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What is the science of fact-based decision making?


A) Analytics
B) Structured decisions
C) Unstructured decisions
D) Semistructured decisions

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

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Sears department stores used to plant employees in competitor stores to perform research and analysis. Recently the company implemented a system that can search competitor websites and provide comparisons of price, promotions, and availability and the system is saving time, money, and resources. What type of system did Sears implement?


A) Shopping algorithm
B) Shopping network
C) Shopping logic
D) Shopping bot

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

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A virtual workplace is a work environment that is not located in any one physical space.

A) True
B) False

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Which of the below categories of AI is used extensively in the finance industry to analyze situations where the logic or rules are unknown?


A) Expert system
B) Virtual reality
C) Neural network
D) Genetic algorithm

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

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Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?


A) OLTP is used at the operational level; OLAP is used at the managerial level.
B) OLTP is used to capture transactional and event data; OLAP is used to manipulate information.
C) OLTP is used to support structured decisions; OLAP is used to support semistructured decisions.
D) All of these choices are correct.

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

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Which of the following is considered the process in the systems thinking example of a DSS?


A) TPS
B) Optimization
C) Forecasts
D) Simulation

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

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What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?


A) Online transaction processing (OLTP)
B) Online analytical processing (OLAP)
C) Digital dashboard
D) Visualization

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

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What produces graphical displays of patterns and complex relationships in large amounts of data?


A) Granularity
B) Visualization
C) Digital Dashboard
D) All of these choices are correct.

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

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Deep learning is a process that employs specialized algorithms to model and study complex datasets; the method is also used to establish relationships among data and datasets.

A) True
B) False

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Which industry has been relying on neural network technology for over two decades?


A) Food service
B) Hotels
C) Finance
D) Healthcare

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

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Which of the following is an example of an intelligent system?


A) The firefighter robot that can extinguish flames at chemical plants
B) Shell Oil's Smart Pump robot that pumps gas for the customer
C) A robot that cleans and sweeps at a local airport
D) All of these choices are correct.

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

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What is an infographic?


A) A representation of information in a graphic format designed to make the data easily understandable at a glance.
B) A chart or graph that presents grouped data with rectangular bars with lengths proportional to the values that they represent.
C) A chart is a graphical representation showing change of a variable over time.
D) A small embedded line graph that illustrates a single trend.

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

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What is strong AI?


A) Refers to a set of instructions that completes a task.
B) A type of artificial intelligence that enables computers to both understand concepts in the environment, and also to learn.
C) Machines can still make their own decisions based on reasoning and past sets of data.
D) Refers to the field of artificial intelligence that works toward providing brainlike powers to AI machines; in effect, it works to make machines as intelligent as the humans.

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

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Which of the following is an important challenge facing managers today?


A) Making business decision
B) Solving business problems
C) Competing to win in today's market
D) All of these choices are correct.

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

Correct Answer

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What is a graphical representation showing change of a variable over time?


A) Bar chart.
B) Histogram.
C) Time-series.
D) Sparkline.

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

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What is a system that uses computerized advisory programs to imitate the reasoning processes of experts in solving difficult problems?


A) Expert system
B) Virtual reality
C) Neural network
D) Genetic algorithm

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

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Online transaction processing (OLTP) is the capturing of transaction and event information using technology to ________.


A) Update existing information to reflect the new information
B) Store the information
C) Process the information according to defined business rules
D) All of these choices are correct.

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

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One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success while competing to win in today's business environment.

A) True
B) False

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Which of the following represents the structure of a typical organization?


A) Flat line
B) Pyramid
C) Circle
D) Cube

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

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What is pivot?


A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
B) Rotates data to display alternative presentations of the data
C) Enables users to get details, and details of details, of information
D) Finds the inputs necessary to achieve a goal such as a desired level of output

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

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