Business Information Systems Quiz

What is the primary difference between data and information?

• Data is meaningful context, information is raw facts

• Data is structured, information is unstructured

• Data is raw facts, information is meaningful context

• Data is stored, information is processed

Which of the following best defines knowledge in the context of MIS?

• Organized raw data

• Insights and experience combined with information

• A collection of business rules

• A set of structured queries

What is an example of a cross-functional process in a company?

• Sales invoicing

• HR hiring process

• New product development involving marketing, design, and production

• Customer service operations

Which role is responsible for managing privacy policies and ensuring legal compliance with data laws?

• Chief Information Officer (CIO)

• Chief Privacy Officer (CPO)

• Chief Security Officer (CSO)

• Chief Operating Officer (COO)

Which of the following is NOT a primary function of a Chief Security Officer (CSO)?

• Protecting data from unauthorized access

• Developing IT strategies

• Managing system vulnerabilities

• Overseeing cybersecurity protocols

Which of these is a benefit of viewing a business as a system using system thinking?

• Focus on individual tasks

• Understanding how different processes interact

• Isolating business units

• Reducing data storage needs

What is a competitive advantage?

• A method to raise product prices

• The ability to stay ahead of competitors through unique value offerings

• Hiring more employees than competitors

• A strategy to minimize operational costs only

Which of Porter’s three generic strategies focuses on being the lowest-cost producer?

• Focus

• Differentiation

• Cost Leadership

• Diversification

Which of the following is an example of a primary activity in the value chain?

• Technology development

• Human resources management

• Marketing and sales

• Firm infrastructure

Porter’s Five Forces model does NOT include which of the following forces?

• Buyer power

• Supplier power

• Market growth rate

• Threat of substitutes