and D)

Question 9

Which of the following represents the types of data commonly found in the finance department?

Accepted Answer

A)   Monetary data
B)   Technology data
C)   Production data
D)   Employee dataE) None of the above
F) A) and B)

Question 10

If you were thinking about a home theater system which of the following represents the inputs?

Accepted Answer

A)   The DVD player, DVD movie, speakers, TV, and electricity.
B)   Playing the movie including the audio through the speakers and the video on the TV.
C)   A message stating that the disk is dirty and cannot be played.
D)   Spinning the disk to play, pause, rewind, or fast forward.E) None of the above
F) A) and B)

Question 11

Which activities belong in the accounting department?

Accepted Answer

A)   Records, measures, and reports monetary transactions.
B)   Tracks strategic financial issues, including money, banking, credit, investments, and assets.
C)   Supports the sales by planning, pricing, and promoting goods or services.
D)   Relies on information from operations to understand inventory, place orders, and forecast consumer demand.E) A) and B)
F) None of the above

Question 12

If you were thinking about a home theater system which of the following represents the process?

Accepted Answer

A)   The DVD player, DVD movie, speakers, TV, and electricity.
B)   Playing the movie including the audio through the speakers and the video on the TV.
C)   A message stating that the disk is dirty and cannot be played.
D)   Spinning the disk to play, pause, rewind, or fast forward.E) A) and B)
F) A) and C)

Question 13

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

Accepted Answer

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

Question 14

If you were thinking about a dishwasher as a system which of the following represents the process?

Accepted Answer

A)   The dirty dishes, water, and detergent.
B)   The clean dishes.
C)   The washing and rinsing.
D)   The light indicating that the dishwasher is done.E) B) and D)
F) B) and C)

Question 15

Which activities belong in the finance department?

Accepted Answer

A)   Records, measures, and reports monetary transactions.
B)   Tracks strategic financial issues, including money, banking, credit, investments, and assets.
C)   Supports the sales by planning, pricing, and promoting goods or services.
D)   Relies on information from operations to understand inventory, place orders, and forecast consumer demand.E) C) and D)
F) A) and B)

Question 16

Which data types are typically found in the accounting department?

Accepted Answer

A)   Promotion data, sales data, advertising 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) A) and B)
F) B) and C)

Question 17

What is Machine-to-machine (M2M) ?

Accepted Answer

A)   A world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.
B)   The extraction of information from data used to predict future trends and identify behavioral patterns.
C)   A series of devices that connect directly to other devices.
D)   Opportunities to change the way people purchase books.E) B) and C)
F) A) and C)

Question 18

Information is data converted into a meaningful and useful context. The truth about information is that its value is only as good as the people who use it. People using the same information can make different decisions depending on how they interpret or analyze the information.

Accepted Answer

A) True 
 B)False

Question 19

Knowledge facilitators help harness the wealth of knowledge in the organization.

Accepted Answer

A) True 
 B)False

Question 20

Assume you are in the business of producing and selling milkshakes. If you could produce more milkshakes with the same input, what would happen to your productivity and profits assuming the price of your milkshakes remains the same?

Accepted Answer

A)   Increase in productivity, decrease in profits.
B)   Increase in productivity, increase in profits.
C)   Decrease in productivity, decrease in profits.
D)   Decrease in productivity, increase in profits.E) None of the above
F) B) and C)

Exam 1: Business Driven Technology

Which data types are typically found in the operations management department?

Correct AnswerverifiedShow Answer

Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?

Correct AnswerverifiedShow Answer

An overview of systems thinking includes input, process, output, and finances.

Correct AnswerverifiedShow Answer

What is Machine-to-machine (M2M) ?

Correct AnswerverifiedShow Answer

Which activities belong in the accounting department?

Correct AnswerverifiedShow Answer

Knowledge facilitators help harness the wealth of knowledge in the organization.

Correct AnswerverifiedShow Answer

If you were thinking about a home theater system which of the following represents the inputs?

Correct AnswerverifiedShow Answer

Information is data converted into a meaningful and useful context. The truth about information is that its value is only as good as the people who use it. People using the same information can make different decisions depending on how they interpret or analyze the information.

Correct AnswerverifiedShow Answer

Which data types are typically found in the accounting department?

Correct AnswerverifiedShow Answer

Which of the following represents the types of data commonly found in the finance department?

Correct AnswerverifiedShow Answer

Prescriptive analytics use techniques that create models indicating the best decision to make or course of action to take.

Correct AnswerverifiedShow Answer

Knowledge assets reside within the minds of members, customers, and colleagues and include physical structures and recorded media.

Correct AnswerverifiedShow Answer

Which activities belong in the finance department?

Correct AnswerverifiedShow Answer

If you were thinking about a home theater system which of the following represents the process?

Correct AnswerverifiedShow Answer

The department within a company that performs the function of selling goods or services is called ________.

Correct AnswerverifiedShow Answer

The operations management department manages the process of converting or transforming resources into goods or services.

Correct AnswerverifiedShow Answer

Which of the following is considered a core driver of the information age?

Correct AnswerverifiedShow Answer

If you were thinking about a dishwasher as a system which of the following represents the process?

Correct AnswerverifiedShow Answer

Assume you are in the business of producing and selling milkshakes. If you could produce more milkshakes with the same input, what would happen to your productivity and profits assuming the price of your milkshakes remains the same?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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