IB Busman Unit 5.9 Data & Information Management

What is the primary purpose of data analytics?

• Analyzing data trends and patterns

• Extracting and organizing raw data

• Designing computer management information systems (MIS)

• Implementing information communication technology (ICT)

Which type of data analytics aims to determine the reasons behind a particular event?

• Prescriptive data analytics

• Diagnostic data analytics

• Descriptive data analytics

• Predictive data analytics

How does a business such as Netflix use data analytics to enhance its services?

• Embedding the use of information communication technology (ICT)

• Providing viewers with as much content as possible

• Analyzing data to create personalized recommendations based on individual customer preferences

• Collecting raw data for budgeting purposes

What is the most likely issue arising from having too much data?

• Limited useful information available for decision-making

• Reduced speed in decision-making

• Diminished data analytics techniques

• Data overload thereby causing operational inefficiencies

How can data analytics be applied in the healthcare industry?

• Limiting potential cyberattacks and protecting patient data

• Designing management information systems (MIS)

• Improving MIS critical infrastructures

• Tracking patient data and monitoring vital signs

What is the role of a data analyst in the data analytics process?

• Creating raw data for market research purposes

• Collecting raw data from field research

• Preventing data and information overload

• Collating and organizing data

Which type of data analytics aims to predict future events?

• Prescriptive data analytics

• Predictive data analytics

• Descriptive data analytics

• Diagnostic data analytics

What do businesses use management information systems (MIS) for?

• To collect raw data for market research purposes

• To turn raw data into meaningful information

• To collate data for generic purposes

• To understand past events

How do developments in information communication technology (ICT) impact data analytics?

• They make data analysis obsolete

• They improve decision making processes

• They simplify the process of data collection, collation, and analysis

• They reduce data and information overload

Which aspect of data analytics helps businesses to determine the best course of action for the future?

• Diagnostic data analytics

• Descriptive data analytics

• Prescriptive data analytics

• Predictive data analytics