Business Management II- 4.01 Flashcard

Front

Which of the following actions is a part of information management?
Creating technology,
Observing competitors,
Creating data,
Disseminating information

Back

Disseminating information

Front

Which of the following is a true statement about a management information system (MIS)?
Options:
It may be one part of a business’s overall information management program.
It is the same thing as an information management program.
It does not assist with a business’s information management program.
It includes people, processes, and practices.

Back

It may be one part of a business’s overall information management program.

Front

Which of the following is a true statement about information?
Options:
It is simple to manage.
It is data put into a useful form.
It is the same thing as data.
It has no value for an organization.

Back

It is data put into a useful form.

Front

Which of the following is an example of a type of information a business must manage? Government spending, Employees’ personal bills, Competitors’ payrolls, Accounting records

Back

Accounting records

Front

Information usually comes in either physical form or ________ form.

Back

electronic

Front

A benefit of informed decisions is that they

Back

reduce a business’s risk.

Front

Appropriate information management saves businesses time and money by

Back

maintaining higher levels of productivity.

Front

How does appropriate information management affect a business’s relationship with its customers?

Back

Businesses serve customers more effectively.

Front

Appropriate information management helps a business build a good reputation by

Back

being consistent.

Front

Which of the following U.S. laws relates to information management: The Sherman Antitrust Act, The Sarbanes-Oxley Act, The Landrum-Griffin Act, The Taft-Hartley Act

Back

The Sarbanes-Oxley Act