Intro to Business 1-5 Lesson Quiz

Access to _________________ is critical and necessary for business success.

• information

• systems

• processes

• property

A business function that involves people, processes, and systems that collect, organize, store and secure relevant data and information, and makes it accessible and useful for making informed decisions is called:

• a. cyber security

• information management

• intellectual property

• risk management

The raw form of information before it actually becomes useful information is:

• risk

• secure

• data

• useful

Relevant, or important and useful, data is helpful for making:

• transactions

• assets

• inspections

• decisions

The Six Business Functions i. Human Resources ii. ______________ iii. ______________ iv. Marketing v. Finance/Accounting vi. Information Management

• Strategy

  Operations

• Risks

• Property

• Procedures

A practice or process not generally known outside of the company that owns it, and that has economic value is a/an:

• trade secret

• cyber security

• audit

• risk

Anything of value that is not physical in nature is a/an:

• information system

• intangible asset

• database

• cyberattack

Anything that is created from the mind or intellect, like inventions, ideas, or methods, is:

• database

• accounting

• intellectual property

• marketing

Identifying, understanding and predicting circumstances or events that might have negative consequences, and taking proactive measures to avoid these issues and effectively combat them if/when they occur is:

• information management

• cyber security

• intellectual property

• risk management

An independent and unbiased inspection and review to evaluate the safety, integrity and accuracy of information, systems, processes, procedures and protocols is a/an:

• audit

• transaction

• risk

• cyberattack